corSwap and Liquidity

CorSwap, the built-in user-friendly DEX based on Uniswap V2. , facilitates seamless swaps between corTokens and pair tokens. The liquidity for each corToken is sourced from Liquidity Providers (LPs), ensuring robust market dynamics.

Low Costs: Only a trading fee is charged, with no hidden fees.

Reliability: Liquidity provided by LPs ensures a stable and reliable market for corToken transactions.

Aggregated Liquidity: CorSwap not only relies on its built-in Coral DEX but also aggregates liquidity from other DEXs, enhancing overall market liquidity and trading opportunities.

CorSwap Liquidity

Anyone can become a liquidity provider (LP) on CorSwap by depositing an equivalent value of corTokens and the paired token in return for liquidity pool (LP) tokens. These tokens represent the LP’s share of the total pool reserves and can be redeemed for the underlying assets at any time.

Transaction Fees & Rewards

CorSwap applies a 0.25% fee to trades, which is given back to liquidity providers. In the future, this fee and the distribution might be adjusted.

LPs earn rewards from transaction fees, which are distributed pro-rata according to their share of the pool. Additionally, Coral Finance offers $CORL as rewards for LPs.

CORL rewards for each liquidity pool are weighted and will be adjusted with more pools coming in.