by Wault Finance
Quick Fact
WaultSwap offers some of the lowest trading fees in DeFi (0.20%) and supports yield farming and staking with its native tokens WEX and WAULTx.
WaultSwap is a decentralized exchange (DEX) and automated market maker (AMM) operating on Binance Smart Chain (BSC) and Polygon. Launched in April 2021, it provides users with low-fee token swaps, liquidity provision, yield farming, and staking opportunities. The platform's native tokens, WEX and WAULTx, serve as the farming reward and governance tokens, respectively.
WaultSwap's AMM model allows for efficient token swaps with a trading fee of just 0.20%. Users can provide liquidity to various pools and earn WEX tokens as rewards. The platform also offers staking pools where users can stake WEX and WAULTx tokens to earn additional rewards.
WAULTx token holders have governance rights, enabling them to vote on protocol decisions and participate in the platform's development. WaultSwap has expanded its ecosystem to include features like Wault Locker for liquidity locking, Wault Launchpad for new project presales, and a yield optimization platform.