New to Moonba?
MoonbaSwap is the DEX for interoperable trading.
Faster Trading
MoonbaSwap is a cross-chain AMM DEX protocol for swapping tokens based on OneLedger and its bridged chains, this removes ‘trusted’ intermediaries and provides the platform for faster trading. MoonbaSwap can produce a throughput of about 4000 tps , which is a lot faster than what other dexs can offer.
Lower Cost
The native gas fee charged for the Moonba protocol is much less than the fee charged on other blockchains.
One Click Transactions
While Moonba is a DEX, it does more than just facilitate digital asset trades. MoonbaSwap offers a variety of services aimed at assisting users in their growth, including a future launch one-click cross-chain transaction.
Limitless Liquidity
MoonbaSwap combines multiple liquidity sources under a common liquidity aggregation algorithm, operating completely on-chain, in a trustless and decentralized way.
The liquidity providers for the MoonbaSwap protocol are incentivised through the native rewards token, which provides them more motivation to add liquidity and keep the DEX running.
Anyone can contribute new sources of liquidity to MoonbaSwap. As an open source application contributions can be made directly to the MoonbaSwap codebase.
Swap Any Token
Increase the number of tokens available on MoonbaSwap by including tokens from the web3 ecosystem as well as tokens from other blockchains.
With Metamask Swaps integration users access all decentralized liquidity sources in one place.
MBA Tokens
MBA is a utility and governance token used to reward liquidity providers on MoonbaSwap. Unlike most other reward tokens, MBA is burned with transactions and decreases in supply over time.
The 0.3% trading fee for every swap on the MoonbaSwap is used to buy back $MBA tokens, which are then burned. At first, 85% of burned $MBA tokens are reminted to allocate to liquidity providers, but with time this percentage will decrease to zero over a 5 year period.
The 100% of gas fee charged in OLT would be burned. The gas model for OLT is thus deflationary in nature because the circulation is decreased by the amount burned in gas fees each day.