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Netswap Exchange

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About Netswap Exchange

Netswap is a decentralized exchange (DEX) on the Metis Andromeda Layer2 network, offering fast, low-cost token swaps. Built on an AMM model like Uniswap V2, it enables users to trade, provide liquidity, and earn rewards. Liquidity providers earn a 0.25% swap fee, while yield farming offers additional incentives. Staking NETT tokens unlocks exclusive benefits, including access to new token launches via the Netswap Launchpad. With a community-driven approach, Netswap enhances DeFi accessibility, efficiency, and fairness.

Netswap is a decentralized exchange platform built exclusively for the Metis Andromeda Layer 2 network, delivering lightning-fast, low-cost, and secure DeFi trading. As the first native DEX on Metis, Netswap positions itself as the premier platform for users to swap tokens, earn yield, stake crypto, and participate in IDOs with ease.


With a commitment to simplicity and innovation, Netswap eliminates complex onboarding processes by offering gas-efficient, one-click DeFi experiences. It empowers crypto users and liquidity providers by distributing rewards through yield farms, liquidity pools, staking programs, and exclusive access to its Launchpad V2. Built for the future of decentralized finance, Netswap is shaping the foundation of the Metis ecosystem through community-driven governance and a frictionless Web3 UX.

Netswap is a feature-rich, decentralized trading platform uniquely designed for the Metis Layer2 ecosystem. It brings together critical DeFi primitives—like automated market making (AMM), liquidity farming, staking mechanisms, and IDO participation—into a seamless interface with ultra-low gas fees and blazing-fast transaction speeds. The platform’s smart contract infrastructure is forked from Uniswap V2 and tailored for the high-throughput performance of Metis Andromeda.


The heart of Netswap is its Swap module, allowing users to instantly exchange tokens with minimal fees and delays. Liquidity providers earn 0.25% of all trading fees by depositing token pairs into pools, while users can lock LP tokens into farms to earn additional yield in the form of $NETT and other token rewards. Netswap’s staking suite includes multiple options: basic staking for rewards, veNETT staking for governance and boosted APRs, and wNETT staking to access Netswap’s robust Launchpad V2 system.


One of the standout features of Netswap is its Launchpad V2, a tiered IDO system that gives users allocation rights based on how much wNETT they hold. This model ensures fair participation in token launches across Primary and Unlimited tiers, and uses wNETT as a non-transferable ticket that’s earned through staking. IDO models are transparently structured with real-time refunds, overflow multipliers, and clear limits per wallet and campaign.


Unlike generalized DEXs like Uniswap or PancakeSwap, Netswap focuses exclusively on supporting the Metis-native community and ecosystem projects. This strategic alignment allows for concentrated liquidity, reduced impermanent loss risks, and community-led growth models through NETT governance. The platform also provides integrations with major bridges like Synapse, Celer, and Relay Chain, ensuring seamless onboarding from Ethereum, BNB Chain, and other L1s to Metis.

Netswap offers a comprehensive suite of DeFi tools and opportunities that benefit both casual users and advanced yield farmers:


  • Lightning-Fast Swaps: Powered by Metis Andromeda Layer2, Netswap enables near-instant token swaps with gas fees just a fraction of those on Layer1.
  • Liquidity Provision Rewards: Provide token pairs to liquidity pools and earn a share of 0.25% trading fees automatically distributed to LP holders.
  • Advanced Yield Farming: Stake LP tokens into farms to earn $NETT, enjoy bonus APRs, and migrate to Boost Farms using veNETT for higher returns.
  • Multi-Tiered Staking Options: Choose between veNETT for governance and boosted APRs, wNETT for Launchpad access, or StakingRewards for earning exotic tokens.
  • Launchpad V2 Access: Participate in tier-based IDO events by staking NETT to accrue wNETT. Get early access to Metis-native project launches with transparent allocations.
  • Token Bridging Support: Onboard to Metis using top bridge partners like Synapse, Relay Chain, Multichain, and Celer to start trading on Netswap instantly.
  • Community-Led Governance: Vote on key proposals that influence liquidity mining, new listings, and future protocol changes using your staked veNETT.
  • Emission Reduction Model: The platform's smart incentive design includes staged emission reductions to protect long-term token value and sustainability.

