Token swaps on PandaSwap are a simple way to trade one OKEx Chain token for another via automated liquidity pools.
The liquidity provided to the exchange comes from Liquidity Providers ("LPs") who stake their tokens in "Pools". In exchange, they get FLIP (PandaSwap Liquidity Provider) tokens, which can also be staked to earn PND tokens in the "farm".
When you make a token swap (trade) on the exchange you will pay a 0.3% trading fee, which is deposited in Panda Treasury, and part is used for PND repurchase destruction and subsequent deposit PND dividends.
Last modified 6mo ago
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