The Swappery is the first cross-chain Decentralized Exchange (DEX), built for the Casper Network. We are happy to announce this as being the first significant milestone to expanding and improving the Casper Network ecosystem to be one of the leading in the industry!
What is a Decentralized Exchange (DEX)?
A decentralized exchange (or DEX) is a peer-to-peer marketplace where transactions occur directly between crypto traders. DEXs fulfill one of crypto’s core possibilities: fostering financial transactions that aren’t officiated by banks, brokers, or any other intermediary. Many popular DEXs like PancakeSwap and BiSwap run on the Binance Smart Chain. The Swappery is the first DEX on the Casper Network.
The Casper Network
The Casper Network is the first live proof-of-stake blockchain built off the Casper CBC specification. Casper is designed to accelerate enterprise and developer adoption of blockchain technology today and evolve to meet user needs in the future.
The design of Casper ensures a high-quality blockchain without sacrificing usability, cost, decentralization, or security. These characteristics ensure a premium foundation to build on.
The Swappery Vision
The Swappery will be the first DEX to launch on the Casper Network. Being cross-chain, we aim to be the first major use case for the CSPR token. Our DEX will let you swap your CSPR tokens with any other liquidity available. Starting with Casper and Binance Smart Chain, The Swappery will soon expand to other chains like Ethereum, Fantom, Terra, and others.
Problems The Swappery aims to solve
Casper Network has proven to its large community that it is abundantly packed with potential. The Swappery aims to be the first cross-chain DEX between EVM-friendly chains and Casper, giving thousands of Casper holders the opportunity to make great use of their Casper Tokens.
The Swappery Team
The Swappery is built by members of the Casper community and early Casper investors. We have come together to put the Casper Network potential to great use. Combined we are professionals in Blockchain, DeFi solutions, Development, Marketing, IT, Research Analysis, and Finance. Having experience in successfully launching multiple projects, we are confident in the success of The Swappery! Together we will build the Casper ecosystem the be one of the Top 20 blockchains in the world.
Partners & Advisors
The Swappery has founded partnerships with the industry’s finest regarding finance, blockchain development, web development, research analysis, and marketing. These strengths further enhance the expertise of the team and ensure we will deliver what we promise.
The $SWPR Token
The SWPR token is used as a native DEX token and will be used cross-chain — making it the first token that is included in the Casper ecosystem. In addition to this, the SWPR token is used for rewards, burns, and other systematic needs. It is directly compared to CAKE from BSC.
A breakthrough in tokenomics building: there are no team or airdrop tokens! The Swappery believes in its success, and success rewards are more sensible than free tokens. Full details on tokenomics will be published soon.
The Swappery will launch on CasperPad, make sure to follow all the socials below to stay up-to-date with the latest!
How do I …?
In the coming days, we will publish more articles with all the important what, where, and how’s regarding The Swappery. Make sure to follow all our socials below to stay up-to-date with the latest. Time to get Swappy!