Getting started with Netswap is fast and frictionless, especially if you’re already active in the Metis Layer2 ecosystem:


  • Step 1: Connect to Metis Network: Add Metis Andromeda to your wallet with Chain ID 1088 and RPC URL: https://andromeda.metis.io/?owner=1088. Use Netswap’s Bridge panel to move assets from Ethereum, BNB Chain, Polygon, and others.
  • Step 2: Swap Tokens: Use the Swap page to instantly trade Metis, NETT, stablecoins, or any supported token on Metis. Confirm the trade in your wallet.
  • Step 3: Add Liquidity: Navigate to the Pool page, select a token pair, and deposit equal values to receive LP tokens and earn swap fees.
  • Step 4: Start Farming: Stake your LP tokens into Farms to earn $NETT. Choose from single, double, or boosted farms with optional veNETT staking for bonus yield.
  • Step 5: Stake NETT: Visit the Stake page to earn wNETT (for IDOs), veNETT (for governance), or explore the StakingRewards pools for third-party token incentives.
  • Step 6: Participate in Launchpad: Stake NETT to accrue wNETT. Then use it to deposit stablecoins into ongoing IDOs on Launchpad V2. Wait for the launch to receive tokens and any potential refunds.
  • Step 7: Explore Analytics & Governance: Check your wallet’s LP positions and APRs on the Analytics page. Submit or vote on governance proposals to shape Netswap’s future.
  • Need Help? Access full tutorials, FAQs, and support via Netswap’s official documentation.
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Netswap Exchange FAQ

  • wNETT is a non-transferable token used exclusively as a participation ticket for Netswap’s Launchpad V2. By staking your NETT tokens into the wNETT pool, you accrue wNETT over time. 100 wNETT typically unlocks a $600 allocation in the first IDO, though ratios may vary per event. This system ensures fair access to token launches without relying on gas wars or whitelists. To begin earning wNETT, go to the Launchpad section and stake your NETT tokens. Your accrued wNETT will be visible in your wallet and can be used at any time to participate in new events.

  • Netswap is deployed on the Metis Andromeda Layer2 network, which is optimized for high throughput and low latency. Unlike Layer1 DEXs, trades on Netswap are confirmed in seconds with gas fees costing just a few cents. This is achieved through Metis’ rollup technology and the efficient EVM compatibility it offers. Users benefit from fast, low-cost DeFi transactions without compromising security, making Netswap an ideal platform for everyday crypto trading and yield farming.

  • Each staking option on Netswap serves a unique purpose. Staking into wNETT lets you participate in IDO events on the Launchpad by accruing wNETT tokens. veNETT staking boosts your rewards in select yield farms and grants governance voting power. StakingRewards is a flexible staking pool where you can stake NETT to earn a variety of partner tokens. These pools serve different strategies—IDO access, farm optimization, or diversified reward earning—and you can participate in one or more depending on your goals.

  • Netswap has implemented a multi-stage emission reduction plan to manage NETT token inflation and preserve its long-term value. Originally, the liquidity mining emissions were set high to bootstrap adoption, but emissions have since been reduced significantly (e.g., from 81,000+ to 4,500 NETT/day). This approach mirrors models used by platforms like Uniswap. As emissions decline, token scarcity increases, which supports price stability and sustainable rewards. Long-term participants benefit from reduced inflation while continuing to earn through veNETT boosts and Launchpad engagement.

  • Yes, while traditional yield farming involves providing liquidity and earning LP tokens, Netswap also offers staking-only options. For example, you can stake NETT directly into StakingRewards to earn other tokens, or stake for wNETT or veNETT to participate in launchpads and governance, respectively. Additionally, some Boost Farms offer higher rewards when veNETT is held—even if your LP contribution is small. This provides flexibility for users who want passive yield without complex LP management.

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