Table of Contents
- HootDex is a decentralized swapping system and utilizes liquidity pools to create an automated market maker environment. All swapping fees take place in each individual pool, the swapping fees equal to a maximum of .25% per completed swap. Professional Retail Traders, depending on their activity, enjoy reduced fees on most liquidity pools.
- Since HootDex is built on the Pecu Novus Blockchain Network, HootDex absorbs gas fees of all PNP16 tokens that Professional Retail Traders swap and yes all swaps are on-chain.