🔸AMM DEX

Token swaps on YieldBase are a simple way to trade one ERC20 token for another via automated liquidity pools. Swap any crypto tokens, and you will get $YB rewards on every trade.

When you make a token swap (trade) on the exchange, you will pay a LOW 0.30% trading fee, which is broken down as follows:

0.1% - Return to liquidity pools in the form of a fee reward for liquidity providers.

0.1% - Will be used to fund the multi-layered rewarding pool

0.1% - $YB Buyback and Burn

You can get free YB as a reward for every trade from trade mining, so swap will help you to earn more!

Liquidity Pools

Liquidity pools allow you to provide liquidity by adding your tokens to liquidity pools.When you add your token to a liquidity pool, you will receive Liquidity Pool (LP) tokens called YB-LP.As an example, if you deposited YB and ETH into a liquidity pool, you would receive YB-ETH LP tokens.The number of LP tokens you receive represents your portion of the YB-ETH liquidity pool.You can also redeem your funds at any time by removing your liquidity.Providing liquidity is not without risk, as you may be exposed to impermanent loss.It’s not all bad for liquidity providers as you will also be given a reward in the form of trading fees. For example, whenever someone trades on Yieldbase, the trader pays a 0.3% fee, of which 0.10% is added to the liquidity pool of the swap pair they traded on.

For example:

• 10 LP tokens are representing 10 YB and 10 ETH tokens.

• 1 LP token = 1 YB + 1 ETH

• Someone trades 10 YB for 10 ETH

• Someone else trades 10 ETH for 10 YB.

• The YB/ETH liquidity pool now has 10.010 YB and 10.010 ETH.

• Each LP token is now worth 1.00010 YB+ 1.00010 ETH.

​To make being a liquidity provider even more worth your while, you can also put your LP tokens to work whipping up some fresh yield on the Yield Farms while still earning your 0.10% trading fee reward.