Monster Swap Launch Announcement: NINKY-XPLA

INO-Lucy
Idle Ninja Online
2 min readNov 1, 2023

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OFFICIAL ANNOUNCEMENT: Monster Swap Launched!

MonsterSwap is the first decentralized exchange on the XPLA chain based on the concept of a concentrated liquidity market maker (CLMM). Its system is similar to the Uniswap V3. Through this exchange, swaps between various assets within the XPLA ecosystem can occur at the most optimal rates, enabling ecosystem participants to efficiently utilize their assets when providing liquidity. The MonsterSwap team is driven by the following objectives.

Step-by-step guide:

Step 1: Go to MonsterSwap

Link: https://www.monsterswap.org/

Step 2: Connect your Metamask wallet

  • You’ll need to change the Network from Ethereum to XPLA mainnet (how to do that here).

Network Name : XPLA Mainnet

RPC URL : https://dimension-evm-rpc.xpla.dev/

Chain ID : 37

Symbol : XPLA

Step 3: Have enough XPLA to cover gas fees!

Step 4: Swap Tokens or Provide Liquidity in the pool you want!

Supported Trading Pairs at Launch

  • XPLA/NINKY
  • XPLA/mUSDC

Fee Structure

In MonsterSwap, with each swap that occurs, a predetermined fee percentage is collected as a transaction fee from the pool where the swap took place. Different fee percentages will be set depending on the type of token pair. For pools involving stablecoins or assets pegged to each other, a 0.01% fee rate will be applied, while for token pairs with no price correlation, fee pools with rates of 0.05%, 0.3%, and 1% will be created.

Check out our MonsterSwap Docs for more information!

Find us on:
Official Webpage | Discord | Twitter | Telegram

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