> For the complete documentation index, see [llms.txt](https://whitepaper.iskra.world/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepaper.iskra.world/service/iskra-platform/decentralized-exchange-dex.md). # Decentralized Exchange(DEX) ### **What is DEX?** DEX is a decentralized exchange service provided by Iskra, where you can exchange game tokens for $ISK or other tokens, and vice versa. ### **Token Exchange** On Iskra DEX, all game tokens supported by Iskra platform can be traded. Because the Iskra Hub chain is like the IBC (Inter-Blockchain Communication) chain of the Cosmos in our ecosystem, DEX is a core service of our platform. DEX is where you can purchase game assets, swap them for assets of another game, or monetize them. Like most DEXs, Iskra DEX charges swap fees, which will be shared with the liquidity providers and the community in accordance with the community reward policy. ### **Liquidity Pools** Iskra DEX supports AMM-based decentralized exchanges. To this end, There are liquidity pools of exchangeable token pairs. Anyone can participate as a liquidity provider(LP) by supplying these token pairs to the liquidity pool. The role of liquidity providers in DEX is very important because low liquidity can cause rapid fluctuations in token value. Therefore, Iskra will reward liquidity providers with an 83.33% of all DEX swap fees and high level of Contribution Points(CPs) compared to other platform activities to incentivize community members to supply liquidity. In addition to this, game studios that list game tokens on the Iskra DEX also are going to provide various benefits such as game assets to liquidity providers to maintain sufficient liquidity. *Note: Implementation schedule, technical details are subject to change. Please refer to the latest Roadmap and check back for updates.* --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## 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, and the optional `goal` query parameter: ``` GET https://whitepaper.iskra.world/service/iskra-platform/decentralized-exchange-dex.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. 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.