Swapult

 

for various applications and projects in the public blockchain space geared towards disrupting the world of traditional finance. Inspired by blockchain technology, DeFi is referred to as a financial application built on blockchain technology.
Cryptocurrencies have exploded into a trillion dollar industry today, sparking a wave of financial disruption around the world. At the heart of cryptocurrency is a remarkable history of innovation that goes back to the 1980s, with advances in cryptography. Since then, a series of events have shaped the crypto space; the first cryptocurrency, Bitcoin, became the most prominent. Despite its spectacular growth in the last 12 years, financial services have emerged very slowly for Bitcoin — largely due to its inherent lack of stability and adoption. Mainstream institutions will not accept Bitcoin loans due to its significant price volatility — it makes Bitcoin a poor asset to plan any investment accurately. Things are changing rapidly in the crypto space, and decentralized finance (DeFi) is the current trend — it’s an exciting space, no doubt about it.

As we all know, the world is moving very fast in technology, the emergence of blockchain technology has also added value to many people, nowadays defi to make infrastructure SWAPULT .
#defi #Swapult $SWAPT

cross-chain for token pools and auctions powered by decentralization, infrastructure. by facilitating the purchase and transfer of tokens between blockchains. Because blockchain-cryptocurrency innovators are looking for a decentralized and censorship-resistant way fundraising, Initial DeFi Offering (IDO) and Initial Liquidity have appeared Offer (ILO). Moreover, with the advent of Automated Market Makers (AMM), token’s liquidity has become an important determinant of its market price. While markets are becoming more competitive and value-oriented, early-stage innovators are facing unprecedented challenges due to these fast-paced changes. Prior to listing, they now have to look for liquidity investments for their tokens. In turn, however, that scenario presents new opportunities for early-stage investors, facilitating higher and safer returns through mining liquidity.

Swapult Solution

Swapult is a swapping protocol that envisions a decentralized way to connect early stages

blockchain-cryptocurrency innovators and investors. Its unified interface allows project owners to launch and manage liquidity auctions that are easy for investors to find on the platform.

Swapult embarked on a long-term mission to disrupt and fully decentralize liquidity auctions. the project was built with a vision to facilitate greater interoperability through cross-chain interactions, which in turn, will further strengthen the adoption and value of DeFi.

Safe & Reliable

As such, there are two major barriers to mainstreaming DeFi, aside from the often-discussed issue of scalability. Most of the existing projects are not user friendly and steep

learning curve. Besides, a bug-laden and poorly written smart contract seems to be

undermines DeFi’s potential to be tamper-proof. To mitigate this problem, we have used React

Native to build responsive Swapult UI, along with intuitive information architecture. At this stage, the stacks we use for MVP are Solidity, javascript, react, web3, and key

integrations include Remix, Truffle, and MetaMask. In addition, we have migrated

platform with Tomochain and is now working on integration with Polkadot parachains.

Swapult Market Opportunity

Decentralized Finance (DeFi) has consistently gained popularity in the past year, and

right now, we are witnessing the much-anticipated explosion of adoption. Driven by the emergence of decentralization

exchanges like Uniswap, as well as some promising dApp solutions, the market has grown with

over 1000% since 2019. At the time of writing, DeFi’s total market cap is over $16

Billion.

Meskipun popularitas, bagaimanapun, drive adopsi masih menghadapi beberapa kendala. Startup Blockchaincryptocurrency perlu mem-bootstrap likuiditas, untuk memastikan harga perdagangan yang menguntungkan pada

DEX and other AMM based platforms. In this context, there is an increasing demand for decentralization,

an integrated cross-chain ecosystem that allows project owners to easily and securely conduct pre-listed liquidity auctions.

In turn, this represents a long-term business opportunity and market scope for layer-3 exchange

protocols such as Swapult.

