What is Swapz (SWAPZ) | What is SWAPZ token
In this article, we’ll discuss information about the SWAPZ project and SWAPZ token
Swapz applies the P2P principle to decentralized transactions. Our cutting-edge software negotiates a rate directly between the seller and the buyer, thereby fully eliminating slippage
Swapz — The Blockchain Agnostic, Zero Slippage DEX
The Problem
Decentralized token exchange platforms are implemented on smart contracts that operate on the principle of calculating the value in an exchange pair using the hyperbole formula. Even if you don’t know this formula, it’s still something you use every time you trade.
The cost is set on the point of a hyperbolic curve, set by the variables expressing the balances of assets in the liquidity pools.
What this elegant equation and fancy chart fail to account for is the slippage in the exchange price when you actually complete a transaction.
What does this mean in regular English? It means that that profitable trade you spotted on a chart actually happens at a different rate — one that eats right into YOUR gains.
Such slippages are determined by the number of assets in pools (the more assets, the smaller the deviation in each transaction) and arbitrage value regulators, who monitor such deviations precisely to profit from them.
Automated Market Makers (AMMs) do not provide an opportunity to trade limit orders, limiting the chance to choose the value of a transaction in order to “decentralize” the exchange process.
Essentially, when you execute a trade, slippage makes you miss out on tokens that you would have gotten otherwise. This happens either because a bot has front run you massively, or vast swathes of other traders beat you to the deal.
For years, slippage has plagued investors and traders in crypto. To put it simply, there’s been no way to avoid being taken advantage of by these bots and arbitrageurs.
But today that changes. Forever.
The Solution
SWAPZ is the definitive ZERO-SLIPPAGE DEX that transcends the traditional AMM model.
By combining distributed hash tables, realtime price feeds, and blockchain agnostic on-chain settlement, SWAPZ puts 100% of YOUR gains in YOUR wallet — where they belong.
Our decentralized exchange has a highly intuitive user interface that is simply unmatched by other DEXs. SWAPZ is perfect for traders and liquidity providers who value both security and fair market trading.
It’s so user friendly it turns newbies who’ve barely figured out how to change the network on Metamask into seasoned pros with a winning edge.
Apart from always finding the best rates, SWAPZ automatically detects common malicious code patterns and regular user error. This involves meticulous, cutting-edge testing to wipe out human error entirely from our exchange.
On SWAPZ, you are protected. Even from yourself!
There’s no other way to put it:
With SWAPZ, high slippage is history.
With no KYC, we deliver true anonymity, courtesy of true decentralization. This is DeFi as it was always meant to be. To add the cherry on top, our optimized solution also consumes way less gas than other DEXes like 1inch or 0x.
All of these advanced features and safeguards enhance an already seamless trading experience.
They are the foundation of a new kind of decentralized exchange, possibly the last kind:
The zero slippage DEX.
Welcome to SWAPZ.
The Platform
The solution to the high slippage problem is our proprietary, intelligent software that allows users to automatically and effortlessly communicate with each other on a decentralized information exchange protocol.
It’s the P2P principle, but applied to transactions.
We call it SWAPZ.
In short, the software creates a peer-to-peer information exchange network without central nodes to collect and distribute the data. Instead, data is transmitted according to the principle of a mesh network: point-to-multipoint.
Different parties can find each other in a fault-tolerant and decentralized infrastructure built on a data exchange protocol that subsequently registers each transaction in the corresponding blockchain.
The asset exchange takes place on a smart contract created by the initiator of the transaction.
It’s then possible to provide liquidity in the form of limit orders and imbue the exchange with the same kind of market mechanism that powers centralized custodian exchanges — without any of the dangers and hassle that come with centralization.
It’s the best of both worlds, brought to you by SWAPZ.
There is no need to block funds in smart contracts until the moment of the transaction.** Funds are always available.**
This mechanism makes it possible to implement a system without points of failure or the need for specific knowledge to deploy centralized interfaces to manage smart contracts and wallets.
All processes will be controlled by a wallet that will connect to smart contracts and look for other parties to transact with using the right protocol.
This is similar to the mesh-distributed protocol BitTorrent uses to find peers to exchange files on their network.
SWAPZ has a “safety-valve” that stops the assets from being debited from either of the users’ accounts until all the conditions that the transaction hinges on are fully confirmed by both parties.
At that point, the exchange will be guaranteed by the implementation of the smart contract on our blockchain.
You will almost think it’s centralized.
SWAPZ: The Ultimate DEX
Here’s what you need to know about trading on SWAPZ:
- Zero slippage puts 100% of YOUR gains in YOUR wallet.
- Human error: not on Swapz. You’re protected.
- It’s so user friendly it turns green newbies into seasoned pros.
Stop dreaming about life-changing trades.
Make them on SWAPZ.
Tokenomics
BSCPad IDO — 3% (20% at TGE, then the rest vested over 4 months)
TronPad IDO — 3% (20% at TGE, then the rest vested over 4 months)
Private Sale — 10% (15% at TGE, then the rest vested over 5 months)
Liquidity — 10% (brought into circulation as needed for AMM Listing)
Team — 10% (3 month cliff, then 12 month vesting)
Advisors — 5% (3 month cliff, then 12 month vesting)
Reserve — 5% (3 month cliff, then 12 month vesting)
Ecosystem — 8% (1 month cliff, then 12 month vesting)
Staking/Rewards — 45%
Airdrop 1% — (further details TBA)
IDO details
Public Sale Date: July 01, 2021 08:00 AM UTC
Market Capitalization: $130,000
How to participate in $SWAPZ IDO? Whitelist Form
IDO check list
How and Where to Buy SWAPZ token?
SWAPZ has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT, BNB from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy SWAPZ
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step - Transfer your cryptos to an Altcoin Exchange
Since SWAPZ is an altcoin we need to transfer our coins to an exchange that SWAPZ can be traded. Below is a list of exchanges that offers to trade SWAPZ in various market pairs, head to their websites and register for an account.
Once finished you will then need to make a BTC/ETH/USDT/BNB deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase SWAPZ from the ICO exchange: BSCpad
The top exchange for trading in SWAPZ token is currently …
Find more information SWAPZ
☞ Website ☞ Social Channel ☞ Social Channel 2 ☞ Message Board ☞ Coinmarketcap
🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
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