Juggernaut Partners With BurgerSwap!
We are thrilled to announce our new partnership with BurgerSwap, the first democratic decentralized exchange, and AMM where users set the rules!
Built on the Binance Smart Chain, it offers a similar but improved experience compared to Uniswap. Users of BurgerSwap can actually vote to change the parameters of the exchange, including trading fees, staking rewards, mining speed, etc. It offers fewer fees and faster transactions as well.
This new partnership is composed of two initial objectives:
- Cross-chain Token Bridge
- BSC-JGN Liquidity Pool
To jumpstart this partnership, Juggernaut will start a liquidity pool of BSC-JGN on BurgerSwap. Users will be able to stake BSC-JGN tokens and receive rewards. More information coming soon.
We are very excited about the potential innovations that we can do together in the near future!
BurgerSwap emphasizes the concept of a “democratized decentralized exchange”, which means that governance is not optional but mandatory. The users make the rules!
They believe that the majority of the governance models in the DeFi space don’t apply real governance, as these models heavily rely on coders to change the contracts. BurgerSwap is the people’s exchange and its parameter are directly determined by the people.
Users of BurgerSwap can actually vote to change the parameters of the exchange, including trading fees, staking rewards, mining speed, etc. And what’s more, users can only get staking rewards if they participate in the voting!
BurgerSwap is the very first Uniswap-like application launched on Binance Smart Chain.
There are some obvious reasons to choose Binance Smart Chain over Ethereum and other major public chains.
- Speed and trading fees: while Ethereum Gas prices have soared to absurd heights, dragging transaction speed to unacceptable levels, Binance Smart Chain applies fixed ultra-low transaction fees, as low as 1 cent with a 3 second block time.
- Adoption: Binance has built one of the largest cryptocurrency ecosystems and is preparing to make its way into DeFi. BurgerSwap will cater to a large audience of Binance users who want to participate in DeFi and governance.
- Ease of use: Binance Smart Chain comes with an Ethereum Virtual Machine-compatible environment, which allows Solidity developers to move into the new chain with almost no friction.
Juggernaut is a complete custom DeFi synthetics suite, governance, and NFT ecosystem + marketplace. We focus on the emerging non-commodity, custom DeFi synthetics market.
We believe that DeFi and NFTs should be accessible and simple for all. Juggernaut wants to help everyone be part of the DeFi revolution, and let them get exposure to new and interesting asset classes and innovations.