Blog Post

SwapDEX to Introduce Direct Wallet-to-Wallet Limit Orders

David Hamilton • Dec 11, 2020

SwapDEX is ready to change the DeFi game forever with their latest release. The open-source DEX (decentralized exchange) announced plans to introduce direct wallet-to-wallet limit orders. The news makes SwapDEX the first platform in the sector to accomplish this task. Investors have often requested this feature because it’s more secure and cost-efficient than their current options. Consequently, SwapDEX is now on pace to revolutionize the sector moving forward.

 

Users Want More Functionality

SwapDEX was built from the ground up to compete against Uniswap directly. Uniswap is currently the number one DEX and Ethereum-based Dapp in the market. The platform helps provide much-needed liquidity in the sector. However, the Uniswap trading experience leaves much to be desired. For example, Uniswap users lack access to some of the most basic trading functions, such as limit order.

 

Limit orders allow investors to pre-set their exact buy and sell prices. While this seems like a feature that would be found on any exchange, it’s native to the centralized exchange market. DEXs are a bit different. DEXs such as Uniswap don’t offer limit orders because of how their market aggregator engines work. Market aggregators scan other DeFi liquidity pools to find the best spot price. They are extremely popular because they ensure that users receive the optimum trading price for their digital assets.

 

SwapDEX Upgrades the Entire Process

SwapDEX developers listened to the community’s concerns and devised a unique protocol to bring direct wallet-to-wallet limit orders to the market. The platform will utilize a next-level dual exchange strategy. Even more impressive is that developers were able to accomplish this task while keeping the UX top notch.

 

Swap System Protocol

The Swap System protocol is a new type of trading tool that allows users to access an easier way to trade digital assets on the blockchain. One of the most significant benefits of this approach is the added selection traders obtain. For example, the new system allows anyone to be a maker or taker straight out of their wallet. Best of all, the system provides untethered ease of access to hundreds of markets straight out of the security of your wallet. This approach reduces the number of fees you pay when compared to earlier DEXs such as Uniswap. 


Besides lower fees, various other benefits will make SwapDEX a wise decision for those seeking a more streamlined
DEX experience. Specifically, SwapDEX users have free listings for new tokens, high liquidity, and a selection of new trading functionalities to expand their ROIs. 

 

Taker or Maker

The SwapDEX ecosystem will create a truly unique and open market experience. You can choose between becoming a taker or maker whenever you trade. You can also become a liquidity provider or just swap your assets more efficiently. In this way, SwapDEX simplifies the entire DEX investment experience.

 

A Powerful Liquidity Provider

As part of SwapDEX's strategy to unseat Uniswap from the top spot in the market, the platform has added a host of features that are sure to excite investors. Specifically, projects can add their token to the exchange for free. This strategy provides the market with another powerful liquidity provider to get new projects off the ground. Anyone can create a market for their token in minutes using the intuitive interface.

 

Keeping along these lines of market inclusivity, SwapDEX invited Dapp developers to benefit from its growing community. The network features full interoperability within the Ethereum ecosystem. This commitment to interoperability means that anyone can build applications and leverage the powerful features found on SwapDEX. 

 

No Human Error

The SwapDEX ecosystem is a collection of smart contracts. These protocols dictate all the core functionality of the platform. User’s rewards, trades, and other vital components of the network function autonomously using these protocols. In this way, SwapDEX developers eliminate any chance of human error from the equation and ensure that all participants receive their rewards promptly.

 

For the People

SwapDEX's development team sought to revolutionize the sector with its next-gen functionalities. The platform champions decentralization with its governance model. Users will be able to vote on all significant network changes, upgrades, and additions. In this aspect, SwapDEX functions similarly to a DeFi platform in that users gain voting rights based on the number of governance tokens they hold. 

 

The SDX token is the governance token for the SwapDEX network. This resilient digital asset allows users to send, receive, store, stake, and trade assets in a seamless manner. Users also receive their staking rewards in the form of SDX tokens. Notably, the SDX token is an ERC-20 compatible token that enjoys the full interoperability of the Ethereum network.

