1/ who is founder?
The sole founder is DJ Qian, he’s also the co-founder of Anyswap, founder of Fusion, co-founder of Vechain, co-founder of QTUM, and CEO of Bitse.
1.1/ His goal is to create a more fair, equitable and decentralized finance!When you hear this name you realise that you are dealing with a serious project
2/ 2/what is cross-chain
Before starting I will try to explain cross chain.Cross chain enables swapping of tokens between different blockchains ecosystem. It allows swaps directly on another chain without a central authority.
3/ Cross chain feature
It is a cross-chain and this feature allows the users to connect between different blockchains and transfer their assets. The thing which I liked most is that it does cross chain transactions with only 0.01$ FSN fees
3.1/ For those, who do regular cross chain transactions(e.g from harmony chain to BSC or Ethereum chain ETC)they know that they don’t work properly and you end up increasing gas fees. In #CHAINGE you can gather all your money from multiple chains to one place without nuisance.
3.2/ e.g you have 200 in ethereum, some chunk in BSC… you can gather all that in one place ) Of course bridging option is there but it is time consuming, requires a lot of fees and is more prone to flash loan attacks
4/ digital bank
According to team “Chainge Finance” want its users to have digital Bank which has smart contracts , deposits and payments. And all of this is just one touch away!
4.1/ No middle man
say good bye to the middleman,
bureaucracy and ETC. Use Escrow payroll or profit sharing smart contract or in simple words build your digital bank. Enjoy Functions such as liquidity providing, Loans, requesting payments and ETC
4.2/ bank level security and services whenever you want ( P.S no weekend closures lol 😆) services in digital bank are without any break!
5/ Chainge Dex
The decentralised exchange app of Chainge offers spot trading, P2P(peer to peer) and futures trading.They also launched a DeFi options Dex. If I am not wrong this is the first DeFi options Dex
6/ security of Funds
When we use centralized exchanges our funds are usually in control of a centralized authority and they can freeze funds whenever they want but that’s the not case here! You have control of your funds which gives a sense of security.
7/ App
The mobile App of Chainge Finance is available in AppStore and also on Playstore.I found it very user friendly, do check it out!
8/ Liquidity Pools
They are also offering liquidity pools to earn APY.There are quite a lot of pairs for that.
9/ Tokonomics and marketcap
At the time of writing
-Circulating supply : 110M
-Max supply : 814M
-TVL : 139M
-Marketcap: 4.2M
10/ No pre-sale No ICO
There was no presale and no initial coin offering! $CHNG believes in decentralization and equality.According to them even the team does not hold any coins and it is all community based(Good for retailers)
11/ Token burning
You will be amazed after knowing that 25% revenue of project on yearly basis will be used to buy $CHNG token and burn it! Amazing isn’t it ?
I tried to Make it as simple as possible so that everyone can understand this project. If I missed important points then do write. Like retweet and follow for more threads.
That’s it folks ! As you were ✌🏻❤️
There is a confusion regarding this topic and I will try to remove this confusion
A thread 🧵 @KaspaCurrency
1/ It’s a coin not a Token
First of all, I want to clarify that $KAS is not a token but It is a coin. I have seen many on CT calling it a token.
The CoinMarketCap also mentions it as a token but it is a error!
2/ difference between token and coin
key distinction between coins and tokens is that crypto coins are the native asset of a Blockchain like #Bitcoin or #Ethereum. In Simple terms coins have their own blockchain!
1/11 Kaspa is currently underrated and deserves to be in top 100 coins at least (by market cap).More and more poeple are acknowledged about this project but they are not able fo understand what it is actually. I will try my best to make you understand the basics of #KASPA
2/11 The founder
The founder of Kaspa is Yonatan sompolinsky, postdoc CS at Harvard university on MEV Research Team. His 2013 paper on Ghost Protocol is cited in Ethereum whitepaper ( that’s huge guys)