Dogoinu Exchange is an automated market maker (AMM) that allows a user to exchange two tokens on the Binance Smart Chain network. The liquidity provided to the exchange comes from Liquidity Providers ("LPs") who stake their tokens in Liquidity Pools. In exchange, a user gets LP tokens that can also be staked to earn DOGO tokens in the "Farms".
When a user makes a token swap (trade) on the exchange, a trading fee of 0.1% will be charged, which is broken down in the following way:
- 0.05% is returned to liquidity providers in the form of a fee reward
- 0.05% is used for DOGO token burning
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