RebaseSwap as a Service (RaaS)
RebaseSwap is an Automated Market Maker (AMM), and the Decentralized Exchange (DEX) created by the Rebase Finance project team to provide decentralized trading
Generally, AMM DEX will charge a Liquidity Provider Fee (trading fee) for each trade
AMM DEX’s receive the token as trading fee, and after a certain period of time they dump the token in market for profit, causing a red candle on the chart.
This dumping activity has a negative affects on the token price and shakes investor confidence level toward the protocol.
RebaseSwap as a Service (RaaS) aims to resolve this problem by providing an alternative AMM Dex as a service for all the REBASE project in the market.
The projects who sign up RaaS will receive 0.20% swapping/trading fee to their appointed owner wallet. The project owner can then decide if they want to add it back to the liquidity pool or realize it for any reason. If there is no owner wallet setup, it will be returned to the Liquidity Pools in the form of a fee reward for the liquidity provider
Rebase Finance Treasury will receive 0.05% swapping/trading fee. Project owner can buy it back from Rebase Finance instead of having us selling in the market, which creates a win-win scenario.
RebaseSwap lets users trade without the need to go through a Centralized Exchange. Everything you do on RebaseSwap is routed directly through your own wallet - no need to trust someone else with your coins!
When you make a token swap (trade) on the exchange you will pay a 0.3% trading fee, which is broken down as follows:
0.20% - Sent to project owner wallet. If no owner wallet is setup, it will return to Liquidity Pools in the form of a fee reward for the liquidity provider
0.05% - Sent to the Rebase FInance Treasury.
0.05% - Sent towards $REBASE buyback and burn.
You can only swap tokens on RebaseSwap if there is enough liquidity for those tokens. If nobody has added much liquidity for the token or tokens you want to swap, it will be difficult, expensive, or impossible to do so.
Providing liquidity will get you LP Tokens, which will earn you rewards in the form of trading fees for making sure there's always liquidity for the exchange to use.
(To be announced)