Spot Swap

Gemnify supports exchanging stablecoins(USDC, USDT, DAI, USDe, GHO, WUSD) on the Arbitrum blockchain. Users are able to receive more tokens by swapping USDC to other tokens, or helping the protocol balance token pool and move the token towards its target weight.

Reward Bonus

Gemnify incentivizes users to balance the liquidity pool and adjust the token weight towards its target. By balancing the liquidity pool, users earn the right to receive a reward bonus, which grants them additional tokens from swaps. For example, if the DAI/USDC price is 1.0000 and a user swaps 100 USDC for DAI, they would typically receive 100 DAI (excluding fees). However, with the reward bonus, the user would receive 101 DAI.

For details of the swap cost, please refer to Swap Fee.