# What is XDC Swaps?

Learn about the latest XDC Swaps and staking platform on the XDC Network

XDC Swaps is a decentralized exchange that is built on the Xinfin Network for XRC20. It allows the community to Swap & Earn inside secured pools. It also allows users to add farms and stake.

BLKZ is our native cryptocurrency that is used throughout XDCSwaps and related BlocksWorkz projects.

### **Tiny Gas Fees**

Swap crypto tokens in seconds. XDCSwaps runs on the XDC Network, The Gas-fees on the XinFin\* network(XRC20) average at a fraction of 1 USD.

### Decentralized

You can trade directly from your XDCPay wallet, Metamask Wallet and D'Cent Wallet. The liquidity and fees are paid out to liquidity pool owners.

### **Swapping/Trading**

XDCSwaps enables users to trade on our system without having to go through a central exchange. Easily swap between different XRC-20 tokens at the most competitive rates.

### **Staking**

XDC Staking and BLKZ Staking have different APRs, which are:

* XDC - 5%
* BLKZ - 20%
* Option to Harvest tokens daily

New staking options will be available in the future.

### **Add Pool**

When a user trades, part of their transaction fee is added to the Liquidity Pool of the particular swap that they chose to trade. The fees collected then gets distributed to the Liquidity pool. You will only be able to swap tokens if there is enough liquidity, otherwise it may be impossible to do. When you provide liquidity, you will get Liquidity Pool tokens. The number of tokens you receive depends on your portion of the Liquidity Pool. This ensures you to earn rewards in trading fees.

### **Farms**

Farming lets users that are providing liquidity earn BLKZ rewards by locking their Liquidity Pool tokens into a smart contract. This is to balance out any risk of impermanent loss.&#x20;

### **Calculating Farm Based Reward APR** <a href="#calculating-farm-base-reward-apr" id="calculating-farm-base-reward-apr"></a>

The Farm Base APR is calculated to the farm multiplier and the liquidity in the farm - this totals the amount of BLKZ / XDC given to the farm.

The community farming receive BLKZ / XDC for providing liquidity.

### **Ownership**

XDCSwaps developed, managed and owned by BlocksWorkz Ltd which is a registered UK Company. Other BlocksWorkz products include XDCNFT, SuperBullsNFT, SponsorCrypto.com and Wallet Rewards. BlocksWorkz design, build and deliver awesome blockchain projects. Transparency is key in everything we do and we will of course be speaking regularly to our stakeholders throughout the launch of XDCSwaps and from there on in.

{% hint style="info" %}
**Note:** XDC Swaps is only available on the XDC Network. More details of the XDC network can be found here <https://xinfin.org/>
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# How to Swap

Learn how to swap XRC-20 on the XDC Network

### **Swap**

Go to the home page and click 'Swap' on the top left hand side then highlight swap near the top middle of the page. On the left hand side, choose your coin from the drop down list you are swapping from and enter your amount, on the right hand side choose from the list to the coin you are swapping to.&#x20;

The figures will automatically appear. The Minimum received, Price Impact and Liquidity Provider Fee will be listed. Click approve 'token name' then Click Swap and a new page will open, click confirm swap and this may take you to your wallet provider to confirm. This is now complete.

![](/files/zHsVWrCvSjT2R8xvdHrT)

### **Liquidity**

Go to the home page and click 'Swap' on the top left hand side then highlight Liquidity near the top middle of the page. On the left hand side, choose your coin from the drop down list in which tokens you would like to add for the liquidity pair. Input Section A amount of liquidity, and do the same for Section B and this will give you a conversion rate against the pair.&#x20;

The conversions will automatically appear below. Then once happy click Supply Liquidity and this may take you to your wallet provider to confirm. This is now complete.

![](/files/jguW6h5MDHid0wq3ICTZ)


# Add Pool

### **Swap**

Go to the home page and click 'Add pool' the top left hand side then highlight swap near the top middle of the page.&#x20;

On the left hand side, choose your coin from the drop down list you are choosing from and enter your amount, on the right hand side choose from the list to the coin you are exchanging to. The figures will automatically appear. The Minimum received, Price Impact and Liquidity Provider Fee will be listed. Click Swap and a new page will open, click confirm swap and this may take you to your wallet provider to confirm.

