DeFi is a protocol that was developed to become a decentralized financial platform that users can use for their various crypto needs such as swaps, staking, farming, etc. The presence of the DeFi protocol makes it easier for users to gain access to a more modern, innovative, and secure financial platform compared to a centralized exchange platform. Because users only need to connect to the DeFi platform to be able to use its various features, there is no need to sign up or KYC. Therefore, many crypto users are now using the DeFi protocol.
But as we know that the DeFi protocol is rolled out in several different chains, such as BSC, ETH, etc., and we cannot send tokens with the BSC protocol to a platform that only supports the ETH chain and this is the problem. And for that, WapSwap was launched to become a Cross-Chain Swapping Protocol which will make it easier for users to be able to trade tokens across different blockchains without the need for a third party. But not only that, WapSwap also provides several DeFi features which will help users such as staking, swapping, and farming.
Cross-Chain Swapping Platform
As it is known that the BSC protocol was launched with different chains. Some are launched on the BSC chain or ETH. However, we cannot use the BSC chain on a platform that only supports the ETH protocol and that has been the problem until now. But now there is a solution to this problem, namely by using a platform that supports cross-chain protocols which will help users to be able to trade cross-chain without the need to go through a third party. Platforms that support cross-chain protocols are needed today, as many tokens are being launched across multiple chains globally. And this is the solution offered by WapSwap, a platform that provides support for cross-chain trading and will help users to trade easily and securely. And also WapSwap provides various DeFi features which will help users to swap, stake, and farm easily and securely.
Launched on the BSC platform, WapSwap will provide users with a DeFi platform with Cross-Chain Swapping Protocol which will make it easier for users who want to trade cross-chain or want to use various DeFi features for their various needs.
WapSwap Features
WapSwap is a DeFi platform with a cross-chain protocol that will help global crypto users to trade cross-chain easily and securely. The features offered by WapSwap enable users to not only be able to do cross-chain trades but also access various DeFi features which will help them fulfill their various crypto needs. But that's not all, there are several other features of WapSwap:
DApp: by running on a P2P network of computers, WapSwap will provide users with a DeFi platform that is decentralized, secure, and free of intervention from any party.
Smart Contracts: by supporting smart contracts, users will be able to conduct transactions more securely without worrying about security or manipulation.
Safe & Secure: in collaboration with audit platforms such as CertiK, WapSwap will ensure that vulnerable areas are addressed promptly, so users can enjoy a secure platform they can rely on.
Tokenomics
As a DeFi platform of course WapSwap will launch a cryptocurrency that will facilitate user transactions on the platform. WapSwap allows users to get these tokens easily through supported exchanges. These coins, known as the WAP token are BSC and Polygon-based tokens launched to users which will serve as utility tokens. Users can use this WAP token for their various needs, such as payments, staking, etc. This is a native token from WapSwap which in the future will support the development and operation of the platform.
To conclude
With the presence of the cross-chain protocol, it is easier for crypto users to be able to trade cross-chain without the need to go through a third party so that user trading can be more secure and free of intervention. And WapSwap is here as a platform that supports cross-chain protocols which will make it easier for users to be able to trade cross-chain. With the WapSwap solution, users can not only make cross-chain trades easy and secure, but they can also access various DeFi features which will help meet various crypto needs of users such as swap, staking, and farming. WapSwap aims to be a DeFi platform that will make it easier for global crypto users to trade across chains and gain access to various DeFi features.
Connect with WapSwap
WEB: https://wapswap.finance/
TWITTER: https://twitter.com/WapSwapFinance
