BRISBANE, AUS, Mar 15, 2022 - (ACN Newswire) - The Decentralized Finance space has boomed from success stories like DOGECOIN, SAFEMOON, SHIBA INU, BABY DOGE, KISHU INU and more who are bringing users to Decentralized Exchanges like PANCAKSWAP, MDEX, UNISWAP, SPOOKYSWAP, QUICKSWAP, and more, to trade their tokens. In just 24 hours PANCAKESWAP receives an average of $828,389,383 USD in Trading Volume. Followed closely by SPOOKYSWAP receiving an average of $510,961,838 USD in Trading Volume in 24 hours.
While everyone is scrambling to find the next big thing in DeFi, BODA Token has been working hard to build a unique and first-of-its-kind product for the DeFi sector. Boda Token is proud to announce its successful launch of BodaSwap! The First Decentralized Exchange to eliminate Slippage requirements when trading Binance Chain tokens. Unlike other DEX platforms like Pancakeswap, MDEX, UniSwap, SpookySwap, Quickswap, and many more, which require a minimum slippage input to trade tokens, BodaSwap is free from slippage. Slippage is often used to create a buffer when swapping two tokens on a Decentralized Exchange, and while not always charged as a fee, sometimes the slippage can cost the user a small number of tokens in the trade. By eliminating the slippage requirement, tokens traded on the BodaSwap DEX give the user more value for their swap. A DeFi trader who utilized Pancakeswap and BodaSwap, where two identical trades were made, was able to demonstrate that the gas fee on Pancakeswap cost the user $2.28 and the gas fee on BodaSwap only cost $1.69. Saving the user 59 cents in gas fees by using BodaSwap.

BodaSwap is a utility product that will provide added value to the native BODAV2 token, which is part of the Boda Company. Revenue generated from trades on BodaSwap will be utilized for buyback and burns of BODAV2 tokens. This process will help to increase the value of BODAV2 tokens and provide more BUSD Rewards to existing holders of BODAV2 Tokens.

Based on the average daily volume received on Pancakeswap at over $800 Million USD, the 0.2% fee per trade on BodaSwap could potentially generate $1.6 Million USD per day for BODAV2 Tokens. With 6% of that $1.6 Million USD, $96,000 USD, converted to BUSD rewards for token holders.

BODAV2 Token is the highest paying reward token on Binance Smart Chain, automatically rewarding its holders in the form of Binance Pegged BUSD. Since BUSD is a stablecoin pegged to the US Dollar it will never shift in price, making it a great choice for passive income. As a DeFi token that automatically rewards investors with a stable passive income for holding, BODAV2 helps to reduce the risks involved with cryptocurrency market volatility. Holders can keep earning during a crypto bear market as token price does not affect the BUSD rewards. Over time, holders can earn enough BUSD rewards to cover their initial investment, turning their investment into a cost-free asset.

No other smart contract is like BODAV2 as it has been built from scratch. An anti-whale and anti-dumping mechanism help to protect investors from heavy losses. BODAV2 has been audited by Certik, the leading Smart Contract Auditing Company in the world, which provides much greater security and peace of mind for BODAV2 holders.

BodaSwap is a real contender in the Decentralized Exchange sector as the first DEX to facilitate trades without slippage and with lower gas fees. Many users will find themselves turning to BodaSwap over other DEXs like Pancakeswap with the ease of trading tokens and paying less in fees.

In addition, BodaSwap is providing a Fiat On-ramp for customers to purchase cryptocurrency with Visa or Mastercard. This Fiat-to-Crypto feature is ideal for customers in locations such as America where purchasing crypto tokens such as BNB can be difficult.

With companies like Binance pushing crypto further into the mainstream audience, people finally realize the true potential of Crypto Currencies. It is this sentiment that will continue to bring BodaSwap & BODAV2 and its community to new and even greater heights.

Media Contact:
Company: BODA Token
Website: https://bodatoken.app/
Discord: https://discord.gg/XMF4UctSnv
Twitter: https://twitter.com/BodaToken
Email: [email protected]

SOURCE: BODA Token

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comBoda Token is proud to announce its successful launch of BodaSwap! The First Decentralized Exchange to eliminate Slippage requirements when trading Binance Chain tokens.

