# Swap

## **What is Swap?**

A swap in cryptocurrency is the process of exchanging one token(fan token) for another, typically using a decentralized exchange (DEX) such as KAYEN. Swaps allow users to trade tokens directly without intermediaries, leveraging liquidity pools to facilitate these trades. 

**Transaction Fee**

KAYEN Protocol takes a 0.3% swap fee on all trades.

* 0.15% flows to KAYEN treasury
* 0.15% distributed to LPs for providing liquidity to the pool

#### **Prerequisite**

1. A MetaMask wallet or any other Web3 wallet.
2. You need to have CHZ on Chiliz Chain in your wallet for swap and the gas fee. 

### Step-by-Step Guide

1. Go to: <https://app.kayen.org/trade>

<figure><img src="https://278515331-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHYAEXjb7COsO4dFqH5tt%2Fuploads%2FtzGO2ovaGBqgg1gW4xDe%2FEkran%20Resmi%202024-10-09%2018.21.47.png?alt=media&#x26;token=18097913-6038-4f87-86af-1b0ef47bf2df" alt=""><figcaption></figcaption></figure>

2. Connect your MetaMask wallet or any Web3 wallet from the top right corner.

<figure><img src="https://278515331-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHYAEXjb7COsO4dFqH5tt%2Fuploads%2FsW6wzy4H7zMLKPnheHJh%2FEkran%20Resmi%202024-10-09%2018.23.17.png?alt=media&#x26;token=a6c93fef-417c-4caf-a4b0-975279d4c8f1" alt=""><figcaption></figcaption></figure>

2. Select the assets you want to swap.&#x20;

<figure><img src="https://278515331-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHYAEXjb7COsO4dFqH5tt%2Fuploads%2Few7v6jR339FbpWHwMwhU%2FEkran%20Resmi%202024-10-09%2018.37.48.png?alt=media&#x26;token=1def1b3a-30e6-43ef-9e2c-af6938ecba6d" alt=""><figcaption></figcaption></figure>

4. After selecting the assets you want to swap, click the "SWAP" button.

<figure><img src="https://278515331-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHYAEXjb7COsO4dFqH5tt%2Fuploads%2FryiHVXJHnqcT5xsy6zX1%2FEkran%20Resmi%202024-10-09%2018.38.46.png?alt=media&#x26;token=ae7acb86-a709-4d8c-aedd-bc2720b72f3e" alt=""><figcaption></figcaption></figure>

5. Click "CONFIRM SWAP" to continue your transaction.<br>

   <figure><img src="https://278515331-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHYAEXjb7COsO4dFqH5tt%2Fuploads%2FmJrS4izpsKVG0VgEr1n3%2FEkran%20Resmi%202024-10-09%2018.56.29.png?alt=media&#x26;token=0fd41a44-ef29-45cf-8225-b75882318112" alt=""><figcaption></figcaption></figure>
6. Click on Confirm.

   <figure><img src="https://278515331-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHYAEXjb7COsO4dFqH5tt%2Fuploads%2F4IrP7jmlALe8pktoxQBT%2FEkran%20Resmi%202024-10-09%2018.56.51.png?alt=media&#x26;token=cc69b269-3e63-48c4-9353-2a076fd38856" alt="" width="375"><figcaption></figcaption></figure>
7. Your transaction has been completed.&#x20;

<figure><img src="https://278515331-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHYAEXjb7COsO4dFqH5tt%2Fuploads%2FX9fwZse1xgMK8z2UMQpA%2FEkran%20Resmi%202024-10-09%2018.57.02.png?alt=media&#x26;token=0e8b3b59-7e45-4340-9b0e-97bcec8c49b2" alt=""><figcaption></figcaption></figure>


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