OneSwap DAO Token ONESPrice $ 0.00412

Based on the permissionless listing of DEX, OneSwap, an on-chain one-stop trading service platform, draws on good practices of the AMM projects, and introduces the on-chain order book on the basis of the CFMM model to improve the trading experience for AMM users. The combination of the CFMM model and the on-chain order book not only provides users with a familiar way of trading limit orders, but also enhances the liquidity of digital assets. OneSwap is committed to solving the transaction and liquidity issues of long-tail tokens while ensuring security and decentralization using DEX. In addition, with the help of the well-designed interactive interface and one-click currency issuance tools in the OneSwap Wallet that comes with the platform, it provides users with a one-stop trading experience.

ONES is a deflationary token. According to the OneSwap whitepaper, 40% of the transaction fees generated in the swap and transactions will be used to repurchase and burn ONES, and the ONES will be automatically repurchased and burned through the BuyBack. On-chain governance of OneSwap is realized through proposals and community voting. Users with a sufficient number of ONES (more than 1% of the total tokens) can initiate proposals, and any user who holds ONES can vote for or against the proposal.