Nagaswap Sweeps ProBit Exchange IEO to wrap up a stellar $1,000,000 campaign
DEX and cross-chain trading platform Nagaswap Protocol completed a successful IEO campaign on ProBit Exchange to secure over $1,000,000 to add on to the IEO platform’s cumulative total of over $3 million raised in 2021 so far.
Nagaswap started on an impressive note, closing out its first round with a 20-second sellout and maintaining momentum to cap off a final $300,000 round with trading to open up on March 29.
ProBit Exchange has become entrenched in the IEO sector as one of the top 7 platforms with a current average of 117% for participants who also walk away with significant bonuses according to strategically placed lockups. IEO has been a boon for many token fundraising campaigns thanks to the steady liquidity afforded via secondary markets as part of ProBit Exchange’s highly successful runway.
The rise of DeFi has given birth to a dazzling array of DEXes such as Nagaswap Protocol, which provides full integration across Ethereum and Binance Smart Chain to take advantage of the ERC-20 and BEP-20 token protocols to amplify its cross-chain swap capabilities.
Nagaswap utilizes a decentralized and fully automated limit order book to overcome the limitations of AMM, completing all order matching on-chain for Nagaswap users to accommodate traders of all ranges. The platform also remediates front-running and provides stable, shared liquidity through a publicly verifiable proof-of-elapsed-time construction using verifiable delay functions which essentially utilizes a lottery structure for the fair and efficient implementation of node resources for network stability.
BNW tokens provide several layers of utility including points accumulation and participation in MMG, Nagaswap’s yield farming gamification featuring a total supply of 50,000 Tochi for mining.
ProBit Exchange has stated their support for Binance Smart Chain, having recently retrofitted BEP-20 deposits and withdrawals and accommodating the increasing demand from top BSC based project teams including Nagaswap, Kebab, and Chik.
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ProBit Exchange is a Top 20 crypto exchange globally. We have completed over 200 rounds of IEO and have been consistently ranked Top 4 in Korea. ProBit Exchange provides unlimited trading access highlighted by over 1,000 trading pairs.
ABOUT NAGASWAP PROTOCOL
NAGASWAP PROTOCOL is the first DeFi project with the first game product to be implemented on the BEP20 platform. Project Nagaswap will unveil a fully functional decentralized exchange on Binance Smart Chain with trustless cross-chain trading and full interoperability with Ethereum.
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