Hello friends! We continue our reviews of projects that use blockchain technologies to develop the financial and global market. Today I have a very interesting project. I would call it a universal solution for exchange and operations with cryptocurrencies.
As you know, decentralized projects are very popular today. Financial projects such as UniSwap are in great demand today. They allow users to earn money. They also carry out foreign exchange transactions quickly and reliably.
But the project that I will be considering today also has a very interesting model. To begin with, the project aims to become a full-fledged financial platform. It must somehow remind us of the Digital Bank! Which will give us some handy items: a savings account or loans. In general, a rather interesting project with a unique ecosystem.
SWAAP
A unique Swaap ecosystem that uses blockchain technology to carry out financial transactions around the world. It is a unique security solution to exchange or profit from liquidity pools. Swaap is an open-source, highly scalable product.
We are also talking about direct interactions with fiat money. Users may be able to make withdrawal transactions through fiat money. The project team also provides information that all Swaap tokens have real value (the price is confirmed by the pledge). These are direct bank transfers. Which, of course, pleases me. Because cryptocurrency should become a single payment system.
Key features
- Swaap Stablecoin is an interesting solution for the decentralized financial market.
- Work with fiat money.
- Possibly new integrations in real business.
- Large affiliate network.
Swaap Tokens
Tokens, as always, are one of the important elements of the platform and carry a specific mission. We will be presented with 2 main tokens of the Swaap ecosystem. These are SAP and SAPG.
SAP token — a token that will be used in the ecosystem (utility token). For funds transactions, it will also have a stable value of $ 1. Tokens will be backed by real assets. The project team will provide the required reporting. SAP is a stable token that can be used on and off the platform.
SAPG token is a platform management token. The platform will be governed by voting. Token holders will make decisions about which direction the project will take. The team plans to launch this platform by the end of 2021, the first year.
This token will be extremely stable. Only 1% per annum is permissible inflation.
Exchanges
The Swaap team will interact with the most popular decentralized platforms. It will also provide the market with its version of SwaapDEX. The Atomic wallet will also support Swaap tokens. Interestingly enough, there is a direct exchange for many cryptocurrencies. I think this will become a very popular solution.
Conclusion
I think the Swaap project is worthy of your attention. It is versatile. It is decentralized. It is well protected and has a stablecoin. Interacts with the best projects in the world of decentralized finance. It can be a good solution for your business. We will soon see what liquidity pools will be provided to us. I like that the Swaap token will be widely distributed and I will not have any problems with the exchange.
Official Resources
WEB: https://swaap.org/
TELEGRAM: https://t.me/swaapcrypto
TWITTER: https://twitter.com/SwaapCrypto
FACEBOOK: https://web.facebook.com/Swaap-102275471847846
Username:anatolij.shishkin
Profile Link: https://bitcointalk.org/index.php?action=profile;u=2280356
Address:0xae291938EcF7887cbD6edAa42Dec3d9abC9dEa94