WAP$WAP
What is WAP$WAP?
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 $WAP using our trading pool and liquidity.
WapSwap Features
Liquidity Pool: Liquidity providers (LPs) add funds to the liquidity pool. You can think of a liquidity pool as a large pile of funds that traders can fight against.
Staking Pools: Staking pools are groups of coin holders who pool their resources to increase their chances of validating blocks and receiving rewards. They combine the power of their bets and distribute the prizes in proportion to their contribution to the pool.
AMM: An automated market maker (AMM) is a type of decentralized exchange protocol (DEX) that relies on mathematical formulas to determine asset prices. Instead of using an order book like a traditional exchange, assets are priced according to a pricing algorithm.
Swapping: Swap refers to the exchange of one cryptocurrency that you hold for the equivalent value of another cryptocurrency.
Farming: Farming is a way to earn more crypto with your crypto. This involves you lending your funds to someone else through the magic of computer programs called smart contracts. In return for your service, you get a fee in crypto.
ERC-20 Standard: ERC-20 introduces a standard for Exchangeable Tokens, in other words, they have properties that make each Token exactly the same (in type and value) of other Tokens.
How it works?
Burning
The size of the token to trade requires approval to move on another chain specified using the ChainSwapToChain() Event.Interact
When the opportunity is emitted, a token moves to the next chain by a specified number of main chains.Claim
The size of the token consumed from the main chain will require a trigger to the next chain to guarantee the token.Print
When the strategy is executed, the location of the ChainSwapClaim is displayed along with the token printing.
Stake
Staking “$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 $WAP to get new tokens.
- You can cancel your bet at any time.
- Prizes are calculated per block.
Staking Pools:
WAP POOL
BNB POOL
CAKE POOL
Please note: If you cancel the bet before 168 hours, the prize will be lost and sent to the developer's address to be burned.
Liquidity Pool and Increase Liquidity
The WAP$WAP liquidity pool 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.
It's 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 + $1 BNB.
- Someone traded 10 WAP for 10 BNB.
- Someone else is trading 10 BNB for 10 WAP.
- The WAP/BNB liquidity pool now has 10,017 WAP and 10,017 BNB.
- Each LP token is now worth 1,00017 WAP + 1,00017 BNB.
- To make liquidity providers more valuable to your time, you can also put your LP tokens to work setting up some new yields on WAP$WAP farms, while still earning your 0.18% trading fee reward.
Why choose us?
An open and global monetary framework works for modern times as a distinct option to a framework that is foggy, 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 of almost all the exercises that have taken place on the blockchain network are shared by everyone.
- Through the use of brilliant agreements and circulating systems, sending applications or money items has become much easier and safer.
WAP$WAP does not rely on foundations such as banks to act as intermediaries, and courts to provide discretion. We don't have to bother with any of the delegates or referees. The code indicates the purpose of any possible debate, and clients follow orders on their assets consistently. This reduces the costs associated with giving and using these items and allows for a more friction-free financial system.
Tokenomics
- Chain Network: BSC, Polygon
- Token Name: WapSwap
- Ticker Token: WAP
- Initial Supply: 1,890,000 WAP
- Total Supply: 21,000,000 WAP
- New Token Emission: 0.16 per block
- Fair Launch: Yes
- BSC Chain: 0xCa896c3E72c2237D82a05e3d37b4d82a2BeD082d
- Polygon Chain: 0x43b2b8B8a391a66a133c8Ed1c180db7DfAEee66a
Token Distribution
- 91% Farming and Staking
- 7.5% liquidity for CEX and DEX
- 1% Promotion and Marketing
- Operational Cost 0.5%
- 0% Founder and Team
Purchase Connection : https://dapp.wapswap.finance/trade
How do I connect my wallet to the WAP$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
For More Information:
Website: https://wapswap.finance/
WhitePaper : https://wapswapfinance.gitbook.io/wapswap/
Telegram Official Group : https://t.me/WapSwapFinance
Telegram Bounty Group : https://t.me/joinchat/-YHqmWCzoUJhMGQx
Medium : https://wapswapfinance.medium.com/
Reddit : https://www.reddit.com/r/WapSwapFinance/
Author:
Bitcointalk Username: Osric Caesar Nohan
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2691292
Telegram Username: https://t.me/OsricCaesarNohan
Wallet : 0x5DeA7D2B033CD377CE8410855900c342e65B2842
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