ONI (ONI)

What Is ONI exchange (ONI)? ONI exchange is an automated market maker (AMM) — a decentralized finance (DeFi) - a NFT market application that allows users to exchange tokens, providing liquidity via farming and earning fees in return. To learn more about this project, check out our whitepaper HERE. It launched in April 25th 2021 and is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. ONI exchange uses an automated market maker model where users trade against a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return. These tokens can later be used to reclaim their share of the pool, as well as a portion of the trading fees. These LP tokens are known as FLIP. ONI exchange also allows users to farm additional tokens such as ONI. On the farm, users can deposit LP tokens and get rewarded with ONI. ONI exchange allows users to trade BEP20 tokens, provide liquidity to the exchange and earn fees, stake LP tokens to earn ONI, stake ONI to earn more ONI and stake ONI to earn tokens of other projects.