Introducing 3swap
The name “3SWAP” should have sold us off but if you are still reading this, it means you want more….
So, what’s 3swap? Simple…
Take your conventional dexes like Uniswap Or Pancakeswap and replace the ability to “swap-one token for one” with the “ability to swap two tokens for one instead.”
Oh, that’s not all…
The tokens you are swapping don’t necessarily have to be built on the same chain, 3swap is cross-chain oriented. That is;
You can swap BNB (bep20) + ShibaInu (bep20) for (=) ETH (erc20)
Faster and cheaper!
The extra power you get isn’t just streamlined to swapping of tokens alone, the advantage pours into liquidity provision. With 3swap, providing liquidity becomes more profitable!
Now you earn more by providing liquidity for three tokens instead of the normal two.
Impermanent loss?
The one problem liquidity providers fear.
3swap understands that without you providing liquidity, dexes can’t operate smoothly and seamlessly, hence the reason we are introducing an NFT-backed system of providing liquidity to mitigate “impermanent loss.”
How?
An NFT represents a liquidity pool. Upon mint, 80% of your mint fee is divided and added to a pool the NFT is representing. As a holder of the NFT, you get liquidity pool reward emissions.
A bit confusing? Let me explain…
NFT A represents an FTM-AVAX-ETH pool.
You mint the NFT A for 300$, your 300$ is used to purchase FTM, AVAX, and ETH (100$ each) and added to the pool. You get the liquidity pool rewards emitted to you as scheduled.
You can sell the NFT back into the market at the same price you bought it.
On the plus side, due to the volatility of the market, 3swap adjusts its LP emissions to favor its liquidity providers. You help us transact seamlessly; we ensure your service is compensated!
So, this is 3SWAP…your conventional dex with extra powers…
Visit 3swap.io to know more
