AnchorSwap functions as a decentralized ecosystem with an automated market maker (AMM) and decentralized exchange, bringing “crypto for everyone” through a variety of DeFi products.
Built on top of the Binance Smart Chain, AnchorSwap offers a variety of services and products, including liquidity farms, pools, and a blockchain-based lottery service. Their DEX has six active pools: BNB, ANCHOR, BUSD, BTCB, ETH, CAKE and their native ANCHOR.
The company is licensed for a fiat-to-crypto gateway and is authorized for number of activities including software development, financial activities, computer programming and consulting and more.
What sets AnchorSwap apart
- Unlike other platforms, AnchorSwap works towards building a multi-product, all-around DeFi ecosystem, with features suitable to both crypto beginners and professional traders.
- A very simple and low charge of just 0.15% trading fee, added to the average $0.15 transaction fee of a standard BSC transaction. In contrast, market-leading rivals offer only one or two products, and the fees on Ethereum can get up to $200 on top of a 0.3% to 1% trading fee.
- Go multichain in the first half of 2022 – for reference main competitors such as SushiSwap, PancakeSwap and Uniswap are built on single chains
- Release an NFT platform during the first half of 2022
- AnchorLink – a multichain wallet, planned for release in Q2, allowing fiat to crypto exchanges, crypto swaps and stakes in the farms and pools
$ANCHOR Tokenomics
Running on BSC, the native $ANCHOR token has a limited supply of 250 million, expected to be reached by end of next year. 9% of the tokens being issued are shared with the platform’s development team to ensure its steady growth.
Each ANCHOR transaction incurs a 2.5% tax, out of which 2% are automatically distributed to AnchorSwap’s liquidity pools and 0.5% are burned to ensure maintenance of the deflationary policy.
Visit AnchorSwap`s website to learn more about AnchorSwap`s ecosystem.
Source: https://www.cryptocompare.com/email-updates/daily/2022/jan/18/