Swapult Ecosystem

Broadly speaking, there are two categories of Swapult users. One of them involves the Project Owner or Pool

Creators, while Investors or Liquidity Providers (LP) consist of others. In this section, we discuss

available pool types, user flows, pool state, and Swapult governance model.

Pool Type

There will be two types of pools on the platform— Direct Selling Pools (DSP) and Time-Locked

Pools (TLP).

Direct Selling Pool (DSP): This is a pool without a lock-in period, where investors earn

tokens immediately after swap.

 Time-Locked Pools (TLP): These pools have a predetermined lock-in period and investors

accept exchanged tokens only after this duration is over. Smart swap

the contract will also allow pool creators to define specific lockout periods, thereby releasing

exchange assets gradually. For example, say, disburse 40% of the tokens exchanged

immediately and, after say 1 month, the remaining 60% in 6-equal monthly vesting.

swimming pool status

Each pool on the Swapult platform will have one of the following states at any given time. Based on pool status (and, also type) smart contracts will transfer liquidity and auction tokens to their beneficiary wallets.

 Created: this pool is available exclusively to SWAPULT token holders.

 Open: pool is available to all Swapult users.

 Out of Stock: the predefined supply of auction tokens has been sold out, but pool

duration is not over. In the case of TLP, tokens will be locked for the rest

duration.

 Finish: the pool has reached the end of the specified duration. Both for DSP and TLP,

remaining tokens are returned to the PO wallet at this point. Investors, on the other hand,

get their tokens purchased (exchanged) via TLP.

 Closed: pool is complete and tokens have been cashed.

Project Owner Flow
Supported Blockchain & Wallet
After onboarding, project owners must first select the blockchain protocol relevant to them
projects, as well as cryptocurrency wallets.
At the MVP stage, Swapult supports projects based on Ethereum and the MetaMask wallet.
In the future, this platform will support other blockchain ecosystems. In addition, users will be able to
to integrate wallets such as WalletConnect, Coinbase Wallet, Fortmatic, Portis, as well as other nonERC20 wallets.
Pool Making
The project owner can start a pool by clicking the ‘Create Pool’ button. Since Swapult followed
strict non-intervention policy, the project owner or PO needs to define the following parameters:
 Address token (contract), contains information about the name and ticker. In MVP
phase, Swapult supports ERC-20 tokens. In the near future, the platform will integrate the non-exchangeable ERC721 token, as well as other cross-chain standards and functions.

 The total supply of tokens available for a particular auction or pool.

 Assets for incoming pool payments or contributions. In the MVP phase, PO has
the option to pair their tokens with ETH or DAI or both. In the future, more pairs are swapping
will be available as Swapult integrates other blockchain protocols.

 Swapping ratio—that is, the price of the token being auctioned in relation to the liquidity selected
asset. As an incentive for Swapult token holders, POs must determine the percentage
discount (say, X% of the price of ETH).

 The total duration of the pool, as well as whether it is a Direct Selling Pool or a TimeLocked Pool. The creator also determines the time period (T% of the total duration) which
the pool will be opened exclusively to Swapult token holders.
Transaction
After filling in the details, POs need to click on the ‘Start’ button to register their pool in
Ethereum blockchain (finally, on another blockchain relevant to their project). This will also
initiate the following transactions from the selected wallet:

 Supply of pre-defined auction tokens will be transferred to Hash
Timelock Contract (HTLC), where the contract will be kept for the total duration of the pool.

 Gas fees for holding pools and updating their data on Ethereum. Code
Swapult’s smart contract architecture ensures approximately 85% less gas costs for projects
owners, compared to existing market standards.
Cost
The project owner will pay two categories of fees, which will be used for development and maintenance
from the platform. For the share of auction tokens made available to SWAPULT holders, the fee will be
to 0.15% of the total liquidity generated. The rest, it will be 0.2% of the total liquidity collected.
In the future, the government may vote to change the percentage of fees.

