Web3.World

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Web3.World is a pioneering decentralized exchange (DEX) and Automated Market Maker (AMM) on the Venom blockchain, offering liquidity pooling, yield farming, and staking functionalities. As the first DEX on Venom, it supports stablecoin pairs and customizable farming rewards, enabling users to create their own farming pools and set reward tokens. The Builder section allows developers to create tokens, whereas the Vesting section assists in managing token distribution. Operating in a fully decentralized and non-custodial manner, Web3.World ensures security with immutable smart contracts and charges a standard fee of 0.3% for swaps (0.15% for stablecoin swaps). Liquidity providers benefit by earning all swapping fees, making it a flexible and innovative platform for seamless transactions and inclusive financial solutions.

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FAQ

What is Web3.World and how does it function on the Venom blockchain?

Web3.World is an advanced decentralized exchange (DEX) and Automated Market Maker (AMM) on the Venom blockchain. It allows users to securely exchange tokens through automated liquidity pools, supporting functionalities like yield farming and staking. As the first DEX on Venom, it pools liquidity from investors and supports stablecoin pairs, enabling flexible and seamless trading.

What benefits does Web3.World offer compared to other DEX platforms?

Web3.World offers several unique benefits, including being the first DEX on the Venom blockchain, which provides enhanced security and efficiency. It supports customizable farming rewards and the creation of unique farming pools, allowing users to earn through yield farming and staking. Its permissionless and immutable smart contracts ensure full decentralization, and all liquidity providers earn swapping fees.

How can users participate in yield generation on Web3.World?

Users can generate yield on Web3.World through yield farming and staking functionalities. They can create custom farming pools with desired token pairs and set farming rewards. Additionally, liquidity providers earn swapping fees from the liquidity they contribute, offering a steady yield generation opportunity. The Venom blockchain's security and efficiency further enhance these activities.

Can individual developers and corporate partners customize their token offerings on Web3.World?

Yes, Web3.World provides specific tools for developers and corporate partners. The Builder section allows individual developers and projects to create their own tokens. Corporate partners can utilize the Vesting section to calculate and set up token distribution, offering flexibility and tailored solutions for diverse token management needs on the platform.

What makes Web3.World's smart contracts reliable and secure?

Web3.World's smart contracts are permissionless and immutable, ensuring high reliability and security. This means any account can create pools without authority over the pool's assets or functionality. Once deployed, these contracts cannot be updated or deleted, maintaining robust security and decentralization. Funds are held in permissionless smart contract accounts, accessible only for specific actions, boosting overall user trust.

What are the transaction fees on Web3.World for token swaps?

Web3.World charges a standard fee of 0.3% for token swaps, with a reduced fee of 0.15% specifically for stablecoin swaps. These fees are distributed among liquidity providers as a reward for their liquidity contributions, incentivizing them to maintain and enhance the platform's liquidity pool.

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