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PinkSwap is a decentralized exchange to swap BEP-20 tokens for PinkArmy. PinkSwap uses an automated market maker (AMM) model. That means that while you can trade digital assets on the platform, there isn’t an order book where you’re matched with someone else. Instead, you trade against a liquidity pool.
Those pools are filled with other users’ funds. They deposit them into the pool, receiving liquidity provider (or LP) tokens in return. They can use those tokens to reclaim their share, plus a portion of the trading fees. So, in short, you can trade BEP-20 tokens, or add liquidity and earn rewards.
We haven't announced the Pools you'll be able to provide liquidity for but rest assured you'll have a few options from which you can dabble in. Based on what you provide you will get LP tokens of that pair. For example, if you provide LP for a PinkS-BUSD pool you will get PinkS-BUSD LP tokens.
PinkSwap is the native DEX that we bring to the Pink ecosystem. $PinkS is PinkSwap token that you can earn while you farm or even use it to farm on the platform. PinkSwap charges 0.3% fee each trade: 0.25% will be shared to LP, 0.05% will be used to burn $PinkS.