Oasis Network currently have four active DEX operating on it: YuzuSwap, DuneSwap, Oaswap and TulipSwap. Now this number is FIVE, today was launched Sahara Exchange.
Sahara Exchange launched the 8th February near 22h UTC. Sahara’s token is $ANKH with a hard cap of 500,000,000 tokens. Other than the classic swap, the DEX have other services.
Sarcophagus
The holders of $ANKH tokens can stake them in the sarcophagus, this is basically a fee sharing tool, every staker earn 1/3rd of the generated trading fees on the DEX.
There a not deposit fees on the DEX, in any pool, only withdrawal fees:
- 25% slashing fee if the user withdraws from Sahara.Exchange in the same block.
- 12% fee if the user withdraws under 1 hour.
- 6% fee if the user withdraws under 1 day.
- 3% fee if the user withdraws under 3 days.
- 1% fee if the user withdraws under 5 days.
- 0.5% fee if the user withdraws after 5 days but before 2 weeks.
- 0.25% fee if the user withdraws after 2 weeks but before 4 weeks.
- 0.01% fee if the user withdraws after 4 weeks.
Staking
Currently there are five pools available. To deposit liquidity the user will have to add liquidity in the “Pool”.
| Pair | APR |
|---|---|
| ANKH-USDT | 127,400,000% |
| ANKH-ROSE | 3,143,000% |
| ANKH-YUZU | TBD |
| ANKH-DUNE | TBD |
| ROSE-USDT | TBD |
As said before, the exchange is new and was launched only today so a lot of new stuff may come with time. Meanwhile, you can check their socials and of course, read their documentation before use.