Liquidity Provider or Investor Flow
Pool Options
Swapult memiliki UI seperti pasar, di mana penyedia likuiditas atau LP akan dapat menelusuri semua
pools hosted on the platform — past, ongoing, and future. At this stage, they will have
early access to the following information about the pool:
 Opening Time: when the pool is available. If the LP is not a qualified SWAPULT
owner, the message on the screen will determine the time when the pool is available for
not a SWAPULT holder.

 Closing Time: the end time for the duration of the pool.
 Time Time: remaining time available.
 Token Name: the name of the auction token, as determined by the PO.
 Payment Method: ETH/DAI or both, as determined by the PO.
 Swapping Ratio: conversion rate determined by PO.
 Status: the current state of the pool.
Supported Blockchain & Wallets: Although vinyl records can trace the above information, for
participate in the pool they have chosen their preferred blockchain ecosystem and connect a
relevant wallet. In this case, they will have the same choices as the project owner.
Join the Selected Auction
Once this is done, LPs can click the ‘Join’ button for their chosen pool. In the settings interface,
they need to enter the number of auction tokens they want to buy or how much
ETH/DAI they want to invest.
Whatever the LP input, the Swapult algorithm will automatically calculate the appropriate one
values based on group data. They will also receive a disclaimer informing them of the risks involved
dengan investasi, yang dapat dia terima atau tolak.
Recommendation: As a general security protocol, investors should carry out basic authenticity checks
before choosing a pool. This includes reviewing smart contracts, owner portfolios, and
other similar documentation to avoid fraudulent tokens and scams.
If they accept, the swap will be initiated, transacting the selected amount of ETH/DAI from
wallet connected, plus fees that go to the Swapult wallet. Depending on the type of pool,
auction tokens will be transferred immediately to the same wallet or after the duration of the pool.
burnt. As for investors and liquidity providers,
The ownership of the SWAPULT token makes it eligible for various use cases.
Use Case
The SWAPULT token has several use cases in the Swapult ecosystem:
 Additional Benefits: Investors holding SWAPULT tokens get additional benefits and
better swap ratio for pools running on the platform, as described in the previous section.
 Governance: Swapult Platform will implement regular Proof of Stake (PoS)
consensus mechanism, allowing SWAPULT holders to gain voting rights by staking
token is the designated wallet. In general, the mechanism will involve limited period staking,
to be defined in detail at launch of platform governance.
Staking: SWAPULT token holders will be able to generate annual passive income from
their SWAPULT tokens, by staking them in certain ERC20 wallets. As an incentive,
SWAPULT holders will get staking rewards (discussed below allocation).
 Token Burning: Swapult adopts a Limited Top-Rated Burn policy and will use 16.667% of

his daily earnings to the SWAPULT buy market for token burning, with 20% cap
of the total supply of SWAPULT.
Reserves: These reserve tokens are allocated for future initiatives and to support
community, marketing, exchange fees, and long-term liquidity.
Token Sales Metrics
 Total Supply: 5,000,000 SWAPULT
 Pre Seed: 100,000 SWAPULT for $0.35. Lock 3 months, then 8.33% every month
 Strategic Round: 400,000 SWAPULT, at 0.455 USD. 10% at TGE, then 9% every month
more than 10 months.
 Personal Sale 1: 700,000 SWAPULT, at $0.47775, 20% at TGE 20%, then 20%, monthly.
 Private Sale 2: 900,000 SWAPULT for $0.50050, 25% at TGE, then 25% monthly.
 Auction Pool: 100,000 SWAPULT for $0.7, unlocked.
 Selling Price: TBD.

Thus the explanation about swapult, if you are not clear then you can look for references from the address below and media or google, that’s all and thank you.

Website : https://swapult.com/
Whitepaper : https://swapult.com/whitepaper.pdf
Twitter : https://twitter.com/swapult
Telegram : https://t.me/swapult
Discord : https://discord.com/invite/aG2XA2htyg
#defi #Swapult $SWAPT

Author

Tomohoon

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