Exchange
Savvydex is an Automated Market Maker (AMM), and the Exchange is at the heart of Savvydex. Savvydex is the leading AMM on the BNB Smart Chain, and as statistics tell, the most popular Decentralized Exchange (DEX) ever!
The Savvydex Exchange offers several features that support decentralized trading:
Swapping/Trading
Savvydex lets users trade without the need to go through a Centralized Exchange. Everything you do on Savvydex is routed directly through your walletβno need to trust someone else with your coins!
Liquidity Pools
You can only swap tokens on Savvydex if there is enough liquidity for those tokens. If nobody has added much liquidity for the token or tokens you want to swap, it will be difficult, expensive, or impossible to do so.
Providing liquidity will get you LP Tokens, which will earn you rewards in the form of trading fees to ensure there's always liquidity for the exchange to use.
Yield Farming
Yield farming lets users providing liquidity earn SVC 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.
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