πŸ”„Token Swap (trade)

Token Swap (trade)

Token swaps on SiberianSwap are a simple way to trade one BEP-20 token for another via automated liquidity pools. When you make a token swap (trade) on the exchange you will pay a 0.25% trading fee, which is broken down as follows:

0.17% - Returned to liquidity pools in the form of a fee reward for liquidity providers.

0.08% - BuyBack of Siberian Token to increase stability in price.

Liquidity Pools

SiberianSwap pools allow you to provide liquidity by adding your tokens to liquidity pools.

When you add your token to a liquidity pool you will receive Liquidity Pool (LP) tokens. As an example, if you deposited Siberian and BNB into a liquidity pool, you would receive SIBERIAN-BNB LP tokens.

The number of LP tokens you receive represents your portion of the SIBERIAN-BNB liquidity pool.

You can also redeem your funds at any time by removing your liquidity.

SiberianRouter Smart Contracts

Our Token Swap (trade) functions and smart contracts are built and forked from pancakeswaps contracts, which the #1 DEX on Binance Smart Chain.

Decentralized

Trade directly from your wallet app. Unlike centralized exchanges like Binance or Coinbase, SiberianSwap doesn’t hold your funds when you trade: you have 100% ownership of your own crypto.

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