First AMM/DEX with Protocol Owned Liquidity (POL)
CrocSwap is the FIRST AMM & DEX on Cronos Chain that offers fee rebates via trade mining. We have the lowest trading fees on Cronos Chain. On top of that, we will also be the FIRST to introduce Protocol Owned Liquidity (POL) in our DEX!
When you make a token swap (trade) on the exchange, you will pay a 0.17% trading fee, and a portion of the fees is used to buyback CROC and form Protocol Owned Liquidity (POL) in the form of CROC/CRO LPs:
0.10% — Returned to liquidity pools in the form of a fee reward for liquidity providers.
0.05% — Buyback of $CROC to form Protocol Owned Liquidity (POL)
0.02% — Croc Swap Treasury
OlympusDao was the first project in the defi space to introduce Protocol Owned Liquidity. However, CrocSwap is the first AMM/DEX that will be introducing this self sustainable POL to our system.
In the existing DeFi, liquidity was supplied by users and was subject to the users, whereas in OlympusDAO, the protocol itself can take liquidity and control.
By allocating a big portion of our fees to buying back CROC and forming LPs, we will be able to ensure that as the platform scales in trading volume, it will help create deflationary pressure on CROC, resulting in a price increase over time.
On top of that, by forming LPs, we are ensuring that there will always be liquidity for CROC tokens. Even during bear market, there will be enough liquidity to support any sell offs.