KsfSwap is an Decentralized Automated Market Maker (AMM), and the Exchange is at the heart of KsfSwap. KsfSwap is the new AMM on the Kucoin Community Chain.
The KsF Swap Exchange offers several features that support decentralized trading,
KsfSwap lets users trade without the need to go through a Centralized Exchange. Everything you do on KsfSwap is routed directly through your own wallet—no need to trust someone else with your coins!
The KsfSwap exchange can only operate when there's enough liquidity to support trades; if nobody wanted to sell you KCS for example, then it wouldn't matter how much you wanted to trade for some.
Providing liquidity will get you LP Tokens, which will earn you rewards in the form of trading fees for making sure there's always liquidity for the exchange to use.
Yield farming lets users that are providing liquidity earn KSF rewards by locking their LP tokens into a smart contract. The incentive is to balance out the risk of impermanent loss that comes along with locking in your liquidity.
KsfSwap Farm Offerings (KFO's)
Ksf Farm Offering is an event that lets users buy into a limited-time offer to purchase new tokens. The KFO price is usually very generous.