Token Swaps
Token swaps on PacificSwap provide an uncomplicated method for exchanging one cryptocurrency for another. This process occurs through automated liquidity pools on the Manta Pacific, and it also involves market makers when trading tokens on the same network.
When conducting a token swap (trade) on the PacificSwap Exchange within the Manta Pacific, you'll encounter trading fees that correspond to the specific liquidity pool your trade is passing through. To find out more about the route details and associated fees, you can click on the magnifier icon located in the "Route" section. This allows you to access information regarding the exact fees involved in your trade based on the chosen liquidity pool.
In Exchange V3 liquidity pools, there are presently four distinct fee tiers available: 0.01%, 0.05%, 0.25%, and 1%. These fee tiers determine the transaction costs associated with trading within the liquidity pools, with each tier offering a different fee percentage for participants.
Within Exchange V2 liquidity pools, a fixed 0.25% trading fee is imposed. This fee is distributed as follows:
0.17% is returned to the Liquidity Pools, benefiting liquidity providers as a fee reward.
0.04% is directed to the PacificSwap Treasury, supporting the platform's financial operations and development.
0.04% is directed for future buyback and burn of PACIFIC tokens. (NOTE: PACIFIC TOKEN IS NOT DEPLOYED YET, STAY AWAY FROM SIMILAR NAMED TOKEN)
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