CherrySwap

CherrySwap is an automatic market-making protocol based on OKXChain(OKC). It adopts the mechanism of Automatic Market Maker (AMM), and its objective is to achieve self-driven liquidity creation with different functions like liquidity mining, IFO, NFT, lottery, and DAO.

The CherrySwap (CHE) token is provided by the platform. It is the governance token for its Game-Finance (GameFi), CyberCat. CyberCat is a game developed on the blockchain. Users' CyberCats go on adventures or fight with other players.

Users are able to stake LP (liquidity provider) tokens to be possibly eligible to earn CHE. LP tokens are issued to liquidity providers on a decentralized exchange (DEX) operating on an automated market maker (AMM) protocol. Additionally, CHE is utilized in the following scenarios:

• Arena: Every season, high-ranking players on the Arena leaderboards PvP (player vs. player) may be able to earn CHE rewards.
• Breeding: Players can spend CHE tokens to produce Cybercat offspring and get extra CyberCat.
• Repurchase: 30 percent of CyberCat revenue can be used to repurchase and destroy CherrySwap tokens.