What is the issuance volume and issuance price of PSWAP coins?

The Binance Smart Chain market is growing rapidly, and PorkSwap is its new hottest product. In fact, PorkSwap is a decentralized spot and futures trading platform. Its mission is to democratize financial access by introducing current financial products in a decentralized manner related to the concept of decentralized finance. The project can be said to be a major disruptor in the De-Fi field. PorkSwap is a unique exchange platform that provides access and opportunity for the community to decide how they want to run their finances. So what is the issuance volume and issuance price of this PSWAP coin? Let me tell you about it below.

#What is the issuance volume and issuance price of PSWAP coins?

PSWAP coin issuance volume is 1,000,000PSWAP, and the issuance price is US$3.6. PorkSwap is a smart contract on-chain system on Binance Smart Chain that implements an automated liquidity protocol based on the "constant product formula". Each PorkSwap pair stores the pooled reserves of two assets and provides liquidity for both assets, maintaining the invariance that the reserve product cannot be reduced. Traders pay 20 basis points for trading, with 15 basis points for liquidity providers and 5 basis points for the buyback and destruction of PSWAP tokens. Contracts are not upgradeable.

What makes PorkSwap different from other spot exchange platforms is that PorkSwap is more flexible, cheaper, and faster because it is powered by Binance Smart Chain. The platform will initially launch its spot trading platform as an index for perpetual futures contracts. The platform introduces margin trading, where lenders can earn 2.5% interest on loans every day, and traders can borrow funds for leveraged trading to increase profit opportunities. Futures will be powered by custom oracles on Binance Smart Chain to provide the latest time-weighted average price.

What about PSWAP coins?

According to the investigation, the current transaction volume of the PSWAP project has dropped to zero, and the project party has abandoned the project. Projects that have been abandoned by the project owners usually have a higher level of risk and are therefore not suitable as investment options. Investors must be cautious when investing and fully consider the risk factors of the project.

PorkSwap is a decentralized financial platform operating on the Binance Smart Chain, aiming to promote democratization in the financial field. Its goal is to expand the concept of DeFi so that more people can participate in the financial market. Currently, most DeFi exchanges mainly focus on spot and futures trading, while PorkSwap is committed to expanding its service scope to cover a variety of financial products such as loans and derivatives. This comprehensive financial service model helps meet the diverse financial needs of users and makes the DeFi ecosystem more comprehensive and healthy.

Porkswap aims to introduce current financial products in a decentralized manner and become a disruptor in the De-Fi field. Our journey begins with spot and futures trading. After the 2008 financial crisis, regulators and large institutions did not have enough trust to control global financial markets. By driving democratized access to De-Fi and the PorkSwap platform, our goal is to achieve full community governance, and we take this very seriously!

Using PorkSwap tokens, on our governance platform, you will have the opportunity to participate in creating polls and voting to support modifications to the protocol. These modifications may involve our operating methods, sources of platform revenue, incentive policies, etc. aspects, thereby contributing to creating a better world.

The editor provided a detailed answer on the issuance volume and issuance price of PSWAP coins. Uniswap has performed well as the market leader in DeFi spot trading thanks to its unique automated market maker design and highly sought-after projects. However, it should be noted that Uniswap is built on the Ethereum blockchain, so its gas fees are relatively expensive. In contrast, PSWAP chose Binance Smart Chain because it is an improvement on the Ethereum network and has cheaper gas fees, 10 times cheaper than Ethereum. This is also the reason why the project chose Binance Smart Chain.

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