What is Chainswap Swap (TOKEN) | What is Chainswap token| What is Chainswap Swap token

In this article, we’ll discuss information about the Chainswap Swap project and TOKEN token

About ChainSwap

ChainSwap is a cross-chain asset bridge & application hub for smart chains. ChainSwap allows projects to seamlessly bridge between ETH, BSC and HECO. In the future ChainSwap will be integrating chains and provide full cross-chain solutions between BTC, DOT, SOL and more.

ChainSwap $TOKEN Public Sale and Airdrop Details

After announcing the success in closing our strategic round with the backing of top-tier institutions, we are excited to announce the details of ChainSwap public sale and Airdrop for AntiMatter ($MATTER) holders.

ChainSwap is launching its own native token with the ticker $TOKEN at the end of April. The public sale is going to be a multi-platform event happening on several platforms simultaneously.

Public Sale details

ChainSwap is introducing the** world’s first Uniswap Liquidity Bootstrapping Event, a new public offering model created by ChainSwap.**

More information about this innovative Uniswap LBP will be published in a separate article.

In addition to the Uniswap LBP, TOKEN is going to have a multi-platform initial offering. The IDO platforms are as follows:

  • Initial Twitter offering (MASK) (ITO — Initial Twitter Offering)
  • Helmet insurance offering (IIO — Initial Insurance Offering)
  • WeStarter — (IDO — Initial Oversubscribe Offering)
  • SolStarter — (Initial Delayed Offering — Late May)

TOKEN airdrop details for MATTER holders

As promised, 1% of the TOKEN total supply (This is 25% of initial circulating supply) will be airdropped in the form of token options redeemable for TOKEN on the BSC blockchain after listening to our communities feedback on gas fees. The airdrop will be claimable from the ChainSwap website.

Parties eligible for TOKEN Airdrop include:

  • MATTER/ETH LP holders and farmers,
  • MATTER holders,
  • OptionRoom COURT farmers
  • and ChainSwap users

More information will be published in the upcoming week.

TOKEN, the mechanics

The ChainSwap token TOKEN serves as a tool to facilitate platform governance and boost platform utility.

TOKEN utilities will include:

  • Node staking for ChainSwap nodes (Building and securing the ChainSwap smart chain that is cross-chain by default)
  • Asset staking rewards (Providing asset liquidity — the hub)
  • ChainSwap, Application Swap and The ChainSwap Hub fees used to buyback TOKEN
  • ChainSwap fee system
  • ChainSwap liquidity and usage incentivization

More utility will be added and adjusted along the road. Token economics is a dynamic subject that evolves with the project development and product usage.

  • Protocol Rewards: 50%, emission schedule will be published closer to launch
  • Foundation: 10%, one year cliff 25% vested every 3 months
  • Strategic Contributors: 20%, 10% initial then 10% vested per month
  • Public Sale: 1%, 100% unlocked. This amount might vary depending on the Uniswap LBP amount, more details will be published closer to the TGE.
  • Team: 10%, one year cliff 25% vested every 3 months
  • Airdrop: 1%, fully unlocked
  • Liquidity: 8%, fully unlocked on TGE, used for exchange liquidity

An update on the recent development work and soft roadmap:

  • Permission-less token on-boarding will be launched in the upcoming week. This will allow anyone to list and make tokens cross-chain with a few clicks.
  • Liquidity provision cross-chain bridge solution. This solution enables major tokens deployment on ChainSwap (USDT, BUSD…) including tokens existing on multiple chains.
  • Adding more chains to ChainSwap. The first groups of chains we are planning to on-board are xDAI, Polygon, AVAX and Fantom.

Step by step guide on how to participate in ChainSwap’s Uniswap LBP

Step 1: Enter: https://exchange.chainswap.com/ or Uniswap (You will get a better TOKEN price on https://exchange.chainswap.com/)

Click on the purple “Token” icon:

Click on the purple “Token” icon

Step 2: You will see the following interface. Click on Participate

Step 3: Enter the amount of TOKEN you want to purchase

Step 4: Congratulations, you have now purchased and received TOKEN in your wallet. You can participate as many times as you want.

Would you like to earn TOKEN right now! ☞ CLICK HERE

How and Where to Buy TOKEN ?

TOKEN is now live on the Ethereum mainnet. The token address for TOKEN is 0x3B73c1B2ea59835cbfcADade5462b6aB630D9890. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.

Just be sure you have enough ETH in your wallet to cover the transaction fees.

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.

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)…

SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step

You need a wallet address to Connect to Uniswap Decentralized Exchange, we use Metamask wallet

If you don’t have a Metamask wallet, read this article and follow the steps

What is Metamask wallet | How to Create a wallet and Use

Next step

Connect Metamask wallet to Uniswap Decentralized Exchange and Buy TOKEN

Contract: 0x3B73c1B2ea59835cbfcADade5462b6aB630D9890

Read more: What is Uniswap | Beginner’s Guide on How to Use Uniswap

The top exchange for trading in TOKEN is currently 

There are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once TOKEN gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Top exchanges for token-coin trading. Follow instructions and make unlimited money

https://www.binance.com
 ☞ https://www.bittrex.com
 ☞ https://www.poloniex.com
 ☞ https://www.bitfinex.com
 ☞ https://www.huobi.com

Find more information TOKEN

WebsiteWebsite 2ExplorerExplorer 2Source CodeSocial ChannelSocial Channel 2Social Channel 3Message BoardCoinmarketcap

🔺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.

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What You Should Know Before Investing in Cryptocurrency - For Beginner

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I hope this post will help you. Don’t forget to leave a like, comment and sharing it with others. Thank you!

#blockchain #bitcoin #token #chainswap swap

What is Chainswap Swap (TOKEN) | What is Chainswap token| What is Chainswap Swap token
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