I’m going to tell you about a program that I believe has huge potential in this article.
What we’re talking about now is WAP$WAP’s program, which is capable of creating totally new financial markets, products and services. A network of financial applications built on top of a blockchain.
In the Binance Smart Chain, WAP$WAP is an Automated Market Builder (AMB). WAP$WAP is based on a liquidity pool. Users earn transaction fees from other users who use the pool to swap tokens by adding token pairs to the liquidity pool. Because of Binance Smart Chain’s high speed and low cost, WAP$WAP has become a popular currency. $WAP is the name of the WAP$WAP cryptocurrency. DEX is a great place to buy and sell them. You can also use WAP$WAP swaps and liquidity pools to exchange other tokens for $WAP.
an ecosystem of financial services that is open source, permissionless, and transparent, with no centralized authority. Peer-to-peer (P2P) and decentralized applications will allow users to preserve full ownership of their assets and interact with the ecosystem (dapps).
When it comes to resolving disputes, WAP$WAP doesn’t rely on third-party organizations like banks or courts to mediate the process. Without a third party, WAP$WAP can be used directly.
For any disagreements that may arise, a user has full control of their cash at all times. A more efficient financial system can be achieved by reducing the costs of delivering and using these products.
Swapping
Using the AMM paradigm, WAP$WAP provides users with access to a pool of liquidity tokens that may be traded. Instead of trading as either a creator or a taker, smart contracts are used to facilitate transactions. Anyone can get started by depositing a pair of coins of equal value.
LP (liquidity pool) tokens are issued to liquidity providers in exchange for their contributions to the pool. When you redeem your tokens, these LP tokens are destroyed. Produce farming can also benefit from a pool that is regularly reinvested to keep your interest high.
The WAP$WAP AMM model pays liquidity providers with a 0.18 percent fee, which is dispersed proportionally based on the amount of liquidity they supply.. The Constant Product Market Maker formula is used to calculate the token’s price rather than the order book.
Let’s take a look at the BNB/BUSD liquidity pool. As x and y, we will refer to BNB and BUSD. K is a constant in the Constant Product Market Maker formula, which means that it cannot be changed.
There is an exchange rate of, in our case, 300 BUSD(y) for every 1 BNB in a liquidity pool (x). As a result, the pool will have more BUSD and less BNB when you put in 300 BUSD and take out 1 BNB. Because k is constant, the price of BNB rises as a result of this activity. To put it another way, you buy BNB with your BUSD. The value of BNB as measured in BUSD rises in tandem with the issuance of more BNB.
Using WAP$WAP’s automated liquidity pools, you can easily swap one BEP-20 token for another.
The Liquidity Providers (“LP”), who place their tokens in the “Pond,” supply the exchange with liquidity. For $WAP FLIP tokens ($WAP Liquidity Provider), they receive $WAP tokens that can be staked for $WAP tokens on the “farm.”
An exchange will charge you a 0.25 percent trading fee for every token exchange (trading) you make.
· Liquidity Pools receive 0.18 percent of the fees paid by liquidity suppliers.
· The WAP$WAP Treasury received 0.02 percent of the WAP$WAP.
· 0.05 percent of shares were purchased and burned as part of the $WAP repurchase program.
Referral
You can get the most out of your rewards using our system. As a result, you can use the referral link to reward your friends who sign up using our referral link. The Farms & Staking pool offers referral bonuses.
The following is how the WAP$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.
You’ll be able to track your referral earnings in two different ways:
· Profits from farm referrals
· 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.
· Lottery funds are burned at a rate of 230.40 WAP a day in the lottery wallet (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