Introducing YuzuSwap, the first DEX built on Oasis. You can swap cryptocurrencies, and add liquidity to earn rewards now.
YuzuSwap enables users to participate in liquidity mining - adding their crypto to the liquidity pools to earn liquidity tokens.
YuzuSwap lets users earn rewards just from trading using a system called Trade Mining. Every trade a user makes allows them to receive Trade Pool Share tokens (TPST) which accrue until withdrawn from the account.
YuzuSwap uses a fair launch system, meaning no tokens are pre-mined. All tokens are mined and released block by block and distributed fairly to the users and contributors, which prevents large sell-offs and damage to the health of the token price.
YuzuSwap works to actively support price health by taking a 0.3% transaction fee on all transactions. 80% of which is pooled in a Smart Contract that buys YUZU if the token price drops below the 72-hour average. The more transaction fees taken, the healthier the YUZU price should be.The final 20% of transaction fees goes to a vault that will be governed by YUZU token holders.