Exchange

ShimmerSea DEX is an Automated Market Maker (AMM) that allows users to exchange tokens on the ShimmerEVM Chain. The liquidity provided to the exchange comes from Liquidity Providers ("LPs") who stake their tokens in Liquidity Pools. In exchange, a user gets a cut of the trading fees and LP tokens that can also be staked to earn LUM and partner tokens by allocating them into one of the farms. When a user makes a token swap (trade) on the exchange, a trading fee (default is 0.3%) will be charged, which is broken down in the following way:

Distribution of Fees	Purpose
0,15% (50% of Fees)	Liquidity Provider
0,15 (50% of Fees)	LUM Buyback and Burn

To swap one token for another follow the simple instructions below:

1. Navigate in the menu to "Trade"

2. Select from and to which token you want to swap

3. Enter token amount you want to swap

4. Click "Swap" button

5. Check price impact and total fees

6. Click "Confirm Swap" button

7. Confirm transaction in wallet

8. Done