What is OneSwap? What are the Features of OneSwap?

What is OneSwap? 
OneSwap is a fully decentralized Smart Contract-based trading protocol, which introduces limit orders on the basis of DEX's permission-less token listing and automated market making, and improves user experiences via its own OneSwap Wallet. As a universal on-chain one-stop trading service platform, OneSwap can be deployed on any blockchain that supports smart contracts.

What are the features of OneSwap?
Permission-free token listing
OneSwap supports trading between tokens that meet the ERC20 standard. No listing fee nor permission needed for creating a market.

Automated market making (AMM)
Automated market making (AMM) can calculate the buying and selling price according to the formula, so as to provide continuous quotation for the market. Essentially, AMM is automatic agent and can be realized through smart contracts without human intervention. OneSwap applies the "constant product market maker formula" algorithm in AMM, which characterized in the firm liquidity provision to the market no matter how large the order book is or how small the liquidity pool is.

Order Book Mode
OneSwap supports on-chain order book. Users can place buy and sell orders at a fixed price. All pending orders are stored in the order book of the blockchain, and the system will conduct transaction matching and settlement in terms of the buying and selling orders. In this way, high security and transparency can be guaranteed. However, all operations like order placing, cancellation, etc. need to be confirmed on the chain, and the transaction speed is affected by the public chain network and the transaction fee paid.

Liquidity Incentives
OneSwap users can inject liquidity into OneSwap's trading pair capital pool with their idle digital assets and earn transaction fees as liquidity providers. Each fund pool in OneSwap has a corresponding equity token, and users who inject liquidity into the pool will receive the corresponding equity token as proof of equity to withdraw funds.

What is OneSwap Wallet？
To make itself more accessible, OneSwap has its own wallet. Through OneSwap Wallet, users can quickly access OneSwap without relying on any third-party tools. OneSwap Wallet is a perfectly decentralized wallet. It will neither store your mnemonic phrase, private key nor control your assets， which is aims to provide you with the most simple and easy-to-use service while ensuring security. 

Which tokens can can participate in Tx Fee Mining and Liquidity Mining?
The capital pool (trading pair) composed of any two tokens on the Token Whitelist is a valid trading pair. Fulfilling a transaction or adding  liquidity into these capital pools can participate in Tx Fee Mining and Liquidity Mining.