mojitoswap DEX on the KCC blockchain

By estrenoscinehoy.com | It's all about crypto | 5 Jan 2022

hey mates!

Today let go to talk about a new DEX called mojitoswap on the KCC blockchain!

What is mojitoswap?

as they say:

"mojitoswap is going to be a decentralized exchange with the most comprehensive token listing, best liquidity and ROI. "

So it's a DEX as many others but it's running over the KuCoin Community blockchain or KCC, which is the most relevant for me. It's a new project, and here you can find the typical features as the regular DEXs: exchange, pool and farm features.

They want to do more things than only staking products, for example mining and lending, as they say:

"We are not just going to hold on to what we have right now, but to explore in various arenas and come up with innovative and cutting edge defi products. For instance, mining, lending and some exciting undisclosed features are coming up"

It's comunity driven:

"mojitoswap is the first community initiated and driven decentralized exchange on KCC, and will gradually become community owned through DAO."

It means mojitoswap has its own governance token MJT KEP-20 to handle the project and to give the oportunity to the community to drive the path to follow.

How is working?

Mainly you need to do an investment to get a high APR as reward. You have to buy mojitos MJT KEP-20 and put them to work, doing some staking.

"MojitoSwap is the first audited decentralized exchange that comes with Automated Market Maker AMM and a high APR. It provides users a safe environment for their assets and a place (we call them pool and bar) to potentially yield a high return".

But if the KCC blockchain use the KCS token as fuel, how can I get them?

Easy, if you have tokens on Ethereum, binance or polygon blockchain, you can send them to the KCC blockchain using a bridge. For instance you can use one of these bridges:

Connect your metamask wallet and start to exchange your token paying low fees (read more info here to setup KCC on metamask)

When you have done with the bridge, you will have some KEP-20 tokens on the KCC blockchain.At this moment you can go to the mojitoswap exchange to buy some to mojitoswap tokens MJT KEP-20 to do stake on the pools or the farms:

"The transaction fee on mojitoswap is 0.3% (0.18% for LP token, 0.08% for buyback and burning, 0.04% for MJT treasury)"

Here is the wine pools

Here is the bar farm

As you can see the APR are really good and really high, which is cool!!!

The mojito token: MJT KEP-20

The governance token on mojitoswap is the MJT token. At the moment of writing this article is worth about 2$, a good price to be a new token. To do staking you will need it and to the rewards will be payed on this token, so it's really important to keep in mind that this token is the key of all the investments on this DEX. Here is the mojitoswap financial info

Airdrops?

Yes, don't miss the activities on the app. Check it out on the telegram channel https://t.me/MojitoFinance

"Because MojitoSwap is a project driven by community, it is not going to do fundraising.
If users have completed at least 10 transactions before the height of KCC block reaches 2,080,000, they may get MJT airdrops on their Mojito home page."