SalmonSwap is a decentralized exchange designed to balance the short-term and long-term interests of its liquidity provider community by offering persistent rewards, even after they withdraw their stakes from liquidity pools.
With SalmonSwap, liquidity providers share a proportional cut of the trading fees generated from each pool they provide liquidity to. However, unlike other AMM protocols, liquidity providers continue to receive a portion of trading fees even after withdrawing their liquidity. Each trading pair incurs a 0.3% fee, which is converted into SAL tokens and then distributed among past and present liquidity providers for each pool. Of this 0.3%, 0.25% goes to active liquidity providers, while the remaining 0.05% is converted into SAL (via SalmonSwap) and allocated to SAL token holders. This system ensures that early limited partners continue to reap long-term benefits even after withdrawing their assets.
SAL token holders must stake their tokens to benefit from the 0.05% fee distribution. Rewards will be proportional to the number of SAL tokens staked relative to the total SAL staking pool.