2021-09-21
CoinSwap.io is a revolutionary swap protocol that’s setting a new standard and bar for the AMM model that the cryptocurrency sector loves.
Unlike many DEXs today CoinSwap.io is a fair and transparent decentralized cloud (DeCloud) trading platform.
What separates CoinSwap.io?
There are numerous characteristics that separate CoinSwap.io from the other swaps in the blockchain space. One important characteristic is that there was no pre-sale of tokens, no ICO, and no pre-mining. Therefore, the tokenomics are sound and the project’s integrity is retained unlike a lot of projects in the space that don’t launch with the same long-term aims.
CoinSwap.io is working towards becoming a leader in the blockchain industry. Eventually, the goal is to be the destination of all market participants that want to swap coins and liquidity mine when they’re able to.
Participants that want CoinSwap.io’s native token known as COINS will need to acquire their coins just like everyone else - through the market by buying COINS or by mining COINS.
Another attribute of the platform is the supernode NFT and referral reward program that rewards users based on their activity flowing through the protocol.
The writing is all over the wall that this protocol is the future of DEXs and CoinSwap.io is prepared to prove this when it launches on BSC soon.
Early on in this process participants that are active and helping grow the network will be rewarded with airdrops - more will be released on this in the coming days.
One of the most uncommon things that CoinSwap is doing is processing transactions with their own native token and using COINS to pay for fees through the protocol. The deflationary economic model is similar to EIP-1559 on Ethereum where over time the gas function burns part of each Ether sent across the network. Over time this will make Ether deflationary and this works the same way with CoinSwap.io’s COIN.
With the CoinSwap.io launch forthcoming, here’s a bit more information on COINS and how COINS will be distributed by airdrop in the early stage. The first round of COINS airdrops will be distributed for free to addresses (not contract addresses) who have recently traded and added liquidity on PancakeSwap, Mdex, Ellipsis, Biswap, ApeSwap, BakerySwap, DoDo, BabySwap. The airdrop ratio of each Swap will be determined through a Twitter Poll.
CoinSwap.io is dedicated to keeping users up to date with new information and opportunities with the project - make sure to follow the social media channels below for updates to ensure you don’t miss anything as the project launches and grows!
CoinSwap.io official contact information:
E-mail: media@coinswap.io