Swaap

 

Building and Innovation

What is Swaap?

A trusted global cryptographic currency would allow financial transactions to be settled among companies and individuals across the board, on a secure, rapid, and cost-efficient way, without going through a financial institution and eliminating any need for currency exchange among transactions taking place between different jurisdictions. Direct and unbiased processing of these transactions by the blockchain is part of proposed solution, but the main benefit is the accessing of liquidity in different local currencies, through our liquidity pool, where users will be able to redeem their Swaap Tokens (SAP) in fiat currency at any time, and have their funds deposited directly in their bank accounts. The liquidity pool will work as a currency basket where all funds will be secured and locked away until a user decides to redeem it. We intend to make this process transparent and trustful, with procedures being validated in the blockchain and regular independent audits being conducted, with all this information made available to the public, always. Having a multi-currency and multi-asset cryptographic currency also comes makes it less susceptible to volatility, with the liquidity pool balancing itself even in case of severe devaluation or debasement of an individual currency or asset class.

Swaap is an universal blockchain payment system, that can be used by anyone, anywhere. It is free to use, open source and decentralized. Swaap tokens - or SAP - are backed by a range of assets, cash and cash equivalents and this ensures that will be always available liquidity for you to convert your tokens in fiat currency when you need it.

Our project aims to create a truly universal payment system using blockchain technology. We endeavor to offer a wide range of solutions to enable companies and individuals to do business globally.

How Can We Help?

For Businesses

• Accept Swaap as a form of payment and expand your business to the gloal market
• Substantially reduce your operational costs by not using legacy financial institutions
• You can further spend you earned Swaaps to buy goods and services from other vendors

For Individuals & Traders

• Redeploy your tokens easily between different exchanges
• Reliable access to liquidity in fiat or stablecoins, whenever you need
• Custody your own funds and secure true ownership and reduced custodial risk

For Financial Institutions

• Use our digital token to get exposure to the crypto space, safely
• Reduce your operational costs by bypassing the use of legacy custodian companies
• Settle your transactions in seconds, to anyone, anywhere and with very low costs

The Swaap project ecosystem is diverse and growing here The only place to mint money, exchange money and use your Swap is Bank of Nova. Currently the project is developing 2 tokens in circulation which are:

1. Token Swap (SAP)

Swaap Tokens are the native utility token of our platform. It is an open source encryption token, designed to be scalable, reliable, secure, and easy to use. As a payment utility token, its owners can exchange them for fiat currency as soon as they are paid or exchange them freely outside our platform — if they wish. The redemption value is permanent and is pegged to the value of USD on a 1: 1 basis, meaning that when redeeming your tokens for fiat, you will always receive the equivalent of 1 USD per token. newspaper.

2. Exchange Management Token (SAPG)

Swap Governance tokens can be used to vote for our governance teams and help shape the future of the Swap platform. Unlike our utility tokens, SAPG has a fixed maximum allowable inflation rate of 1% per year, which means only 1% of the total supply can be generated per year and decided Whether or not this permission is used will be dependent on the results of one admin group, which is conducted annually.

Currently you can buy, sell and trade their tokens at the following exchanges: Uniswap, 1inch, Dex Ledger, ForkDelta, Matcha.

The wallet platforms supporting this project include: Atomic Wallet, Coinbase Wallet, MetaMask, Ledger, Trust Wallet.

The Swaap project also uses Community-created Applications and tools to enhance the usability of Swap: SwaapDEX

.and you can be a part of this project yourself if you have useful applications for the Swaap platform with the ecosystem developer portal.

The project is developed on the Ethereum Network where they provide reliable, secure, and fast blockchain technology.

Next we will learn about how to use Swaap wallet to trade and make money:

Step 1: On your device, open your wallet

Find the option ‘Receive’ and after tapping it, you will receive a QR code.

Step 2: Allow your client to scan the code

After opening the wallet, they will scan the QR code and set the amount to be paid.

Step 3: Get paid!

After the transaction is finished, you will see the money in your wallet.

every project offers revolutionary business solutions, and Swaap has also delivered bold and exciting business solutions through their partner with Nova Bank. In their platform you will be able to submit your invoices, quotes, convert your tokens for instant fiat liquidity, and more. without registration or monthly fees.

More and more crypto projects will be born that will increase the need to swap different cryptocurrencies so it can be said that this is a promising and potential project, so what are you waiting for, here The main opportunity for you to become a part of this project is very close, buy now the token of the project and keep it for a long time you will not regret this investment.

Team

Meet the ones making it all possible.

Paulo Baronceli: Founder

Luis Baronceli: CFO

Amrit Mirchandani: Marketing Manager

Samuel Osuala: Community Manager

Goin Merry: Bounty Manager

For More Information Click Links Bellow: 

• Website: https://swaap.org/
• ANN Thread: https://bitcointalk.org/index.php?topic=5291587
• Telegram: https://t.me/swaapcrypto
• Facebook: https://web.facebook.com/Swaap-102275471847846
• Twitter: https://twitter.com/SwaapCrypto

Author: pangeran milano

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2577205;