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Back with me, fragrant93 this time I invite you to review the project. An interesting narwhalswap that will guide you to your next success.
Introducing Narwhalsap
Decentralized Finance , popularly known as DeFi is an Open financial system built on blockchain technology which makes it more decentralized and immutable . The basis of decentralizing Finance is to enable everyone around the globe to gain access to seamless decentralized financial and investment services without any form of KYC and AML requisites that exist in Centralized financial system . Centralized Financial system restrict investment services to some certain calibre of people. DeFi has been designed for the people to offer boarder less and limitless financial services in a secure and transparent manner. In this publication, i will be discussing about Narwhalswap , a decentralized Protocol designed for automatic and decentralized token swap on Binance Smart Chain . The Project focuses on expanding the DeFi ecosystem on Binance Smart Chain which falls in the category of one among the most sophisticated DeFi Blockchain network infrastructure today . Mostly the DeFi ecosystem out there uses Ethereum Chain but there are some problems associated with Ethereum network . Problem like congested network , slow transactions speed and high transaction charges . Binance Smart Chain has emerged to solve all these problem . It offers the best DeFi blockchain infrastructure which ensures smooth investment and transactions processes. It cost less transacting on Binance Smart Chain and the transaction speed is very fast compared to Ethereum Network .
The basis of this publication is to introduce Narwhalswap DeFi Ecosystem to the public and all crypto enthusiast and investors. Mostly people believe blockchain technology is only designed for cryptocurrency issuance . The use of Blockchain technology has gone far beyond that . It is a technology that is applicable in almost all aspect of life . It can be used in Logistic industry , Finance Firm , Educational sector , Medical sector and many more. Narwhalswap is implementing Blockchain and Smart contract technology to offers a very transparent , secure and highly flexible Decentralized Financial services to the global users. Majority of the services offered in centralized Financial set up such as Banks, Insurance Companies , Stock Exchanges , Cooperative Society are offered in a decentralized manner in Narwhalswap DeFi ecosystem . Details about Narwhalswap platform will be discussed extensively in in this article. Narwhalswap primary goal is to offer a more effective, transparent ,cheaper , faster and flexible financial services . to everyone . The DeFi ecosystem implements Binance Smart Chain to achieve these goals.
Narwhalsap Solution
It is an obvious fact that there is a shortcoming to the Popular AMM Yield Farming protocol adopted by majority of DeFi ecosystem .Majority of these projects implements unlimited token minting system in which if Demand is lesser than supply ,the situation of inflation emerge and keeping liquidity mining unsustainable in the future. These problem has been tackled by the team of Narwhalswap by developing a protocol that will optimize the system . Narwhalswap platform offers liquidity mining which takes seamless staking opportunities of other Binance Smart Chain powered projects. To actualize this goal , Narwhalswap will continue welcoming other projects to join the efforts and maintaining high liquidity at the long run.
Narwhalsap protocol will enable staking the token of other platform token as stated earlier this will offer the traders with NLP token which users will be able to earn NAR tokens and utilizing rNLP tokens for liquidity mining in other Binance Smart Chain projects.
NAR TOKEN : This is the native token of Narwhalswap platform , as a token issued in Binance Smart Chain . The cost of sending NAR token is quite low and the transaction processing speed is super
NAR Total Supply : 21,000,000 NAR.
Allocation for Developers team : 525,000 NAR 2.5%
Allocated for DAO :787,000 NAR 3.75%
Allocated for PreSale and Whitelist : 1,575,000 NAR 7.5%
Allocated for Narwhalswap Liquidity : 1,102,500 NAR 5.25%
Allocated for Airdrop Program : 210,000 NAR 1%
Allocated for Liquidity Providers : 16,800,000 NAR 80%
Conclusion
Narwhalsap is removing some loopholes in DeFi ecosystem and offering a sustainable DeFi Ecosystem for everyone to invest . Majority of these projects implements unlimited token minting system in which if Demand is lesser than supply ,the situation of inflation emerge and keep liquidity mining unsustainable in the future. Narwhalsap removes barriers associated to some certain blockcnhain network, It uses Binance Smart Chain and It cost less transacting on Binance Smart Chain while the transaction speed is Super high compared to Ethereum or other blockchain network Network .
team
WEBSITE: http://narwhalswap.org/
TWITTER: https://twitter.com/narwhalswap
TELEGRAM: https://t.me/narwhalswap
DISCORD: https://discord.com/invite/svKCf67
MEDIUM: https://medium.com/narwhalswap
GITHUB: https://github.com/narwhalswap
Author : zorzia
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2283026
ETH : 0xBBE79c7dcEca5C7Fecb7adb6CB946F70fF936B7a