UBISwap is a decentralized trading platform operating on the Huobi Eco-Chain, aimed at addressing the risk of permanent losses for LPs. Simply put, UBISwap embodies the core principle of UBI (Universal Basic Income) by compensating liquidity providers through taxing profitable traders, thereby offsetting the impermanent loss that leads to reverse depletion in liquidity mining.
The UBISwap Token (UBS) is the token issued within UBISwap, and the value of UBS is directly correlated with UBISwaps trading volume.
