FAQ
Q1: What is Gaming DEX? A1: Gaming DEX is a decentralized exchange that enables token swapping, particularly focusing on the exchange of in-game currencies and utility tokens.
Q2: What is a Smart Order Router (SOR)? A2: SOR is a tool for traders to find the best price. It provides a calculation method to find the optimal trade for a given input and output token.
Q3: What is the Anti-Trader Field (AT-Field)? A3: AT-Field is a mechanism that allows only tokens earned by playing the game to be sold. This measure is designed to limit traders' selling activity and mitigate impacts on the game's token ecosystem.
Q4: What is the DFV token? A4: DFV is the native token of Gaming DEX and DeFi Verse. The DFV token is used for a variety of purposes, including gas fees in DeFi Verse, base currency, and liquidity provision incentives.
Q5: How can I get DFV tokens? A5: DFV tokens can be obtained by either exchanging them on Gaming DEX or receiving them as incentives for providing liquidity. Also, DFV tokens may be distributed as rewards in certain governance processes.
Q6: What is a gas cost? A6: Gas cost is a fee for executing transactions and other operations on blockchain networks like Ethereum. It is paid to miners who maintain the network and confirm transactions.
Q7: How secure is Gaming DEX? A7: Gaming DEX is a decentralized platform that uses smart contracts, and its security relies on the robustness of blockchain technology and proper coding. Each smart contract is typically public, allowing anyone to verify the open-source code. However, all users should conduct transactions at their own risk and manage their risks.
Q8: How does liquidity provision work? A8: Liquidity providers contribute liquidity by depositing a pair of tokens into a pool. This allows other users to exchange that pair of tokens. Liquidity providers receive transaction fees and can also earn incentives in the form of DFV tokens.
Q9: How is the token price determined on Gaming DEX? A9: Token prices on Gaming DEX are determined by supply and demand. Each time a user exchanges a token, the price of that token fluctuates. This price is determined by the relative quantity of tokens in a specific token pair's pool.
Q10: How can I participate in the governance of DFV tokens? A10: Owners of DFV tokens can participate in the protocol's governance, which includes voting on proposals and discussing new features. Please refer to the platform's guidelines and tutorials for the specific methods of participation.
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