Thread by @notEezzy

This is a must-read thread for every Defi trader in the crypto ecosystem.

It is a complete guide and manual that will help make your journey in the DeFi space smooth and stress-free.

Let's take a walk into the extraordinary world of DeFi @CroswapOfficial provides.

A thread 🧵

1/ Introduction

Croswap is a multi-chain community-driven DEX built for crypto users who value low cost trading fees, security and transparency. It can run on any EVM-compatible blockchain network.

Croswap has a dynamic platform that enjoins builders and consumers to enjoy its benefits under an umbrella without causing harm or discomfort to each other.

It also focuses on the main needs of traders in the space which ranges from security to low fees & speed

2/ Why Not Croswap?

Croswap opens door to everyone in the crypto ecosystem, those who are new to the game as well. This is why it a user-friendly platform to aid everyone by easy accessibility

It is easy to understand, very secured and its fees are low and very affordable.

3/ Pillars of Croswap

🔥 Yield Farming
🔥 Liquidity Pools
🔥 Exchange
🔥 Trading

These are the strong suits or Croswap and it is no lie traders look for platforms that provide the best of these.

These pillars will be explained properly in the following tweets. Keep following.

🔥 Yield Farming

With yield farming, users can easily lend/borrow assets on Croswap and earn Crypto in return for their services. Yield farming on Croswap can help users maximize return with little or no risks attached.

🔥 Liquidity Pools

Users on Croswap can provide liquidity into projects of their choice thereby exchanging their assets for LP tokens which can give holders passive income from trading fees.

Croswap provides a smooth trading experience for its user.

🔥 Exchange

Traders who are looking for fast transactions with low fees accompanied with easy-to-understand UI are welcome to Croswap.

With Croswap, you enjoy the benefits of DeFi at its peak with permission to expect more..

🔥 Trading

Croswap speedily facilitates transactions between users in a secured manner. And for transparency's sake, everything is recorded on-chain.

In Croswap, you have complete control over your assets and have power over how you deem them fit to use.

Breakdown in Fees Acquired:

💫 40% of the generated fees goes to Croswap's treasury

💫 30% rewards in fee will be shared with $CSX stakers

💫 20% goes to ecosystem development funds for building

💫 10% for buyback and burns to reduce supply and increase scarcity/demand

4/ $CROS vs $esCROS

$CROS is the main token of the Croswap ecosystem with a handful number of utilities. Holders can enjoy private events, games and raffles, stake to receive rewards, earn revenues and enjoy proceeds from yield farming

$esCROS on the other hand is the token received by yield farmers on locking up $CROS which helps in supporting the growth and value of $CROS.

Furthermore, users can vest $esCROS for 180 days to receive $CSX as reward.
Users can also vest for 360 days to receive $CSX as reward.

5/ $CSX vs $esCSX

Both tokens backup the Perpetual Dex in Croswap. Users get $CSX in rewatds when they stake $esCROS / $esCSX which can also be acquired from open markets.

Breakdown in Fees Acquired:

💫 40% of the generated fees goes to Croswap's treasury

💫 30% rewards in fee will be shared with $CSX stakers

💫 20% goes to ecosystem development funds for building

💫 10% for buyback and burns to reduce supply and increase scarcity/demand

6/ $CROS Bridge

The Arbitrum/Cros Bridge opened officially on the 18th of April and alot of users have praised the effectiveness of Croswap in making it easy, fast and without bugs.

Croswap enables facilitation of $CROS transfer easily to other networks with fast verifications

7/ Events & Activities

🌟 NFT Collections
🌟 Battleship
🌟 Raffles

All revenues from $CROS collection will serve as extra utility to support the Croswap ecosystem.

50% will be invested into the Universal Sustainable Growth Fund. The other 50% to Company Expenses.

🌟 Battleship - gaming on Croswap offers reward based on NFTs held. Users can also improve the gaming experience by burning $CROS.

🌟 Raffles - Croswap employs a raffle system likened to a lottery where users are rewarded based on the amount of tickets won in a pool.

8/ Conclusion

Croswap is a DeFi platform to bank on. If you have decided to enjoy DeFi to the core without harbouring stress and futility. Why not try Croswap?

Social Platforms:

Telegram: t.me/CroSwapOfficial
Discord: discord.gg/croswap
Twitter: @CroswapOfficial
Medium: medium.com/@CroSwapDEX
Website: croswap.com

#croswap #DeFiChain #DEX