WapSwap Offers Something Unique

in #wapswap2 years ago

3.jpg

If you're looking for a new way to manage your money, WAPSWAP is a permissionless, transparent financial service ecosystem. Unlike other types of financial services, it works without a central authority, ensuring that you retain complete control of your assets. You interact with the ecosystem via decentralized peer-to-peer applications. You also maintain total control over your cash at all times. What's more, it drastically reduces the cost of goods and services.Unlike traditional financial services, WapSwap utilizes AMM, or the Constant-Moment Mathematical Model, to generate a pool of liquidity for users. These liquidity pools contain coins that users can trade with each other and benefit from a smart contract. With a simple setup, anyone can provide liquidity by depositing coins into a designated account. This makes financing faster and easier than ever.

About The Operation

To provide the best security to users, WAPSWAP uses the security-focused certification organization CertiK. This organization has been around for a while and performs security audits by applying formal verification technology. Furthermore, the security of transactions conducted by WapSwap is unsurpassed. Initial investors are rewarded when their recommended friends remove their WAP tokens from "Large Pools" or "Staking Pools." This allows the recommended friends to receive a portion of the earnings made by their friends.The AMM model is a mathematical formula that calculates the market cap of a cryptocurrency by comparing the price of WAP tokens with the price of the provider's liquidity. By using this mathematical model, the exchange pays liquidity providers a charge of 0.18 percent of its earnings. This allows it to pay its users with the highest security and privacy standards. The average rate of this payment is lower than the market value, but is still higher than the average.

1.jpg

WapSwap Uses AMM


The AMM system uses a proprietary method of cross-chain exchange. The network is based on a peer-to-peer system. A single user can have many accounts, each with a different currency. However, the exchange is a platform, which means that its users can trade multiple currencies on the same platform. By using this method, you can trade your WAP tokens for many different currencies.A major advantage of the ERC-20 standard is the ability to trade tokens across different blockchains. The ERC-20 standard also allows for a cross-chain exchange, which allows for trading between blockchains. The WAP token is one of the few to offer this unique feature. As long as it has the power to exchange chains, it will be one of the most efficient and secure platforms. Once listed, WapSwap is already an incredible alternative to the traditional method of sending money.

Liquidity Pools and Adding Liquidity


WAP$WAP liquidity pools allow you to provide liquidity by adding your tokens to liquidity pools or “LPs”.
When you add your token to a liquidity pool (LP), you will receive LP tokens (WAP$WAP’s version of liquidity provider tokens).
As an example, if you deposited $WAP and $BNB into a liquidity pool, you would receive WAP-BNB LP tokens.
The number of LP tokens you receive represents your portion of the WAP-BNB liquidity pool. You can also redeem your funds at any time by removing your liquidity.
Providing liquidity is not without risk, as you may be exposed to impermanent loss.
​“Simply put, impermanent loss is the difference between holding tokens in an AMM and holding them in your wallet.” - Nate Hindman​
It’s not all bad for liquidity providers as you will also be given a reward in the form of trading fees. Whenever someone trades WAP, the trader pays a 0.25% fee, of which 0.18% is added to the liquidity pool of the swap pair they traded on.
To make being a liquidity provider even more worth your while, you can also put your LP tokens to work whipping up some fresh yield on the WAP$WAP farms, while still earning your 0.18% trading fee reward.

5.jpg

Benefits Of Using WapSwap


Using the same technology, the popular WAP platform is a good example of how the technology is unique. By using the same protocol as the most popular WAP mobile phones, it allows content providers to customize their services and create unique opportunities for the users. In addition, the WAP protocol is an open protocol, meaning that it can be used by users from anywhere and in any way they want. By using a common language, people can use it to access any type of information they want.
Currently, it is only available on the ERC-20 standard, which is a protocol independent network. As long as the ERC-20 standard is implemented, WAP will work well on a variety of different networks. With a popular crypto exchange, you'll be able to sell and buy WAP without any third-party interaction. A unique way to sell or buy WAP is to sell it on popular exchanges like Coinbase or Bitmain.With a cross-chain swap, you can trade a token between two blockchains. Until now, there was no way to transfer a token directly from one blockchain to another. However, with the advent of cross-chain exchanges, this is now possible. Using a cross-chain exchange, you can even exchange the WAP token from one chain to another. It is possible because the WAP token is server less and highly encrypted.


• For More Information


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


• Authorization Proof


Bitcointalk Username: OrlickThunder
Bitcointalk Profile Link: https://bitcointalk.org/index.php?
action=profile;u=2119337;sa=summary

Telegram Username:@OrlickThunder
BSC Wallet Address:0x7AFFfD6ce45268FCe3Ae60c59ce8401Ea6eC508E

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.033
BTC 69450.75
ETH 3678.92
USDT 1.00
SBD 3.81