FKD Defi determines whether swapping within a liquidity pool or through the order book will provide the best price for the user, and executes accordingly
Know moreEarn FKD by providing liquidity and earn yield through fees and yield farms. FKD farms allow liquidity providers to earn tokens as reward incentives for providing liquidity, in addition to trading fees
Know moreFKD DEX’s mission is to provide accessible financial opportunities for the (crypto) traders through transparency, security, and support. Our goal is to provide the best trading conditions to our community members through our latest technology.
FKD DEX’s mission is to provide accessible financial opportunities for the (crypto) traders through transparency, security, and support. Our goal is to provide the best trading conditions to our community members through our latest technology.
FKD DEX is a part of FaceKindle Social media platform. Our goal is to build a community and provide access to the multiple finance market. FKD DEX is a de centralized exchange supported by its own token “FKD” to provide easy access to our token holders to trade at their very own developed exchange. The roadmap will help achieve top spot in the DeFi world and is also a path to unlimited scalability for FKD exchange.
No pointless fees, no barriers to entry. All transactions on FKD DEX are with minimum gas fees and we support every level of transaction, from simple swaps to complex API trades. Quickly swap between any of the pairs listed on our platform. You can set your own maximum slippage and we’ll warn you when your trade is going to move the market too much.
In addition to swapping tokens, FKD users can also add liquidity to the DEX itself by contributing equal amounts of two tokens (a token pair) to create liquidity provider (LP) tokens. Liquidity pools are created by pairing together two different crypto tokens and depositing them into a smart contract. FKD currently uses the constant product formula for our automated market marker (AMM) and liquidity pools, ensuring that assets are always deposited in an equal 50/50 split based on the current value of those assets, and that all liquidity pools only ever have two tokens in them.
Any time someone swaps between a BNB Chain token pair on FKD DEX, a 0.20% trading fee is collected. For trades on BNB Chain: Of the 0.20% trading fee, 0.05% goes to the FKD DEX Treasury, and the remaining 0.15% is distributed proportionally to all holders of the applicable FKD-LP token.
With our Yield Farms, users can stake their FKD-LP tokens after providing liquidity to boost their LP earning power through native FKD token rewards. At FKD DEX, we use our farms to primarily incentivize users to provide liquidity for their favorite projects by rewarding users who stake particular FKD-LP tokens with FKD. We are foremost a DEX, so the more liquidity we have available, the more users can trade. It’s in everyone's best interest to encourage liquidity for popular trading pairs on FKD DEX, because popular trading pairs require more liquidity and generate more trading fee revenue.
Along with Staking Pools, Yield Farms allow users the ability to generate passive income. With Yield Farms, instead of staking a protocol token like FKD as an input token in return for a reward token, users stake protocol liquidity provider tokens (in this case, FKD-LPs) as input tokens in return for FKD. Yield farming is a way to put your FKD-LP tokens to work, actively earning FKD rewards on top of the trading fees that you collect as an FKD-LP holder
As originally proposed, FKD DEX Governance is planned to revolve around our most essential long-term community members—those who hold FKD.