Swap / AMM

PolyZap Swap

The Automated Market Maker (AMM) is where you go to swap cryptocurrencies on Polygon (Matic) Network. You can also lock liquidity at the AMM which will transact PolyZap LPs into your wallet for collecting a portion of the trade / swap fee and these LPs can then be used to stake in the farms / pools to earn PZAP.

Swap Features

  • Our own AMM means liquidity is locked in the PolyZap Swap, giving the Yield Farm independence and stability, once we have built enough liquidity (we need your help to achieve this goal!).

  • Controlling our own liquidity, allows us to offer investors incentives and features that would not be possible otherwise.

  • Auto Slippage is an innovative Swap feature we’ve added that will automatically (where available) sets the slippage for a token, for easier trades.

  • Competitive swapping fees (0.25%)

Token Swapping

Token Swap on PolyZap is the simple way to trade Polygon (Matic) Network tokens for another via automated liquidity pools.

Swap Interface for PolyZap

The liquidity provided to the AMM comes from Liquidity Providers ("LPs") who stake their tokens in "Pools". In swap, they get FLIP (PolyZap Liquidity Provider) tokens, which can also be staked to earn PZAP tokens in the "farm".

Liquidity Interface for PolyZap

When you make a token swap (trade) on the swap interface you will pay a 0.25% trading fee, which is broken down as follows:

0.17% - Returned to liquidity pools in the form of a fee reward for liquidity providers.

0.08% - Sent to the PolyZap Treasury.

Note of Liquidity Providers :

Providing liquidity is not without risk, as you may be exposed to impermanent loss. “Simply put, impermanent loss is the difference between holding tokens in an AMM and holding them in your wallet.” - Nate Hindman

It’s not all bad for liquidity providers as you will also be given a reward in the form of trading fees. Whenever someone trades on PolyZap, the trader pays a 0.25% fee, of which 0.17% is added to the liquidity pool of the swap pair they traded on.

To make being a liquidity provider even more worth your while, you can also put your LP tokens to work whipping up some fresh yield on the PolyZap farms, while still earning your 0.17% trading fee share.