Sumswap — Decentralized Trading Protocol

Published on: 30.10.2021

The Sumswap unites decentralized protocols whose synergy enables the most lucrative, fastest and protected operations in the DeFi space.  The Sumswap dApp is No. 1 DeFi aggregator, offering access to the most liquidity and the best token swap rates on various DEXes, with unique features, including partial fill, the Chi gas token and theability to find the best swap paths across multiple liquidity sources.

Sumswap Features

  • Sumswap — The key of all successful DeFi products lies in the genius mathematical algorithms they have added in, such as the X*Y=K and other innovative algorithms.
  • AMM LP Mining — A new-generation automated market maker that protects users from front-running attacks and offers capital efficiency to liquidity providers.
  • Staking — Staking is a reward for platform pass holders. 80% of the SUM produced each day is used for Staking mining, which uses a special algorithm so that SUM pass holders do not only get a share of SUM.

As a governance and utility token, $SUM facilitates multiple tokenomics. It enables users to govern protocols and participate in the network’s evolution and serves as a connector utility token in the SUM Liquidity Protocol for high-efficiency routing.

Coin-staking is one of the mining methods designed by SUMSWAP. It’s a reward to SUM token holders where 40% SUM generated each day will be distributed to $SUM holders. All holders are able to receive SUM token airdrop and the more holding amount, the more airdrop the user can receive. However, by adopting special algorithm, the whale holders will receive less SUM airdrop to avert monopoly.

RESOURCES
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