We are excited to launch the first Automated Market Making DeFi protocol on Reddit Arbitrum made especially for Reddit Community Points (RCP)! RCPswap will enable you to Provide Liquidity and do Swaps between RCPs while everything is done in decentralized way by smart contracts on Reddit Arbitrum network. RCPswap.com is the interface in which you can interact with the deployed smart contracts:
There are 3 basic functionalities:
Fees to Swap: The Swap fee is 0.9% and itβs divided between Liquidity Providers - 0.75% and MoonsDust Treasury - 0.15% (MOOND Buy Back & Brun). Metamask is a must for interacting with RCPswap, you need to add Reddit Arbitrum and the tokens you will use. Why would someone be LP?
What Next? Adding Stablecoin, New Design and Logo, Migrating MoonsSwap from HoneySwap to RCPswap , TheGraph Api integration + Analytics page, listing on CoinMarketCap and CoinGecko. These and more will be available on MoonsDustβs Roadmap soon. [link] [comments] |
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