ParaSwap(PSP)

Choosing the right crypto exchange can be a real challenge due to the long list of trading platforms available on the market. You have to consider several factors, including exchange rates, the onboarding process, and transaction speed, and this takes time. However, SwapSpace has stepped in to tackle this problem by offering traders an all-in-one […]

Paris, France, July 10th, 2023, ChainwireLeveraging its successful $4.5m fundraising, Swaap launches its v2 protocol, bringing easy-to-use and powerful market-making strategies to the global DeFi community. Swaap v2 is unique in addressing key challenges such as impermanent loss which have plagued Liquidity Providers.Swaap, the cutting-edge market-making protocol for blue-chip crypto assets, is thrilled to announce the launch of its v2 protocol. With an emphasis on ease of use, state-of-the-art strategies, strong security, and solutions to impermanent loss, Swaap v2 is poised to democratize access to advanced market-making tools for the global DeFi community.What Sets Swaap v2 Apart: Making Market Making EffortlessFor the first time ever, Swaap v2 offers anyone - from institutions to individuals - a seamless way to engage in advanced market-making strategies. The protocol uses mathematically optimized strategies, which means it intelligently adjusts fees and asset holdings to maximize returns while minimizing risks, all on autopilot. Importantly, Swaap v2 addresses impermanent loss, a problem that has deterred many from participating as liquidity providers.Stanislas Barthélémi, an early user of Swaap v2, shares: “As someone who was an LP in traditional Automated Market Makers but was burned by Impermanent Loss, Swaap v2 has been a game-changer for me. It's like having an expert trader working for you around the clock.”The Tech Behind Swaap v2With models built in collaboration with the Louis Bachelier Institute, a leading financial research institute, Swaap v2 brings the best of traditional financial market-making models to DeFi. It incorporates strategies that intuitively adapt to market conditions, safeguarding funds while optimizing returns. Moreover, liquidity providers can effortlessly engage with a wide array of assets across the Polygon and the Ethereum ecosystems.Launch Partners Powering Swaap v2Swaap v2 is backed by notable launch partners to ensure robust functionality and support. Chainlink provides critical price feeds for on-chain defensive mechanisms and safeguards, further reinforcing security for Liquidity Providers.Additionally, Paraswap, Odos, and Open Ocean are onboard as aggregators, which already ensures significant volumes on the Swaap platform.FRAX, a leading stablecoin protocol, has approved a proposal to incentivize liquidity on a FRAX-ETH pool on Swaap v2 to reinforce its role as a connector token in DeFi.Built with Security at its CoreIn the world of DeFi, security is paramount. Swaap v2 has undergone rigorous audits by ChainSecurity & Quantstamp. Furthermore, Swaap v2 pioneers defensive modules and on-chain protections that offer users additional peace of mind.Swaap is celebrating the launch by offering Swaap tokens to the first wave of liquidity providers, seamlessly integrating them into the governance ecosystem.“With Swaap v2, we’re not just launching a product; we’re catalyzing a movement to empower people globally through decentralized financial tools. Our goal is to ensure that anyone, anywhere, has access to sophisticated market-making strategies that were once reserved for high-net-worth individuals and established financial institutions,” says Cyrille Pastour, co-founder of Swaap.“Swaap v2 is an eloquent example of what happens when innovation meets expertise. We believe Swaap is on the verge of redefining how DeFi engages with market-making, and we are thrilled to be part of this transformative journey.", says Nikolai Lambsdorff, from Signature Ventures.Liquidity Deposits to Secure Launch NFTSwapp invites users to deposit liquidity in Swaap v2 to not only unlock the full potential of their assets but also to secure exclusive launch NFT. This uniquely designed digital asset is Swapp's way of acknowledging users early participation and commitment to the evolution of DeFi.Users who want to deposit liquidity to secure their piece of blockchain history and join the frontlines of DeFi innovation can visit this link.About SwaapSwaap is an innovative market-making protocol specializing in blue-chip crypto assets. Through pioneering models developed in collaboration with leading institutions, Swaap is revolutionizing DeFi market-making by providing liquidity providers with effortless and superior market-making strategies.ContactHead of MarketingDavid [email protected]

Fantom (FTM) is implementing a unique strategy of compensating developers for generating gas fees to boost its network activity. This bold initiative underscores Fantom (FTM) commitment to fostering a vibrant and dynamic ecosystem. Meanwhile, the spotlight is also on Sparklo (SPRK), a digital investment platform that's readying itself for stellar gains. Set against an increasingly digital economy backdrop, both Fantom (FTM) and Sparklo (SPRK) offer unique value propositions poised to reshape the cryptocurrency landscape. Sparklo (SPRK): Poised for Massive Gains in the Digital Investment Arena Revolutionizing the domain of digital investments in precious metals, Sparklo is primed for a disruptive leap. Uniquely, Sparklo provides the ability to purchase portions of an NFT, with each segment tied to a physical asset. Moreover, they present the exciting opportunity to own an entire NFT, leading to the ownership of the corresponding precious metal. Navigating through its second presale phase, Sparklo is a lucrative prospect for potential investors. Valued at an attractive $0.03, leading experts in the crypto field anticipate a significant rise in its value. Projections depict a huge 1,500% surge by the end of 2023, offering substantial returns. Sparklo's sturdy smart contract has been awarded the Interfi network's seal of approval after a comprehensive audit. In a preemptive measure to prevent rugpull risks, Sparklo has committed to secure liquidity for a whole century. Given the extensive research and promising prospects, Sparklo presents itself as an enticing investment opportunity in 2023. The tokens are available for acquisition in the links below. >>>> BUY SPARKLO TOKENS <<< Fantom (FTM) Innovative Approach: Remunerating Developers for Gas Fees Generated Fantom (FTM), a prominent player in the blockchain space, has just announced a unique initiative, the "Gas Monetization Program." According to the May 31 announcement, the Fantom (FTM) Opera network team will now compensate developers for the gas fees produced by their applications. To be eligible for the program, apps must have conducted over 125,000 transactions and been live on the Fantom network for at least three months. Six Web3 apps, including ParaSwap, Beethoven X, Stargate, LayerZero, WOOFi, and SpookySwap, have already been approved and are actively partaking in this program. However, it's not unrestricted access for all developers, as those with inefficient gas contracts may face competition and potential suspension from the program. With this new program, Fantom (FTM) hopes to create an alternative revenue source for developers, encouraging a sustainable ecosystem. Find out about the Sparklo presale using the links below Buy Presale: https://invest.sparklo.finance Website: https://sparklo.finance Twitter: https://twitter.com/sparklo_finance Telegram: https://t.me/sparklofinance Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.