Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
BenSwap stands out as the pioneering decentralized exchange (DEX) on the SmartBCH blockchain, while Green Ben (EBEN) serves as both its utility and governance token.
1. In terms of market capitalization, transaction volume, and total value locked (TVL), BenSwap ranks among the leading DEXs on the SmartBCH network.
2. Notably, BenSwap is the first initiative on the SmartBCH chain to successfully complete a Certik audit, with plans for additional audits as the project continues to evolve.
3. Additionally, BenSwap made history as the first project on SmartBCH to achieve a listing on a centralized exchange (CEX), specifically CoinW, with more CEX listings anticipated in the future.
4. As a highly regarded project within the SmartBCH ecosystem, BenSwap has gained visibility across numerous platforms, including vfat.tools, CoinMarketCap, CoinGecko, DefiLlama, and MyToken, which offer analytical insights for users.
5. This extensive recognition underscores BenSwap's commitment to transparency and innovation, solidifying its position as a key player in the decentralized finance landscape.
Description
SofaSwap is an innovative decentralized trading protocol that facilitates coin-margined futures by allowing users to stake a variety of tokens from ETH, HECO, and BSC as margin, while also enabling the use of tokens for settlement purposes. This platform features three distinct roles: the proactive Trader, who seeks high returns but faces significant risks; the passive market Maker, who earns moderate returns with balanced risks; and the Farmer, who earns minimal returns with no associated risk by providing liquidity through token staking. Users can adjust their token quantities based on the transactions conducted among these roles, enhancing the platform's liquidity dynamics. Recently, SofaSwap introduced single-token lock-up mining, where the returns are distributed in the original tokens staked, with profits determined by the duration of the lock-up while maintaining the principal amount intact and risk-free. In terms of transaction fees, the distribution allocates 60% to market maker liquidity providers, 30% to operational costs for the user platform, and 10% to liquidity providers, thus contributing to the value appreciation of SOFA tokens. By addressing the fundamental need for effective hedging solutions, SofaSwap also seeks to elevate the market presence and value of tokens that typically suffer from low liquidity. This comprehensive approach not only enhances user engagement but also fosters a more robust trading ecosystem.
API Access
Has API
API Access
Has API
Integrations
BNB Smart Chain (BSC)
Ethereum
MathWallet
MetaMask
Telegram
TokenPocket
Trust Wallet
WalletConnect
smartBCH
Integrations
BNB Smart Chain (BSC)
Ethereum
MathWallet
MetaMask
Telegram
TokenPocket
Trust Wallet
WalletConnect
smartBCH
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
BenSwap
Founded
2020
Website
benswap.cash/
Vendor Details
Company Name
Sofa Swap
Founded
2021
Website
www.sofa.pub/