WapSwap Could Create an All-New Cross-Chain Swapping Protocol

in #wapswap2 years ago (edited)

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The blockchain-based Cross-Chain Swapping protocol known as WAPSWAP is a permissionless monetary service, which runs on a network of peer-to-peer computers rather than a central computer. Instead of centralized exchanges and intermediaries, the protocol uses smart contracts that facilitate the exchange of digital assets. This system is secure and safe, thanks to its unique code, which makes it possible for a decentralized economy.The Cross-Chain Swapping Protocol is a distributed system that allows users to exchange one currency for another. This allows users to trade any crypto-asset with another, and creates a new protocol to exchange assets. The WapSwap protocol could lead to an entirely different type of currency altogether. It is a one-stop-shop for all your cross-chain swapping needs.This P2P electronic network is backed by strong security measures. Its encryption and serverless design will prevent hackers and criminals from accessing your wallets. Additionally, it will be easier for people who are not technically savvy to trade on WapSwap from the comfort of their homes. It is possible to make more than $1000 a day trading with WAP and can develop into buying altcoins in the future.

The Technology Behind It

Once listed on CoinMarketCap, WAPSWAP is expected to achieve large trading volumes. Once it is listed on the exchange, it is expected to attract a large trading volume. The underlying technology is also a blockchain-based network that uses a distributed ledger. In addition to this, it supports other popular cryptocurrencies such as Ethereum and BTC.The WAP protocol maintains a total supply of tokens across all chains. This amount is higher than the total supply of other chains. Token holders will benefit from the activities of buying and burning MER tokens and commissions from the vault. The MER token will be used as collateral in synthetic stables, and a vote will be taken to approve new types of collateral.It has been designed for the purpose of enabling users to swap WAP tokens with other tokens. This allows users to trade with tokens that have been burned in one chain. They can also swap ERC20 based chains. By creating a hybrid blockchain that enables a cross-chain market, WapSwap aims to create a new, decentralized, cross-chain currency.The protocol is based on Ethereum's mainnet. The project has also implemented a native PSWAP token to reward liquidity providers and act as a governance and utility token. The supply of PSWAP tokens will reduce over time as the project develops. Its price is currently around $16 billion, but the community is working on ways to make it even more accessible to the public.

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Roadmap Of WapSwap

2020 DecemberInception of the concept.
2021 JanuaryPlanning and Team Building.
2021
March
Beginning of platform development.
2021
August
Deployment on Testnet for testing the platform in Alfa and Beta Version.
2021 SeptemberGet Audited by Security Partners.
2021 NovemberLaunch of WAP$WAP with Swapping, Cross Chain Swapping, Farming & Staking Facilities.
2021 NovemberAggressive Marketing Campaign launch with Bounty Campaign on BitcoinTalk
2021 NovemberPartnership Announcements with the Financial Institutions & other Defi projects of BSC.
2021 NovemberListing of decentralized exchanges like PancakeSwap. September 2021 - Locking the Liquidity on immediate basis after public sale.
2021 DecemberNew Liquidity pools will be added.
2021 DecemberNew cross chain integrations for cross swapping.
2022 JanuaryStrategic and Fair Launchpad for new projects.
2022 FebruaryAndroid Wallet and IOS Wallet Development.

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More Information About ItM

A decentralized DEX is a key element of a cryptocurrency ecosystem. By providing a decentralized platform with cross-chain capabilities, Uniswap is a decentralized derivatives exchange. In addition to Ethereum, the network also uses Uniswap to facilitate the cross-chain liquidity exchange. While this protocol does not allow for ERC-20 assets, it does support other cryptocurrencies such as ether.In addition to this, WAPSWAP is also developing a proof-of-stake platform. The platform will bridge the gap between a DEX and a CEX. This will allow investors to trade on a wider range of cryptocurrencies than before. The process will be simple and transparent. In the meantime, it will also enable new businesses to be started in the cryptocurrency industry.Its codebase is open source and anyone can contribute liquidity sources to it. Soramitsu, a Japanese blockchain developer, has already contributed to this project. Besides being an open-source project, Polkaswap also has some commercial applications. The system is used by banks and financial institutions worldwide and can be used to swap cryptocurrencies between other currencies.


✅ Website Link

Website:https://wapswap.finance/
Twitter:https://twitter.com/WapSwapFinance
Medium:https://wapswapfinance.medium.com
Telegram:https://t.me/WapSwapFinance
Reddit:https://www.reddit.com/r/WapSwapFinance/
Whitepaper:https://wapswapfinance.gitbook.io/wapswap/
Facebook: https://www.facebook.com/WapSwapFinance/


Hashtags: #wapswap #wapswapfinance #wap #blockchain #cryptocurrency #technology #bitcoin #fintech


Creator

Ethereum Username: Bere ice
Ethereum Profile Link: https://bitcointalk.org/index.php?
action=profile;u=2280593;sa=summary

Telegram Username:@Bereiceu
BSC Wallet Address:0x12d8D08Ab1054561a767e376e79d18cd093496B8

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