WAP$WAP - A Utility Crypto Currency That Will Soon Be an Automated Market Maker on the Binance Smart Chain

WAP$WAP is a utility crypto currency that will soon be an Automated Market Maker on the Binence Smart Chain exchange. This token is generated according to the ERC20 protocol and is used for investing in future ICOs. The name WAP stands for 'WAP' coins and liquidity pools are a group of W-A-P coins that are swappable depending on your trading strategy.This coin is designed to help users make more money in a low interest environment. The technology behind this project is decentralized and permissionless, so there is no central authority that can influence the price of assets. All transactions take place on peer-to-peer platforms without any intermediaries or arbitrators. The code defines how to resolve every possible dispute and is the most transparent financial system in the world.This currency will be traded on the Binance Smart Chain. It will be a peer-to-peer ecosystem that does not require a central authority. This means that it operates in an open-source way without centralized control. It is completely transparent and user-controlled, and uses decentralized peer-to-peer applications to facilitate transaction flow. It is a decentralized ecosystem that eliminates the need for arbitrators or intermediaries. This creates a frictionless financial system.

More About WapSwap

As a unified liquidity pool, WAP$WAP is a good place to swap tokens and manage the liquidity pool. This platform provides the ability to swap cryptocoins quickly and easily. It also has an interface that shows the balance of the different coins in the liquidity pool and the current exchange rates. This makes it easy to manage and understand, so it's an ideal tool for those who want to make the most out of their investment.In addition to trading on the Binance Smart Chain, WAP$WAP also offers a liquidity pool for cryptocurrencies. By offering liquidity to other users, WAP$WAP users earn LP tokens. Those who provide liquidity may withdraw funds at any time. Nevertheless, it is a risky business. For this reason, WAP$WAP is a great choice for a cryptocurrency exchange.An Automated Market Maker is a tool that can automate trading on the Binance Smart Chain. This type of service helps you to manage the transaction costs and fees of the network. The best way to trade on the Binance Smart Chain is to use an Autopilot. This will allow you to use the system as an automated market maker on any of the DEXes.

WapSwap Uses ERC-20 Standard

As an Automated Market Maker, WAP$WAP uses the Binance Smart Chain as its base to trade the WAP/BNB token. It uses the ERC-20 standard to create a new kind of Fungible Token, which is essentially a token with the same type as BNB. The WAP/BNB liquidity pool is comprised of 10,017 WAP and 1,00017 BNB. In addition to this, each LP token has the power to convert between two blockchains. It also offers a serverless interface.

About Cross-Chain Swapping

A cross-chain swap enables trading tokens across different blockchains without using an intermediary party (e.g. an exchange service) in the process.
Trading tokens directly from one blockchain to the other was impossible due to the technological differences between them until WapSwap developed an innovative WAP token which haves power to convert it's chain itself with simple burning, minting feature and a highly encrypted code which helps to verify the transaction made on a different chain.
Yes it's completely server less (two chains interacts directly with each other).
For example, if Nemo wants to swap WAP tokens from BSC to Polygon chain.
Step 1 : Connect wallet with Binance Smart Chain.
Step 2 : Go to Chain Swap feature on WapSwap.
Step 3 : Enter the number of WAP tokens you want to swap, click 'chain swap' and approve the transaction.
Step 4 : Copy the encrypted code of that particular transaction.
Step 5 : Click 'change network' to change your chain network from BSC to polygon.
Step 6 : Paste the encrypted code at the claiming section, click 'claim' to claim your WAP tokens on Polygon Chain and approve to transaction. The number of tokens nemo swapped were burnt from BSC chain (excluding 1% swap fee) and the same amount was minted on polygon chain with direct interaction between two smart contracts on different chains, with the help of encrypted data and identical wallet addresses as both chains are ERC20 based.
The encrypted code includes the necessary information which is required to verify the transaction on different chain, to ensure the quantity to mint and deliver the tokens to correct chain and wallet address.
The protocol will maintain the total supply of tokens across all chains i.e. if the total supply of WAP tokens are 21 million then the total supply of WAP token including all chains will be 21 million, unlike other tokens which haves supply on multiple chains and their total quantity of all chains exceeds their total and max supply

Benefits Of Using WapSwap

WAP$WAP allows users to exchange tokens on its Binance Smart Chain and earn fees in the process. Unlike other DEXs, WAP$WAP is decentralized and swaps BEP20 tokens on the Binance Smart Chain. By using this platform, you can also trade the digital currencies on the blockchain without any third party. The LP token allows you to deposit and withdraw funds, and it is used to provide liquidity for the network.WAP$WAP operates on the Binance Smart Chain network and supports the BEP-20 token. It is based on the Binance Smart Chain network, which has a lot of benefits. The WAP$WAP liquidity pool is one of the top DEXs in the world. This decentralized exchange can accommodate a large number of different currencies.