Senpai introduces a new paradigm for AMM’s: DEX owned liquidity. Built by a team of DeFi natives, it features: DEX owned liquidity. No pre-sale, ICO, or token sale of any kind. No developer/founder/team token allocation at launch. A governable treasury to further support development. Fully on-chain governance to enable decentralized control and evolution from Day 1. A fair distribution mechanism that incentivizes community members to actively take the reins of governance. Instead of renting liquidity from its users like all other AMMs do, SenpaiSwap owns its own liquidity; it achieves this through buying liquidity (SLP tokens) from users in exchange for a discounted rate on SENPAI tokens.
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