Chains 
Min. safety
TVL > 100K
avg 1D
What is CherrySwap (CHE)?
CherrySwap is the automatic market-making (AMM) network and decentralized exchange (DEX) built on the OKX Chain (OKC). As an AMM consisting of liquidity pools, CherrySwap facilitates swaps (trading operations) between users. The project looks to achieve self-driven liquidity creation, and it comprises multiple DeFi (decentralized finance) services, including liquidity mining, IFO (Initial Farm Offering), an NFT marketplace, a lottery, blockchain-based games, and a decentralized autonomous organization DAO. Therefore, CherrySwap strives to provide the ultimate DeFi experience, offering user all the necessary tools to take maximum advantage of his crypto possessions. CherrySwap's native token is CHE. It has a governance function; it also serves as a medium of exchange on the DEX, and it allows one to participate in daily lottery draws as well. Liquidity contributors also receive rewards in CHE tokens. CHE tokens are also a medium of exchange on the non-fungible token market, and a way to obtain new tokens through initial farm offerings.
Who are the founders of CherrySwap (CHE)?
The project team is anonymous, which is a frequently seen phenomenon in the DeFi space. Neither the project’s website nor their socials or whitepaper reveals any information about the founders, or the development team behind CherrySwap (CHE).
What makes CherrySwap (CHE) unique?
This decentralized exchange on OKex Chain and an AMM protocol has an array of unique features that help users to maximize their passive gains. Auto CHE Pool is the smart contract where users can stake CHE tokens to earn compound interest. Yield Farms. CherrySwap provides multiple mining pools to participate in for additional crypto earnings. IFO. This is a token sales model designed for new project incubation and an option to purchase emerging tokens. When a new project needs to be supported, they can submit an IFO application to CherrySwap. After necessary due diligence , the platform will launch an IFO to raise funds with the help of the platform’s users. Cyber Cat. It is a card trading and adventure blockchain-enabled game that is based on a Metaverse concept. Players can earn revenue through their skillful playing or by contributing to the Cyber Cat ecosystem. NFT Market. It is a service of CherrySwap where users can buy the project’s non-fungible tokens as well as create and sell their own NFT artworks. Lottery. It runs once a day. Users buy lottery tickets for their CHE to have a chance to win a big crypto prize. Holder. It is a secure crypto digital asset storage solution executed entirely by smart contracts. The usage of Holder is paid, and some portions of the revenues generated by this tool are used to trigger airdrop events on the CherrySwap platform.
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