It's hard to believe that @wanswap, the #Wanchain ecosystem's leading #crosschain AMM DEX, has yet to be featured in a #FridayThread! 🐝
Today, this oversight is rectified.
📚: wanswap.finance
🧵
Today, this oversight is rectified.
📚: wanswap.finance
🧵
A #DEX, or decentralised exchange, is a p2p marketplace where asset swaps and transactions occur directly between users.
An #AMM, or automated market maker, is a protocol that relies on liquidity pools and mathematical formulas to price assets.
@wanswap is both.
An #AMM, or automated market maker, is a protocol that relies on liquidity pools and mathematical formulas to price assets.
@wanswap is both.
WanSwap leverages #Wanchain's wide area network of blockchains to enable crosschain asset swaps.
With @wanswap, users can stake and swap tokens from more than 17 layer 1 and layer 2 networks including #BTC, #ETH, #AVAX, #DOT, #WAN, #LTC, #XRP for negligible gas fees.
With @wanswap, users can stake and swap tokens from more than 17 layer 1 and layer 2 networks including #BTC, #ETH, #AVAX, #DOT, #WAN, #LTC, #XRP for negligible gas fees.
Users can also add liquidity on @wanswap to earn transaction fees. In some cases, this liquidity, in the form of LP tokens, can be restaked to receive additional rewards in the form of $WASP.
$WASP is WanSwap's governance token.
$WASP is WanSwap's governance token.
Other dAPPs like @ZooEcosystem and @autofarmnetwork can be used in conjunction with @wanswap to execute advanced #DeFi strategies and maximise returns.
Learn more about Autofarm here:
Learn more about the Zoo Ecosystem here:
Learn more about Autofarm here:
https://twitter.com/wanchain_org/status/1553058316410044417
Learn more about the Zoo Ecosystem here:
https://twitter.com/wanchain_org/status/1565694336985079809
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