A community-led decentralized exchange (DEX), EmiSwap is expanding its reach to millions of people worldwide as it lists its ESW token on different exchanges. At the same time, EmiSwap is also putting up the token on its internal launchpad.

With only 200 million ESW in totality, the listing gives people the opportunity to enjoy DeFi services such as staking and farming.

When and Where

Any crypto token, no matter how good or highly valued, is of no use if people cannot get their hands on it and EmiSwap knows this. To enable ease of buying and trading, the DEX is making its ESW available on multiple platforms:

• Zendit by MANTRA DAO: Zendit is a popular DEX by the DeFi platform MANTRA DAO. Zendit gives top quality tokens to be offered in a transparent manner, where everyone can see the number of tokens up for sale and identifying market manipulators to avoid massive dumping. ESW will be available on the 29th of June, 2021 on Zendit.
• Ignition, PAID Network: Ignition is a platform that accepts only the best and most advanced tokens for launch and this is a testament to ESW’s capabilities. Built by the holistic business dApp PAID Network, Ignition users will be able to get their hands on ESW on the 30th of June.
• Internal Launchpad: ESW can be acquired from EmiSwap’s own platform. Users will need to go through an easy KYC check before they are eligible. The token sale will start on 28th June 2021 and users will need to complete the KYC to qualify to be on the waiting list before the 27th.

The multiple listings will open up a whole new economy for the public.

EmiSwap Services

EmiSwap is a platform that works from multiple angles. Soon after the launch, holders of ESW will be able to stake the tokens and farm profits.

EmiSwap has a built-in mechanism to fight off the rising transaction fee on Ethereum. Even though the GAS cost is now at its lowest this year, it is still 5 times as high as it was exactly 12 months ago. At its peak last month, an average transaction was costing $70. The (still) high cost is a barrier towards DeFi adoption as people cannot make trades or transact without a serious dent in their pockets. 

To enable DeFi freedom, users of EmiSwap are compensated through the issuance of ESW as 100% of the profits made are distributed to the users. This effectively breaks down the DeFi usage barrier and makes it free to use its services.

Initially operating on the Ethereum network, it will soon leverage its multi-chain capability and also launch on Binance Smart Chain, with Huobi Chain to soon follow. This cross-chain compatibility means that ESW will be exposed to the maximum number of DeFi users.

EmiSwap also has plans to offer advanced trading tools to its users, such as integration of Limit, Stop Limit and Stop Market orders before the end of this year.

Gamification

EmiSwap also has an NFT feature, where the unique tokens represent Magic Cards that can be used to fight in tournaments or used to increase profits from swapping, supplying liquidity, farming, and more. The NFTs can also be staked or traded for another income stream.

The use of NFTs means that the platform is not just another project that offers profits and benefits, but makes it fun to use as the gamification of NFTs also serves as an entertainment purpose. The Magic Cards are categorized into six levels, each higher level being scarcer than its predecessor, having more power in the tournaments and obviously carrying a higher price tag.

EmiSwap has already received an immensely positive response and as its service grows along with interchain operability, it will only attract more users.