Product attributes
Cryptocurrency attributes
Other attributes
Minswap is a multi-pool decentralized exchange on Cardano.
Swap tokens with minimal cost, minimal time and maximal convenience.
Mindswap is a Decentralized Exchange (DEX). The purpose of a DEX is to enable permissionless trading of token pairs. For each swap, a fee is taken, which goes to the Liquidity Providers (LPs). Anyone can provide Liquidity as well, hence profits are decentralized. Minswap is a community-centric DEX, in that our tokens are fairly distributed, without any private or VC investment. Minswap has pioneered several ideas in the Cardano ecosystem such as the FISO model, touted as the fairest ISO model in the Cardano community, and we plan to continue developing several value adding features once we have launched the DEX. This will benefit both the Minswap community, and the Cardano community as a whole.
Deep Dive
Fair Distribution
No private investment or VC allocation. MIN tokens are fairly distributed to the community with 21.5% allocation to core team and development funds.
Yield Farming
MIN tokens are rewarded to liquidity providers who stake their liquidity pool tokens.
Transparent
If it is your key, it is your money. Participating in the market without ever leaving your wallet.
Launchpool
Supporting new projects in Cardano ecosystem with Initial DEX Offering (IDO) and Initial Farm Offering (IFO).
Permissionless
Anybody can list tokens without permission. Anybody can trade tokens without KYC.
Community First
All trading fees go to liquidity providers and MIN stakers. MIN token holder vote democratically on protocol changes.
Stake Pool Operators Support
Minswap supports the SPOs by a community-oriented ADA delegation policy and Fair Initial Stake Offering.
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