🔄Exchange
Last updated
Last updated
At AstroFi, our Automated Market Maker (AMM) powers our Exchange, which serves as the beating heart of our platform. Designed with decentralized trading in mind, the AstroFi Exchange boasts several impressive features that make it a top choice for crypto enthusiasts everywhere.
With AstroFi, you can trade without the need for a Centralized Exchange, giving you full control and ownership of your assets. Our platform enables you to route all your transactions directly through your own wallet, eliminating the need to trust a third party with your coins. At AstroFi, we're putting the power back in your hands!
At AstroFi, token swapping is dependent on sufficient liquidity for those tokens. If liquidity is lacking for the tokens you're interested in swapping, it may be challenging, costly, or even impossible to do so. However, you can help ensure that liquidity is available by providing it yourself. Doing so will earn you LP Tokens and rewards in the form of trading fees, which are key to ensuring there's always enough liquidity available for the Exchange to function smoothly.
At AstroFi, yield farming enables liquidity providers to earn AstroFi rewards by locking their LP tokens into a smart contract. This incentivizes users to provide liquidity while balancing the risks associated with impermanent loss, which can occur when you lock in your liquidity. With yield farming, you can earn rewards for supporting the platform while minimizing your risk. It's a win-win situation!
An Initial Farm Offering is an event that lets users buy into a limited-time offer to purchase new tokens. The IFO price is usually very generous.
