Kokonut Swap

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Frequently asked questions

What is Kokonut Swap?

Kokonut Swap is a decentralized exchange (DEX) platform that allows users to swap and trade cryptocurrencies. It offers liquidity pools where users can provide liquidity and earn rewards in the form of annual percentage rate (APR). Kokonut Swap also has a governance feature that allows users to participate in the decision-making process of the platform. Additionally, it provides a bridge for converting tokens between different networks. Users can access charts and documentation for more information.

What are the main features of Kokonut Swap?

The main features of Kokonut Swap include:

• Swap: Users can easily swap between different cryptocurrencies.
• Pools: Users can participate in liquidity pools to earn rewards.
• APR: Kokonut Swap offers an annual percentage rate of 38% for staking and earning rewards.
• Governance: Users can stake Kokonut Swap tokens (KOKOS) to join the Kokonut DAO and participate in governance decisions.
• Bridge: Kokonut Swap provides a bridge for converting between Wormhole Bridged KOKOS and Native KOKOS.
• Chart: Users can access charts to track the performance of different cryptocurrencies.
• Docs: Documentation and information about Kokonut Swap are available for users to refer to.

How does the swap feature work?

The swap feature on Kokonut Swap allows users to exchange one cryptocurrency for another. Users can connect their wallet and select the tokens they want to swap. The exchange rate, including fees, is displayed, and users can choose the amount they want to swap. However, it is important to note that the specific mechanics and details of the swap feature may require further information from the official documentation or website of Kokonut Swap.

What is the APR offered by Kokonut Swap?

The APR offered by Kokonut Swap is 38%.

How can I participate in the governance of Kokonut Swap?

To participate in the governance of Kokonut Swap, you need to stake KOKOS tokens to join the KOKOS DAO. By doing so, you can earn an annual percentage rate (APR) of 38.80%. Additionally, there is a "Happy Button" that you can click to collect 1% of the fees.

Is there a bridge feature in Kokonut Swap?

Yes, there is a bridge feature in Kokonut Swap.