CryptoSwap Finance is a decentralized exchange that runs on Binance Smart Chain (BSC), and enables uses to SWAP BEP-20 tokens in a trustless and permissionless manner. The platform is fast, cheap, and user-friendly. CryptoSwap Finance has many features such as farming, staking, and trading exchange that enable users to earn and win tokens. That is CryptoSwap in summary. In this article, we will look at the features of CryptoSwap and the problems it solves.
Blockchain and smart chain technology have opened a floodgate of innovation. With BSC, it is now possible to develop decentralized finance projects (daaps) with unique features such as decentralized exchanges (DEX), firming, staking, liquid pools, and lottery, which enable users to earn and win tokens in various ways. CryptoSwap Finance is a decentralized finance protocol that offers these features, among others that that enable users to earn higher with the least transaction fee and high transaction speed.
Exchange/Trade Platform CryptoSwap Finance is a decentralized exchange (DEX) that utilizes automated market-making (AMM) instead of the conventional order book. Users can trade various tokens on the platforms against a liquidity pool (LP). LP providers, who are exchange users, add funds to the liquidity pool and receives LP tokens in return. The tokens can be used to reclaim shares of funds, with a portion of the trading fees. The exchange has an intuitive user interface that even novice traders can use.
Yield Farming and Staking CryptoSwap Finance enables users to deposit and lock their funds in processes that earn rewards in CryptoSwap Finance Token (CSF), the native token. There are many pools where you can stake your funds. You can earn up to 20 times in reward with the main CSF/BNB pool. You can also stake your CSF tokens to earn a reward in other tokens. You can cash out the rewards or reinvest them.
Lottery Users can participate in the CSF lottery and earn rewards. To participate, use your CSF tokens to buy the tickets. Each ticket goes for 5 CSF. You can participate with a single ticket or buy more tickets to increase your chances of winning. The jackpot winner, whose ticket digits matches all the lottery number, earns 50% of the entire lottery pool. There is a reward for those whose tickets match 3 or 2 numbers.
Voting The decision-making in CryptoSwap is done through the voting process. The community members are allowed to propose ideas and vote on them. The cryptocurrency team reviews the proposals, move the ones with strong community support to the core level where the team determines the results, and announce it to the CryptoSwap community.
Initial Farm Offering Users can buy tokens offered by other startup projects in a new sale model – IFO. You can use your CSF-BNB LP tokens to acquire new tokens. After the sales, the project gets BNB tokens, while you get project tokens. CSF tokens equivalent to half the total funds raised are burned.
The above core features of CryptoSwap enable the users to earn and win more tokens. The users can also directly take part in the voting process to suggest ways of improving the project. CryptoSwap is designed to ensure that the users obtain optimal benefits.