 

There are hundreds of thousands of ERC-20 tokens in the market today. Additionally, there is a thriving community of ERC-20 token Dapp developers. ERC-20 tokens are by far the most popular in the world. They dominate the DeFi sector, and for good reasons. The interoperability allows developers to leverage the full potential of the market by maximizes cross-network communication. 

 

No KYC

Another draw for SwapDEX is its privacy. Users can trade, store, and receive assets without the need to fill out cumbersome KYC and AML forms. Users gain more control over their assets and privacy when they stick with DEX aggregators such as SwapDEX. 

 

SwapDEX - Additional Feature Worth Mentioning

SwapDEX has so many features to help you advance your crypto investment strategy. For example, the platform also offers P2P and In-House Loans via yield farming pools. These pools allow anyone to take the place of a bank and earn interest, lending out their digital assets directly to other users. Notably, your loan specifics are determined by the amount of equity held in the SDX token

 

SwapDEX- Tomorrow’s DeFi Exchange

SwapDEX is more than just a DeFi DEX. The platform introduces a new way to trade in a secure and cost-efficient manner. The developers behind this project succeeded in creating something unique and of value to all users. For these reasons, SwapDEX is sure to have a bright future.


Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.  
By Press Release 20 May, 2024
The team at HarpyCoin proudly announces the launch of Phase 1 of their presale. This phase has already raised over $23,000 without any marketing efforts.  With marketing campaigns starting now, HarpyCoin aims to reach $1.5 million. The Solana-based token boasts unique utilities, including staking, a DApp, and a swap feature. Learning More about the Project's Presale HarpyCoin's Phase 1 presale is live, attracting significant attention despite the absence of marketing. The project has raised over $23,000, with strong, genuine initial interest. With marketing efforts now in full swing, the team expects to reach over $1.5 million in funding. During the presale, HarpyCoin tokens are available at a discounted price starting at $0.002288. This special offer is only available during the presale period, making it the perfect time to secure HarpyCoin tokens. The presale opened on May 6 and will end on June 30. During each phase, participants can purchase tokens at a discounted price. Following the presale, HarpyCoin will go live on various cryptocurrency exchanges to provide liquidity and accessibility to the project. The team will announce exchange listings soon. Here's a breakdown of the presale phases: Phase 1: Price - $0.002288, Max Tokens - 59,000 Phase 2: Price - $0.002368, Max Tokens - 57,000 Phase 3: Price - $0.002647, Max Tokens - 51,000 Phase 4 (Final): Price - $0.002755, Max Tokens - 49,000 Listing Price: $0.003250 Utility and Features HarpyCoin stands out with its diverse utilities. Users can stake their tokens and earn appealing APYs. Staking with HarpyCoin offers regular APYs, which the team will announce once the feature becomes active. More details about the staking protocol will be available when the feature goes live. The project also offers a DApp and a swap feature, enhancing user experience. When HarpyCoin reaches a certain market cap, a surprise use case awaits. The team will launch a Crypto Fair Platform, allowing users to attend events like Token2049 virtually (online or in VR). Concerning the project's DApp, HarpyCoin introduces an advanced application and swap system. Built on the Solana network, the DApp leverages lightning-fast transaction speeds and low fees for top performance. Users can enjoy high-speed transactions without worrying about high costs. The DApp features an intuitive interface, ensuring ease of use for beginners and experienced traders. It supports non-custodial trading and offers robust security measures. Users can participate in liquidity pools, earning rewards by providing liquidity for trading pairs. HarpyCoin ensures a seamless and secure trading experience for all participants. About HarpyCoin HarpyCoin is a new project led by a dedicated team of crypto enthusiasts. The team has already successfully launched different crypto projects. With a wealth of knowledge and expertise, they bring transparency, integrity, and a commitment to delivering results. The team members are well-versed in understanding the complexities of the crypto space. By choosing the Solana network, this team wants to capitalize on its lightning-fast transaction speeds, low fees, and growing ecosystem. What drives the HarpyCoin team is a shared vision and determination to succeed. They believe in community-driven projects and fostering a vibrant, inclusive ecosystem. HarpyCoin stands out by adopting the majestic Harpy eagle as its symbol. The eagle embodies strength, power, and resilience, reflecting the project's vision. Unlike typical meme tokens, HarpyCoin aims to make a bold statement in the crypto world. Anyone interested can visit HarpyCoin's website to participate in the presale. Early investors will need to follow the instructions to complete a purchase and receive the tokens before the launch. Furthermore, the social media pages below will regularly share updates on the project with the HarpyCoin's community. X (Twitter) | Telegram | Medium
