Liteswap Building A Stable DAO Platform With Low Transaction Fee
LiteSwap is a decentralized exchange running on Binance Smart Chain with lots of unique features
and Uniswap interface. The exchange is an automated market maker and it allows two tokens to be
exchanged on the Binance Smart Chain. This is a simple way to trade one BEP-20 token for another
via automated liquidity pools.
Liteswap will introduce low fees and easy swap between BEP20 assets. This is complete decentralized exchange developing on new revolution blockchain of Binance. Uniswap and Etherium blockchain is congested and charging huge fees which is not going smoothly and users can’t swap with small fees. So, Liteswap is the solution and allows users to swap tokens with small fees and fast.
LITESWAP EXCHANGE
Swap on Liteswap is a simple way to trade one BEP-20 token for another via automated liquidity
pools. The liquidity provided to the exchange comes from Liquidity Providers who stake their tokens
in Pools. In Liteswap V1, when you make a token swap (trade) on the exchange you will pay as little as 0.15% trading fee returned to liquidity pools in the form of a fee reward for liquidity providers.
LITESWAP GOVERNANCE
Liteswipe Governance enables $LITE token holders to vote and initiate proposals on the Swipe Network. With this protocol and with the LITE token upgrade, all centralized control and admin keys will be destroyed and the protocol will only be governed by the community.
Liteswipe Governance will also be able to adjust all smart contract dynamic parameters such as but not limited to:
● Burn Rates
● Ecosystem Rewards Distributions
● Rewards Rates
● LITE Requirement minimums
● Transaction & Trading Fees
● Interest rates
● Adding Tokens
Tokenomics
SALE : 40%
LIQUIDITY LOCK : 30%
ECOSYSTEM RESERVES : 20%
COMMUNITY REWARD: 5%
AIRDROP: 5%
PRIVATE SALE PRICE: $0.50
PRE-SALE PRICE : $1
PUBLIC SALE PRICE: $2
TOTAL SUPPLY: 10,000,00 LITE
Roadmap:
● Q4-2020: WEBSITE & EXCHANGE DEVELOPMENT
● Q1-2021: LAUNCHING EXCHANGE,STAKING.LISTING ON CEX
● Q2-2021: MOBILE APPS LAUNCHING
● Q3-2021: V2 LAUNCHING
So far, Liteswap airdrop program was already started
ABOUT LITESWAP
Liteswap is a decentralized application running on the Binance Smart Chain blockchain with automated pricing and liquidity system. The liquidity provided to the exchange comes from Liquidity Providers who stake their tokens in Pools. It is a unique aggregator that unites all the major DeFi protocols in a one application.