### **Liquidity (Add Pool)**

Go to the home page and click 'Swap' on the top left hand side then highlight Liquidity near the top middle of the page. On the left hand side, choose your coin from the drop down list in which tokens you would like to add for the liquidity pair. Input Section A amount of liquidity, and do the same for Section B and this will give you a conversion rate against the pair. The conversions will automatically appear below. Then once happy click Supply Liquidity and this may take you to your wallet provider to confirm. This is now complete.


# Stake

Go to the home page and click 'Stake' the top left hand side then 'Active' near the top middle of the page.&#x20;

Currently, there's two options to stake - One to earn BLKZ and one to earn XDC.

For Blkz - 20% returns per year

For XDC - 5% returns per year

You will be able to check the pool size for each token available to stake when viewing the farming home page.

Enable contract on your chosen pool which will allow XDCSwaps to understand the level of token you wish to stake. Confirm your amount and you will have staked into the available pool. You are able to withdraw your staked tokens at anytime as LP payment tokens from the pools are generated daily. This will now be complete.


# Farms

**Active**

Go to the home page and click 'Farms' the top left hand side then 'Active' near the top middle of the page.&#x20;

Currently, there's two options to stake - One to earn BLKZ and one to earn XDC.

For BLKZ - 20% returns per year

For XDC - 5% returns per year

You will be able to check the pool size for each token available to stake when viewing the farming home page.

Enable contract on your chosen pool which will allow XDCSwaps to understand the level of token you wish to stake. Confirm your amount and you will have staked into the available pool. You are able to withdraw your staked tokens at anytime as LP payment tokens from the pools are generated daily. This will now be complete.


# XDCSwaps

{% hint style="info" %}

{% endhint %}

XDC Swaps is a decentralized exchange that is built on the Xinfin Network for XRC20. It allows the community to Swap & Earn inside secured pools. It also allows users to add farms and stake.

BLKZ is our native cryptocurrency that is used throughout XDCSwaps.&#x20;

**Tiny Gas Fees**

Swap crypto tokens in seconds. XDCSwaps runs on the XDC Network, The Gas-fees on the XinFin\* network(XRC20) average at a fraction of 1 USD.

#### Decentralized

You can trade directly from your XDCPay wallet, Metamask Wallet and D'Cent Wallet.

**Swapping/Trading**

XDCSwaps enables users to trade on our system without having to go through a central exchange. XDCSwaps is owned by Blocksworkz Ltd, a registered UK Company who have already successfully delivered a number of XDC projects.

**Staking**

XDC Staking and BLKZ Staking have different APRs, which are:

* XDC - 5%
* BLKZ - 20%
* Option to Harvest tokens daily

**Add Pool**

When a user trades, part of their transaction fee is added to the Liquidity pool of the particular swap that they chose to trade. The fees collected then gets distributed to the Liquidity pool. You will only be able to swap tokens if there is enough liquidity, otherwise it may be impossible to do. When you provide liquidity, you will get Liquidity Pool tokens. The number of tokens you receive depends on your portion of the Liquidity Pool. This ensures you to earn rewards in trading fees.

**Farms**

Farming lets users that are providing liquidity earn BLKZ rewards by locking their Liquidity Pool tokens into a smart contract. This is to balance out any risk of impermanent loss.&#x20;

**Calculating Farm Based Reward APR**

The Farm Base APR is calculated to the farm multiplier and the liquidity in the farm - this totals the amount of BLKZ / XDC given to the farm.

The community farming receive BLKZ / XDC for providing liquidity.

**Ownership**

BLKZ is owned by Blocksworkz Ltd which is a registered UK Company. Blocksworkz owns XDCNFT, SuperBullsNFT, SponsorCrypto and Wallet Rewards. Blocksworkz design, build and deliver awesome blockchain projects. Transparency is key in everything we do and we will of course be speaking regularly to our stakeholders throughout the launch of XDCSwaps and from there on in.


# Terms and Conditions

XDCSwaps is a product which is part of DØP3 Club NFT, a Multi-Chain NFT Project minting exclusive collections across every major blockchain.

