Motoswap Challenges Uniswap with Fee-Sharing DEX Launch on Ethereum
Motoswap has launched its decentralized exchange (DEX) on Ethereum, introducing a novel trading model that distributes fees among liquidity providers, traders, MOTO stakers, the treasury, and MOTO buy-and-burn. This move is part of a growing trend in the EVM network landscape.
The company's founders argue that existing DEXes were built like traditional on-chain exchanges, waiting for institutional investors that never materialized, while retail traders paid fees with no benefits. In contrast, Motoswap was designed as a 'casino' where the rake is wired into contracts and pointed at players.
The launch mechanics are designed to favor creators of new tokens, who receive a 0.2% cash cut of their own token's trades without having to sell them on their own chart. This is in contrast to Uniswap v2, where deployers earn nothing and have only one way to get paid: by selling.
Motoswap's primitive solves the gap between traders and liquidity providers, treating both as participants rather than just sources of fees. The company claims this model will revolutionize the EVM landscape.