A year has passed since the birth of HunnyFinance and we are proud to have the support of the community that has gotten us this far. We have expanded our products, built on different DeFi DApps, added cross-chain capabilities, etc. We have worked very hard to deliver on our promise; To be the most engaging and fun DeFi destination where every user can enjoy high yields and exciting games at the same time.
During the year we introduced:
- HunnyFinance Farm – A yield farming platform on BSC
- HunnyPlay – Our very own i-Gaming playground with all billing/payments integrated across blockchains
- HunnyPoker – A P2P game for our community to come together and relax
- HunnyDAO – A double DAO treasury on BSC
- HunnyJar – A reward pool that you can give back to the community
- HunnyMarketplace – Where our HunnyBunnys NFTs are sold/traded
Now we are pleased to introduce you to the latest product from HunnyFinance; a fun and engaging decentralized exchange (DEX) on Avalanche!
Welcome to HunnySwap
HunnySwap is a decentralized exchange (DEX) for automated market making (AMM) in the Avalanche ecosystem. With our strong support from backers in the BSC and also potential presence in Avalanche to attract new users, we believe HunnyFinance is ready to be taken to the next level.
Getting started with HunnySwap
On HunnySwap, users can swap one token for another via automated liquidity pools controlled by the AMM.
Trading Fees:
When you make a token swap (trade) at HunnySwap, you pay a 0.3% Trading fee, which breaks down as follows:
0.18% β Returned to liquidity pools as a fee premium for liquidity providers.
0.05% β Returned to the gXOXO staking pool as a reward.
0.05%β Returned to the LOVE staking pool as a reward.
0.02%β Sent to the Treasury.
How to add liquidity
To provide liquidity, you must provide an equal amount of any pair of tokens. Your lowest value (in USD) of the two tokens is the limit of the liquidity you can provide.
Here is the list of liquidity pairs available on HunnySwap during the launch:
XOXO/AVAX
AVAX/sAVAX
USDC/AVAX
USDT/AVAX
USDT.e/AVAX
wETH.e/AVAX
wBTC.e/AVAX
USDC/USDC.e
USDT/USDT.e
BNB/AVAX
PTP/AVAX
VTX/AVAX
YAK/AVAX
XAVA/AVAX
Earning Trading Fees for Liquidity Providers
By providing liquidity, you receive a reward in the form of trading fees when people trade tokens through your liquidity pool.
Whenever someone trades on HunnySwap, the trader pays a fee of 0.3%, thereof 0.18%are added back to the liquidity pool of the swap pair they traded on.
To make being a liquidity provider even more rewarding, you can also use your LP tokens to earn an additional return on Hunny Farms while continuing to earn yours 0.18%Trading Fee Reward.
By adding liquidity, liquidity providers can earn 0.3% swap fees from the pairs they provide. You can provide liquidity and start earning fees immediately. You can also earn even more rewards by spending your LP tokens on our farms.
XOXO token distribution
XOXO will be our native currency and provide decent liquidity on HunnySwap by attracting users interested in DeFi platform with cross-chain iGaming playground. Of course, our experience in the DeFi space has empowered us to curate and provide high yield pools and farms coupled with optimization strategies to create lucrative and attractive rewards for all our hunnies!
What’s next?
Our vision for HunnySwap is to be your only destination for trading Avalanche tokens and having fun on HunnyPlay. We build HunnySwap to allow our users to trade Avalanche project tokens with minimal slippage and be rewarded with our trade mining feature and earn high yields from our farms and pools. After the launch of HunnySwap, we will announce more collaborations and farms with other outstanding protocols on Avalanche.
Another highlight on HunnySwap will be our P2E game HunnyRace! Stay tuned for more great stuff!
About BunnySwap
π― Hunny aims to be the most engaging and fun DeFi target based on chain. In addition, we are developing a brand new and unprecedented gamified farming playground β οΈβ₯οΈβ£οΈβ¦οΈ π°π² where every user can enjoy high yields and exciting games at the same time.
π HunnySwap (DEX): https://hunnyswap.com/
π HunnyFinance: https://hunny.finance/
π HunnyPlay: https://hunnyplay.com/
π HunnyPoker: https://hunnypoker.com/
π HunnyBunny’s NFTs: https://nft.hunny.finance/
π Discord: https://discord.gg/d4fxKZFxPv
π¬ Telegram: https://t.me/hunnyfinance
π¬ Telegram ANN: https://t.me/HunnyFinanceNews
π¦ Twitter: https://twitter.com/HunnyFinance
π Medium: https://medium.com/HunnyFinance
π White paper: https://docs.hunny.finance/
π¨βπ» GitHub: https://github.com/hunnyfinance
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