🔂Exchanges

Introduction

Exchanges or Swaps are the most common way of interacting with the Asteroneo protocol. For end-users, swapping is straightforward: a user selects a NEO X token that they own and a token they would like to trade it for. Executing a swap sells the currently owned tokens for the proportional amount of the desired tokens, minus the swap fee, which is awarded to liquidity providers. Swapping with the Asteroneo protocol is a permissionless process.

On Astereoneo there is a 0.17% trading fee per swap, which will be divided as follows:

• 0.1% LP Providers

• 0.07% Development

Note: Using web interfaces (websites) to swap via the Asteroneo protocol can introduce additional permission structures and may result in different execution behavior compared to using the Asteroneo protocol directly.