iGNITE DAO Profile picture
Feb 27 19 tweets 7 min read
What is ArcherSwap? @archerswapcore
we'll be looking out on what archerswap is all about and it's features
and why they should be your next Moonbag like shadow,LFGSwap

✅WHAT IS ARCHERSWAP
✅WHY ARCHERSWAP
✅GOVERNANCE
✅TRADE MINING
✅WHAT IS BOW
✅ARCHERSWAP LENDING
A 🧵🧵🧵
@archerswapcore WHAT IS ARCHERSWAP
ArcherSwap is a crypto world for users to trade, earn, and game.
It’s the best choice for projects on Core Chain with features including AMM, NFT,GameFi and launchpad.
ArcherSwap is a Decentralised Exchange (DEX) built on Core Chain unlike Centralised Exchange
(CEX) like Binance, Kucoin, Huobi and others.
DEX provides more secure way for users to buy and sell digital assets (cryptocurrencies) as DEX relies on Smart Contracts and does not hold users’ assets.
In ArcherSwap, is our commitment to protect users’ assets through thorough
thorough security check on our Smart Contracts by our own Developer Team as well as 3rd Party Smart Contract Auditor.
@archerswapcore WHY ARCHERSWAP
AcherSwap runs on Core Chain, a blockchain with lowest transaction fees than other EVM blockchains.
Multiple Earning Opportunities such as
1. Earn BOW through Trade Mining :Swap any tokens on ArcherSwap and you will get BOW as rewards for every trade to offset ur
gas fees
2. Earn BOW through Yield Farms : Stake BOW LP token to earn BOW. You get LP tokens through providing tokens in Liquidity Pools (LPs). @archerswapcore
3. Earn Tokens through Staking Pools : Stake xBOW to earn free tokens
4. Earn Trading Fees : Like other AMM decentralized exchanges, you can earn trading fees when you stake your tokens in Liquidity Pools (LPs).
GOVERNANCE
Use BOW to vote for projects: growth funds and other utilities in the future.
xBOW
0.05% trading fee will be used to buy back BOW and is rewarded to xBOW stakers
@archerswapcore #CoreDao_Org
WHAT IS TRADE MINING
trade mining is a new system introduced in the crypto market,where archerswap rewards you for trading on her dex.
Each time you swap any token on archerswap, you get reward in $BOW token.
WHAT IS BOW
$BOW, is ArcherSwap’s native token as well as a DEX’s farm reward token.

The total supplies for $BOW is cap at 18,921,600 $BOW.
$BOW is a deflationary token which the supply will only go down over the time through ArcherSwap burning mechanism.
The Burning Mechanism consists of :
1. Launchpad fees (partially buyback and burn)
2. Games like Lottery, Coin Flip and etc.
#CoreDao_Org #CoreDAO @archerswapcore
3. ArcherSwap NFT Sales Revenue(partially buyback and burn)
4. Secondary ArcherSwap NFT Commissions
Note: $BOW farming only last for 36 months! Make sure you get ready for it! Presale will be announcing soon as website goes live, stay tune!
ARCHERSWAP LENDING
ArcherSwap is not just a Decentralised Exchange (DEX) but also Lending Protocol as well. Let’s dig ahead what’s hidden within ArcherSwap.
Lending is a very crucial protocol in every chain, ArcherSwap is going to be Core Chain #1 Lending Protocol.

Why is Lending Protocol important?
Simple as Lending protocol provide users a choice to supply their precious $CORE in exchange for other stablecoins or blue chip assets
like $BTC and $ETH.
However for users whom a stablecoins supplier, they can borrow blue chip assets from ArcherSwap such as $CORE, $BTC and $ETH.
#CoreDao_Org #CoreDao_Org
Why does ArcherSwap’s DEX and Lending combined?

ArcherSwap is not just provide users a DEX features which to buy/sell tokens but a protocol that provide one stop solution for users to receive all sort of financial services offered by Decentralised Finance (DeFi).
Therefore, ArcherSwap will ease users’ burden from switching multiple protocol hassles to get different services like DEX and Lending.
with this, the core blockchain now has competition. @Shadowswap_xyz and @LFGSwap @FlameFinance @CoreBookApp to up the game.. the fun is just getting started let's go @archerswapcore

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