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LokumFinance is an Automated Market Maker (AMM) - Decentralized Finance (DeFi) application that allows users to exchange tokens, provide liquidity through farming and earn fees in return.
Launched in April 2021, the LokumFinance decentralized exchange runs on the Smart Chain to exchange BEP20 tokens. LokumFinance adopts an automatic market maker model, and users trade against liquidity pools. These pools are filled by users who deposit funds into the pools and receive Liquidity Provider (LP) tokens in return. These tokens can later be used to recover their share of the pool, as well as a portion of transaction fees.
LokumFinance allows users to trade BEP20 tokens, provide liquidity to the exchange and earn fees. Earn LKM by staking LP tokens, and you can also earn more LKM by staking LKM. In addition, you can also earn tokens from other projects by staking LKM.