💱DEX

Pandora Swap lets users trade without the need to go through a Centralized Exchange. Everything you do is routed directly through your own wallet—no need to trust someone else with your coins!

Pandora swap is an automated market maker (AMM) that allows a user to exchange tokens on the ASTAR network. The liquidity provided to the exchange comes from Liquidity Providers ("LPs") who stake their tokens in Liquidity Pools. In exchange, a user gets LP tokens that can also be staked to earn $PANDORA tokens in the "Farms".

Liquidity Pools

The Pandora swap exchange can only operate when there's enough liquidity to support trades; if nobody wanted to sell you $PANDORA for example, then it wouldn't matter how much you wanted to trade them for.

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.

Yield farming lets users that are providing liquidity earn $PANDORA rewards by locking their LP tokens into a smart contract. The incentive is to balance out the risk of impermanent loss that comes along with locking in your liquidity.