By Press Release 20 May, 2024
World of Dypians (WOD) - an immersive, groundbreaking MMORPG, has released its latest update, patch v0.2.4, on Epic Games. The team announced three new collaborations with major brands in the blockchain industry, Core DAO, Viction, and MultiversX. These visionary blockchain networks now have dedicated areas in the Downtown section of the WOD metaverse, where virtual and real-life experiences blend seamlessly. Furthermore, the new update reveals a host of exciting, upcoming features, including enhanced chain leaderboards, a new Challenger Global Leaderboard, an addition to the Daily Bonus, the Beta Pass NFT Collections, and a Premium Subscription with exclusive perks and benefits.  This event marks an important milestone in the game's development. It includes new features and strategic partnerships that will improve the gaming experience, foster community engagement, and enable WOD to reshape the virtual world landscape. What’s New in the WOD Update Patch v0.2.4? The Downtown area in World of Dypians is a futuristic territory with limitless opportunities for exploration and discovery. Players can enjoy exciting adventures and unprecedented immersive gameplay here, where some of the industry's biggest names have their own dedicated areas. The update patch v0.2.4 brings three new prestigious guests, integrating CORE, VICTION, and MultiversX, enhancing WOD's leading MMORPG reputation. The three new areas in WOD feature new quests, advanced gameplay mechanics, and fantastical elements. They introduce players to state-of-the-art technologies unrivaled by other virtual worlds, building toward a truly unique gaming experience. The addition of the new partner areas plays a significant role in the other upcoming features of WOD: Enhanced Chain Leaderboards World of Dypians features specific leaderboards for each chain, including BNB Chain, SKALE, and the upcoming CORE, and Viction networks, enabling all players to compete in a league of their own. The new update will reward the users of each chain with STARS in the Daily Leaderboard. These STARS will improve the rankings in the Challenger Global Leaderboard, where the top 10 players with the most STARS win substantial rewards. However, the Weekly and Monthly leaderboards will not undergo this change. New Challenger Global Leaderboard World of Dypians challenges players to multiple quests and adventures, delivering considerable rewards in addition to fun and excitement. The most skilled and dedicated players will fight for the summit positions in the new Challenger Global Leaderboard. Their final rankings depend on the STARS they collect from chain leaderboards and other in-game activities. More importantly, the top 10 players will be celebrated and rewarded accordingly. Daily Bonus New Addition Premium subscribers now have the exciting opportunity to open 20 chests daily from each chain, including new partners Viction and CORE. This latest addition enhances the gameplay experience as players can now gain more exclusive rewards and items. The new partner chains will also provide unique rewards and personalized adventures for every user. Beta Pass NFT Collections One of the most anticipated features in WOD's already rich suite of offerings is the Beta Pass NFT Collections. These unique NFTs are specially designed for the in-game communities and will serve as tickets for the Treasure Hunt events in the virtual world. The new partners, Core, MultiversX, and VICTION, will offer exclusive rewards and experiences as part of releasing the Beta Pass NFT collections. For example, the Core DAO Beta Pass NFT Collection will give players exclusive access to the game and the Core DAO Treasure Hunt event. This 90-day-long adventure will allow players to gain a share of the $20,000 CORE reward pool. The game will open a free minting process for all users to get this NFT, ensuring every player can participate in the treasure hunt. Similarly, WOD will host a MultiversX Treasure Hunt event for MultiversX Beta Pass NFT holders, and free minting will be available. This treasure hunt lasts 90 days and features a $20,000 EGLD reward pool. Moreover, the MultiversX Wallet Integration