VAULTSWAP- PROVIDING DEFI ASSETS SWAPPING SERVICES TO THE WORLD

5 min readDec 18, 2020

VAULTSWAP- PROVIDING DEFI ASSETS SWAPPING SERVICES TO THE WORLD

Cryptocurrency exchange which is sometimes called a digital currency exchange can be described as a business that enables people (buyers and sellers) to trade Cryptocurrency for other assets like conventional fiat money or even other crypto-assets.

The rapid growth of this industry has led to an increased number of crypto exchanges, and most of these exchanges are only for trading crypto-assets. As a result of this, finding an exchange where traders and crypto users can easily swap their assets for another becomes very difficult.

Swapping in cryptocurrency has many advantages which include hedging risks, allowing people to borrow at low cost, providing access to new financial markets, serving as a tool to correct Asset-Liability Mismatch, etc. All these and many more show the need for an exchange that will enable the swapping of cryptocurrencies. But there is good news, which lives in VAULTSWAP EXCHANGE.

VAULTSWAP- A UNIQUE EXCHANGE THAT IS BUILT FOR SWAPPING OF CRYPTOCURRENCIES

VAULTSWAP is a unique, and decentralized exchange where crypto-assets can be swapped to other assets. It is also a yield farming and staking application that is powered by the powerful Ethereum blockchain.

One thing about this reliable exchange is that it allows users to exchange their assets without the need or an intermediary, which means there is no need to send anything to anyone which is impressive. To crown it all, VAULTSWAP is highly secure, thereby allowing users to swap their assets without any fear of asset loss.

This Exchange is built with a user-friendly interface to enable its users to swap their assets without passing through any unnecessary stress. Its process is very simple making it easy for assets to be exchanged for another in just a few clicks. Another interesting part of VAULTSWAP is that users don't need any special wallet or software for it.

All that users are required to swap their tokens is just their assets, a browser, and a wallet address for the assets they are swapping into, and in a twinkle of an eye, the asset will be swapped because VAULTSWAP is super fast and does not require many processes.

VAULTSWAP- A DECENTRALIZED EXCHANGE THAT PROVIDES CROSS-CHAIN ASSET-TO-ASSET SWAPPING

The inability of blockchain networks to communicate and share information with other blockchain networks has become a challenge to blockchain technology, but VAULTSWAP makes this possible by providing its users cross-chain asset-to-asset swapping.

A Cross-Chain is an emerging technology that seeks to allow the transmission of value between different blockchain networks. It makes it possible for different blockchains to communicate with one another without the help of a third-party or intermediary.

As an innovative exchange, VAULTSWAP provides its users with direct cross-chain asset-to-asset swapping which is independent of wrapped ERC-20 tokens or any other synthetic assets, thereby allowing its users to swap their tokens from one blockchain network to another such as swapping BTC to ETH and so on.

VAULTSWAP AMAZING FEATURES

VAULTSWAP offers amazing and attractive features to ensure that users have an extraordinary exchanging or swapping experience. These features include:

INSTANT OPERATION: Swapping on the VAULTSWAP's platform is quick and fast, because it does not involve many processes, just in a few clicks your token will be swapped to your desirable token.

IDENTITY PROTECTION: The VAULTSWAP Exchange puts users' safety, security, and privacy first, ensuring that users' transaction activities are kept private thereby protecting the user’s identity.

ZERO TRANSACTION FEES: This is an interesting feature indeed, unlike other exchanges that charge high fees for transactions, VAUTSWAP comes with no transaction fee which will enable swappers to maximize their profits.

WHY CHOOSING THE VAULTSWAP’s EXCHANGE

There are many benefits that anyone can get by using VAULTSWAP. They are:

STAKING: This is a process of actively participating in transaction validation on a proof-of-stake blockchain. Users can earn a reward when they stake on VAULTSWAP with a 30% Annual Percentage Rate (APR) which can be unlocked at any time.

LENDING: This provides users with the highest yield in the market with about 26% APR for supported coins such as DAI, USDT, BUSD, USDC, etc.

YIELD FARMING: Yield farming is a way of generating rewards with cryptocurrency holding. It is also known as liquidity mining. VAULTSWAP allows users to maximize their yields by providing liquidity in VAULTSWAP and Uniswap protocols, and this enables them to get up to 200% APR.

NFT MARKET: Non-fungible token allows users to create unique collectibles. On the VAULTSWAP platform, NFT owners have full control of their collectibles, and they can sell them at any time or keep them for their personal use.

VAULTSWAP TOKEN

VAULTSWAP like other platforms has its token which is known as VAULT. It is an ERC-20 compatible token that is built on the Ethereum blockchain. The total supply of VAULTSWAP’s tokens is 200,000 VAULT.

1 ETH is equivalent to 20 VAULTS currently. Although VAULT is based on Ethereum, it plans to be supported on other EVM (Ethereum Virtual Machine) supported blockchain like Binance smart chain.

CONCLUSION

VAULTSWAP is transparent, reliable, and secure. It is built to ease the unnecessary bottleneck associated with the swapping of assets. Now a tone has the opportunity to easily swap their assets. As a decentralized platform, VAULTSWAP users have control of their assets.

Furthermore, all of VAULTSWAP's liquidity pool is staked against VAULT tokens. It makes use of universal quoting and state machine mechanism, which makes it possible for swappers to swap their assets. For crypto users who are seeking for innovative and fast swapping exchange, VAULTSWAP is all they need.