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Exchange

Build your borderless economy
An image of the exchange unit dashboard.

Overview

Every token created on Unit Network is able to open its own decentralised exchange (DEX). This helps to build an economy around a token by allowing a community to set a fair market price based on demand
The exchange protocol used is called an AMM (Automated Market Maker) and is akin to project like Uniswap, SushiSwap and PancakeSwap.
An important feature of DEXs is that it allows projects / tokens with low liquidity to create a market to facilitate buying, selling and staking. A great alternative to centralised order-book exchanges like Binance, which are difficult (if not completely out of reach) for small token projects to list on.

Exchange Fees

Every Exchange on Unit Network has a USDU pairing and charges a 2% fee on each trade, split equally four ways:
  • 0.5% to the UNIT Treasury
  • 0.5% to the user who invited the exchanger
  • 0.5% to the liquidity pool
  • 0.5% to the Treasury of the token being exchanged

Last modified 2mo ago