BridgeSwap is an Automated Market Maker Decentralized Exchange.
Bridgeswap is an Automated Market Maker Decentralized Exchange on the Binance Smart Chain.
#BRIDGESWAP #CRYPTO #BTC #BINANCE
Overview
You probably know the drill with cryptocurrency exchanges. Sign up with your email, come up with a strong password, verify your account, and start trading cryptocurrency.
Decentralized exchanges are like that, minus the hassle of sign-ups. In most cases, there’s no depositing or withdrawing crypto. The trade happens directly between two users’ wallets, with limited (if any!) input from a third party.
What Is a Decentralized Exchange (DEX)?
Decentralized exchanges are a type of cryptocurrency exchange that allows for direct peer-to-peer cryptocurrency transactions to take place online securely and without the need for an intermediary.
In a centralized crypto exchange, most of the control over your account remains in the hands of the third party which runs the exchange. On the other hand, with a decentralized exchange, all the control of the account remains with you.
Pros of DEXs
No KYC — KYC/AML compliance is the norm for many exchanges. For regulatory reasons, individuals must often submit identity documentation and proof of address. This is a privacy concern for some and an accessibility concern for others. What if you don’t have valid documents on hand? What if the information is somehow leaked? Since DEXs are permissionless, no one checks your identity. All you need is a cryptocurrency wallet.
No Counterparty Risk — The primary appeal of decentralized cryptocurrency exchanges is that they don’t hold customers’ funds.
Unlisted Tokens — Tokens that aren’t listed on centralized exchanges can still be traded freely on DEXs, provided there’s supply and demand
What is Bridgeswap?
Bridgeswap is a decentralized exchange that allows you to instantly swap crypto tokens, provide liquidity, and stake to earn rewards in the form of yields. The goal of Bridgeswap is to bridge Defi on Web 3.0 from traditional finance in a decentralized way to create a fair global economy that is sustainable, accessible, and community-driven DAO.
Mission - BridgeSwap's mission is to provide decentralized financial opportunities globally through support, security, and transparency.
Vision - To bridge Defi on Web 3.0 from traditional finance in a decentralized manner to create a fair global economy that is sustainable, accessible, and community-driven DAO.
Benefits of BridgeSwap
- Assurance: BridgeSwap creates tools for users to leverage defi opportunities without any limitation on locations, background, or regardless the experience and wealth.
- Transparency: Community-driven governance processes that ensure our users understand our collective goals and our open-source development via Github.
- Security: Highest priority is safety for our user's funds and community.
Products of Bridgeswap
Bridgeswap has come up with four innovative products that include: Bridgeswap trade, Bridgeswap farms, Bridgeswap pools, Bridgeswap Defi 2.0 zap, and Bridgeswap lottery.
- Bridgeswap Trade - Bridgeswap trade is a decentralized exchange that allows you to swap Bep20 crypto tokens for another Bep20 instantly using liquidity pools.
- Bridgeswap Farms - Bridgeswap farm allows you to earn rewards in the form of tokens and share in transaction fees by adding tokens to our liquidity pools.
- BridgeSwap Pools - With Bridgeswap pools, you can stake Bris tokens to earn more tokens. This is a great way to earn passive income from your tokens. Instead of just holding your tokens, you can make it work for you to earn free tokens by staking them in BridgeSwap pools. So if you want to make your Bris tokens productive, consider staking it. Bridegswap pool allows you to stake and earn more Bris tokens in two ways Manual BRIS pools and Auto BRIS pools
- Bridgeswap Defi 2.0 Zap - Bridgeswap Defi 2.0 Zap is a unique system created by the team to provide a lasting solution to some of the major challenges facing Defi and Farming protocols. Most Defi protocols struggle to get enough liquidity for their protocol’s operation. Bridegswap’s solution to this problem is the Defi 2.0 zap. This new and unique system lets liquidity providers swap their liquidity pools for discounted Bris tokens. Bridegswap gets its liquidity from this system and wouldn’t have to solely rely on liquidity providers for our liquidity pools. The liquidity gained from Defi 2.0 zap is stored in a designated wallet as a reserve
- Referral Program - BridgeSwap Referral is a unique On-chain referral program that lets users earn $BRIS without depositing any tokens. You just have to refer other Users to stake in Farms and Pools and you will start earning 10% of the $BRIS yields they receive forever.
