SpaceSwap is an exchange with an Automated Market Maker (AMM) that offers low rates and efficient decentralized trading where you can trade or provide liquidity for profit.
Everything you do on SpaceSwap is routed directly through your own wallet, no need to trust someone else with your coins.
By adding liquidity to SpaceSwap, you will receive LP tokens as reward. When users swap, you earn the LP tokens for the trading fee rewards.
When you trade with SpaceSwap, you pay 0.3% of trading fee, which is allocated as follows.
0.15% - directly allocated to the liquidity provider
0.05% - buyback and burn SPACE
0.05% - buyback SPACE and allocate to NFT and DAO treasury (70% to NFT for dividends, 30% to DAO lock-up)
0.05% - development and operating funds
Liquidity Mining, also known as Yield Farming, stake your LP tokens to Farm, participate in liquidity mining, and earn SPACE rewards.
By trading, you can participate in trading mining and earn SPACE rewards based on transaction volume. A percentage of the block rewards is allocated to the trading mining reward pool, allocation is based on your trading volume and the reward weighting of each trading pair.
* At the early age of SpaceFi's whole launching, trading mining won't be enabled. The trading mining reward allocated by the blocks will be locked in the trading mining reward pool. When trading mining is live, the reward will be partly airdropped to users who have previously traded and partly burned, according the actual trading data.