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description: Coming Soon!
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# Introduce

## **UFOSwap Overview**

Hello Earthians!&#x20;

Welcome abroad, the UFO, to the planet Klaytn. The UFO will soon depart for the planet Klaytn.

In UFOSwap, you can acquire $UFO (UFO Token) through farm and staking and utilize NFTs to increase the rate of return in farm and staking.

* UFOSwap is a new Yield Farming platform that has not been experienced in Klaytn, where Yield Farming and NFTs can be used to boost returns.
* It doesn't just end with simple NFT minting, but NFTs can be utilized in several ways (e.g., purchasing, selling, Yield Farming Booster, etc.).
* The governance token of UFOSwap, $UFO (UFOSwap Token), is utilized for the UFOSwap ecosystem.

## **UFOSwap Design**

The NFT ecosystem has received a lot of attention these days. While many projects have begun incorporating NFTs into their platforms, most NFTs still have little or no functionality beyond collectibles. Only some platforms issue NFTs and then later merge them to the platforms.

UFOSwap Team is a DeFi Service that combines NFT and DEX. Combining the DeFi ecosystem and the NFT ecosystem improves the reward mechanism, and higher rewards are provided to users who utilize it. We expect that UFOSwap will be an easy-to-use and profitable DEX for users in the Klaytn ecosystem. UFOSwap will bring life to the quiet Klaytn ecosystem once again.

The Klaytn series has NFTs with sufficient collectible and useful values ​​that have never been seen before. If DEX takes advantage of it, it will be attractive enough for many people to use.

## **How to Participate in UFOSwap**

There are three ways to participate in UFOSwap.

1. 👨‍💼 **Trader**: UFOSwap is a decentralized exchange (DEX). Traders can safely trade cryptocurrencies using the swap functions of UFOSwap.
2. 👨‍🌾 **Reaper**: The liquidity supply allows you to receive trading fees and $UFOs as rewards.
3. 👨‍🎨 **NFT Collector**: You can trade between users with UFOSwap's own NFT. In addition, NFTs can be used for rewards, in addition to simply holding.

