Swap

The swap function is as easy to use as any other defi protocol swap and users can choose any two index assets to swap.

Swap fee

The swap fee is a range of rates depending on whether the asset you are swapping is overweight or underweight in the MMLP pool relative to a pre-determined percentage.

The range of fee rates varies from [0.01%, 0.1%].

For example, suppose the pre-set percentage of ETH is 35% and the current total ETH position is approximately 37%. On the other hand, the pre-determined proportion of USDT is 25%, but the current USDT has a proportion of only 20%. If you use USDT to exchange ETH, this means that you are helping to rebalance the MMLP pool, so it will only charge a very small fee in such circumstances.