# Welcome to ZonoSwap

![Zonoswap : DAO+DEX built on Binance Smart Chain](https://2899438136-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MlUSl-BtBO29tPs14U_%2Fuploads%2FD5xeJbrlae3gQr3RdGuX%2FZono%20gitbook.png?alt=media\&token=e0e53443-f021-4074-8fea-4da23d812b38)

## ZONOSWAP : **A decentralized exchange built on the Binance Smart Chain with swapping, staking + farming features, and partnerships with promising crypto projetcs and NFT marketplace.**

### **Zonoswap is a Decentralized exchange**

There are two kinds of exchanges — Centralized and Decentralized. A centralized exchange is managed by a regulatory body whereas a decentralized exchange is managed by a Smart Contract that runs on computer codes.

### **Built on Binance Smart Chain**

Binance Smart Chain, that recently branded to BNB Chain is the blockchain system on which Zonoswap is built.

### **Swap feature**

Zonoswap enables swapping of your Zono coins i.e you can buy or exchange cryptocurrency with cryptocurrency. Zonoswap currently favours 3 pairs of Cryptocurrency — ZONO-BNB, BNB-BUSD, ZONO-BUSD for trading.

### **Stake feature**

Staking is simply holding your Zono tokens with Zonoswap and earning rewards on your tokens. Our rewards APR or Annual Percentage Rate started at an all time high of 200+% and has been consistent at above 30% (at the time of writing this article).

### **Farm feature**

Farming in cryptotrading is when you hold your crypto tokens in an exchange to reap rewards. At Zonoswap, we provide LP farming i.e you can provide equivalent number of ZONO-BNB or ZONO-BUSD tokens to reap rewards. The current reward APR is more than 2000%. The pairs available for LP farming at Zonoswap are — ZONO-BNB, ZONO-BUSD and BNB-BUSD. \
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**NEW PARTNER POOLS ARE BEING ADDED FREQUENTLY. WATCH OUT THE ZONO POOLS PAGE AND ZONOSWAP SOCIAL CHANNELS ANNOUNCEMENTS FOR THE SAME.** 

### **Why Zonoswap?**

If you have some idea about swaps, and how they work, and have used swap platforms like Uniswap and Pancakeswap, you might ask this question — Why should I use Zonoswap?

Well, here’s why -

* Zonoswap has **low transaction fee** since it is built on Binance Smart Chain - a blockchain with much lower transaction costs than Ethereum or Bitcoin.
* DAO DeX **reduces price manipulation** while you maintain a **complete control of your assets.**
* Fast and quick transactions.
* **HIGH APR** for **staking Zono** tokens.
* **LP token farming** has the best **APR rates for Farms**.
* Easy to use **UI**.
* **Video tutorials** on staking and farming available.
* A very **active Telegram group** that responds quickly.