The crypto ecosystem keeps expanding rapidly with investors keen to achieve the numerous benefits it comes with. Understanding decentralized exchange and the unique opportunity they offer is paramount to any investor knowledge. Decentralized exchange (DEX) are platforms created on block chain to facilitate the trading of tokens between investors and users without any middleman or intermediary. This is achieved by the existence of smart contracts. To avoid the use of third parties or intermediary in transactions, BridgeSwap is created to handle the problem.
Introducing BridgeSwap
BridgeSwap is a decentralized exchange platform that allows investors to instantly swap crypto tokens, provide liquidity and stake to earn rewards in form of yields. The goal of BridgeSwap is to bridge deFi web3.0 from traditional finance in a decentralized way that will create a fair global economy to all investors across the globe. To achieve this,BridgeSwap has come up some innovative features and products which includes;
BridgeSwap Trade: BridgeSwap trading instantly swap crypto tokens without any registration or account needed. As an automated market marker (AMM), BridgeSwap provides features that support centralized trading. A user can trade in BridgeSwap without the need of a centralized exchange. All trading transactions comes from a user wallet,therefore allowing the user to trust himself without the need of someone else.
Token Trading: Token trading on BridgeSwap are a very simple way of trading on BEP-20 tokens to another BEP-20 via automated liquidity pool. When a user swap token or trade on BridgeSwap, a 0.3% trading few is paid. 0.25% will be returned to liquidity pools in form of a fee reward for liquidity providers. 0.005% will be sent towards BRIS for buyback and burns. 0.01% fee will be sent to the insurance emergency funds wallet. Then 0.035% fee will be sent to the BridgeSwap treasury.
BridgeSwap Farms: provides liquidity to users to earn $BRIS with higher annual percentage rate. The farms allow a user to earn BRIs while supporting BridgeSwap by staking LP tokens. The BridgeSwap Farms provide users a space to stake LP tokens and generate higher returns in form of BRIS tokens. The annual percentage rate calculates the number of returns which can fluctuate due to the size of the pool.
**BridgeSwap Pools: **BridgeSwap has a liquidity pool that a user add tokens to the pool, the user automatically receives liquidity provider (LP) tokens for shares in fees. The trading fees can be use to make sure there is always liquidity for exchange use. A user receives liquidity provider (LP) tokens and share in the fees when a user add tokens to the liquidity pool.
The LP tokens if deposited in BRIS and BNB into the liquidity pool, the user receives BRIS-BNB LP tokens. The more the number of LP tokens a user receives forms portion of the BRIS-BNB liquidity pool. A user can redeem his funds at anytime by removing the liquidity. To earn more worth being a liquidity provider, a user has to put his LP tokens to work whipping up some fresh yield on the BRIS farms,while still earning 0.2% trading fee reward.
BridgeSwap Project Mission & Vision
BridgeSwap sole mission is to provide a decentralized financial opportunities to users and traders globally with support, security and transparency. VISION: BridgeSwap envisions to link defi web3.0 from traditional method of finance to a decentralized method finance that create accessible and reliable market opportunities to users. BrigdeSwap also has values associated to it which includes;
- Transparency: BridgeSwap has a tranparent community driven governance policies that make sure users understand the collective mission with opem-source development through Github.
- Security: BridgeSwap provide maximum security to users funds and the community - Assurance: BridgeSwap is determine to create tools for users to access opportunities without hindrances on locations, background or the users experience or wealth.
BridgeSwap Lottery
DeFi 2.0 ZAP: DeFi 2.0 zap is a system build to prover solution to projects most DeFi yeild farms project face on BNB chain and other chains. The is built to offer discounted BRIS token in exchange for the liquidity pool (LPs) to the BridgeSwap protocol. Most DeFi yield farm projects are just renting liquidity in exchange for their native tokens(farming) which means these DeFi protocols do not own liquidity personally which can can more problem to a user.
This problem is solved when a user joins the BridgeSwap DeFi 2.0 zap event which allows BridgeSwap protocol to gather liquiditySecure the longevity and price stability of BRIS tokens and everyone involved. This is done by swapping LPs for discounted BRIs token which is transfered to the multisig DAO wallet address. This allows the user or bris holder to vote for multi-sign wallets to control the treasury.
BridgeSwap Token (BRIS) & Its Tokenomics
$BRIS native token of BNB chain are on BEP-20. The BEP-20 are utility tokens that are needed to pay gas which comes in form of BEP-20 BNB. The token is also use in staking, buying and selling on BNB chain. BEP-20 tokens can be withdrawn through the user binance account or any centralized exchange that supports BEP-20 token BNB smart chain network.
In Conclusion
BridgeSwap DEX gives the user opportunities to exchange tokens on the BNB chain. Bridgeswap is trying to decentralized defi on web3.0 from traditional finance to create a fair and global ecosystem that will be securely accessible sustainable and with a community driven DAO. Bridgeswap also provides true value, with fairness and innovation to decentralized finance through high quality products and services. A user can trade on BridgeSwap by simply swapping crypto tokens that requires no regiatration or account needed.
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Forum user: thefreethinker