🚨 Swaap Protocol and Confirmed $SWAAP
Swaap token is not live yet, but you can already start to collect it! Let's check what this protocol offers
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⭕️ What's Swaap? Swaap is a decentralized exchange (DEX) and the first market-neutral Automated Market Maker (AMM). It leverages a combination of oracles and dynamic spread to provide sustainable yields for liquidity providers and cheaper prices to traders.
#Swaap reduces arbitrage trading, a phenomenon whereby external actors extract value from a pool by taking advantage of price differences within the market. Liq Providers access sustainable market-making strategies and reduce Impermanent Loss & offer multi-asset pools.
⭕️ Swaap Token $Swaap Token is already confirmed. Tho the tokenomics is not released yet but since it's a governance token we can expect a % to be #airdropped to the community and early users. The token is not live yet, but you can already start to collect it! 🤑
⭕️ How to collect $Swaap ?
By LPing into Swaap pools you are eligible for future #token rewards. It works like a liquidity mining program, but retroactive. The number of tokens you will be able to collect will depend both on the amount of liquidity deposited and the timeframe.
The protocol is Beta and there might be bugs/Risks and this isn't a FA / Always DYOR before interacting with any protocol. The protocol's smart contracts have been audited by two different leading firms in the field: Chainsecurity and Runtime Verification. 🛡️
You can Trade/Swap a few tokens and you can provide LP. You can select a token either from the pool's tokens or among a list of blue chips assets. To match the pool's composition, we will automatically swap your token at the best rate using 0x Protocol.
Link: 🔸beta.swaap.finance Discord: 🔸discord.com/invite/vMNHgz7bMU Whitepaper: 🔸swaap.finance/whitepaper.pdf Docs: 🔸docs.swaap.finance
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