Swapult.
Decentralized Finance (Defi) has brought a world of benefits in the crypto industry, specifically the elimination of intermediaries such as banks, governments, and other financial institutions, allowing individuals to have absolute authority over their funds. Defi was introduced to address some of the challenges of centralized finance. While centrally using intermediaries to control public funds, Defi eliminates them, increases financial convenience, and provides all kinds of financial services on a transparent and untrustworthy blockchain network. Defi, which is a collection of ideas and projects, aims to leverage blockchain technology to transform financial services. This innovation has improved the way decentralized finance applications, bringing many benefits including transparency,
the Defi World continues to grow, more than $20 billion has been deployed in various Defi projects and more Defi projects are created almost every day. Despite the competition, however, knit finance is one of the DeFi-based projects that stands out in many ways, introducing decentralized governance, incremental payment systems, earning opportunities, and more to the cryptocurrency world.
INTRODUCTION TO SWAPULT PROTOCOL
Swapult is a decentralized layer-3 cross-chain swapping liquidity management platform based on defi infrastructure for token pools and auctions.
In short the swapult protocol is the number one platform that will unlock the full potential of the defi system using synthetics and decentralized cross-chain bridges. In simple terms swapult is all about investing, staking, lending and exchanging cryptocurrencies. swapult protocol is also a special platform created to provide fast, smart, accessible and easy bootstrap stage liquidity for all its users. The auto-operated marketplaces are all in the swapult protocol, where users can optimize their results to earn $SWAPULT tokens, earn money, and can also use tokens as legal tender in the digital market. swapult protocol contract solves the problem by launching an auto market provider also called smart contract which enhances Market creation services based on the market blueprint.
SWAPULT TOKEN INFORMATION
The $SWAPULT token is an ERC — 20 tokens with a supply of 5,000,000 SWAPULTE tokens, this token will serve as the “fuel” that will support the operation of the platform. swapult protocol plans to sell these tokens in their token sale program with attractive bonuses. Here are the details of the EMO tokens;
BENEFITS OF SWAPULT PROTOCOL
STAKING: This is partly similar to Staking with what can be accomplished in traditional finance where individuals deposit into banks and other financial institutions and their money is used by the bank to maintain cash flow without proper reward. Staking in the Swapult protocol differs in the sense that while users store their crypto assets in ERC20 wallets, their deposits are used to lend to borrowers, and maintain the operation of a Proof-of-stake (POS) based blockchain system. In return, the stakeholders are rewarded with an annual passive income from their $SWAPULT tokens.
Secure Wallet:
To store tokens, you need an ERC-20 wallet which is highly compatible with loans and savings.
Governance:
Because it runs as a DEFI platform, it has no government powers. Making it independent of government policy, its operations are decided by an independent board, with a vote on ideas by the members.
Security:
Protocol Swapult uses the incomplete Turing protocol, which reduces attacks and protects the system.
Development:
Swapult Protocol is currently working on a DEFI application, and is also creating a crypto exchange platform that will allow the use of $SWAPULT tokens, to buy and trade online.
Total Supply: 5,000,000 SWAPULT
Pre Seed: 100,000 SWAPULT for $0.35. Key 3 months, then 8.33% monthly
Strategic Round: 400,000 SWAPULT, at 0.455 USD. 10% at TGE, then 9% every month for 10 months.
Personal Sale 1: 700,000 SWAPULT, at $0.47775, 20% at TGE 20%, then 20%, monthly.
Private Sale 2: 900,000 SWAPULT for $0.50050, 25% at TGE, then 25% every month.
Auction Pool: 100,000 SWAPULT for $0.7, unlocked.
Price List: TBD
Market Opportunity
Decentralized Finance (DeFi) Swapult has gained steady popularity in the last year, and slowly, we are seeing the much-anticipated boom in revenue. Driven by the rise of decentralized trading like Uniswap, as well as some promising dApp setups, the market has grown by more than 1000% starting around 2019. At the time of writing, the absolute DeFi market cap is over $16 Billion. Despite its prevalence, however, the drive for acceptance still faces several barriers.
New enterprise blockchain cryptocurrencies need to bootstrap liquidity, to guarantee productive exchange fees on DEX and other AMM-based stages. In these particular circumstances, there is growing interest for decentralized, coordinated cross-chain biological systems that empower project owners to effectively and safely direct the barter of pre-registered liquidity. As such, it addresses the protracted business opportunity and market scope for layer-3 trading conventions like Swapult.
Private and Public Sale Token Allocation and Circulation
: 2,200,000 SWAPULT (44%) will be allocated for private and public offerings. By the time of drafting, Swapult had closed the pre-seeds and vitals.
Trading Rewards: Out of the full stock, 800,000 SWAPULT tokens (16%) will be designated as trading rewards for liquidity suppliers interested in pools recorded on stage.
Instruments: in accordance with their commitments, liquidity suppliers will receive the absolute level of liquidity held during the week.
Marking Rewards: 800,000 SWAPULT (16%) will be assigned as token rewards, to serve as SWAPULT Average Annual Yield (AYY) holders staking their tokens in eligible token wallets.
Save: 600,000 SWAPULT (12%) of these storage tokens are shared for future drives and to help local area, and long term liquidity.
Groups and Advisors: 500,000 SWAPULT (10%) will be distributed to increase the Swapult group and its guides.
Liquidity Fund: 100,000 SWAPULT (2%) will be awarded to provide liquidity on Uniswap and different trades after posting.
Roadmap
Kick-off Q4 2021
Development kick-off
Seed sale completed
Testnet online
Code published on Github
Q4 2021 – Q1 2022 MVP
Private sale Unauthorized listing First batch in Swapult
Q1 2022 Speed up
Cross-chain Swap
Governance Support &
Staking Stablecoin
Bid auction
Q2-Q4 2022 DAO
#defi #Swapult $SWAPT
Swapult Platform v2.0 Fully functional DAO launch
Website : http
Whitepaper : https://swapult.com/whitepaper.pdf
Twitter : https://twitter.com/swapult
Telegram : https://t.me/swapult
Discord : https://discord.com/invite/ aG2XA2htyg
Username: Trenggalex Link: https://bitcointalk.org/index.php?action=profile;u=3198662
https://bitcointalk.org/index.php?topic=5378960.msg59016741#msg59016741
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