WapSwap: A New Era of One Stop for Cross Chain Swapping

in #technology3 years ago

Starting Point:

Today, I am going to discuss about a new swap project named by WapSwap. WAPSWAP is not dependent on foundations like banks to serve as go-betweens and courts to provide discretion. There is no need for any delegates or arbitrators. Each conceivable debate has a specified objective written into the code, and the customers remain in complete control of their assets at all times. This reduces expenses associated with providing and managing these services.

The details about the project:

WAP$WAP is a cryptocurrency associated with Binane sensible Chain. It provides a liquidity pool model, as well as earning dealing fees from other exchanges when selling tokens to other users. Their cryptocurrency is thought to be $WAP. You'll purchase and sell WAP$Ws on DEX, and together exchange totally different tokens for $WAP victimization our swaps and liquidity pools.

Features of WapSwap:

This platform contains below features.

Features.jpg

1. DApp:

WapSwap run on a P2P network of computers rather than central computer. The WappSwap platform is decentralized, meaning it's not owned or operated by any one entity. This makes the system more resilient to attacks and censorship by third parties such as governments and ISPs (Internet Service Providers) because no single point can be shut down without shutting down the entire system.

2. One stop for all cross-chain swapping:

It is a single platform for all your cross-chain swapping needs and it's also one of the best in terms of security and user experience. It allows you to swap coins, tokens, assets or even fiat currencies with ease. The service has some unique features such as instant deposit/withdrawals via credit card; no fees when using other services like Changelly or ShapeShift; multiple payment options including PayPal and more than 30 cryptocurrencies accepted on their platform.

Cross Chain Swapping-protocol.jpg

3. WAP Token:

WapSwap will have its own cryptocurrency, $WAP, which will be used to pay transaction fees and earn rewards from other exchanges when selling tokens to other users. The more $WAP you hold, the more dividends you earn from this model, so it is a win-win situation for both holders and investors alike.

Token Distribution 1.jpg

4. Smart Contracts:

WapSwap utilize smart contracts when exchanging WAP$Ws. These smart contracts are programmed to respond to certain conditions in order to execute the exchange. Smart contract is a computer protocol intended for use by parties capable of consenting, interacting through a digital medium, and transacting value. The function of the blockchain-based system creates trustless interactions between two or more parties without third party dependency because it removes intermediaries such as banks or lawyers from transactions that can be transparently verified on an immutable ledger with no possibility of failure due to human error.

How this company is different from others:

This company has also developed its own cryptocurrency and will be using it to pay transaction fees and earn dividends from other exchanges when selling tokens to other users. Furthermore, the company has made a big breakthrough in the field of smart contracts.

7. Roadmap:

WapSwap has put all its efforts in developing the product and ensuring that it runs as smoothly as possible. The first use case for WapSwap will be its own cryptocurrency, $WAP, which will be used to pay transaction fees and earn dividends from other exchanges when selling tokens to other users. Furthermore, the company has made a big breakthrough in the field of smart contracts.

Roadmap.jpg

Last talk:

WapSwap is a unique cryptocurrency exchange. The company has done a great job in making the concept of blockchain-based exchange work better. The company is looking for investors and partners to help them realize their goals and bring this cryptocurrency exchange to the world. This is a great chance for the investors to make a great return on investment.

Official info:

Website: https://wapswap.finance/
Whitepaper: https://wapswapfinance.gitbook.io/wapswap/
Roadmap: https://wapswapfinance.gitbook.io/wapswap/roadmap
Tokenomics: https://wapswapfinance.gitbook.io/wapswap/tokenomics
Telegram: https://t.me/WapSwapFinance
Launch App: https://dapp.wapswap.finance/
Reddit: https://www.reddit.com/r/WapSwapFinance/
Twitter: https://twitter.com/WapSwapFinance
Facebook: https://www.facebook.com/WapSwapFinance/

Publisher:

Bitcointalk username: PlumBank
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2304368;sa=summary
Telegram Username: @PlumBank
Binance Smart Chain wallet address: 0x800E24AB959303B90778a18207Fe810c07bd0b32

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