What is OtterHome Swap (HOME)

OtterHome Swap is a decentralized exchange (DEX) that operates seamlessly on the Arbitrum network. It aims to provide user-friendly and cost-effective decentralized finance (DeFi) experience while ensuring the highest level of security through Ethereum integration.

Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (HOME/USDT – Trade it here) on our Innovation Zone! Check it out now!

What is OtterHome Swap (HOME)
What is OtterHome Swap (HOME)

What Exactly is OtterHome Swap?

OtterHome is a decentralized exchange (DEX) platform that focuses on simplicity and efficiency. It offers users a seamless and user-friendly experience when swapping tokens. The platform is built on the Liquidity Book protocol, which is an innovative automated market maker (AMM) enabling easy token swaps.

Liquidity Book is an innovative Automated Market Maker (AMM) protocol that prioritizes capital efficiency. It offers several key features to enhance the trading experience:

  1. Zero Slippage: The liquidity Book ensures that traders can swap tokens within specific price ranges without experiencing any slippage. This feature promotes smooth and seamless token exchanges.
  2. Dynamic Fees: Liquidity Providers have the opportunity to earn additional fees during periods of high market volatility through surge pricing. This incentivizes liquidity provision and rewards providers for their participation.
  3. High Capital Efficiency: Liquidity Book supports high-volume trading while maintaining low liquidity requirements. This makes it an attractive choice for both traders and liquidity providers, as it maximizes the utilization of available capital.
  4. Flexible Liquidity: Liquidity Providers have the flexibility to customize their liquidity distributions based on their individual strategies. This feature empowers providers to have greater control over their liquidity provision, aligning with their specific goals and preferences.

By incorporating these features, OtterHome Swap aims to optimize liquidity on the Arbitrum network, facilitating efficient and seamless token trading for participants within the ecosystem.

Fees on OtterHome Swap

OtterHome DEX has a unique and exciting feature – dynamic fees. Their trading fees are highly customizable and can be adjusted according to market conditions or the community’s preference.

There are four facets to our dynamic fees system:

  1. Variable Fees allow for fees to be separately adjusted for different pool models and specific liquidity pools. Each pool model has a default fee, and liquidity pools will inherit the default fee of their pool model if not set. This feature applies not only to trading fees but also to protocol fees.
  2. Directional Fees allow each liquidity pool to have custom trading fee tiers in different directions, such as buying or selling a token. This allows for a more flexible fee structure and can be set upon the request of the community and token issuers.
  3. Fee Discount. They offer fee discounts, just like traditional centralized exchanges. In the future, token stakers will be able to enjoy different fee discount tiers, with higher discounts for staking more tokens.
  4. Fee Delegating is one of the ultimate innovations around fees. It enables the delegation of trading fees of specific pools to partner ecosystem projects dynamically in a democratic way. Upon the request of corresponding ecosystem projects, it’s possible to transfer the decision of the trading fees of specific pools completely to external sources.

Where to buy HOME Token

You can find HOME Tokens here at MEXC! We are listing HOME/USDT in our Innovation Zone!

What is the Price of HOME Tokens?

The HOME token is trading at MEXC for $0.0000972! It also has a 24-hour trading volume of $875.19K. You can check the live price of their token right here!

How to buy HOME Tokens on MEXC

You can buy HOME Tokens on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “HOME” using the search bar to see the available trading pairs. Take HOME/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of HOME you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy HOME] to confirm your order. You will find the purchased HOME in your Spot Wallet.

You can find a detailed guide on how to buy HOME Tokens here.

Get Free Airdrops with MEXC Launchpad!

Did you know MEXC gives out 20+ free airdrops weekly? Launchpad and Kickstarter events ensure that all our loyal MX token HODLers receive a ton of new tokens! Learn all about it at our MX Zone now!

Meanwhile, check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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