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Memeswap utilizes Uniswap V2 under the hood, modified in certain ways to ensure safe launches. In this page you'll find about Memeswap exchange design.

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Core AMM

Memeswap utilizes Uniswap's xyk, custom-tailored to satisfy needs of fast liquidity markets(aka meme markets).

We baked custom crafted token deployments into the AMM algorithm to ensure perfect safety for new projects without audits or need of identification. Likewise this safe environment removes friction from buyers side, efficiently boosting possibilities of new moonshots.

Few significant differences from Uniswap core are;

• Users are only allowed to pair tokens with whitelisted liquidity tokens.
• Pairs are modified to recognize pairs that include tokens deployed on Memeswap.
• There's builtin 1% protocol fee on swaps that is used to accumulate LP. This LP is shared between protocol and deployer. If it's a token deployed on Memeswap, protocol gets half of accumulated LP. If it's some random token, protocol gets 1/6 of the accumulated LP.

Memeswap Tokens

Memeswap tokens are gold standard meme tokens when used in conjunction with Memeswap AMM, fully utilizing built-in security measures without extra costs.

Memeswap Tokens have a few mechanisms worth learning about;

Liquidity locks: Memeswap Tokens get locked in first liquidity provision for a minimum of 1 day. Other options are 7 days, 15 days, 30 days, and 90 days. During LP lock, it's not possible to add further liquidity to protect traders from soft-rug scenarios.

Taxes: Memeswap tokens have built-in configurable buy/sell taxes and deployer's share on these taxes. Keep in mind it's not possible to change these values after deployment to ensure safety.

Anti-bot & anti-whale protection: Memeswap tokens have several protection mechanisms cooked in prohibiting frequent swapping, batch swapping, hoarding, and sniping with best-practice parameters to ensure fair launches.

Vault / Liquidity Rental

Vaults are Memeswap’s vehicle for liquidity rental. All whitelisted liquidity tokens have their own vaults where you can lend/borrow liquidity in an isolated fashion. Initially, our protocol will exclusively support trading with the BERA pair. This focused approach ensures stability and optimal functionality as we roll out additional features and pairs in future phases.

Safe yield: Due to design decisions, it is not possible to lose money with staking vaults. When renting from a vault, a deployer needs to pair all of the tokens supply, meaning this pool cannot go below it's starting liquidity. 100% safe real yield for you guys 🤌

Extension/buyout: A deployer can choose to extend or buyout the rental as long as there's balance in the vault. Price is dynamically set between boundaries defined by team(Memeswap DAO in the future).

Withdrawals: When you want to exit, you'll get queued. This is because we go for maximum efficiency instead of removal convenience. At any given time you can see the exit queue on the application. After you enqueue for withdrawal, your assets will be automatically sent to your address when your turn is up.