💡Token Swaps

Token swaps on SummitX are a simple way to trade one token for another via automated liquidity pools on Basecamp Network, Ethereum, and also with market makers when trading tokens on Basecamp Network and Ethereum.

When you make a token swap (trade) on the Basecamp Network SummitX Exchange, you will pay trading fees according to the type of liquidity pool your trade is being routed through. You may check the route details by clicking the magnifier icon on the “Route” section.

For Exchange V3 liquidity pools, there are currently four different fee tiers: 0.01%, 0.05%, 0.25%, and 1%.

For Exchange V2 liquidity pools, a fixed 0.25% trading fee is applied, which is broken down as follows:

• 0.17% - Returned to Liquidity Pools in the form of a fee reward for liquidity providers.

• 0.08% - Sent to the Protocol Treasury.

NOTE: SUMMITX TOKEN HAS NOT BEEN DEPLOYED YET; AVOID SIMILARLY NAMED TOKENS.