WapSwap Tokenomics
Binance Smart Chain:
WAP$WAP is an Automated Market Maker on the Binance Smart Chain (AMM). In our approach, we offer a liquidity pool for the participants. Trading tokens using liquidity pools allows users to earn transaction fees by enabling others to trade tokens through the pools. The Binance Smart Chain has gained popularity as a consequence of its rapidity and low cost of operation.
The currency that we use is called $WAP ($WAP = $WAP), and it is denominated in dollars. DEX simplifies the process of buying and selling. You can effortlessly trade various cryptocurrencies for $WAP by using our swap and liquidity pools. To be able to trade tokens, you need a place where people can sell them.
A good example would be an exchange; however, given the rise in trading volume, exchanges such as Kraken or Coinbase face scalability issues. These exchanges have limits on the number of orders that can be placed at any given time, which diminishes liquidity and increases volatility (i.e. prices change more frequently). In contrast, WAPSwap does not have these limitations because it is decentralized and uses a pool of liquidity.
Idea about Tokenomics:
WapSwap is now burnt in the following methods as well as others:
WapSwap receives 0.05 percent of every deal that is completed.
WapSwap receives 0.5 percent of the proceeds from every cross-chain swap transaction completed on the platform.
If you unstake, harvest, or compound your crops before 168 hours (7 days) after staking, you will get 100 percent of your farming and staking pool benefits.
Every four years, 50 percent of the emissions will be lowered, until the maximum supply is reached.
WAP equivalent to 230.40 WAP each day is redirected to the lottery wallet and then burnt (It will be burned every week until we start our lottery feature).
The selling process:
Please do not sell or swap your $WAPPOS for anything else. If you sell your $WAPPOS, you will not be able to unstake your $WAP since you will need the same number of $WAPPOS in order to do this.
The $WAP you receive back in the future will be worth nothing. Therefore, it is better if you keep your WAPPOS to take advantage of any potential appreciation in value that might occur over time. However, if you would like to swap your $WAPPOS for BTC or BNB (Binance Coin), please.
Clicking on the "Connect Wallet" button in the top-right corner of the page will allow you to link your wallet to your online banking account. Once you've done so, search for the wallet you wish to use to connect to WAP$WAP and click "connect." Once you've approved the connection, you're set to go. Now that you have your $WAP, it's time to start trading!
What to do to trade tokens?
In order to trade tokens, you need a place where people can sell them. A good example would be an exchange; however, given the rise in trading volume, exchanges such as Kraken or Coinbase face scalability issues. WapSwap is constantly gaining popularity because it is an open-source, permissionless, and transparent financial service ecosystem that is available to everyone and operates without any central authority. The users would maintain full control over their assets and interact with this ecosystem through peer-to-peer (P2P), decentralized applications (dapps).
Jotting all the important points
In contrast, centralized exchanges have limitations on the number of orders that can be placed at any given time, which diminishes liquidity and increases volatility (i.e. prices change more frequently). Unlike traditional financial organizations, such as banks, WAP$WAP does not rely on institutions such as courts to offer arbitration or function as middlemen. We do not need the services of any mediators or arbitrators.
About:
Web Link: https://wapswap.finance/
Medium Link: https://wapswapfinance.medium.com/
Reddit Link: https://www.reddit.com/r/WapSwapFinance/
Twitter Link: https://twitter.com/WapSwapFinance
Whitepaper Link: https://wapswapfinance.gitbook.io/wapswap/
Twitter Link: https://t.me/WapSwapFinance
FaceBook Link: https://www.facebook.com/WapSwapFinance/
Telegram Bounty Link: https://t.me/joinchat/-YHqmWCzoUJhMGQx
Written By :
BitCoinTalk User Name: TheBitcoinBadger10
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BEP-20 (BSC) Address: 0xc1B60b1C7127387f775D94C2D7a733C24Bf39917
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