Forest Financial
  • 🏠Home
  • FUNDAMENTALS
    • πŸ“£Introduction
    • 🌱(Re)forestation
    • πŸ”οΈEcosystem
    • πŸ’°Tokenomics
    • ↩️Swap mechanic
    • 🌳$FOREST Token
    • 🌲YieldTree
    • 🌍Planet Forest
    • 🏒Forester HQ
    • πŸŽ‹$ROOTS Token
    • πŸ—ΊοΈRoadmap
  • NFTs
    • 🟒Core NFTs
    • πŸ‘·β™‚ Forester NFTs
    • πŸ’šEvergreen NFTs
  • EXTRAS
    • 🌟Affiliate program
    • 🎁Lottery
    • βœ’οΈContracts
  • FUTURE UTILITY
    • πŸ“–Forest Academy
    • πŸͺForest Marketplace
  • OTHER
    • πŸ‘‹Meet the team
    • πŸ’΅Fees
    • πŸ›‘οΈSecurity
    • 🀝Partners
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  1. FUNDAMENTALS

Swap mechanic

Projects are continuously innovating and release new products on the daily. Our contribution is the Planet Forest internal swap. This system allows for investors to swap their $FOREST to other internal ecosystem coins, and even coins of partners.

In effect, we are partially taking over limited functionalities of a DEX. When swapping coins, expect to see a similar fee as existing DEX websites such as TraderJoe. The benefit of building an in-house swap mechanic is that we can take a percentage of these fees and re-invest them into the ecosystem, while the rest goes to the Avalanche Network as gas.

The gas fee is 0.3%, and we add another 0.1% to send towards our main treasury.

When swapping coins with partners, this lets us add special benefits and discounts that make swapping through Forest Financial an interesting decision.

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Last updated 2 years ago

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