STEPN has built its own multi-chain Decentralized Exchange (DEX) DOOAR, it will undergo a few stages as outlined below:
Stage 1: A STEPN in-app swap without an independent front end: the swap only serve users within the STEPN app
Stage 2: A DEX with a front end: anyone can provide liquidity to GST/USDC & GMT/USDC pairs.
Stage 3: A DEX with a front end: anyone can create liquidity pools for other tokens (MULTI-CHAIN).
The swap within STEPN will charge 1% trading fee. In this 1% fee:
- 1.0.3% will be rewarded to the liquidity providers.
- 2.0.6% will be held at a separate address to give back to the STEPN ecosystem. The potential use cases include: a) GMT buyback and burn; b) NFT sneakers buyback and burn; c) Support ecosystem building events ; d) Community giveaways and raffles.
- 3.0.1% will be used for the future development work.
The contract address of DOOAR is: Solana: Dooar9JkhdZ7J3LHN3A7YCuoGRUggXhQaG4kijfLGU2j BNBChain: Factory: 0x1e895bFe59E3A5103e8B7dA3897d1F2391476f3c Router: 0x53e0e51b5Ed9202110D7Ecd637A4581db8b9879F
Ethereum: Factory: 0x1e895bFe59E3A5103e8B7dA3897d1F2391476f3c Router: 0x53e0e51b5Ed9202110D7Ecd637A4581db8b9879F Dooar is officially released on 17th August 2022, the DEX address is dooar.com