xDai Centric AMM DEX🚀
There is a lot of untapped liquidity within the xDai community itself. Just on Uniswap, STAKE/ETH pair has almost 9 million in liquidity, that is 50% more than the peak we saw on Honeyswap. This goes to show that the xDai community doesn’t need to:
a) pay crazy amounts in gas fees for trading STAKE
b) delegate ownership of their STAKE tokens to a centralized authority
Most of the top pairs on Uniswap — 7 out of 10 — consist of Ethereum, because that’s the foundation of Uniswap. We believe the same standard should be applied to xDAI. xDAI — aka STAKE — should dominate the pairs on a DEX built on xDai.
4 out of 6 pairs that we’ll be funding via farms will consist of STAKE: STAKE/ETH, STAKE/XDAI, LVN/STAKE, LINK/STAKE.
We’re in talks with huge mining companies, who’re yet to be profitable — even with the increase in Bitcoin’s and Ethereum’s price — and have millions of dollars worth of Bitcoin/Ethereum sitting around in cold storages. Our mission is to have them provide liquidity for STAKE pairs. Levinswap will be the go-to place for STAKE traders, whether it be trading STAKE for ETH, XDAI, LINK or LVN.
The process will be gradual and liquidity will increase over-time.
Read more about when farming will be launched and in what shape here.
Start Providing Liquidity
Earlier you provide liquidity, more LVN tokens you’ll be able to farm.
You can start providing liquidity today — App.levinswap.org
In case you don’t know how to provide liquidity, here’s a guide.
Before yield farming becomes available for STAKE/XDAI and STAKE/ETH pairs, we first want to spread the word as much as we can and have as many xDai community members as possible join our mission to making Levinswap the go-to place for STAKE traders. No more centralized exchanges, no more crazy high gas fees.
Make sure to join our telegram group — https://t.me/levinswap
Follow us on Twitter — Levinswap (@levinswap) / Twitter
Don’t miss out on announcements — https://t.me/LevinswapAnn
If you prefer Discord — https://discord.gg/vYHCcJQFPW
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