SWAAP- THE GLOBAL PAYMENT NETWORK

INTRODUCTION

There is a vast array of cryptographic assets distributed among different networks of which people choose
as stores-of-value, means of exchange or investments. There are thousands of them, spread throughout the internet,
each one with its own peculiarities, making them more, or less valuable to its users. Though, despite the wide
range of different tokens, coins, and currencies out there, it is right to say that most of them can be divided in two
main categories: stablecoins and free-floating coins.
Stablecoins are usually hard-pegged to a fiat currency of choice, mimicking its value on a 1:1 ratio,
whereas free-floating coins - or simply crypto currencies - are not hard-pegged to any fiat currency and its value
can often be directly linked to its acceptance, usage, and market demand.
But despite stablecoins and crypto currencies having their own pros and cons, both fail on serving its
users as a truly global mean of exchange, that can serve both as a democratic and unbiased currency and a reliable
source of fiat-liquidity, when required. That is the main problem we are going to address with Swaap.
We intend to align blockchain technology with a financial framework that will allow us to serve our users
with a truly global payment solution, on a very low-cost and extremely secure way, completely eliminating the
need for currency exchange and the use of financial or any other trusted third-party institutions to validate these
transactions.
Swaap will allow borderless transactions to be settled in seconds or minutes, on a purely peer-to-peer
system, using the Ethereum blockchain to validate and store all this information on an immutable and perpetual
way, making the whole e process extremely secure and transparent.

WHAY IS SWAAP??

Swaap is a global blockchain payment method that can be used by anyone everywhere. It's free-to-use open-source and decentralized. Swaap tokens-or SAPs-are supported by a variety of collateral, capital, and cash equivalents, meaning that stability is still sufficient to turn the tokens into fiat currency when you really need it. Their project aims at developing a fully universal payment mechanism utilizing blockchain technologies. They are dedicated to providing a broad variety of solutions to allow businesses and individuals to do international business.

ECOSYSTEM

As with most of other cryptos and blockchains, several different applications can be built on top of Swaap
and we intend to launch a series of official solutions that will be part of an eco-system, carrying our token on its
core. These services will be built and provided both through our company’s own initiative and through
partnerships.
One of the key-projects we intend to develop is a fully operational financial platform, which will be
similar to a digital bank, offering services such as loans, savings, current and investment accounts. We also aim to
use this platform as the main official point-of-liquidity for Swaap users, which will be able to mint, convert and
withdraw their funds on a seamless and efficient way.
Other projects that may comprise the Swaap eco-system could be: A crypto exchange, accepting fiat
currency deposits but using Swaap as its main market of exchange; A crypto margin trading app, where users
will be able to trade cryptos on a leverage and using Swaap as its main market of exchange; Swaap crypto wallet,
compatible with all major crypto currencies, with real-time exchange options from fiat to SAP and vice-versa; A
payment gateway, to offer a more comprehensive solution to merchants and professionals integrating their
business and start being paid in Swaaps.

SWAAP GOVERNANCE

Swaap Governance tokens would be used to vote on their governance pools and help determine the direction of the Swaap network. In comparison to their utility tokens, SAPGs have a set limit permitted inflation rate of 1% each year, which ensures that only 1% of the overall stock will be put into circulation annually, and the choice, whether or not to utilize this privilege, would be subject to an annual governance pool.

Their governance portal is where you can practice your voting privileges and will be able to connect with other governance partners to share and explore concerns relevant to the sustainability of this venture. The platform will be introduced and made open to the public in Q4 2021

CONCLUSION

On an environment where there a ferocious competition for users and adepts, there is no way for a new token
or coin to succeed if it does not really bring innovation and push the boundaries of the status quo, and we believe
Swaap does both. The key points of innovation being:
Collateralization Framework. We have created a truly global currency that can be used on a borderless and
unbiased way whilst still providing reliable source of liquidity in local currencies for its users. It is a whole new
approach to collateralization and a whole new concept of what is a crypto currency.
Eco-System and Intrinsic Value. By serving our users with a whole eco-system and offering different services
and solutions that are based on our technology, we are tying the value of the platform to productive and income
generating assets and companies, pushing its intrinsic value far beyond the collateral held in the liquidity pool.
Investment and Tradability. Our three-token framework allows us not to exercise hard control over the token
exchange rate, making it an attractive trading or investment instrument, as traders will be able to invest and trade
on the future valuation of the liquidity pool.
Compatibility and Reliability. Swaap runs on Ethereum, which is a very reputable and well tested blockchain
platform. It makes our token compatible with several wallets, plugins and integrators that are currently available
to the public.
FOR INFORMATION VISIT THIS SITE

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Website: https://swaap.org
Twitter: https://twitter.com/SwaapCrypto
Facebook: https://web.facebook.com/Swaap-102275471847846
Telegram Group: https://t.me/swaapcrypto
Whitepaper: https://whitepaper.swaap.org

#SWAAP #DeFi #cryptocurrency $SAP $SAPG

My author

BTT username: Shwon600
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2843257
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ETH address : 0xCa3d1b4D02D405E22cA66727862D61A33Fe29d50