Along with the development of the ONUS Chain ecosystem, potential decentralized applications (DApps) are gradually integrating into the platform, providing users with diverse choices and complete experiences.
As the next DEX/AMM protocol built on the ONUS Chain network, HeraSwap helps users to exchange assets quickly at a low cost. Besides, HeraSwap also offers Farming Pools/Mining Pools with impressive APY.
With a friendly interface, rich liquidity and attractive APY Pools/Farms, HeraSwap aims to become the best decentralized exchange on the ONUS Chain ecosystem.
HeraSwap will be released soon in the upcoming time. All official information will be updated to the community on ONUS Chain channels.
About HeraSwap
HeraSwap is the next decentralized exchange in the ONUS Chain ecosystem, providing necessary features including:
- Swap:
With this feature, users can trade and exchange assets easily and quickly with rich liquidity pools. When a user makes a transaction, a 0.25% fee will be applied and distributed as follows:
– 0.05% is used as the reward for Liquidity Providers
– 0.15% is used to buy back and burn HERA
– 0.03% is transferred to USDO collateral
– 0.02% is transferred to HeraSwap developers
This allocation will ensure the stable operation of HeraSwap and the whole ecosystem
- Add Liquidity
Users add holdings to liquidity pools to get back the transaction fees and LP tokens of the pool provided with liquidity.
Example: Those who add ONUS and HERA to the liquidity pool will receive back WONUS-MIA LP tokens. Besides, 0.05% of the ONUS-HERA swap transaction fee will also be used as the reward for all ONUS-HERA liquidity providers.
Farm
This feature allows users to stake LP tokens to receive the reward of HERA, thereby increasing passive income with an attractive APR.
The APR level will represent the amount of HERA users receive when staking LP tokens and is calculated at the current rate. The Farm feature encourages users to provide liquidity for trading pairs, thereby ensuring ample liquidity and reasonable transaction costs for everyone.
- Mining Pools
With Mining Pools, users can stake HERA and ONUS to get HERA or other assets in return. By staking the HERA received from Yield Farm, investors can maximize profits from the liquidity provision.
With the above features, users can easily trade assets, generate passive income and experience a complete DeFi space.
About Hera Token (HERA)
HERA is the native token of the HeraSwap, and is used to:
- Add liquidity
- As a reward for liquidity providers
- Stake and get rewarded with other assets
HERA is designed with a mechanism to have the daily burn rate slightly higher than the daily mint rate. This means the token is targeted to be slightly deflationary. This allows the price to rise, which in turn increases the incentive to stake and farm for more pairs and draw in even more users who want to swap different coins.
Specifications:
- Name: Hera Token
- Symbol: HERA
- Platform: ONUS Chain
- Token type: Utility
HERA is expected to be listed in the form of a Fair Launch on 3 platforms: HeraSwap, MiaSwap and ONUS application. More details will be updated in the coming time.
The launch of HeraSwap will contribute to completing the ONUS Chain ecosystem, providing more ideal choices for users and creating a complete DeFi space.
Join the ONUS Chain community: https://t.me/onuschain_chatglobal
