Swapr is a decentralized exchange that belongs to DXdao that was created in May 2019. It developers, governs, and works on the product. The team is focused on growing the DeFi ecosystem. There are over 400 unique stakeholder addresses, 14.94M TVL in DXdao products. The developers communicate via Discord and their forum. They also hire some talented developers to keep improving the services.
Let’s talk about the details of DXDao and the Swapr decentralized exchange.
- They have Swapr, Mesa, and Omen products in the portfolio.
- Swapr is a multi-chain AMM that is featured by LP governance, DIY farming, Swapping, Staking, etc.
- The system uses the first automated market maker (AMM) that allows swapping tokens without registration.
- Swapr was launched a DeFi protocol on Ethereum.
- The developers have completed all Roadmap goals.
How does Swapr work?
- We can swap our tokens directly from a wallet
- There’s staking possibilities to make profits.
- We can buy their native token – SWPR.
- We can participate in two-coin liquidity pools.
- If we have enough SWPR we can join the government.
We can check Swapr Protocol Analytics where the data about: price, liquidity, volume 24 hours, top tokens can be found. There are not so many tokens overwatched. The data about top pairs look cut as well. Only DAi-ETH and DXD-ETH have intel about fees (24 hours) and fees/liquidity data. There’s an extra like a wallet analytics by value. DAI=ETH is ahead with $960,830. The next one is DXD-ETH with $83,860. DAI-ETH has 28.42 APR, DXD-ETH has 31.42 APR, and SWPR-ETH has 160.46% APR.
What can you buy on Swapr?
We can buy a SWAPR token to participate in the SWPR-ETH pool mentioned earlier.
Is Swapr safe?
We’d like to say “yes”. The core project has been existing for almost three years. Everything is built on the Ethereum blockchain.
Swapr fees, compatible wallets, and transactions
- The system doesn’t charge fees within the platform.
- The platform is compatible with any wallet that supports Ethereum.
- It proceeds transactions within several seconds if we tolerate average slippages.
What are the ways to trade on Swapr?
We can trade SWPR on Binance, Kraken, or similar platforms.
The devs provide support via a forum and a discord channel. We have a page of Swapr created on Twitter in May 2020. There are only 3077 followers. They have decided to provide us with a link on DXdao_ and their Discord channel if we want to ask something or need customer support.
Should you trade with Swapr?
Swapr summarySwapr summary
- The company behind the service exists for almost three years
- A native token available
- No team revealed
- A few details about a road map explained
- No people testimonials provided