YFDAI SafeSwap is open for Applications!
Within mere months, DeFi has already become one of the crypto space’s most innovative fields. The emergence of DeFi has opened the gates to a new world of banking and financial services with decentralization at the helm of its foundation. The best part of DeFi is that it’s open to serve virtually anyone with little more than just an internet connection. While the future of DeFi is incredibly promising, new innovations don’t go without their growing pains. With the onslaught of regular news reporting of hacks, scams, and protocol exploits, the DeFi space has largely been regarded as a virtual minefield, leaving investors exposed, exploited, and at risk.
How can we put an end to the corruption that has attached itself to the DeFi space?
Fortunately, the minefield environment that is plaguing DeFi has come to an end. YFDAI is happy to announce the new era of DeFi investing has come thanks to YFDAI’s new premier SafeSwap exchange! The SafeSwap decentralized exchange will combine the best in decentralization with the best standards of the cryptocurrency industry to transform crypto and set a new tone for DeFi investing.
What is SafeSwap?
SafeSwap is a decentralized exchange that functions as a fork of UniSwap. SafeSwap takes an intuitive approach as it will be the first full suite decentralized exchange where users can invest without worry. The SafeSwap decentralized exchange is an initiative aimed at making DeFi trading simple and secure by only listing audited projects that meet strict criteria in quality, security, and transparency.
For the first time in DeFi history, investors will have peace of mind knowing SafeSwap lists only top-quality projects that commit to the best practices in the space. Some of the qualifying factors SafeSwap requires include but are not limited to, pre-locking tokens, pre-locking liquidity, and passing protocol and smart contract audits.
The Problem with Centralized Exchanges
Centralized exchanges have largely been responsible for being investor’s first gateway into crypto and helping to propel its growth. Like any company, centralized cryptocurrency exchanges come and go in popularity, liquidity, and users. While centralized exchanges are usually a common choice for investors, much of the common themes between cryptocurrency exchanges are its deficiencies. The history of cryptocurrency isn’t complete without the jagged history of centralized exchanges. Since their inception, centralized exchanges have been hit with countless hacks resulting in astronomical losses in company and investor capital. Adding to this is the fact that exchanges can blacklist citizens of certain countries at any time with little time to prepare. This results in some customers having to rush to get their funds out or even their funds being locked within the exchange. Centralized exchanges can even pause withdrawals and deposits at any time with little warning causing huge inconveniences to users.
Decentralized exchanges like SafeSwap puts the people in control of their own assets. Users can buy and trade with ease, safety, and security providing they practice safe methods and are wary of the scams that lurk in decentralized exchanges.
Why Choose SafeSwap over other Dexes?
A recent report from Coindesk found that decentralized exchange volume topped a massive $23.6 billion in September. The exponential growth seen in Dex trading volume has signaled a substantial shift to decentralized exchanges, tools, and services.
While there exist many decentralized exchanges, UniSwap is the most popular and is responsible for the majority of the volume found in Dexes. What all UniSwap users are warned about however is the amount of scam projects and imitation coin scams that exist on the platform. This means fraudulent actors can list their scams at any time including imitation coins that appear the same as legitimate projects. This naturally presents an enormous issue for investors as well as the DeFi space. While UniSwap has played a pivotal role in popularizing DeFi, it lacks the innovation required to take DeFi to its fullest potential.
SafeSwap’s approach at DeFi is very unique in that it operates like UniSwap but incorporates a community-driven approach with decentralization in mind when vetting and listing projects that operate at the highest standards.
Given the fact SafeSwap’s release comes during DeFi’s infancy gearing towards a potential roaring bull market means that it’s positioned perfectly to both capture, and contribute to the coming parabolic growth.
SafeSwap Exclusive Services
SafeSwap doesn’t just add the best security in the space, it confirms the legitimacy of the projects that it lists. Projects that are granted listing naturally acquire a symbol of prestige and professionalism that will speak for itself and be acknowledged by investors.
Acquiring industry prestige is just the tip of the iceberg for projects that list on SafeSwap. Adding to the status of being listed are the exclusive marketing benefits that come with listing on the SafeSwap exchange.
The perks projects get when listing on SafeSwap are unmatched! When projects list on the SafeSwap exchange, they receive unparalleled coverage\:
- Promotion on a monthly listing update hosted by BitBoy Crypto with 148,000 followers (1–2 min short overview of the project and where to buy).
- Promotion on a monthly listing update hosted by WendyO with 14,600 followers (1–2 min short overview of the project and where to buy).
- Promotion on a monthly listing update hosted by New Kids On The Blockchain with 12,000 followers (1–2 min short overview of the project and where to buy).
- Listing promotion in over 20 crypto Telegram groups with over 1.6 million members.
- Access to YFDAI’s vast influencer network and other 3rd parties for additional marketing where required.
- Listing retweeted by YFDAI’s vast sphere of crypto influencers — some of the biggest in the industry.
- Designed farming and staking capabilities for your token (promotes and incentivizes holders of any amount).
- 8 placements on the SafeSwap hourly advertising banner.
The problem with other exchanges whether centralized or decentralized is that newly listed projects often get lost in a sea of other existing projects and are given no further benefit aside from listing. In regards to decentralized exchanges, newly listed projects share the space with an uncountable number of scam projects and future scams that could very well try to imitate your project. With SafeSwap, your project isn’t just listed with the very best, your project also benefits from the cocktail of perks exclusive only to YFDAI’s SafeSwap exchange, positioning your project in the best light in any market condition.
YFDAI Global SalesForce
YFDAI has set aside an initial sum of $50,000 to be used to compensate anyone from the community, or outside the community who brings a project to SafeSwap that meets YFDAI’s and lists. Successful salespersons will be rewarded with the sum of $500 USD payable in YF-DAI tokens along with 10 percent of the tokens provided by the project ($500 Max) once the project lists on SafeSwap.
Salespersons will be provided with tools to use in recruiting new start up projects to YFDAI’s SafeSwap platform.
This highly anticipated release signals a new era for the YFDAI project. We look forward to establishing an environment that hosts legitimate projects of the highest caliber. From this day forward, crypto will finally have the secure ecosystem it has desperately needed for reaching its highest potential.
As supporters of YFDAI and DeFi, you too can be rewarded for being a part of this endeavor.
Join the YFDAI Global sales team today. https://t.me/YFDAIGlobalSalesSupport
Watch the SafeSwap Promo video here:
View the SafeSwap Pitch Deck here:
https://yfdai.finance/images/Pdf/Safe%20Swap%20PitchDeck%2028%20nov.pdf
View the Global Sales team Pitch Deck here:
https://yfdai.finance/images/Pdf/SafeSwap%20Global%20Sales%20Deck.pdf
View the SafeSwap Application form here:
https://yfdai.finance/images/Pdf/SafeSwap_Application_Form.pdf
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