WapSwap Finance is an Automated Market Marker on the Binance Smart Chain

A swap, in finance, is an agreement between two counterparties to exchange financial instruments or cash flows or payments for a specified time. Instruments can be anything but most swaps involve cash based on a notional principal amount.

This is especially the case when projects use Blockchain to raise funds, such as the Ethereum network, and then transfer tokens to their own Blockchain after the project's mainnet is launched.

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.

About

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.

Why choose us?

Open and global monetary frameworks serve for modern times as distinct options to frameworks that are clouded, tightly controlled, and held together by year-old foundations and cycles.

• WapSwap brings various advantages when compared to ordinary monetary administration.

• Distributed records containing data from almost all the exercises that have been performed on the blockchain network are shared by everyone.

• Through the use of a brilliant agreement and circulation system, sending applications or remittances becomes much easier and safer.

WAP$WAP does not rely on foundations such as banks to act as intermediaries, and courts to provide discretion. We don't have to bother with any of the delegates or referees. The code indicates the purpose of each possible debate, and clients follow orders on their assets consistently. This reduces the costs associated with giving and using these items and allows for a more friction-free financial system.

WapSwap Features

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

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

• Tagging Staking Pools: 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 earn 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 get a fee as crypto.

• AMM: Automated market maker (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.

• Standard: ERC-20 The ERC-20 presents the norm for Exchangeable Tokens, overall, they have properties that make each Token equal (in type and value) to other Tokens.

WAP$WAP can create entirely new sectors, products and financial administrations. The 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).

stake

Staking “$WAP” TOKEN involves locking up assets for participating in transaction validation on a proof-of-stake blockchain, with a financial “reward” awarded in the form of different Tokens. It offers an alternative to digital assets to generate returns in today's low or negative interest rate environment.

• Bet $WAP to get new tokens.
• You can cancel your bet at any time.
• Prizes are calculated per block.

Staking Pools:

• WAP POOL
• BNB POOL
• CAKE POOL

Please note: If you cancel the bet before 168 hours, the prize will be lost and sent to the developer's address to be burned.

Pool Liquidity and Increase Liquidity Liquidity Pool
WAP$WAP allows you to provide liquidity by adding your tokens to a liquidity pool or “LP”.

When you add your token to a liquidity pool (LP), you will receive an LP token (WAP$WAP version of the liquidity provider token). For example, if you deposit $WAP and $BNB into a liquidity pool, you will receive LP WAP-BNB tokens.

The number of LP tokens you receive represents your share of the WAP-BNB liquidity pool. You can also redeem your funds at any time by clearing your liquidity. Providing liquidity is not without risk, as you may be exposed to non-permanent losses.

Not all bad for liquidity providers as you will also be rewarded with trading fees. Whenever someone trades WAP, the trader pays a 0.25% fee, of which 0.18% is added to the liquidity pool of the swap pair they trade.

As an example:

• There are 10 WAP LP tokens representing 10 WAP tokens and 10 BNB.
• 1 WAP LP token = $1 WAP + $1 BNB.
• Someone traded 10 WAP for 10 BNB.
• Someone else is trading 10 BNB for 10 WAP.
• The WAP/BNB liquidity pool now owns 10,017 WAP and 10,017 BNB.
• Each LP token is now worth 1,00017 WAP + 1,00017 BNB.
• To make the liquidity provider more valuable for your time, you can also put your LP tokens to work setting up some new yields on the WAP$WAP farm, while still earning your 0.18% trading fee reward.

Ways of working

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

• Interact: When an opportunity is emitted, tokens are exchanged to the next chain with 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.

Tokenomics

• Chain Network: BSC, Polygon
• Token Name: WapSwap
• Ticker Token: WAP
• Initial Supply: 1,890,000 WAP
• Total Supply: 21,000,000 WAP
• New Token Emission: 0.16 per block
• Fair Launch: Yes
• BSC Chain: 0xCa896c3E72c2237D82a05e3d37b4d82a2BeD082d
• Polygon Chain: 0x43b2b8B8a391a66a133c8Ed1c180db7DfAEee66a

Token Distribution

• 91% Farming and Staking

• 7.5% liquidity for CEX and DEX

• 1% Promotion and Marketing

• Operational Cost 0.5%

• 0% Founder and Team

• Purchase Connection : https://dapp.wapswap.finance/trade

How do I connect my wallet to the WAP$WAP AMM?

To connect your wallet, you need to tap on the Connect Wallet button at the top right corner of the page. From then on, find the wallet you need to associate with WAP$WAP and snap Connect. Support the association and you're all set.

Roadmap

• 2020 December - Inception of the concept.
• 2021 January - Planning and Team Building.
• 2021 March - Beginning of platform development.
• 2021 August - Deployment on Testnet for testing the platform in Alfa and Beta Version.
• 2021 September – Get Audited by Security Partners.
• 2021 October - Launch of WAP$WAP with Swapping, Cross Chain Swapping, Farming & Staking Facilities.
• 2021 October – Aggressive Marketing Campaign launch with Bounty Campaign on BitcoinTalk
• 2021 October – Partnership Announcements with the Financial Institutions & other Defi projects of BSC.
• 2021 October – Listing of decentralized exchanges like PancakeSwap. September 2021 - Locking the Liquidity on immediate basis after public sale.
• 2021 November - New Liquidity pools will be added.
• 2021 December - New cross chain integrations for cross swapping.
• 2022 January - Strategic and Fair Launchpad for new projects.
• 2022 February - Android Wallet and IOS Wallet Development.

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For More Information:

• 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 : ciung_lee
Profile : https://bitcointalk.org/index.php?action=profile;u=2712533
BSC Wallet Address : 0xbbf45879ACDe58E653BdF0422e873Ebf03aDc491