# TL;DR: All about LuaSwap.org

**URL:** <https://forum.viction.xyz/t/tl-dr-all-about-luaswap-org/610>\
**Category:** LuaSwap\
**Created:** [26 September 2020 06:56 UTC](https://forum.viction.xyz/t/tl-dr-all-about-luaswap-org/610 "2020-09-26T06:56:56Z")\
**Posts on this page:** 1\
**Page:** 1

<div class="post-metadata">

**Author:** ![Alex](https://dub1.discourse-cdn.com/flex005/user_avatar/forum.viction.xyz/alex/32/30_2.png) [@Alex](https://forum.viction.xyz/u/Alex)\
**Post date:** [26 September 2020 06:56 UTC](https://forum.viction.xyz/t/tl-dr-all-about-luaswap-org/610/1 "2020-09-26T06:56:56Z")

</div>

**LUASWAP CHEATSHEET**

1. Community-governed, multichain protocol supporting smaller pools of emerging tokens. No seed investment, founder’s fees, or pre-mine.

2. 0.3% of trading fees are shared with Liquidity Providers.

3. LUA is the governance token earned ONLY through providing liquidity.

4. Hard-cap: 500 million LUA. Base reward: 10 LUA/block. 10% for Treasury. All spending is voted on by LUA holders.

5. The first 8 weeks will have HYPER-INFLATION

- Rewards: 128X of base reward for 2 weeks, then halved every week until Week 8.
- 25% of earned LUA is unlocked immediately. 75% is locked for 16 weeks, then unlocked linearly every block over 1 year, starting Week 17.  
 ![Screen Shot 2020-09-25 at 14.53.24](https://europe1.discourse-cdn.com/flex005/uploads/tomochain/original/1X/41b29c717aed69fdf370860aaa069e6da440393d.png)

1. Farming starts Sept 28th, 2020 from block #10,950,600 on ETH blockchain  
New pools will be voted on & listed appro. every 3 days.  
Swapping enabled in appro. 4 weeks.

2. Future developments: Porting LuaSwap to other chains; Support leveraged trading; Improve the constant function algorithm

3. More information found here: [**Twitter**](http://twitter.com/luaswap) **|** [**Telegram**](http://t.me/luaswap) **|** [**Medium**](http://medium.com/luaswap) **|** [**Website**](http://luaswap.org)

Read full article [[HERE]](https://medium.com/luaswap/introducing-luaswap-org-7e6ff38beefc#979d) |

> [FAQ](https://docs.tomochain.com/luaswap/faq)
