hey guys,
in this article , i will introduction about defi and DAOSWAP. before i explain about DAOSWAP you must know about trend now in crypto trading world it's DEFI . DEFI most new populers now.
DeFi stands for "Decentralized Finance", which includes various financial applications in cryptocurrencies directed to reduce financial intermediary issues. Defi plans to evolve financial services in the real world, even some experts predict they will replace banks around the world with the concept of DeFi . DeFi is highly favored by investors today in 2020 probably until the following year . these are some of the reasons why DeFi has many benefits that the community likes:
Fees are so cheap compared to traditional money in terms of transactions, even than international money DeFi is much better.
does not require any diamond permission to stand. the nature of the defi is decentral, which weighs no one has the right to control this difficult defi to be monopolized.
there is no minimum limit on joining, when compared to banks that have minimum amount of DeFi tends to have no minimum or maximum limits.
Peer to Peer network, p2p transactions are 2 person transactions directly without intermediaries quickly and at a low cost.
Security tested, Some defi have security that has been contained in it to protect people's assets as well as from dangerous searangan. the ordinary, data storage is stored on more than one computer, making it more secure.
By learning the benefits of DeFi even we ourselves must also be interested in joining and take advantage of the concept, defi kosep has just been popular this year and it is not too late to study and join them. Here we will study a DeFI related project called DaoSwap, they are DeFi that aim to invest with as much return as possible assets invested.
About DaoSwap
DAOswap is a decentralized platform that is not controlled by any central authority, In the case of a central investment or financial system, governance is carried out by a single entity. Such a system is not transparent. DAOswap on the other hand operates based on distributed ledger technology. The entire network is transparent and the yield growers are calculated for every penny they put in.
This platform allows users to enjoy complete freedom. Where one can stake, deposit into the liquidity pool, and engage in yield farming with ease and comfort. DAOswap has a user friendly Interface and helps people by providing clear navigation.
DAOswap does not involve any third party intermediaries or payment processors. This application is based on Peer-to-Peer (P2P) technology. This increases transparency and anonymity.
DAOswap feature
- Decentralized
- There is no intermediary
- It’s safe
- Automatic
The decentralized application (DApp) is built on top of the Ethereum blockchain. Every transaction is recorded on a block. These blocks are actually thousands of computers around the world. A copy of your transaction details will be on every node and is impossible to tamper with.
Token details
● Token Symbol: DVS
● Blockchain: Ethereum, ERC20
● Public Sale Token Price: 50DVS / ETH-36DVS / ETH
● Total Token Supply: 50,000 DVS
● Soft Cap: 250 ETH
● Hard Cap: 600 ETH
Allocation token
Token sale: 50%
● Staking & Farming Rewards: 25%
● Marketing & Development: 10%
● Liquidity: 10%
Team: 5%
● Total Token Supply: 50,000DVS
Initial Supply & Vestings
Inital Supply: 50% (25000 DVS)
● Liquidity: 5000 DVS + 200 ETH
● Marketing & Development: 1 Year Locked
● Team: 1 Year Locked
● Staking & Farming Rewards: Release As Per Requirement
● Uniswap Listing Price: 25 DVS / ETH
In many cases, DeFi dapp developers issue governance tokens, which means to change the above smart contract code rules must involve community approval, it cannot be changed by only one party.
Roadmap
● 2020 Quarter -1
Conception, Market research, and prototype design.
2020 Quarter — 2
DVS token Creation. Smart contract development and audits. Liquidity pools developments and security audits.
● 2020 Quarter — 3
Private Sale & Presale offering (October, 2020). Listing on Uniswap and other swaps. Inter protocol integration. Accepting digital assets pool. Yield farming.
.Swaping — Staking & Yeild Forming Platform Launch
.AMA Events with Four Top Rated Blockchain Telegram Channels
● 2020 Quarter — 4
Test net launch Wallet launch Main net and other advanced security infrastructures launch.
.Coinmarketcap Listing
.CoinGeko Listing
.Step By Step Token Listing in CEX Exchanges
The conclusion
DAOswap is a game-changing DeFi project and an excellent decentralized exchange for cryptocurrency investors. It has amazing features like flexible liquidity pool, automatic market creation, advanced matching algorithm.
I am sure you are like me, very interested in DAOswap, with all its future developments.
But as you can see, the DAOswap team has a solution of its own. In addition, the project technical documents describe each of them in more detail. The link I will leave in the description of this article.
At the end of my review, I want to wish the developer the success of the path they want, as well as the implementation of all their plans.
I am happy to share with you a unique solution to the above problem. Hopefully my article is useful and interesting for you.
DAOswap official resources:
● Website: https://daoswap.app/
● Whitepaper: https://daoswap.app/downloads/whitepaper.pdf
● Telegram: https://t.me/daoswap_chat
● Twitter: https://twitter.com/daoswap
● Reddit: https://www.reddit.com/user/daoswap2021
● Medium: https://medium.com/@daoswap2021
● Youtube: https://www.youtube.com/channel/UCikgBUoBb7CArvwyQLfntzw
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