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The LUA token is provided to Liquidity Providers (LPs) as an incentive for their continued involvement with the protocol. By holding the LUA token, individuals also hold a stake in the governance of the protocol. LUA token holders have the authority to determine the implementation of LuaSwap on subsequent chains, the distribution of LUA to LPs on the new chain, the selection of new token projects to be supported by LuaSwap, and more.
Issue Time
1970/01/01
Initial Price
US $ 0.00062289
Circulation/Max
207.03M/500.00M
Dominance
0.00%
ROI -99.81%
Information
What is LuaSwap?
LuaSwap is a new swap protocol that draws inspiration from previous AMM-based swap protocols like Uniswap and SushiSwap. However, LuaSwap has addressed the shortcomings of other swap systems through redesigned token economics and operational strategies. At its core, LuaSwap is a community-governed, multichain protocol powered by the LUA token. The primary objective is to provide support for smaller pools of emerging tokens instead of competing for liquidity in the top token pools.
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