Defi on YokaiSWAP
YokaiSwap is a next generation interoperable, decentralized trading platform and the first to come from the Nervos network.
This DEX (Decentralized Exchange) will have AMM (Automated Market Maker) protocol integration which will be essential for priced assets to be algorithmically and efficiently swapped for user to smart contract transactions. YokaiSwap will also have Yield Farming and Staking so you can earn passive income after trading. Yokai is actually one of the first projects that received financial backing from inNervation, which is a fund created out of the CMB International and Nervos Network partnership.
SWAP：YokaiSwap lets users trade without the need to go through a Centralized Exchange. Everything you do on YokaiSwap is routed directly through your own wallet—no need to trust someone else with your coins!
Yield Farming：YokaiSwap also allows users to yield rewards on their deposited and traded assets via LP (Liquidity Provider) Token Farming. Thus, our community will be able to earn tokens while providing liquidity to the platform.
Yield Farming step-2：Select CKB/HNFT, input the amount of liquidity you want to add, and click the "Supply" button to complete the addition of LP tokens.
Yield Farming step-3：Go to the "Community Farms" page(https://www.yokaiswap.com/community-farms) and click on "Stake." Enter the amount you wish to start Yield Farming with, and once confirmed, you can wait for the Harvest rewards.
Staking：Monster Pools are the simplest way to earn free tokens on YokaiSwap.Stake on YOK, earn free tokens. It’s really that easy.