PocketSwap is an Ethereum & OKExChain-based DEX protocol that allows users to trustlessly swap their tokens and coins across multiple blockchains.
PocketSwap pools tokens into smart contracts and users trade against these liquidity pools. Anyone can swap tokens or add tokens to a pool to earn fees.
It obviates the need for trusted intermediaries, prioritizing decentralization, transparency, and security.

In general, 0.3%* fee is taken by the pool contract on every transaction/trade on PocketSwap. And, 0.25% of this fee is divided between the liquidity providers proportionally to their share. For example, if a user provides 50% of the pool’s liquidity, he will earn 50% of the collected fee. The remaining 0.05% of the fee will go towards the XPocket token holders, proportionally. The more tokens user holds, the bigger the reward.
XPocket project is sharing 100% of the revenue from the Pocket Swap with Liquidity Providers & POCKET token holders.

Token swaps are highly secure since they do not require funds to be held on the exchange.

Available tokens in the first version of Pocket Swap will be:
– USDT, ETH, POCKET

Listing on Pocket Swap:
XPocket team will charge a fixed fee in POCKET tokens (amount TBD) for a listing on PocketSwap. Paying a listing fee will not be the only way to get listed on Pocket Swap, the assets that pass the review of the XPocket team will be listed ahead of the queue.

Pocket Swap vs DEXs & CEXs