πŸ”Exchange/Swap (expand)

ATTENTION! The team developing Nomiswap project has been disbanded and is no longer able to develop or support the decentralized Nomiswap project. We recommend withdrawing all funds from Nomiswap as soon as possible. The supply of NMX tokens has reached its tokenomic limit and is no longer being issued.

All information provided below on this and all other pages is out of date and is provided for historical and reference purposes only. If you continue to use Nomiswap website or its smart contracts, you do so at your own risk.

______________________________________________________________________________

Nomiswap Exchange is an automated market maker (AMM) that allows a user to exchange two tokens on the Binance Smart Chain network (later on other networks). The liquidity provided to the exchange comes from Liquidity Providers ("LPs") who stake their tokens in Liquidity Pools. In exchange, a user gets LP tokens that can also be staked to earn NMX tokens in the "Farms".

When a user makes a token swap (trade) on the exchange, a trading fee of 0.1% will be charged, which is broken down in the following way:

  • 0.03% is returned to liquidity providers in the form of a fee reward

  • 0.07% is used for referral program rewards, trading fees cashback, NMX burning and Nomiswap profit.

Nomiswap may increase the trading fee in the future. A portion of this increase will be allocated to the team. Even after the increase of the trading fee, it is not going to be higher than the industry's average!

Last updated