WapSwap — A New Cross-Chain Swapping Protocol

Natasya
3 min readDec 16, 2021

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Even though blockchain is reshaping the financial industry, the average person has a hard time grasping its complexities. Everyone can participate in global currency trading from their smartphone or tablet thanks to WAP$WAP.

In order to participate in global interactions, WAP$WAP is a decentralized platform that allows individuals, businesses, and other entities to participate. Value can be transferred across corporate and geographic boundaries by using the WAP$WAP ecosystem.

Large amounts of capital can now enter the cryptocurrency market through WapSwap, a new decentralized financial market. WapSwap is not just an exchange or broker; it is a combined liquidity product that raises funds from a variety of individuals and institutions, all using the same technology.

WAP$WAP can be used to create financial markets, products, and services. The development of financial applications in a blockchain-based ecosystem. An open source, permissionless, and transparent ecosystem of financial services with no centralized authority. A P2P application is one that does not rely on a central server (dapps). WAP$WAP does not need to rely on institutions like banks or courts to resolve disputes. In WAP$WAP, a third-party mediator is not required. When it comes to making a decision, it’s all made for you by the software. The lower costs associated with these products contribute to a more open financial system.

It’s safe to use WAP$WAP

Another two major blockchains, BSC and Polygon, have both adopted WapSwap’s $WAP coin. This new cross-chain swapping protocol may have been made possible by WapSwap. An ecosystem of financial applications resides atop the blockchain networks. DApp WapSwap runs on a distributed P2P network rather than a single computer. Trades between two parties can be completed without the involvement of a third party thanks to Smart Contracts. Assured Security and Safety The platform was audited by CertiK, an industry-recognized security expert.

One Stop for Cross Chain Swapping

Proposed in place of the current financial system is a more open one that is designed for the internet age.

WapSwap has a number of advantages over more traditional methods of money transfer.

Each and every transaction on a blockchain network is recorded in a distributed ledger, which is accessible to everyone.

To implement a financial application or product, the use of smart contracts and distributed systems makes it easier and more secure.

Referral

It’s possible to get the most out of the WAP$WAP platform. Consequently, you can pass along our referral link to your friends and reap the rewards of our referral program. Consequently Referring new players to the Farms & Staking pool is rewarded with a bonus.

The WAP$WAP referral program will work as follows:

Swimming pool on a ranch. You’ll get 5% of this friend’s profits. Invited friends’ WAP tokens can be withdrawn from the wallet of the wallet owner immediately.

Both of you will be happy with 5 WAP each from “Farms” or Staking pools if you bring a friend. For every 5 WAP you have, you will receive 0.25 WAP, or 5% of 5 WAP.

If you refer a friend, you will receive $WAP tokens for each prize. You’ll also be charged in $WAP tokens.

One for farm referrals and one for other referrals can now be kept track of separately in your account.

A stake-referral pool’s income

Referrals are an important part of our community, and we want you and your friends to benefit from it.

Tokenomics

WAP is now being deflated using the following methods:

0.05 percent of every trade is taken by WapSwap.

0.5 percent of each cross-chain exchange transaction is WapSwap’s.

Unstaked or compounded staking rewards are returned in full within the first 168 hours of staking (7 days).

A 50% reduction in emissions will be made every four years, until the maximum supply is reached.

The lottery wallet loses 230.40 WAP per day in lottery funds (It will be burned weekly until we start our lottery feature).

A manual combustion process is currently in use.

More Information :
Website : https://wapswap.finance/
Medium : https://wapswapfinance.medium.com/
Reddit : https://www.reddit.com/r/WapSwapFinance/
Telegram : https://t.me/WapSwapFinance
Twitter : https://twitter.com/WapSwapFinance
Facebook : https://www.facebook.com/WapSwapFinance/
Youtube : https://www.youtube.com/channel/UC7VKafPN8_FZANe_1jr9DLA

Writer :
Bitcointalk Username : Natasya2000

BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=3396747

BSC Address : 0x820E340003f937a3d86aAF5A2D4d4736B7Eda8a2

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