🔁SWAP
OmaxSwap is an Automated Market Maker (AMM). OmaxSwap is the main AMM on the Omax Blockchain!
The OmaxSwap Exchange offers several features that support decentralized trading:
Swapping/Trading
OmaxSwap lets users trade without the need to go through a Centralized Exchange. Everything you do on OmaxSwap is routed directly to your own wallet—no need to trust someone else with your coins!
Liquidity Pools
You can only swap tokens on OmaxSwap if there is enough liquidity for those tokens. If nobody has added much liquidity for the token or tokens you want to swap, it will be difficult, expensive, or impossible to do the swap.
When you provide liquidity, you will get Liquidity Pool (LP) tokens. The number of LP tokens you receive represents your portion of the LP. This enables you to earn rewards in the form of trading fees. When someone trades, a portion of the transaction fee that the trader pays is added to the LP of the swap pair they traded on. The fees collected gets distributed to the LP providers proportionally.
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