FAQs
Core Features & Functionality
Q: What is OroSwap? A: OroSwap is the first AI-powered decentralized exchange (DEX) on ZIGChain, offering seamless token swaps, concentrated liquidity market making (CLMM), and AI-driven trading automation.
Q: How does OroSwap work? A: OroSwap enables users to swap tokens, provide liquidity, and stake assets through a non-custodial platform. It utilizes AI-powered smart routing for optimal trade execution and supports advanced liquidity management.
Q: What is CLMM, and how does it benefit liquidity providers? A: CLMM (Concentrated Liquidity Market Making) allows liquidity providers to allocate assets within specific price ranges, optimizing capital efficiency and earning higher fees compared to traditional AMM models.
Q: How does AI improve my trading experience on OroSwap? A: AI helps optimize swaps by identifying the best trading routes, analyzing liquidity depth, and assisting users in making data-driven decisions through conversational AI commands.
Q: Is OroSwap compatible with other blockchains? A: Yes, OroSwap will integrate Inter-Blockchain Communication (IBC) for cross-chain interoperability, enabling seamless asset transfers between supported networks.
Earning & Participation
Q: How can I provide liquidity on OroSwap? A: Users can provide liquidity through both CLMM (by selecting price ranges) and standard AMM pools (full-range liquidity). In return, they earn a share of trading fees.
Q: What are multi-farms, and how do they work? A: Multi-farms allow a single liquidity pool to have multiple staking opportunities. Users can stake LP tokens from AMM pools to earn farming rewards while still earning swap fees.
Q: How are yield farming rewards distributed? A: Rewards are distributed in ORO tokens or partner project tokens, depending on the farm. Staked liquidity positions in CLMM automatically earn farming rewards.
Q: What is the ORO token used for? A: ORO is the native token of OroSwap, used for governance participation, liquidity mining rewards, and incentivizing users.
Q: Will OroSwap have a community points system? A: Yes, users earn engagement points by trading, providing liquidity, and staking. These points will later be redeemable for rewards, including token allocations and exclusive NFTs.
Security, Access & Updates
Q: Is OroSwap non-custodial? A: Yes, OroSwap is fully non-custodial, meaning users retain full control over their assets at all times.
Q: How does OroSwap ensure security? A: The platform undergoes rigorous smart contract audits by top-tier security firms, along with continuous security monitoring.
Q: Will OroSwap implement KYC? A: No, OroSwap does not require KYC for users. However, access may be restricted in OFAC-sanctioned regions.
Q: What fees does OroSwap charge? A: OroSwap charges standard swap fees and a percentage of farming rewards. The AI-powered swap routing optimizes for minimal fees.
Q: How do I stay updated on new features and roadmap progress? A: Follow our official channels on X (Twitter), Telegram, and our blog for the latest updates on features, partnerships, and roadmap milestones.
For more information, visit the OroSwap website.