allows users to connect with their wallets to mint these NFTs, unlocking their access to beta testing and special events. Premium Subscription World of Dypians allows users to access new and exciting rewards as part of an exclusive experience as premium subscribers. The upcoming premium subscription will be available for new partner chains Core and VICTION, unlocking additional features, rewards, and perks. The list of unique, personalized benefits for premium subscribers, including access to exclusive areas, quests, and items, is bound to increase as the game evolves. For instance, players can purchase a premium subscription on Core DAO and access exclusive benefits, such as early access to new content, special in-game items, and priority access to events. About World of Dypians World of Dypians (WOD) is an MMORPG designed by Dypius that features advanced AI, cutting-edge graphics, and immersive gameplay. The game takes place in a virtual world that abounds in engaging quests, brand-dedicated spaces, and must-play adventures. The new collaboration with Core DAO, Viction, and MultiversX proves WOD's constant rise in reputation and appeal within the increasingly competitive Web3 space. Each new partner area boasts exceptional challenges and thrilling adventures, inviting players to explore the rich World of Dypians and uncover its hidden secrets. This charming virtual world is now home to more diverse landscapes, new characters, and endless opportunities, confirming its industry-leading position and undisputable potential. World of Dypians has recently been on a streak of exceptional developments, including ranking #1 in the BNB Chain DAU Incentive Program . This initiative ranks the daily active unique wallet addresses interacting with the project's smart contracts. Moreover, WOD has been selected for BNB Chain's Airdrop Alliance Program, onboarding 41,524+ on-chain users in the first 14 days. The program seeks to connect top projects that have yet to issue tokens with the broad BNB Chain community. Its second campaign started only a few days ago, and World of Dypians has already boarded over 5,000 on-chain users. You can learn more about World of Dypians and stay up-to-date with its development at these links: Website | Twitter | Discord | Telegram | GitHub | YouTube | Download on Epic Games |
By Press Release 20 May, 2024
MAOCAT , the first cat-themed memecoin on Ethereum, has started its presale, offering over 60% of the $MAO token supply. In a rare feat, the project has already raised more than $300,000, earning the memecoin a standout reputation before its much-anticipated launch.  MAOCAT is an up-and-coming project seeking to reshape the DeFi space and redefine NFT collecting. The self-proclaimed "first cat memecoin on Ethereum" is at its forefront as a disruptive force in a sector dominated by dog-themed and frog-themed projects. However, MAOCAT is more than a memecoin. The project has ambitious plans to develop an entire ecosystem, including staking functions, NFTs, an NFT marketplace, and various decentralized applications (dApps). Its growing list of future DeFi functions and applications will be available in the emerging Web3 landscape, offering users numerous opportunities at the dawn of the "era of cats." The ongoing presale for $MAO coins runs across 10 phases, allowing interested investors to purchase the token at a lower cost than its post-launch price. The latter may increase substantially, considering the project has already attracted considerable interest from memecoin enthusiasts and casual coin collectors. The team has put up for sale 60% of the 5 billion MAOCAT token supply spread across the 10 phases. The 1st Phase has already sold 66.27% of the 1,300,000 $MAO (+ 20% bonus), raising nearly 115 ETH. Crypto enthusiasts can easily purchase the token by connecting their wallets and paying with ETH for the desired amount of $MAO. Holding $MAO tokens gives users multiple benefits within the rapidly developing MAOCAT ecosystem. Firstly, they don’t have to pay Buy or Sell taxes on transactions. The only fees they will have to pay go toward marketing (3%), the liquidity pool (3%), and development (2%). Moreover, they can access rewards from staking, participate in the governance structure, and receive NFT token compensation. The presale for $MAO tokens ends in a little over 47 days, with the project burning any remaining unsold tokens. Early adopters have the chance to support an innovative project that has built a robust and loyal following from the beginning. About MAOCAT MAOCAT is an Ethereum-based, cat-themed memecoin aiming to make the feline a leading memecoin in a dog and frog-dominated memecoin landscape. The cat is probably the internet’s cult character, especially considering it is among the top-trending keywords in animal searches on Google. The MAOCAT project seeks to combine its popularity with a growing DeFi ecosystem full of lucrative opportunities for its users. MAOCAT plans to expand shortly, incorporating an exclusive collection of 10,000 MAOCAT NFTs tradeable in the in-house MAOCAT NFT Marketplace. Other features include a farming platform (MAOCAT SWAP) and play-to-earn MAOCAT games. The project will announce new features and developments within its ambitious roadmap soon. Currently, the team is focusing on the ongoing presale off to a successful start and quickly building a significant following. You can learn more about MAOCAT at these links: Website | X (Twitter) | Telegram ) | YouTube | Instagram