- Lottery - BridgeSwap Lottery is a game of chance in which winners are selected randomly. The lottery allows every user who bought at least one lottery ticket to get rewarded with substantial BRIS prizes.
Tokenomics;
Tokenomics plays a crucial role in the success of any crypto project. We have come up with a working and sustainable tokenomics to drive Bridgeswap to success. Let’s have a look at Bridgeswap’s Tokenomics in detail:
Token name: Bridgeswap
Token Symbol: BRIS
Contract Address:
Chain: BNB Smart Chain (BEP20)
Initial Total Supply: 2,200,000 BRIS tokens
Maximum Supply: No maximum Supply
Initial Total Supply Distribution
- 50% burn address: 50% of the total initial supply — 1,210,000 tokens — has been sent to the burn address. This has been done for 2 reasons: To reduce the initial circulation supply and to have a Low Market Cap at launch.
- 18% crowd sale: 18% of tokens has been allocated to Crowdsale, 40% at TGE and 10% unlocked linearly in 6 months.
- 5% Team: 3 years cliff and 5% monthly for 2 years.
- 10% liquidity: We have locked 10% of the tokens for 3 years.
- 7% Marketing: This will be used for the marketing and promotional activities of the project. 3 months cliff and 10% unlocked linearly in 10 months.
- 10% Defi 2.0 Zap Event: We have allocated this for our Defi 2.0 zap event which will allow liquidity providers to get discounted Bris tokens. 30% unlocked linearly in 2 years.
Summary of Tokens Allocation
- Burn address — 1,210,000 BRIS
- Team — 66,000 BRIS
- Liquidity — 220,000 BRIS
- Crowdsale — 396,000 BRIS
- Defi 2.0 zap event — 220,000 BRIS
Emissions Rate
Emissions per block: 0.01 BRIS
Emissions per day: 288 BRIS
Roadmap of Bridgeswap
Bridgeswap outlined several Development for Q1 2022 which include:
- BridgeSwap Mainnet DEX Development
- Farms & Pools Development.
- Defi 2.0 Zap Development.
- BRIS Vault Development (Auto-Compounding BRIS-BRIS Pool )
- Lottery Development (Deflationary Mechanism): The lottery is not only a chance for you to win more BRIS tokens but also a burning mechanism for us to keep the value of the token stable.
- Referral Program Development.
We’re excited to say that our team has worked so hard to complete all these Development for Q1. This is a clear indication that our team is capable and determined to develop Bridgeswap to its fullest potential.
What is the Roadmap of Bridgeswap for Q2 2022?
Now, let’s have a look at what Bridgeswap aims to achieve in this second quarter of Q2. We aim to launch our key products in Q2 and also start developing new ones. Below are details of the Q2 roadmap.
- IDO Launch for BRIS token.
- BridgeSwap Mainnet DEX Launch.
- Farms & Pools Launch.
- Lottery Launch.
- Referral Program Launch.
- BRIS Vault Launch (Auto-Compounding BRIS-BRIS Pool ).
- Defi 2.0 Zap Launch.
- Announce Partnerships.
- Trading Mining Development.
- DAO Governance using BRIS tokens Development.
Q3 2022
- Info & Analytics Development.
- Trading Battle.
- Portfolio Management.
- Multi-Language.
Q4 2022
Cross-Chain Integration
Q1 2023
BridgeSwap NFT Ecosystem
Conclusion
Bridgeswap is going to become a one-stop-station for major DeFi protocols, which means new passive income opportunities and even more tokens in your wallet. Jump on the bandwagon and become one of the early adopters! The first investors will enjoy premium features and more BRIS tokens!
Our Social Channel to follow for more updates:
Dapp Website: https://bridgeswap.app
Twitter: https://twitter.com/Bridgeswap_Dex
Telegram Group: https://t.me/bridgeswap
Telegram Channel: https://t.me/bridgeswap_news
GitHub: https://github.com/Bridgeswap-Dex
Author
Bitcointalk Username: Arman bocil
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=3398588
Telegram username: @Armanbocil
BSC address: 0xabeD12BE62a9Ec3d0F28b442E19b6ea2bca44fCF
Komentar
Posting Komentar