WapSwap Brings Numerous Benefits When Compared To Traditional Financial Services

A worldwide financial system that is open and decentralized, developed for the internet age, as an alternative to opaque, tightly managed, and monolithic systems that have been constructed through decades of infrastructure and processes. When opposed to traditional financial services, WapSwap offers numerous advantages. A shared distributed ledger holding information about all the transactions that have occurred on the blockchain network. Deploying financial applications or goods becomes significantly easier and safer with the use of smart contracts and distributed systems.

WapSwap Ecosystem

An ecosystem of financial applications built on top of the world’s most advanced blockchain network.

• Rather than a central computer, the WapSwap DApp runs on a peer-to-peer computer network.

• Digital Agreements Smart Contracts that mediate between two parties the exchange of bitcoins (or other digital assets).

• Secure & Safe Audited by reputable industry professionals such as CertiK who specialize in identifying platform security flaws.

Cross Chain Swapping

Cross-chain exchanges enable the trade of tokens across several blockchains without involving third parties (e.g. exchange services).

Trading tokens directly across blockchains was previously impossible owing to technological incompatibilities, until WapSwap produced an unique WAP token with the ability to change the chain itself through simple burning, printing, and highly encrypted code that aids in verifying chain transactions. different.

Yes, it is severely lacking in servers (two chains interact directly with each other).

For instance, if Nemo want to transfer WAP tokens from the BSC to the Polygon chain.

Step 1: Connect the wallet to the Binance Smart Chain.

Step 2: In WapSwap, open the Chain Swap function.

Step 3: Enter the desired quantity of WAP tokens, select ‘chain swap,’ and confirm the transaction.

Step 4: Copy the transaction’s encrypted code.

Step 5: Click ‘change network’ to convert your BSC chain network to a polygon chain network.

Step 6: To claim your WAP token on Polygon Chain, paste the encrypted code into the claim box, click ‘claim’, and approve the transaction.

The number of nemo tokens exchanged is burnt from the BSC chain (exclusive of the 1% swap fee) and the same number is printed on the polygon chain via direct interaction between two smart contracts running on different chains, using encrypted data and identical wallet addresses due to both chains being ERC20-based.

The encrypted code contains all of the required information for verifying transactions across several chains, ensuring the correct quantity of tokens is produced, and sending tokens to the relevant chain and wallet addresses.

The protocol will ensure that the total supply of tokens remains constant across all chains, i.e. if the total supply of WAP tokens is 21 million, the total supply of WAP tokens across all chains will remain 21 million, in contrast to other tokens that have supply across multiple chains and the total quantity of all chains exceeds the total and supply the maximum.

Referral

As a user of the WAP$WAP platform, you may maximize your benefits. As a result, you can use the referral link to reward your friends who sign up using our referral link. The Farms & Staking pool offers referral bonuses.

The following is how the WAP$WAP affiliate program works:

· Staking pool and ranch. In the event that your friend makes money, you can expect a 5% return. When your invited buddy withdraws WAP tokens to their wallet, your referral reward will be visible and immediately removed from your wallet address.

· Invite a friend and he receives 5 WAP from “Farms” or “Staking pools” as a result of your invitation. As a result, you’ll get 0.25 WAP for every 5 WAP you have.

· In $WAP tokens, you will receive all of your referral benefits. All charges will be made in $WAP tokens as well.

· Two different referral revenue counters will be available to you, including the following: Farm referral income

· Earnings from staking pool referrals

· As part of our referral program, we want you and your friends to reap the benefits of joining our network.

Tokenomics

Other Methods of Deflation

WAP is now being burned in the following manner:

WapSwap takes 0.05 percent of each trade.

WapSwap takes a small percentage of each cross-chain exchange transaction.

Farming reward and staking pool will be returned in full if unstaked, harvested or compounded within the first 168 hours of staking (7 days).

Every four years, 50% of the emissions will be lowered until the maximum supply is reached.

The lottery wallet loses 230.40 WAP each day in lottery cash (It will be burned every week until we start our lottery feature).

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 : apataak

BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=3391752

BSC Address : 0xF1B708b07Ea8265801255a0548Ce9607bE0Cc2f7