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Summary of LuaSwap
- LUA token is given to Liquidity Providers (LPs) as an incentive.
- Holding LUA token means having a share in the protocol’s governance.
- LUA token holders decide:
- Subsequent chains to implement LuaSwap on.
- LUA distribution to LPs in new chains.
- New token projects to support.
Introducing LuaSwap: Revolutionizing Decentralized Trading
The LUA token will be allocated to Liquidity Providers (LPs) as an incentive to foster their continued participation in the protocol. By holding the LUA token, individuals effectively hold a stake in the governance of the protocol. Notably, all LUA token holders are empowered to make decisions regarding the subsequent blockchain implementations of LuaSwap, the LUA token distribution to LPs on new chains, and the selection of new token projects to be supported by LuaSwap, among other key determinations.