Afraswap is a leading cryptocurrency produced by the Aryacoin team. It thrives on building a better cryptocurrency ecosystem by upholding the core principles of crypto.
London, UK, 23rd Nov 2021, ZEXPRWIRE, Nowadays, cryptocurrency ecosystems have become too complicated for any novice crypto enthusiast to comprehend. Many cryptocurrencies are coming up with unique approaches that educate them to take an efficient approach to understand cryptocurrencies and the ecosystem. But only a few succeed.
One of the successful and emerging forums is the AfraSwap crypto platform that provides a secure and easy way to swap tokens on BSC while providing the best prices by aggregating multiple different AMM’s.
Initially, AfraSwap will be deployed on Binance Smart Chain due to the platform’s low fees and high scalability; in the future, they will scale Afraswap to multiple blockchains. Afraswap uses the Automated Market Maker (AMM) technology various leading exchanges use to provide a complete decentralized experience.
Afraswap’s native token will be called AFRA, which will allow users to participate in the project. A small amount of Afra tokens will be pre-mined, but that would be solely used for Airdrops during promotions and setting up liquidity pools. Users can also receive Afra by staking their Afra, Aryacoin, or Afra liquidity tokens in farms and pools to receive Afra as a reward.
Afraswap provides the best in class trading experience for the users, which is easy to use UI. Many swaps use it across the different blockchains. Still, Afraswap’s underlying aggregator contract allows the user to get the best price each time without looking for them manually.
Afraswap Team considers security to be the number one priority for the project. Thus the team follows a security-first approach which allows their team to make secure applications and never compromise on the security.
To allow for secure operations and transparency, the Afraswap team has removed a few of the standard features present in Swaps contracts nowadays, which are widely used but are not considered secure for users. They allow the team members to do a rug pull. The steps exhibit the trust and transparency between the team and investors’ relationship.
Afraswap team has removed the commonly used Protocol Fees implementation from the Factory contracts, which guarantees that the Liquidity providers always receive 0.25%, which the user would pay for the swap.
About Afraswap: It is the new age decentralized cryptocurrency exchange created by the Aryacoin Team to enable and offer users the decentralized and the most secure exchange experience throughout multiple blockchains.
To join the community or inquire more about AfraSwap, visit afraswap.io.