Decentralized Economy

![wapswap.jpg](https://cdn.steemitimages.com/DQma3nty9zsPTAzvM8p5MCy8rTrGZ9VBixGddZ4jDBA6nbZ/wapswap.jpg)

WapSwap has potentially created an entirely new Cross-Chain Swapping Protocol.

An ecosystem of financial applications that are built on the top blockchain networks.

DApp WapSwap runs on a P2P network of computers rather than a central computer.
Smart Contracts Digital Agreements that intermediate the exchange of cryptocurrencies (or any other digital asset) between two parties.
Safe & Secure Audited by respected industry professionals like CertiK whose job it is to understand security vulnerabilities of the platform.

WapSwap Feature

![wapswap.png](https://cdn.steemitimages.com/DQmU8qe7LtNHrUrWDKpCmjcgpgNid2CpCDm1z6jy18FJVCN/wapswap.png)

WapSwap is a one-stop shop for cross-chain swapping. An alternative to a system that is opaque, tightly managed, and kept together by decades-old infrastructure and processes is an open and global financial system constructed for the internet era. When opposed to traditional financial services, WapSwap offers various advantages.

Everyone has access to a distributed ledger that contains information about all of the activities that have occurred on a blockchain network. Deploying a financial application or product becomes significantly less complicated and safe thanks to smart contracts and distributed systems.

Additionally, WapSwap Finance is listed on Coinmarketcap and certified by Security Leaderboard Certik.

Farming & Staking

Liquidity Pools

Liquidity providers (LPs) add funds to liquidity pools. You could think of a liquidity pool as a big pile of funds that traders can trade against.

Swapping

Swap refers to exchanging one cryptocurrency you hold for the equivalent value of another cryptocurrency.

Staking Pools

A staking pool is a group of coin holders merging their resources to increase their chances of validating blocks and receiving rewards. They combine their staking power and share the rewards proportionally to their contributions to the pool.

Farming

An automated market maker (AMM) is a type of decentralized exchange (DEX) protocol that relies on a mathematical formula to price assets. Instead of using an order book like a traditional exchange, assets are priced according to a pricing algorithm.

AMM

Farming is a way to make more crypto with your crypto. It involves you lending your funds to others through the magic of computer programs called smart contracts. In return for your service, you earn fees in the form of crypto.

ERC-20 Standard

ERC-20 introduces a standard for Fungible Tokens, in other words, they have a property that makes each Token be exactly the same (in type and value) of another Token.

ChainSwap Services

Burning

The amount of token to get swapped needs permission to shift on the other specified chain using the ChainSwapToChain() Event.

Interacting

When the event is emitted, a signal transfers to the other chain with the amount specified from the first chain.

Claiming

The number of tokens burned from the first chain will need a trigger to the other chain for claiming the tokens.

Minting

When the method is triggered, the ChainSwapClaim() event is emitted along with the minting of the tokens.

Token Specification

Chain Network: BSC, Polygon
Token Name: WapSwap
Token Ticker: WAP
Initial Supply: 1,890,000 WAP
Total Supply: 21,000,000 WAP
New Token emissions: 0.16 per block
Fair Launch: Yes
BSC Chain: 0xD819...8D9c80

Token Distribution

91% Farming and Staking
7.5% Liquidity for CEX and DEX
1% Promotion and Marketing
0.5% Operational Cost
0% Founders and Team

Social

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Author Details

Bitcointalk Username: Digitalbitcoin Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=449709 Proof of Registration: https://bitcointalk.org/index.php?topic=5377197.msg58795504#msg58795504 BEP 20 Wallet: 0xaB33C0559B02A9DCd8115D2230F7141d9c5728d6

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