INTRODUCTION
Narwhaleswap is termed "Tangible Unicorn" in BSC. The crypto project is created to correct major difficulties in the cryptosystem network now.
Narwhalswap is derived from Narwhal, a specie of Whale fish found in Canada and Russian ocean. Narwhale has a common feature with Unicorn-the protruding tusk from their mouth. Unicorn has never been seen in real life despite that a lot was written about it but Narwhale habitats in ocean. The tangibility factor of the Narwhal differenciates both of them.
Narwhalswap targets to enhance the chain of Defi crypto ecosystems, make it more lucrative and also decongest the network. Narwhalswap team has prepared good investor friendly concepts to woo serious developers and investors into the cryptosystem.
NAR EFFECTIVENESS
NARWHALSWAP team has a token regarded as NAR. NAR token is designed to solve some problems in the cryptosystem. It offers good and attractive yields on the investors fund, it is marketable and also tends to last long in the cryptosystem.
NAR also tends to have an equity in the governance of the system. This qualifies NAR token holders to take part in decisions making in the Narwhalswap ecosystem and also claim their rewards.
Narwhalswap handlers will float 21,000,000 NAR tokens in the project. 2.5% of which will be allocated to team developers, 3.75% allocated to Decentralised Autonomous Organisation (DAO) for future proposals in the network community, 7.5% for pre-sales whistling, 5.25% for NAR token liquidity on Narwhalswap, 1% for bounty and airdrop campaigners, the remaining 80% will be shared among the fund providers.
NAR token attracts 5% fee charge to burn on the networt interface trading transfer.
NAR LIQUID ACTIVITY
Most discussions on the crypto community now centers on the Defi and AMM yield farming earning model with the upsurge of new projects. The AMM set up liqiudity pool, where investors deposit tokens. The pool yields rewards from the transactions on it.
Traders also "pair stake" new tokens with trending tokens such as Bitcoin. As the new projects popularity increases, traders demand for the token also increases, which in turn result to high yields of the LP tokens. The traders are compensated with a % fee from the yields of LP. This in mining process.
The major shortfall of this process is that some projects has many tokens. This leaves the crypto network with over floating tokens, thereby leading to token inefficiencies.
Narwhalswap team plans to give solution to these problems and also enhance systems growth. They have provided a liquidity mining concept that allows other (NLP) project tokens to join and be staked on the network.
These NLP token earns rewards, which are converted into NAR tokens, which is taken to the dividend pool. This process allows other projects to grow their tokens.
More projects are attracted to the BSC network through this mining process and gives more rewards to the users. The traders in this network process also return 10% of their rewards to the dividend pool. This will be distributed to NAR holders.
SUMMARISATION
Narwhalswap token tends to be marketable due to its perceived features and innovations that will help to solve standing difficulties in the cryptosystem network. It will also grow investors wealth in the cryptosystem.
Projects Links
Website: http://narwhalswap.org/
Telegram: https://t.me/narwhalswap
Twitter: https://twitter.com/narwhalswap
Medium: https://medium.com/narwhalswap
Github: https://github.com/narwhalswap
Writer's Info
Bitcointalk Username: chuksmy
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2635666
Proof of Authentication: https://bitcointalk.org/index.php?topic=5279517.msg55656418#msg55656418