# Taraswap ($TSWAP) token

## Overview and protocol role

Taraswap is a decentralized exchange protocol that enables trading of Taraxa-based tokens. Liquidity providers can deposit asset pairs to earn trading fees, in exchange for bearing risk of losses from large price movements.

$TSWAP token holders have control over a wide range of protocol assets and parameters through the governance process. This includes the community treasury (primarily composed of $TSWAP tokens), setting fee rates for Taraswap(based on Uniswap v3), the ability to introduce new Taraswap incentive rules or changing the current ones.

## Benefits of $TSWAP

Taraswap takes a central protocol fee off trades that are not going to be claimed in the first 6 months of the protocol's lifetime.

After these fees will be claimed, they will get deposited into the $TSWAP treasury address and owners of $TSWAP tokens will get 30% of the revenue shared on a monthly basis, in $TSWAP tokens.


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# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.taraswap.info/docs/getting-started/tswap.md?ask=<question>
```

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The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.