ViperSwap

About ViperSwap

What Is ViperSwap?

ViperSwap is an automated market maker (AMM), a decentralized exchange (DEX) and DeFi protocol that allows users to exchange tokens, provide liquidity and earn trading fees.

The DEX launched March 8th, 2021 and runs on Harmony's blockchain - making it one of the fastest and cheapest DEX:es in existence.

ViperSwap is based on a mashup of Uniswap and SushiSwap smart contracts and features an automated market maker model where users trade against liquidity pools.

The pool liquidity is deposited by users who want to earn trading fees as well as staking rewards for providing the liquidity. After depositing funds the users earn a liquidity provider (LP) token called VENOM-LP which can be staked to earn additional rewards besides trading fees.

The LP token is also used by users to reclaim their initial provided capital plus earned trading fees.

What Makes ViperSwap Unique?

ViperSwap takes advantage of