Acent DEX – “Acent Swap”
The Acent Swap is the Acent’s version of the PancakeSwap from the Binance Smartchain. Acent Swap is an automatic liquidity acquisition yield farm with a built-in Auto Market Maker (AMM) decentralized exchange that matches the crypto asset price to the existing market price. It has several other unique and creative features that allow users to earn rewards, such as:
- Trading pairs – traders can get ADE extra token rewards for every trade they conduct in specialized trading pairs. An ADE is a governance and reward token similar to the CAKE token in PancakeSwap. For most trading pairs, traders will receive an ADE trade token. This is an incentive for projects to use Acent decentralized exchange for their cryptocurrency swap.
- Acent Liquidity Pool – A liquidity pool is a mechanism by which users can pool their assets in a DEX’s smart contracts to provide asset liquidity for traders to swap between currencies. The Acent liquidity pool through the smart contract automatically raises the price floor continuously. The liquidity pool is locked and inaccessible within the prescribed period. The liquidity providers profit when the trading volume is high; the greater the trading volume, the greater the fees are collected in the liquidity pool.
- Harvest Lockup – A harvest lockup is a unique rewards lockup mechanism used to limit the frequency of harvest. It is designed to prevent farming arbitrage bots from constantly harvesting and dumping.
The main strength of Acent Swap as a decentralized exchange is that it runs on its own blockchain, the Acent Mainnet, which makes the platform faster and more secure. It has anti-whale security features that make sure it doesn’t allow people who have a lot of money to manipulate the price action of a cryptocurrency. This may include heavy volume selling of cryptocurrency to create a panic or run in the market. Transfers of more than 1/2 of the total supply will be rejected in the Acent Swap. As the total supply grows, this ratio will be reduced.
The Acent Swap Exchange v2 is a complete fork of the stable UniSwap v2 engine and Pancake User Interface. Its factory and router smart contracts are nearly the same as UniSwap. This means that the smart contracts that hold your cryptocurrency or liquidity are just as secure as the UniSwap.