WapSwap - A financial application ecosystem built on top of the top blockchain network

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Hi friends, this time I will provide information about a very interesting project for you to know about a new cryptocurrency called WapSwap. Before going to the discussion, I think we all agree that blockchain technology still needs efforts to encourage adoption so that it continues to grow and continue to develop in the future. So for that, let's see a brief review of the WapSwap project below.

About

A trade is an understanding between two meetings to trade income groupings for a set period of time. Usually, at the time the agreement is entered into, no less than one of these revenue sets is determined by an irregular or questionable variable, for example, financing costs, unknown swapping scale, value charges, or warehouse costs. Theoretically, one might view trading as either a forward agreement arrangement or as a long situation in one bond combined with a short situation in another bond. Furthermore, WAP$WAP is a smart contract innovation that enables the trading of one digital currency for another without the use of a unified intermediary, such as trading.

What is WapSwap?

WAP$WAP is an Automated Market Marker on the Binance Smart Chain. We offer a liquidity pool model. Clients add token sets to the liquidity pool and earn exchange fees from others who trade their tokens using the pool. We have looked everywhere for the speed and low cost that Binane Smart Chain provides. Our cryptocurrency is called $WAP. You can definitely buy and sell them on DEX. You can also trade different tokens for $WAP using our trading pool and liquidity.

WapSwap Features

  • Pool: Liquidity The liquidity supplier (LP) adds assets to the liquidity pool. You can think of a liquidity pool as a stack of primary assets that traders can trade.

  • Swapping: Trade refers to trading one cryptocurrency that you hold for the same value of another cryptocurrency.

  • Staking Pools Marking: Pools are pools of coin holders who pool their assets to build their chances of approving boxes and earning rewards. They consolidate their tagging power and offer rewards relative to their commitment to the pool.

  • Farming: Cultivation is a method to make more crypto with your crypto. This includes you lending your assets to others through a PC program called brilliant agreement. As a trade-off for your administration, you earn a fee as crypto

    • AMM: Automated market producer (AMM) is a kind of decentralized trading convention (DEX) that relies on numerical prescriptions to value resources. Rather than utilizing demand books like conventional trading, resources are valued by approximate calculations.

    • Standards: ERC-20 ERC-20 presents the norm for Exchangeable Tokens, overall, they have the property that makes each Token be the same (in type and value) as other Tokens.

    WAP$WAP may create entirely new sectors, products and financial administrations. A monetary application biological system based on the top blockchain network. An open-source, unlicensed and direct biological financial aid system that is accessible to everyone and works without the power of focus. Clients will follow full command over their resources and interface with these biological systems via shared applications (P2P), decentralized applications (dapps).

    How it Works

    • Burning: The size of the token to be traded requires approval to move to another chain specified using the ChainSwapToChain() Event.

    • Interacting: When an opportunity is emitted, a token is swapped to the next chain by the specified number of main chains.

    • Claiming: The size of the token consumed from the main chain will require a trigger to the next chain to guarantee the token.

    • Printing: When the strategy is executed, the location of the ChainSwapClaim is displayed along with the token printing.

    image.png

    DECENTRALISED ECONOMY

WapSwap has potentially created entirely new Cross-Chain Swapping Protocol

An ecosystem of financial applications that is built on the top blockchain networks.

  • DApp WapSwap run on a P2P network of computers rather than central computer.

  • Smart Contracts Digital Agreements that intermediate the exchange of cryptocurrencies (or any other digital asset) between two parties.

  • Safe & Secure Audited by respected industry professionals like CertiK whose job it is to understand security vulnerabilities of the platform.

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Token Distribution

  • Chain Network: BSC, Polygon
  • Token Name: WapSwap
  • Token Ticker: WAP
  • Starting Supply: 1,890,000 WAP
  • Complete Supply: 21,000,000 WAP
  • New Token discharges: 0.16 per block
  • Reasonable Launch: Yes

This is what I can say in this article. If you need accurate and reliable information, you can visit their official link, which I have provided below:

Website : https://wapswap.finance/
Whitepaper : https://wapswapfinance.gitbook.io/wapswap/general-faq
Twitter : https://twitter.com/WapSwapFinance
Facebook : https://www.facebook.com/WapSwapFinance/
Telegram : http://telegramlink/
Medium : https://wapswapfinance.medium.com/
Reddit : https://www.reddit.com/r/WapSwapFinance/

Username: Iyus Gmb
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1746027

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