What is KwikSwap?
KwikSwap is a revolutionary Swap Protocol with Layer 2 Scaling powered by Ethereum, Polkadot and Plasma / OVM. The Protocol is currently V1 on Ethereum Mainnet and V2 on Polkadot / Plasma will be launched on testnet by the end of January 2021. Plasm & Polkadot Mainnet link should be completed within Q1 2021.
Users can swap, create markets, add liquidity & stake. V3 is going to feature the most exciting functionality yet to hit the decentralized space. User can trade with next to no fees and at lightning speeds!
Unlike other clones that are built on Uniswap, KwikSwap is built from self developed source code and offers a superior swapping, liquidity and staking experience.
Kwikswap is a non-custodial, Layer 2 Scaling asset protocol. Kwikswap is a decentralized protocol for swapping digital assets. We offer trading of digital assets without any central party using layer 2 scaling protocol. Kwikswap has been designed and produced to form a decentralized final state as the financial industry is moving towards DeFi. Kwikswap has it’s own
Token (KWIK) for staking, investment, and trading faster with a very low transaction fee whilst maintaining access to the DeFi ecosystem. Kwikswap is a layer 2 scaling DeFi protocol with Automated liquidity. Users can deposit Ethereum and any other standard ERC-20 token and in return they’ll receive “KWIK” Token which can be used for Governance protocol and also for tracking the share in the liquidity provider pool. These assets are then used to create decentralized swaps. KWIK Token can be used for fee collection, you can claim your fee share by burning the pool tokens.
The World has suffered financially due to the COVID-19 Virus , everyone wants to solve thefinancial problems, for example inflation, transactional frictions and lack of trust in central governments. Decentralized finance is the solution for all of these problem where user can protect their assets.
Users are actively participating in DeFi projects for trading, staking and investment. Kwikswap provides the solution for all of these problems in an extremely unique way. DApp & DEX will be the future of trading and investments around the globe. The DeFi Industry is booming rapidly, unfortunately this also brings the possibilities of risk. Central Exchanges can be hacked, manipulated very easily because of a central authority that is controlling the entire exchange platform. Decentralized Exchange solve the problem of a Central authority, where everything is transparent. Automation is the solution in a world where many simultaneous tasks are in high demand.
On the Kwikswap protocol a user can trade their crypto assets with other tokens from other asset and liquidity providers. Kwikswap removes the need of intermediary parties and the risks that a result of keeping them in the equation. Kwikswap provides the solution for swapping, Trading, Staking, Holding your assets in a very simple and decentralized manner in one simple to use protocol. Users can easily Swap their assets and earn while staking.
Please refer to our whitepaper for more information.