> For the complete documentation index, see [llms.txt](https://snap-3.gitbook.io/snap-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://snap-3.gitbook.io/snap-docs/welcome-to-snap.md).

# Welcome to Snap

SNAP is a decentralized exchange (DEX) built on TAC, designed to give users complete control over trading, liquidity, and governance.

SNAP combines efficient token swaps, flexible liquidity options, and vote-escrow governance into a single platform. Whether you are a trader seeking low-slippage execution, a liquidity provider aiming to maximize yield, or a long-term participant looking to shape the protocol, SNAP adapts to your goals.

#### What makes SNAP different

* Efficient swaps: Advanced routing ensures you always get the best available price.
* Flexible liquidity: Choose between classic pools for simplicity or concentrated liquidity for higher efficiency.
* Governance with impact: Lock SNAP into veSNAP to direct emissions, earn rewards, and influence the protocol’s future.
* Automation: Managed strategies take care of range placement and rebalancing so you can focus on results.

This documentation is your guide to understanding and using SNAP. It covers everything from first-time setup to advanced strategies, ensuring you have the knowledge to trade, earn, and govern with confidence.