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Narwhalswap - Company Expands DeFi Ecosystem On Binance Smart Chain

dey90 Oktober 28, 2020

 


Narwhalswap is all about solving problems and striving to make the DeFi ecosystem better, faster, cheaper, anywhere, anytime with the Binance Smart Chain. Narwhalswap encourages crypto investors and developers to join and participate in Narwhalswap to improve the ecosystem. An excellent system that will bring a new global financial economy through blockchain. Narwhalswap provides liquidity mining that takes full advantage of other BSC projects on the network and is constantly inviting more projects to join the team effort.

The Narwhalsap protocol will allow the placement of tokens from other projects that will provide merchants with NLP tokens (Narwhalsap Token Representation). With these NLP tokens, we will be able to earn NAR tokens, as well as use rNLP tokens to extract liquidity in other quality projects from the BSC network.

Through this initiative, the team will help other projects gain the freedom to develop their own tokens without having to create and maintain their own swaps on the BSC network.

BINANCE SMART CHAIN - TOKEN (NAR)

Narwhalswap List Price: 1BNB = 124.69 NAR
  • The total supply of tokens is 21,000,000 NAR.
  • Pre-Sale - NAR 1,575,000 (7.5%) 12 October.
  • DAO - 787,000 NAR (3.75%)
  • Narwhalswap NAR liquidity - 102500 NAR (5.25%)
  • Team - 525,000 NAR (2.5%)
  • Airdrop + Вounty - 210,000 NAR (1%)
  • 16.8 million NAR (80%) to be distributed to liquidity providers.

This company looks very attractive, has great functionality and good prospects for the future. The team takes a very responsible approach to their work, is constantly working on and improving their functionality. Without a doubt, we can emphasize the benefits of this project to increase the functionality and expand the capabilities of the blockchain. We really hope the team won't stop improving its functionality and will make the blockchain a little better without giving up. For everyone who is interested in this startup and wants to get more information, I recommend joining the social networks Twitter and Telegram. Here you can follow the latest news from the project and ask all your questions. I will leave all the links at the end of the review. And we continue.



Through the Narwhalswap protocol, the team aims to build a sustainable ecosystem and attract more projects to be hosted at BSC. The project team is trying to create their own customized liquidity extraction mechanism, this will be a slightly different model that will differ from the popular model on the market today. Narwhalswap will adjust the algorithm itself depending on the user's bet amount and at the same time convert it to narpower. The rates will depend on the day you choose, allowing you to increase your rates by 50% per day up to the maximum rate. After that, one point will be reset when collecting tokens. The maximum stress level is designed to prevent the big players from getting a large share of the crowd created. In this case, the range speed will be set for each separately and divided into three groups:

With the Binance Smart Chain, you can develop decentralized applications (dApps) in the Binance Chain ecosystem and build products for the DeFi industry. This blockchain infrastructure allows Binance Chain to work with the decentralized exchange Binance DEX and a variety of crypto assets. In addition, the Binance Smart Chain blockchain is compatible with the Ethereum Virtual Machine (EVM), which implies the ability to integrate Ethereum-based instruments.

Another notable feature of the Binance Smart Chain is the stake BNB coin, one of the top ten leaders in terms of market cap. Thanks to the Proof of Staked Authority (PoSA) consensus mechanism, Binance Smart Chain validators will receive BNB rewards for completing tasks. This will motivate the participants in the network and ensure its smooth operation without reducing transaction speeds.

Binance Smart Chain enables the development of DeFi services and decentralized applications in the Binance Chain ecosystem. At the same time, the Binance Smart Chain has the advantages of a new generation blockchain: BNB betting, high performance, reduced fees, direct interaction with decentralized exchanges, and more.

Information link about the project:




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