BridgeSwap provides simple steps to a user regardless of their knowledge about crypto trading. A usee can get started by simply creating a wallet that suppprts BNBs smart chain. After creating or having a wallet, there will be provision for a step by step guide to follow for backup and recovery.
BrigdeSwap is a BEP-20 ecosystem solution that aims to privide users with simple conducive trading experience that is safe, relaible and transparent. BridgeSwap has a deflamatory BRIS mechanism that aims to making deflation higher than emission. The goal is make more leave circulation than the amount of BRIS that is produced.
The BRIS deflamatory mechanism is a process of removing coins permanently from circulation to reduce the total supply. The bris deflamatory mechanism has several benefits that include an increase in the value of the tokens , and steady value of the token when burn for a long term high price. To connect your wallet to bridgeSwap, there are some simple steps to follow which are;
- Enter the bridgeSwap homepage link or enter the URL(https//bridgeSwap.app)
- Click on the connect button at the top right hand corner of the page
- You will be required to choose an applicable wallet from the list o supported wallets that will be shown to you.
- Click on the wallet popup Once the correct wallet has been selected.
- Once connected, a part of the address will be displayed to you at the top right hand corner of the screen.
Bridgeswap Token (BRIS)
BRIS is the official token on brigdeSwap. There is currently no maximum supply for BRIS token which makes it an inflationary token. A user earns $BRIS tokens from farms and pools, lottery, or by buying and trading on the exchange then exploring its use cases. BRIS token can be use for multiple purposes such as;
- Staking in pools to earn free crypto tokens
- It is use in yield farns to earn rewards
- Buy lottery tickets in the bridgeSwap lottery to win and earn more tokens.
- It is usw for voting on proposala relating to the BRIS DAO governance.
However, there are more use cases to come for BRIS holders in the future. Bris has an initial supply of 2,200,000 BRIS. It has an initial allocation of 50% burn mechanism, 15% for crowdsale, 5% for the team, 10% for liquidity, 7% for marketing and 10% defi 2.0 zap events.
Furthermore, bridgeSwap has an insurance fund for users. The insurance fund is an emergency fund provided to users. 0.01% trade fee from the DEX is allocated to a specific wallet tgat protect all users and tgeir fybds in casw of an emergency. All funds will be stored in a seperate wallet.
In Conclusion
BridgeSwap is a binance smart chain platform that wants to decentralized finance in the crypto space movement and enhancing it to the next level. BridgeSwap is a BSC defi protocol on web3.0 that provide decentralized exchange (DEX), a protocol that uses smart contracts that allows users to trade between different crypto tokens without a third party whicg is fhe centralize intermediary.
Official Resources
Website | Whitepaper | Telegram | Twitter | GitHub | Medium
Published by:
Forum user: thefreethinker
