HopeSwap

Exchange rate market

HopeSwap is an Automated Market-Maker(AMM) protocol that based on a dual AMM able to support both volatile (UniV2) and stable (Curve-like) assets. The protocol enables a decentralized on-chain exchange for various assets involved in the LightDAO ecosystem.

HopeSwap: https://app.hope.money

Users can participate in HopeSwap as traders, liquidity providers, or both.

Trader

Traders can exchange their tokens for other tokens through HopeSwap using the price determined by the liquidity pool ratio.

Liquidity Provider

Liquidity providers adds equal value of two assets to their corresponding HopeSwap pair pool, increasing the liquidity for the corresponding pair market while maintaining the pool price.

In this process, liquidity providers are rewarded by newly minted LP tokens. LP tokens represent the liquidity provider’s share in the pool and provide the benefit of earning trading fees, which are accumulated into the pool on every swap transaction. Liquidity providers can burn their LP tokens to withdraw their share from the pool.

On the other hand, HopeSwap liquidity provider can mine LT tokens by putting their LP tokens into Gauge of HopeSwap pool.