CanYaCoin ($CAN) joins as BEPSwap Launch Partner

CanYa, a decentralised serviceplace, is joining the BEPSwap Platform to enable instant asset conversions for users.

THORChain
THORChain
Sep 17 · 3 min read

BEPSwap

BEPSwap was announced on 10th of July 2019 as a new way to swap and stake BEP2 assets.

BEPSwap will allow any BNB or BEP2 holder to swap BEP2 tokens at market prices — instantly from their wallet. They do this by sending their tokens into pools containing liquidity, which performs the swap instantly based on the ratio of assets in the pool.

This means anyone can send assets to other users, even from one token to another, always at correct market prices. This is a huge advantage to decentralised applications.

CanYaCoin

CanYa is a decentralised serviceplace that allows anyone to list their skills and services and for anyone to book them and pay in cryptocurrency. CanYa has the following CanApps:

  • CanWork — a marketplace for skilled service providers. List skills and services. Users can post jobs or hire freelancers direct.
  • CanInvoice — a invoicing service
  • CanShare — send files using IPFS

CanYa is a Binance Fellowship project and was one of the first projects to fully commit to the Binance Chain ecosystem, building and solving key problems around BEP2 tokens.

CAN Token

The $CAN token is the token of the ecosystem, allowing payments between users that are compatible with the hedged escrow, as well as being part of the CanYaDAO — a decentralised autonomous organisation that allows anyone to stake CAN and be part of the ecosystem of governance.

CAN on BEPSwap

CanYa is powered by the $CAN token which requires deep liquidity in order to be useable across the network. The CAN token is bonded by stakers in the DAO and used for payments for work and thus must have excellent price discovery.

As such, CAN is listed on Binance DEX to allow a wider market exposure and is an excellent project to join the BEPSwap platform.

Additional benefits include:

  • THORChain will acquire off the market CAN tokens between now and the launch in order to bootstrap the CanYaCoin pool.
  • THORChain and CanYa will work together to promote the ecosystem.
  • CanYaCoin will be able to stake some parts of their treasury into the pool to offer even more liquidity to token holders.
  • CAN token holders will be able to stake CAN tokens in order to earn on trade commissions every day.

BEPSwap is scheduled for public beta this week.

CanYa Update

CanYa have just released a September Promotion with $500 up for grabs:

They have also just completed a number of updates to the core platform and have improved the standard of CanWork providers:

Follow CanYa

THORChain Update

THORChain team just released the BEPSwap tutorial where users can learn about swapping, staking and trading across liquidity pools:

To keep up to date with the upcoming Public Alpha, please monitor community channels, particularly Telegram and Twitter:

THORChain

A lightning-fast decentralised liquidity network.

THORChain

Written by

THORChain

The official team for THORChain — the lightning fast decentralized liquidity network.

THORChain

THORChain

A lightning-fast decentralised liquidity network.

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