🌐┃Exchange

PaPrikaSwap is an Automated Market Maker (AMM), and the Exchange is at the heart of PaPrikaSwap.

The PaPrikaSwap Exchange offers several features that support decentralized trading:

Swapping/Trading

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

Liquidity Pools

You can only swap tokens on PaPrikaSwap 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 for making sure there's always liquidity for the exchange to use.

ZAP features also allow you to be able to add or Remove liquidity from a side of the pool e.g Sol/USDT you can add more Sol to the pool by using the zap feature without needing USDT.

Yield Farming

Yield farming lets users that are providing liquidity earn PPAI 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.

Initial Dex Offerings (IDOs)

An Initial Farm Offering is an event that lets users buy into a limited-time offer to purchase new tokens from Sol Ecosystem. The IFO price is usually very generous.

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