Introduction of Suiswap (SSWP)

#Spot#Futures


Brief Introduction

Suiswap is a decentralized token trading platform and exchange built on the SUI blockchain. It aims to provide a secure, fast, and agile trading environment for the SUI ecosystem. 

Please note:

All information in this page is provided by the project team. Strictly for references only.

 

Project Highlights

1. Traditional Liquidity Pools

Similar to Uniswap, Suiswap will offer decentralized token exchange built on traditional liquidity pools. Users can trade tokens like SUI/USDC in a permissionless and decentralized manner. Liquidity providers (LPs) can contribute assets to the pool, earning a portion of the trading fees generated by the platform.


2. Stablecoin Liquidity Pools

Suiswap will also feature stablecoin liquidity pools, akin to Curve's USDC/USDT pools. These pools provide lower slippage and tighter spreads when trading stablecoins, making them an attractive option for traders and LPs alike.


3. Central Limit Order Book Trading Platform

To cater to more sophisticated traders, Suiswap will include a central limit order book (CLOB) trading platform. This component allows users to place limit orders, offering more control over their trades and potentially better prices compared to automated market makers (AMMs).


4. Decentralized Aggregator

The decentralized aggregator is a crucial component of Suiswap, combining liquidity from order books and liquidity pools to provide greater liquidity and lower slippage for traders. By aggregating multiple sources of liquidity, Suiswap aims to offer a more efficient and seamless trading experience.


5. Liquidity Farming

Users who provide liquidity to Suiswap's pools will be able to participate in liquidity farming, earning SSWP tokens as a reward. This incentive mechanism aims to attract more users to the platform, increasing liquidity and improving the overall trading experience.


6. Yield Farming and Platform Revenue

Staking SSWP tokens will enable users to participate in yield farming and gain a share of the platform's revenue. This feature offers additional incentives for users to hold and use SSWP tokens, further supporting the growth of the Suiswap ecosystem. 


Token Allocation:

Type

Percentage

Amount

Team, Developers, Advisors

30%

3,000,000,000 

Private, Seed Round, Market Making Reserve

13.5%

1,350,000,000 

Airdrop

2.5%

250,000,000 

IDO

5% 

500,000,000 

Events (CEX Listing, on-chain cooperations, initial liquidity rewards etc)

1.1%

110,000,000 

Liquidity Mining & Yield Farming

47.9%

4,790,000,000 


Total Supply: 10,000,000,000 SSWP

Official Website | Block Explorer | Twitter | Discord | Whitepaper  


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Enjoy trading on MEXC.

The MEXC Team

8 June 2023