Swap Introduction
Uniexchange is a permissionless decentralized exchange protocol that allows users to swap BEP-20 tokens. Swapping entails exchanging current tokens for desired tokens, minus a swap fee paid to liquidity providers. Uniexchange swaps, unlike traditional order book trades, are executed against a pool of liquidity rather than against discrete orders. Fees for liquidity providers are proportional to their committed capital.
It should be noted that using web interfaces to swap via Uniexchange may introduce additional permission structures and result in different execution behavior than using the protocol directly.