# Introducing BankSwap

**BankSwap is the first AMM/DEX on the Cronos Chain which rewards users for swapping & adding liquidity on BankSwap. BankSwap also offers low trading fees on Cronos (0.20%), making it the DEX for the community. Users will be able to swap CRC20 tokens on BankSwap at low fees and enjoy mystery vault rewards simply from interacting with BankSwap!**

{% hint style="info" %}
BankSwap focuses heavily on user experience, striving to become #CROFAM favorite DEX
{% endhint %}

## What You Can Expect From BankSwap

> **BankSwap welcomes everyone to join in and have fun while making bank!**

### User

You will have the most fun making money here on BankSwap. We offer the cheap trades compared to all other DEX on Cronos, on top of that, with every swap/adding of liquidity, you will receive **$VAULT** which can then be swapped for a **CroBank Mystery Vault** every 2 weeks.

### Project Owner

You will find the most dedicated team here at BankSwap who would help you in getting your project started. Some things we offer include **Grants, Marketing Support, Technical Support.** Any project owner who wants to get started on Cronos, reach out to us and we can see what we can work out.

## What Makes BankSwap Special?

> **BankSwap is a DEX built for the community**

### Rewards For Swapping/Adding Liquidity

BankSwap rewards users with **$VAULT** for making a swap or adding liquidity. **$VAULT** can then be exchanged for a **CroBank Mystery Vault** at the end of every week.

{% content-ref url="products/crobank-mystery-vaults" %}
[crobank-mystery-vaults](https://crobank.gitbook.io/bankswap/products/crobank-mystery-vaults)
{% endcontent-ref %}

### Lowest Trading Fees On Cronos

BankSwap offers low trading fees of **0.20%.** This guarantees you the best rates possible when swapping on BankSwap.

### Triple Rewards Farming

BankSwap offers a vault for **$BANK** holders to lock up their **$BANK** in exchange for **$veBANK**. Locked **$BANK** will still earn users USDC rewards for every buy/sell happening with **$BANK**, USDC rewards are claimable once holders $BANK unlocks. On top of that, users can then stake their **$veBANK** and earn **$BS** & **$BANK.**

## Earn On BankSwap

> **Earn $BS and other tokens for free here on BankSwap**

### Earn Rewards For Swapping

Users will receive **$VAULT** for every swap or adding of liquidity they make, for every **1 USDC** value swapped/liquidity added, users will receive **1$VAULT**, so the more you swap/add to liquidity, the more **$VAULT** you will receive!

Swap your **$VAULT** for **CroBank Mystery Vault** every 2 weeks( Rate Of Swap Depends on circulating supply of **$VAULT** for that particular round )

### **Earn $BS & $BANK Through Yield Farming**

![](https://1797490421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FrwwCkUEa8CWY1ixpR9px%2Fuploads%2FuhIuBxwDjGUGLsaO4GPk%2FBankSwap%20%24BANK%20APR%20Medium%20Banner.png?alt=media\&token=3a672712-3fc9-4a83-8bef-6db5a156cddf) ![](https://1797490421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FrwwCkUEa8CWY1ixpR9px%2Fuploads%2FOOjvZ6SmfDJp9mkljH7K%2FBankSwap%20APR%20Medium%20Banner.png?alt=media\&token=63a15ffb-fd2b-43f3-9c22-80ac2c1a2372)

Earn some pretty insane in BankSwap Farms/Pools, we offer the highest APRs out of all the other DEX on Cronos.

### Earn Up To 4 Rewards On BankSwap Vaults

![](https://1797490421-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FrwwCkUEa8CWY1ixpR9px%2Fuploads%2FIMyGHvnwVg72xQ4ngeiz%2FBankSwap%20Vaults%20Medium%20Design.png?alt=media\&token=285172d8-ac68-43e4-b9a0-c07d283f19d8)

When you lock up your **$BANK** on our BankSwap Vaults, you will receive **$veBANK**, in order to redeem your **$BANK** after the lockup is over, you will have to exchange **$veBANK** back to **$BANK**. However, during that lock-up period, you will be able to use **$veBANK** for dual rewards farming on BankSwap **( earning $BS + $BANK )**. On top of that, your locked **$BANK** will still be earning you USDC rewards based on trading volume with **$BANK**.

**The 4 rewards for locking up $BANK:**

* USDC Rewards ( From Staking **$BANK** )
* **$BS** Rewards ( From Staking **$veBANK** )
* **$BANK** Rewards ( From Staking **$veBANK** )
* USDC Rewards ( From Holding Your **$BANK** Rewards )

### Earn Trading Fees

**0.05% of all trades** go back to the liquidity providers as an incentive for them to provide liquidity on BankSwap. The trading fees given to liquidity providers are on the lower side, as we have decided to use most of the trading fees to buy back and form protocol-owned liquidity. This would allow us to provide crazy high APRs for the liquidity providers to earn from our BankSwap farms.