Swap Tutorial

Introduction

SheepDEX is an automated market maker (AMM) on which users can swap BEP20 tokens.

The liquidity provided to the exchange comes from liquidity providers ( LPs) who keep their tokens in liquidity pools. At the same time, they will receive a proof, which can also be staked on the Yield Farming page to earn SPC tokens.

SPC tokens can also be rewarded when a specified trading pair is exchanged. For more info about the pools or trading pairs, see the Transaction Rewards page.

When you trade, the platform will automatically match the fund pools and exchange router with the best rates. Depending on the trading pairs, you may have to pay a fee of 0.1%, 0.2%, or 0.5%. And 50% of the transaction fee will be rewarded to liquidity providers.

Swap Tutorial

Click Swap, select BNB and choose a token that you want to swap.

Allow SheepDex to Use your selected token if it is traded on SheepDex for the first time.

Enter the amount, click Swap and Confirm the transaction.