Introducing TakoSwap and Tako Tokens
Introduction
TakoSwap, a product of Multiplier.finance, is an automated market making (AMM) decentralized exchange (DEX) currently on the Ethereum blockchain. Tako tokens are 100% distributed to the community, with no team allocation, no pre-mine, and no initial public sale. TakoSwap will be 100% governed by the community.
TakoSwap is audited by Bramah Systems (www.bramah.systems), and is a fork of SushiSwap and UniSwap with some key improvements. TakoSwap aims to improve AMM design in terms of price curves and contributor rewards.
· TakoSwap Exchange
· TakoSwap Liquidity Pools
· TakoSwap Farm
Each of these serves a different purpose within the ecosystem.
TakoSwap Exchange/Pool
The TakoSwap exchange allows users to swap ERC20 tokens into other ERC20 tokens through automated liquidity pools. When users make a trade on TakoSwap, they pay a 0.3% trade fee.
The liquidity provided to the exchange comes from Liquidity Providers (“LPs”) who supply their tokens in “Pools”. In return they get TakoSwap Liquidity Provider (“TLP”) tokens, which can also be staked in the “Farm”.
Trade fees go to Liquidity Providers who supply liquidity to the pools.
Initial Liquidity Pools(LPs) for farming Tako Tokens
The Farm allows users to yield-farm Tako rewards with each new block, based on staking TakoSwap Liquidity Provider (“TLP”) tokens they received from Takoswap Exchange/Pool. The farm also supports UNI-V2 LP tokens from Uniswap.
Token: TAKO
Emission Rate: 2000 TAKO per Block. (Divided by the proportional share of the pool)
· MultiTako: TAKO — MXX TLP (Up to 30,000% APY)
· MakiRoll: MXX — ETH TLP (Up to 30,000% APY)
· Takoball: TAKO — ETH TLP (Up to 30,000% APY)
· UniSushi: SUSHI — UNI TLP (Up to 15,000% APY)
· Sushi: SUSHI — ETH TLP (Up to 12,000% APY)
· Uni: UNI — ETH TLP (Up to 12,000% APY)
· Sochu: USDC — ETH UNI-V2 LP (Up to 8,000% APY)
· Udon: USDT — ETH UNI-V2 LP (Up to 8,000% APY)
Multiplier and TakoSwap Community
Twitter: https://twitter.com/MultiplierMXX
Discord: https://discord.gg/2fatBM7
Telegram: https://t.me/themultiplierio
Disclaimer: The price and amount of any token listed on TakoSwap can be affected by a wide range of factors. There are also no guarantees that you can obtain any specific amount of token out of the pool as the volume can fluctuate significantly. Multiplier has no control over these factors and assumes no liability for any loss, whether direct or indirect, however caused, as a result of your use of TakoSwap.
