WapSwap — Bridging All Chains Using Chainswap Feature

nazarabdi
4 min readDec 16, 2021

On the Ethereum platform, the WapSwap ecosystem is a decentralized, blockchain-based cryptocurrency swap economy. The WapSwap ecosystem consists of the WapSwap wallet and a decentralized exchange with more than 300 crypto currencies. There is currently no way to move WAP tokens outside of wallets and exchanges. As a mainnet token, it will be based on the BSC and Polygon blockchains. This will facilitate cross-chain transactions in the near future. The WAP token is now available for free exchanges and transfers between users around the world.

On the Ethereum platform, the WapSwap ecosystem is a decentralized, blockchain-based cryptocurrency swap economy. Wallets for over 300 crypto tokens and a decentralized exchange are part of the WapSwap ecosystem. Currently, the WAP token may only be transferred between wallets and exchanges as an Ethereum ERC20 token. However, the token will be upgraded to a mainnet token constructed on top of the BSC and Polygon blockchains. In the foreseeable future, this will allow for cross-chain transactions. Using the WAP token is completely free of charge.

WapSwap is a peer-to-peer marketplace for mobile devices that will revolutionize the way people purchase and trade them. WapSwap allows you to sell your old phone or acquire a new one from other users. WapSwap makes it simple to go through and find what you want. Already implemented on two blockchains (BSC and polygon), the WAP token can facilitate cross-chain transactions for fractional ownership via payment gateways that accept crypto and fiat.

The community has the power to shape the course of our project. Using WapSwap, token holders will be able to exchange their $WAP tokens for a wide variety of other cryptocurrencies and tokens. There are two ways you can use WapSwap: You can use an ETH WAP pair, or you can just use your $WAP token to buy tokens on any exchange that supports BSC and Polygon blockchains. Thank you for joining us!

Referral

Our platform allows you to maximize your rewards. As a result, you can share our referral link with your friends and reap the benefits of our referral program. Farms and Staking pools offer referral bonuses.

Using this method, the WAP$WAP referral scheme will work as follows:

Staking pools and farmland. 5 percent of your friends’ earnings will come back to you. A direct withdrawal of your referral incentives will be made when your invited friends withdraw WAP tokens to their wallets.

A friend of yours may have earned 5 WAP from either “Farms” or ‘Staking pools’ if you invited him or her. As a result, you’ll get 0.25 WAP for every 5 WAP you have.

All of your referral bonuses will be deposited into your referral balances in $WAP tokens. All fees will be denominated in $WAP.

There will be two referral earning counters for you, one for each of the following:

Earnings from Farms referred by others

Staking is a way to collect referral fees.

You and your friends can both profit from joining our community through our referral program.

Token Distribution

Chain Network: BSC, Polygon

Token Name: WapSwap

Token Ticker: WAP

Starting Supply: 1,890,000 WAP

Complete Supply: 21,000,000 WAP

New Token discharges: 0.16 per block

Reasonable Launch: Yes

Connection Purchases : https://dapp.wapswap.finance/trade

Tokenomics

It is currently being blown up using the following methods:

WapSwap takes 0.05 percent of each trade.

In each cross-chain exchange transaction, WapSwap takes 0.5 percent of the transaction fee.

Within the first 168 hours of staking, all unstaked or compounded staking payouts are repaid in full (7 days).

Until the maximum supply is reached, 50% of emissions will be reduced annually.

A daily loss of 230.40 WAP in lottery currency is incurred by the lottery wallet (It will be burned weekly until we start our lottery feature).

The usage of a manual combustion method has been implemented.

More Information :
Website : https://wapswap.finance/
Medium : https://wapswapfinance.medium.com/
Reddit : https://www.reddit.com/r/WapSwapFinance/
Telegram : https://t.me/WapSwapFinance
Twitter : https://twitter.com/WapSwapFinance
Facebook : https://www.facebook.com/WapSwapFinance/
Youtube : https://www.youtube.com/channel/UC7VKafPN8_FZANe_1jr9DLA

Writer :
Bitcointalk Username : apabaka

BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=3373901

BSC Address : 0x2c1A49CC125892368319C153eBA052Ab3451c253

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