Swapsicle

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Swapsicle is a decentralised exchange built on the avalanche blockchain offering swaps, farming and staking opportunities.

Platform Fees

  • Swapsicle charge a 0.3% fee on all trades.
  • 0.21675% is sent to liquidity providers of the traded pair. For example, if you provide 5% of all liquidity in the POPS/AVAX LP, you will receive 5% of these fees collected from trades between POPS and AVAX.
  • 0.045% is paid to Phoenix Community Capital as per the Guerdon Loop Agreement. This equates to 15% of transaction fees.
  • 0.03825% is sent to the Ice Cream Van to be paid out as staking rewards.

Products

  • Swap
  • Pool
  • Farm
  • Ice Cream van
  • Portfolio
  • Rewards

Ice Cream Van

  • Swapsicle’s Ice Cream Van feature allows users to stake their POPs tokens in exchange to receive sPOPs tokens. sPOP tokens are always more valuable than POPs tokens as sPOP tokens collect fees from all assets traded on the platform and disburse profits to all sPOP holders based on their ownership of the Ice Cream Van.
  • When you initially stake your POPs for sPOP tokens, you divide the “exchange rate” number by the amount of POPs you are depositing and this gives you the total amount of sPOPs you will receive. When you exit your sPOPs position back to POPs, you multiply your sPOPs by the exchange rate and that determines how many POPs you will receive. This exchange rate number grows daily and will always be higher than the previous day

Portfolio

  • The portfolio section of Swapsicle DEX shows users their balances within their wallet and also the liquidity positions they hold on Swapsicle. Users can click on assets within their portfolio in this section to add token balances and icons to their wallet as well as choose to go directly to the swap page to trade

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