Token swaps on SaltSwap are a simple way to trade one BEP-20 token for another via automated liquidity pools. In the backend of the exchange we are using PancakeSwap.
SaltSwap Exchange UI
The liquidity provided to the exchange comes from Liquidity Providers ("LPs") who stake their tokens in "Pools". In exchange, they get FLIP (SaltSwap Liquidity Provider) tokens, which can also be staked to earn SALT tokens in the "farm".
SaltSwap Pools UI
When you make a token swap (trade) on the exchange you will pay a 0.2% trading fee, which is broken down as follows:
0.17% - Returned to liquidity pools in the form of a fee reward for liquidity providers.