SpiritSwap is a decentralized exchange (DEX) on the Fantom Opera Chain that was launched on April 25, 2021. It operates as a constant-product automated market maker (AMM), allowing users to provide liquidity by depositing a token pair into a pool. In return, they receive LP tokens that represent their share of the pool and earn fees for every swap that occurs. Users can trade against the liquidity pool to swap tokens. Liquidity on SpiritSwap is incentivized through yield farming. Users can stake their SPIRIT-LP tokens to earn SPIRIT tokens, which are governance tokens without any inherent value. SPIRIT token holders can use these tokens to vote in the DAO on various parameters, such as emissions rates, farms to add, farm allocations, and future development. Additionally, SPIRIT token holders have the opportunity to earn revenue from the SpiritSwap protocol.