🔁Swap

Similar to other DEXs, swaps are one of the most frequent user interactions on Megalon. The Swap feature at Megalon is designed to be user-friendly and accessible to all, regardless of their level of experience with decentralized finance (DeFi).

Behind the scenes, the Swap feature leverages zkSync's fast and secure ZKP technology to ensure that all transactions are processed quickly and securely, without the need for gas fees or long confirmation times. This is possible because zkSync aggregates multiple transactions into a single proof, reducing the load on the Ethereum network and enabling near-instant confirmations.

Fee

In this particular fee structure, a 0.25% swap fee is charged, which is broken down as follows:

• 0.05%: allocated to Megalon Treasury to pay for holders who stake MGL

• 0.2%: paid to liquidity providers

The fee structure ensures that all parties involved in the transaction are compensated for their contributions and helps to ensure the continued operation of the platform.

Overall, the Swap feature is a key part of Megalon's mission to bring the benefits of DeFi to a wider audience. By offering fast, efficient, and secure token swaps, Megalon is making it easier than ever for users to participate in the decentralized economy and take control of their own financial futures.