Whilst using XDCSwaps you agree that you will not violate any law, contract, intellectual property or other third-party right, and that you are solely responsible for your conduct and content, while accessing or using the Service. You also agree that you will not:

* Use or attempt to use another user’s Account without authorisation from such user;
* Pose as another person or institution
* Access XDCSwaps from a different blockchain address if we have already blocked any blockchain set to you from any Blocksworkz project
* Spamming the page in anyway whatsoever
* Use any browser extension that is not authorised by XDCSwaps
* Reverse engineer, duplicate, decompile, disassemble, or decode any aspect of the Service, or do anything that might discover source code or bypass or circumvent measures employed to prevent or limit access to any service, area, or code of the Service;
* Sell or resell the Service or attempt to bypass any XDCSwaps fee systems;
* Use the Service or data collected from our Service to advertise in any marketing whatsoever
* Use the Service to launder money, for terrorist activity or to make ill gotten gains
* Use the Service to carry out any financial activities subject to registration or licensing, including but not limited to creating, selling, or buying securities, commodities, options, or debt instruments;
* Use the Service to engage in fraud or other manipulative activity
* Use the Service for any illegal purposes whatsoever
* Ensure any profits are subject of Tax or/and any other Government payments in the country you reside in


# Risk Disclosure Policy

This document must be read as it outlines the use and risk of using XDCSwaps.

XDCSwaps is a decentralized project that users can use to trade and stake XRC-20 tokens. Your use of the XDCSwaps Protocol involves risks, involving losses due to the fluctuation of token prices. Before using the XDCSwaps Protocol, you should DYOR (do your own research) to ensure you know how XDCSwaps works. You are responsible for doing your own diligence to ensure you're fully aware how this works.

A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they are generally not issued by any central authority.

**Regulatory Landscape**

DØP3 Club NFT now owns and runs XDCSwaps and Blocksworkz.\
BlocksWorkz was originally an organisation with the team based in the UK, according to the Bank of England, since cryptocurrencies lack classical definitional characteristics, they are not considered ‘money’ and do not pose a systemic risk to the stability of the banking ecosystem. However, because the legal consequences, regulations, and status of crypto assets and currencies can change depending on their nature, type, and usage, the Financial Conduct Authority (FCA) and the Bank of England have issued a range of warnings and guidance about the use of cryptocurrency in the UK. Those warnings concern the absence of regulatory and monetary protection, the status of cryptocurrencies as stores of value, and on the dangers of speculative trading and volatility. It is down to the user to familiarise theirselves with the laws of the country they reside in or whey they are located in at the time of using XDCSwaps. Cryptocurrencies face an uncertain regulatory landscape in many authorities. Many jurisdictions are currently reviewing their own Cryptocurrency laws and the user of XDCSwaps should constantly be aware of any changes. Laws and regulations may change the price of Cryptocurrency and users of XDCSwaps need to be aware of this. There is no guarantee that a person or a business who accepts a cryptocurrency as payment today will continue to do so in the future.

Anyone Investing into Cryptocurrency should make sufficient research into the legitimateness of each individual Cryptocurrency before investing.

Trading in Cryptocurrency involves trading against very experienced traders across the world, users of XDCSwaps need to be aware of this before looking to trade on our platform.

**Technology risks**

Effective development and deployment of XDCSwaps require the identification and addressing of a list of technological risks and challenges. The list includes privacy of data and transactions on the blockchain, security risks, performance-related limitations of the underlying blockchain platform, and integration-related issues with other systems.

**Cybersecurity**

Within Cryptocurrency, there's large cybersecurity risks with related wallets or on exchanges which may include hacking. Any keys to the access of your wallet should be kept private at all times. A cybersecurity event now matter how big or small could have an impact on a price on one or more related Cryptocurrency.

**Access risks**

There's risks of web/mobile trading technology such as latency in prices given and other problems such as connectivity including poor Wifi signal or poor Data signal which may differ on the rates initially shown. The price on the XDCSwaps is an indication and may not necessary reflect the actual price at the time. XDCSwaps is not responsible for any changes in price of any tokens. Not all features may necessary be available when of XDCSwaps when using a mobile device.&#x20;

XDCSwaps may require in the future for users to install and possibly download updates to ensure the smooth running of XDCSwaps. If this isn't done, there is risk the application may not work correctly.

**Security Issues**

If any security issues are identified it's vitally important to email <xdcswaps@blocksworkz.com> outlining a full description of the issues at hand.

We will look to reply swiftly getting to the root cause of any issues.

XDCSwaps are not responsible for:

* Phishing and Scam attacks
* Social Engineering attacks
* UI and UX bugs
* Error messages

\*The term 'XDCSwaps' is a product owned by DØP3 Club NFT\*<br>