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Ethereum (ether or ETH) is the native token of the Ethereum blockchain. The Ethereum blockchain is open-sourced and enables anyone to write smart contracts on it for the development of decentralized applications (dApps). Most of the dApps that are developed in the Ethereum blockchain are hosted as ERC-20 tokens which are in their hundreds of thousands. Presently, transactions in the tokens are carried out by using ether in buying the gas fees. What is Ethereum? Ethereum is a cryptocurrency that was co-founded by Russian Vitalik Buterin with other cofounders like Gavin Wood, Charles Hoskinson, and others in 2013. It raised over $18.3 million through its public sale of 60 million Ether in 2014 at an initial coin offering price of $0.311. It uses the Solidity programming language that is highly secured to ensure that assets stored in private wallets are saved from attacks. Ethereum is a community-driven coin that wants to ensure that everyone in the world can transact with ease and also launch their projects on the platform. The native token Ether attained an all-time high price of $4,891.70 on November 16th, 2021 during the bullish run of some of the top 100 cryptocurrencies. Let’s see the Ethereum price analysis for the coming years. Price Analysis of Ethereum Coin Flashback: Fundamental Analysis of Ethereum Fundamental analysis has to do with ways through which news and announcements can affect the price of an asset. In the Ethereum community, there is news that has increased the positive sentiments that investors have for it in the long term. In recent news, it was announced that the Ethereum blockchain will be migrating to the Proof-of-Stake (POS) consensus mechanism from the present Proof-of-Work (POW) algorithm that it uses. This news is a welcome development among the users of the Ethereum blockchain since the POS mechanism will reduce the high fees paid by users in carrying out transactions on the blockchain in the form of gas fees. This exorbitant fee is one of the reasons why Ethereum competitors are attracting projects that are previously launched on Ethereum to either move multi-chain or move away from it to platforms with almost the same capacity and minimal transaction fees. Also, in another news on continuous Ether burn is increasing the trust that investors have for the coin, since all the ETH burned are forever lost and can be traded again. Burning is a mechanism where a given quantity of a coin/token is sent to a dead wallet where it not never be transferred into circulation again. This reduces the quantity of the asset in circulation and can sometimes increase the price depending on the volume of buyers. Ever since the launch of the Ethereum London fork in August 2021, ETH worth over $1 billion had been burnt. Now, we shall use charts to discuss the price analysis of Ethereum. From the link above, the relative strength index (RSI) value of Ethereum is 46.79 which means that the present trend is weak since it lies between 30 and 50. More buyer’s pressure can change the present bearish trend to be bullish. The link above represents a 1day chart of ETH/USDT using the Keltner channel that helps to know the direction of a trend. Since the present candlestick is within the second part of the curve from the top and is bearish, the price of Ethereum might plummet further. From the link above, since the 200-MA is above the 100-MA, we can deduce that Ethereum is bullish in the long term. The section below shows the Ethereum (ETH) price prediction for the next five years. Ethereum Price Prediction 2022 By the end of the first quarter of 2022, the price of ETH might reach $2,870. However, it will be within the range of $2100 and $3,100 by the end of the second quarter of 2022. By the end of the third and fourth quarters of the year 2022, ETH prices will be within $2950 to $3,900 and $2,500 to $6,500 respectively. Ethereum Price Prediction 2023 The price of Ethereum might reach $7,000 by the end of the first quarter and $8,000 by the end of the second quarter. In the third and fourth quarters of 2023, ETH prices might be $6000 and $9000 respectively. Ethereum Price Prediction 2024 The price of Ethereum might reach $10,000 by the end of the first quarter and $12,000 by the end of the second quarter. In the third and fourth quarters of 2024, ETH prices might be $16000 and $19000 respectively. Ethereum Price Prediction 2025 The price of Ethereum might reach $17,000 by the end of the first quarter and $18,500 by the end of the second quarter. In the third and fourth quarters of 2025, ETH prices might be $20,000 and $22,000 respectively. Ethereum Price Prediction 2026 The price of Ethereum might … Continued

The post Ethereum Price Prediction 2022-2026-Will ETH Price Hit $6500 by the end of 2022? appeared first on Cryptoknowmics-Crypto News and Media Platform.

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