Introduction to Wolrd of Exchange - A product of World of Xpilar

in #steem6 months ago

World of Exchange is a product that was born a year ago and now we are at a final phase of implementation . There were many ideas we discussed in between and finally decided and started building something that will bring a lot of positive changes to our beloved chains .

What is WOX (World of Xchange) ?

World of Xchange is basically a pancakeswap fork on tron blockchain with added features . Not limiting to only Liquidity pools , farms and swap as we have planned a lot more than what PCS has to offer . There are still a lot of work to complete but we would love to shill this to our community .

We need not explain what pancakeswap is as we dont wanna make this post long and boring so please grab the link and read more about PCS here

DeFi Redefined ?

As Tron is one of the cheapest blockchain in this Domain, we decided to use TRON . Apart from what PCS has to offer , we have different Steroid Ideas that could redefine different Products of Defi in a single product line . Features we will provide are listed as below .

  • Liquidity Pool
  • Instant Swap
  • Yeild Farming
  • Smart Contract Deployment (Contract as a service)
  • Cross Chain Bridges for Wrapped Tokens
  • DAO (OHM Forked Rebasing Token)

Liquidity Pool : As we all know LQ Pool is a crowdsourced pool of cryptocurrencies or tokens locked in a smart contract that is used to facilitate trades between the assets and LQ providers will earn certain percentages on every trade . Unlike SunSwap Where majority of pool are paired with TRX , our LQ Pool's can be customized as per users requirement where yeild can be modified as per contract .

Instant Swap : Instantly Swap between Two Tokens even if the pair is not created in the Pool . WOX will automatically decide best route to Swap tokens . For example if a pair is for TRX/STEEM but you want to swap Directly WOX/STEEM our system will Decide Which route to go and Auto Swap tokens from TRX/WOX and then TRX/STEEM saving your double swap fees and time .

Yeild Farming : This is a Native PanCakeSwap or UniSwap Feature customized where Yeilds Farms can be created on Custom APY and LP Tokens can be staked to Earn WOX Tokens.

Smart Contract Deployment : You can use our System Directly to build predefined Customized Smart Contracts Hassle Free and never worry about it . Call in Tron and Execute is steem (Isn't That Awesome)

Cross Chain Bridges for Wrapped Tokens : Unlike Other DeFi where basically you need Chain Native Token/Coin to use the DEX , we shall offer Cross Chain Bridges where you can directly Deposit Coins Like BTC , LTC , STEEM to our System and get a wrapped token which shall be pegged to that specific coin , directly usable in World Of Xchange , without any further Exchanges .

DAO : DAO is an OHM Steroid on Tron where you can stake WOX token to recieve sWOX (Staked WOX) token that will give you Compounding Yeilds Every Epoch (8 Hours) and auto Compounding . Unlike other OHM forks where many rug pulls have happend because of treasury not being backed by any Assets except Pooled MIM tokens , Our Treasury will be backed By Fees generated by Yeilds,Liquidity,Swap Fees and Rewards generated by other services on our system which will automatically add to Treasury Contract and give you Insanely High Yeilds and Runway time. If you havent heard of OHM Forks please follow the link here

PRESALE OF WOX TOKENS

To be fully Operational from Day 1 we would require massive amount of Liquidity to fill our TRX/WOX and WOX/wSTEEM (Wrapped Steem) so that users can instanly start using our servcies , we have decided to do a IEO on SunSwap. There are two ways you can obtain WOX Tokens.

Buy them on Discounted Price

Its super easy to buy WOX Tokens as it is easily avilable on SunSwap .

To Buy WOX tokens please use the below guide

Note : Make Sure you Have TRX in your wallet and tronlink is unlocked

  • Goto sunSwap.com and click on swap.
  • In the Swap Window Select TRX in the From Section and in the to section dropdown paste the contract address i.e (TAs52oeyrRaeWwLEGNtf1PtpbQct4brM6o) it will reflect as WOX .
  • Fill in the desired TRX Amount you want to purchase for and click swap and you will have WOX in your Wallet .

EARN TRX and WOX By Providing Liquidity to the Pair.

On the same page you will see a pool option . Click on the pool Option and then Click Add Liquidity . Select TRX in the First Field and in the second input dropdown paste our Contract Address. Fill in the required amount of TRX and then add Liquidity .
Note: To add Liquidity you need to hold WOX Tokens First.

Please Feel Free to Contact us in our Discord Server if you have any Confusions regarding Byuing , Pooling , Project RoadMap or if you need any info about the project .

Note : Please make sure you are on sunswap V1 while trading or adding Liquidity

Please join our telegram channel for instant updates .

Join our Discord for Discussion and other things related to WOX

This post has already been shared by @xpilar and this is a repost from the original account

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The beginning of a great story 🖐️ 😊

i see you still don't hold any wox tokens yet ..they are still cheap
hop on already

I still don't understand how this can be done. Google translator completely confused me ... I'm ready to jump on the footboard of this tram))

please DM the100 on discord and he can guide you through .. maybe after that you can write a post on your own language for other people to understand as well ..

unfortunately, I do not know very well the terminology of programmers (walkers) and do not always understand what they wanted to say. If I can figure it out, I will definitely create a post in Russian on this topic.

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Thanks, that's nice @penyaircyber

thanks for following

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