
Deswap (DAW)
Key data
updated $0Deswap (DAW) is a decentralized exchange (DEX) token designed to facilitate seamless and trustless crypto swaps. It powers the Deswap platform, enabling users to trade directly from their wallets without intermediaries. Think of it as the fuel for a peer-to-peer trading engine.
Frequently asked questions
What is Deswap (DAW) and how is it different?
DAW is the native token of the Deswap DEX, which focuses on gasless swaps and multi-chain support. Unlike centralized exchanges, it doesn't require KYC and lets users retain full custody of their funds.
How does Deswap's technology work?
Deswap uses automated market maker (AMM) smart contracts for trades, with liquidity provided by users. It employs cross-chain bridges to enable trading across multiple blockchains efficiently.
How is DAW's token supply managed?
DAW has a fixed maximum supply with gradual release. New tokens are primarily distributed through liquidity mining rewards and platform fee buybacks.
How can I store and use DAW tokens?
Store DAW in any Web3 wallet like MetaMask. Use it to pay trading fees at a discount, participate in governance, or provide liquidity for yield farming.