LuaSwap price, LUA chart, and market cap

LUA Price Statistics

LuaSwap Price Today
LuaSwap Price	$0.016661948455
Market Cap	$2,884,243
Market Cap Dominance	0.00%
Trading Volume	$9,132.83
Volume / Market Cap	0.0032
24h Low / 24h High	$0.012427326843 / $0.017654947048
7d Low / 7d High	$0.012439141517 / $0.017649362693
Market Cap Rank	#1487
All-Time High	$2.44 -99.3% Sep 29, 2020 (over 1 year)
All-Time Low	$0.004839053733 244.1% Nov 06, 2020 (over 1 year)

LUA Price Today

LuaSwap price today is $0.016661948455 with a 24-hour trading volume of $9,132.83. LUA price is down -4.2% in the last 24 hours. It has a circulating supply of 170 Million LUA coins and a total supply of 233 Million. If you are looking to buy or sell LuaSwap, FTX is currently the most active exchange.

What was the highest price for LuaSwap?

LuaSwap hit an all time high of $2.44 on Sep 29, 2020 (over 1 year).

What was the lowest price for LuaSwap?

LuaSwap had an all time low of $0.004839053733 on Nov 06, 2020 (over 1 year).

What was the 24 hour trading volume of LuaSwap?

The 24 hour trading volume of LuaSwap is $9,132.83.

Where can LuaSwap be traded?

You can trade LuaSwap on FTX, FTX, and Uniswap (v2).

What is LUA?

LUA is the governance token for LuaSwap.

How to obtain LUA?

You can purchase LUA from FTX and LuaSwap. You can find LUA trading on various centralized and decentralized cryptocurrency exchanges.

What is LUA?

luaswap tomochain ethereum dex

LuaSwap is a Decentralized Exchange (DEX) running on both Ethereum and TomoChain. Inspired by Uniswap, LuaSwap is the Automated Market Maker (AMM) based DEX built for TomoChain.

What are the fees incurred from using LuaSwap?

The swap fee is set at 0.4%, of which 0.05% goes to LUA stakers, and the remaining 0.35% goes to LPs.

What is LuaSafe?

LuaSafe is the yield farming program of LuaSwap. Users can stake LUA to receive the following revenues:

0.05% from swap fees across all pairs

0.1% from withdrawal fees for LPs withdrawing liquidity from liquidity pools.

0.5% from users withdrawing their LUA staked in LuaSafe

What is TomoChain?

TomoChain is a scalable L1 blockchain that uses an innovative consensus method called Proof of Stake Voting (PoSV).

TomoChain has low fees and a confirmation time of only two seconds. TomoChain can currently process 2000 transactions per second (TPS). Ethereum, in the meanwhile, can only support up to 15 transactions per second.

The TomoChain uses an enhanced Ethereum Virtual Machine (EVM). As such, existing Ethereum projects can port over to TomoChain with ease.

What is Proof of Stake Voting (PoSV)?

Token holders need to deposit 50,000 TOMO to become a Masternode Candidate, and users can delegate votes to any of the candidates. Masternode Candidates that received the most votes are selected to create blocks within a period, called an epoch.

Each Masternode creates blocks in a round-robin manner every two seconds and follows the double validation technique for security reinforcement. A block is finalized if 75% of the Masternodes sign it off. Masternodes that produced the blocks receive rewards, alongside the voters who voted for those Masternodes.

What is Double Validation?

When a Masternode creates a block, another randomly chosen Masternode will verify it. Double validation strengthens security, reduces forks, and makes TomoChain unique among other Proof-of-Stake-based blockchains.