MANTRA Swap

Everything you need to know about MANTRA Swap & Liquidity Pools

Introduction

MANTRA Swap is a permissionless exchange that offers a smooth experience while instantly swapping one token for another. It also includes liquidity pools, where users can provide tokens to boost the ecosystem’s liquidity.

What is MANTRA Swap?

Users who are swapping their tokens will interact with the liquidity pool to exchange one token for another. The rate at which the swap is executed will be determined by the liquidity pool tokens within the pool.

What are Liquidity Pools?

Liquidity pools are essential for facilitating exchange of tokens by supplying the necessary liquidity. By aggregating value into the pool, you can execute swaps instantly, while liquidity providers add their tokens to the pool.

Liquidity is provided through liquidity pools, which contain a pair of tokens. You can contribute an equivalent amount of both tokens based on the exchange rate of a liquidity pool.

After providing liquidity, you receive LP tokens, which represent your share of the pool.