By Press Release 18 May, 2024
Wellchain , a revolutionary mobile super app that is changing healthcare coordination through artificial intelligence and blockchain technology, designed to simplify care coordination. This software as a service (SaaS) utilizes blockchain technology and offers a number of features such as telemedicine, team communications, remote monitoring, scheduling, alerts, reports, reminders and self-tasking functions.  The app comes in two versions - one for caregivers and one for patients - both of which can be easily integrated on the backend. Among the innovations, I'd note the ability to quantify care by assigning a severity score to a patient and tracking their progress or deterioration with a Change of Condition Index. Wellchain believes that the future lies in decentralization, including a segmented Internet and file storage. The project is backed by one of the industry's leading startup platforms, NFPad.io, and has partnered with Unigrid.io's leading infrastructure engineers. Through the project's features, actionable information can be provided to healthcare providers, helping to improve resource allocation and institutional efficiency. The app is designed for patients, hospitals, and healthcare providers. Wellchain aims to reduce healthcare costs by improving care coordination and incentivizing patient compliance through gamification. Wellchain will save at least 15% of healthcare costs globally (equating to $1.2 trillion annually) and improve patient outcomes by 15%. The value of a Wellchain token is directly related to the production (success) of the company. If a company is successful, 10% of all tokens are burned, resulting in low supply and high demand. Token holders can also vote on important decisions including project funding, token utility expansion, and governance rules. Active membership in the community is rewarded with WELLCHAIN tokens through a giveaway, which is 5% of the tokens. Patients receive attractive incentives (paid by the payer) for adhering to a certain treatment plan, and still incentivizes patient compliance while promoting active community participation. The blockchain uses customized NFTs to easily and efficiently track compliance. NFTs are matched monthly with paper rewards based on the level of compliance. Wellchain has pioneered the use of NFTs as a revolutionary incentive mechanism. On the site, patients can gamify their journey by participating in contests and competitions using NFTs, incentivizing healthy habits and a sense of accomplishment. Patients are rewarded for active participation and adherence to treatment plans. These unique digital assets act as tangible proof of a patient's commitment to their health, which they can exchange for fiat money. By gamifying healthcare with NFT incentives, Wellchain not only motivates patients, but also establishes a direct link between compliance and valuable rewards. The team commits to: continuously improve the functionality and utility of the token, expand the appeal and utility of the token globally, and regularly disclose the progress of funded projects and their overall impact. The WELLCHAIN token is a native token of the Wellchain ecosystem, WELLCHAIN serves a dual purpose in the ecosystem, acting as both a utility token and a management token. This versatility of the WELLCHAIN token contributes to the smooth operation and growth of the Wellchain platform. Oh, and right now you can get a 50% discount before it's too late! This is an exclusive whitelisting bonus. To whitelist, send an email with your government-issued ID to the project. Pre-sale of the WELLCHAIN token has started and runs through the end of May. So with this project you can not only get rewards, but also be healthy to make even more money on the crypto market! With Wellchain you will have iron health and a big bank account! Website: https://www.wellchain.io Twitter: https://x.com/Wellchainhealth?t=jK4MkiazMiioFFg-9NxXHQ&s=09
Show More
paper_plane

NEVER MISS AN ARTICLE!

Sign up and stay up-to-date about what's happening at our site.

Share by: