Polkaswap PSWAP Price 0.00179127

To learn more about this project, check out our deep dive.
What is Polka swap?
Polkaswap is an open-sourced, non-custodial DEX protocol.
Polkaswap runs on the SORA network which is built with Substrate and is compatible with the Polkadot and Kusama ecosystems.

Who are the people who started Polka swap?
The Polka swap project was started in June 2020 with a grant from the Web3 Foundation.
Polkaswap is a fully undenatured project.

This is where you can learn how to submit an RFP.

What makes Polka swap unique?
The Polkaswap project is designed to support faster trading without the need for a middleman.
The majority of DEXs are built on top of the ether.
Gas fees are cheaper on the Substate network than on other networks.
A smart contract that manages XOR supply is one of the unique features of Polkaswap and the SORA network. It helps Polka swap by providing deep liquidity for large trades and by reducing the effects of pump-and-dump manipulation attacks.
Users can earn money from their assets on Polkaswap by supplying liquid to its pools.

There are pages related to this.
In our deep dive, you can read more about Polka swap.
Decentralized exchanges can be found here.
You can learn more about Uni swap and Sushi swap.

You can take a deep dive into smart contracts.
You can learn everything you need to know in Alexandria.

How many PSWAP coins are in circulation?
PSWAP is the native token. The SORA network has a deflationary model that burns more token than it mints.
Almost all of the burned PSWAP token has been re-minted and allocated to the providers.
Around 36% of the total supply of 10 billion max supply of PSWAP is in circulation.
PSWAP token are deflationary because more are always burned than minted.
The distribution of PSWAP token is as follows: 45% as market-making rewards, 30% as initial release development, 25% as token bonding curve rewards, and 4% as launch rewards.

How is the Polka swap network secured?
The SORA network's security is taken advantage of by Polkaswap.
You can learn more here.

Where can you buy polka swap?
Polkaswap can't be purchased with cash at the moment. PSWAP can be bought on exchanges.
In our deep dive, you can learn more about Polka swap.
Is it a new person? You can read about how to buy and enter the market.

There is a Telegram group.
There is a Github account for Polkaswap-web.