DolphinSwap will be (if delivered) a balancer type pooling system, where you can set your own weight. For example USDT / EOS - 75% / 25%
There will be 6m DOP in total, but each swap/exchange will buyback and burn a portion of DOP, pays Liquidity Providers, and 5% gooes to the umbrella DAO - the DMD holders.
The tokenomics are awesome, however, keep in mind that they need to deliver a working product first. And market it.
How-to join
It's quite easy. For mining they collaborated with defis network, an audited EOS exchange.
- go to https://dolphinswap.io/earn
- select the market pair - don't worry, you can exchange there too.
If you want to join EOS/DMD you'll need 50% of EOS for 50% worth of DMD to join the pool.
Example:
You have 10 EOS - means you need to exchange 5 EOS to DMD!
- Just click on your DMD Balance in the "Pool" view, the system will tell you automatically how many EOS it wants you to add to create a pair
- Click Deposit
That's basically all. You will farm DeFis tokens for providing liquidity there too, so that's something to consider. You can exchange their tokens directly to any other supported tokens, as a nice bonus.
Make sure to educate yourself about potential loss situations, DYOR!
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