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Bullswap Protocol
1. Summary
- Description
-
Bullswap Protocol is a decentralized exchange protocol built on the Ethereum blockchain. It operates as a seamless wallet-to-wallet swap system, allowing users direct access to various markets without deposits, trading fees, or sign-ups. The protocol emphasizes ease of use, gas efficiency, censorship resistance, and zero rent extraction, making it...
Bullswap Protocol is a decentralized exchange protocol built on the Ethereum blockchain. It operates as a seamless wallet-to-wallet swap system, allowing users direct access to various markets without deposits, trading fees, or sign-ups. The protocol emphasizes ease of use, gas efficiency, censorship resistance, and zero rent extraction, making it beneficial for traders and ideal for integrating into other smart contracts.
Features:
- Liquidity Management: Smart contracts hold liquidity reserves of multiple tokens, fulfilling trades directly from these reserves. Each pair stores pooled reserves of two assets, ensuring liquidity and maintaining the invariant reserve product.
- Decentralized Structure: The fully decentralized system ensures user security and safeguards against personal information exposure, with no central server to hack.
- Governance and Fees: Liquidity providers earn trading fees, while users can also offer liquidity and earn rewards in the form of the BullSwap token (BVL). 0.25% of trading volume is distributed proportionally to all liquidity providers.
BullSwap Token (BVL):
- Purpose: BVL serves as the main token of the exchange, encouraging participation within the BullSwap ecosystem through staking and community governance rewards.
- Benefits: Token holders receive 80% of transaction fees distributed based on their balances, incentivizing long-term trading and holding of BVL tokens.
Price | |
52W High price | $0.001390350900 |
52W High date | 22nd Mar 2022 (2 years ago) |
All Time High (ATH) Date | 13th Sep 2024 (5 months ago) |
All Time Low (ATL) Date | 13th Sep 2024 (5 months ago) |
Supply & Trading Volume | |
Trading Volume (24h) | $34.00 |
How does Bullswap Protocol's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
51,626.9%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
Reddit Subscribers | 0 |
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Active Reddit Users (past 24h) | 0 |
Discord users | |
Active Discord Users | |
Telegram Users | 752 |
Twitter followers | 540 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
Website | https://bullswap.org/ |
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Explorer | https://etherscan.io/token/0xe7d324B2677440608fb87... |
@Bullswap_DeFi |
What is the correct contract address for Bullswap Protocol?
Ethereum | 0xe7d324b2677440608fb871981b220eca062c3fbf |
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Has Bullswap Protocol been audited for security?
No security audits found for this project.
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