Coinswap Space is a decentralized exchange, or DEX, created for swapping BEP20 tokens on the BNB Chain. It uses an automated market maker (AMM) model where users can trade against a liquidity pool. Those pools are filled with users’ funds; they also deposit them into the pool, receiving liquidity provider (LP) tokens in exchange. They can use those tokens to reclaim their share, plus a portion of the trading fees.
SpacePad
SpacePad is a great component of the Coinswap Space platform that features IDOs, or what you call initial DEX offerings. This pertains to the launching of a cryptocurrency on a decentralized exchange that aims to raise capital and launch a project. SpacePad also allows you to fund a project by connecting your wallet to our platform and donating a certain amount to the current featured IDO to support it.
Coinswap Space aims to create a strong foundation for the community by giving them incentives in exchange for their support of the AMM model and creating an advanced ecosystem for automated liquidity provisioned on BNB Chain. It also creates a strong foundation for the community by giving them incentives in exchange for their support of the AMM model and developing an advanced ecosystem for automated liquidity provisioned on BNB Chain.
The platform’s main target is consumers that are avoiding the high gas fees of Ethereum Blockchain and also to become the best platform that you can use that operates in the AMM model of the BNB Chain.
Who are the founders of CoinSwap Space (CSS)?
Michal Bartczak is the Co-founder and CTO of Coinswap Space since 2021.
Born in Poland in 1977, self-taught frontend and smart contract developer, entrepreneur, and enthusiast of decentralized finance. Since 2001, he has been associated with internet services, 2015 with blockchain technology. He dropped out of legal education after 3 years at the University of Lodz and created an interactive agency that provided hosting services, internet campaigns, and web services for e-commerce and FinTech companies.
He launched his first Bitcoin miner in 2015, and since then, his passion has become his profession. In 2017, he created a fully remotely managed Ethereum data center with a capacity of 1MW. Since 2019, he has been associated with the DeFi market as a smart contract developer, on-chain data analyst, and technology advisor to investors. In his career, he gained experience in managing multi-person technology teams, an enthusiast of agile project management techniques.
What is CoinSwap Space (CSS) used for?
Business
CoinSwap Space tokens ($CSS) can be exchanged for products and services that are being offered on the CSS Platform.
Investment
These tokens can also be used as an investment that can provide value to the community and supporters.
Creating an NFT character
Users can create NFT characters and also implement them to represent a certain project.
Gaming
An arena where community players can play and win tokens when they participate or overcome the challenges in the game/s.
NFT SpaceMarket
A marketplace for NFT arts and other kinds of NFTs.
Metaverse NFT fractalization for games & competitions
A space where you can interact in a computer-based environment created for NFTs that are mainly factored for games and competitions.
Community
CoinSwap Space is designed for community votes, either for buybacks and burns or for staking rewards through our vote-for-stake model.
AMM/Swap
Coinswap can launch new pools, it is an automated market maker that utilizes smart routing that gives its clients the best swapping rate, slippage, and price impact available. The liquidity provided to the swap comes from Liquidity Providers (“LPs”) who stake their tokens in “Pools”. In exchange, they get CSS-LP (CoinSwapSpace-LiquidityProvider) tokens, which can also be staked to earn $CSS tokens in the “farm”.
Transaction Fees
Every time that a user creates a transaction (Example: Swaps $BNB for $CSS), a 0.2% fee is taken on the trade. 0.17% – Is returned to liquidity pools in the form of a fee reward for liquidity providers and 0.03% for Coinswap Space.
Yield Farming
Coinswap provides you with various yield farming pools. We incentivize many liquidity pairs by offering our LPs the option to stake their CSSLP (CoinSwapSpace Liquidity Provider) tokens in our farms.
Staking
At the Stake & FaaS Section, users can stake & un-stake their $CSS tokens. They can also get rewarded in either $CSS, $MVP, or $EX Tokens.
How is CoinSwap Space (CSS) unique?
CoinSwap is a decentralized liquidity protocol platform on the BNB Chain Network that allows you to list any BEP20 tokens. Any token can be listed and sold. Each pair is managed by a CoinSwap contract and anyone can become a “liquidity provider” for a pair by putting reserves in the pair’s pooled assets.
On the Dapp, they have added a feature called on-chain voting. In case you don’t know, the CSS token is both a utility and governance token that can help when it comes to on-chain voting. On-chain governance is a system for managing and implementing changes to cryptocurrency blockchains. In this type of governance, rules for instituting changes are encoded into the blockchain protocol.
Mainly, on-chain governance emerged as an alternative to informal systems of governance. It claims to solve the problems of the centralization of cryptocurrency by incorporating all nodes within a blockchain network into the decision-making process. Lastly, the CSS token gives holders voting rights over proposed revisions to smart contracts at issuing protocols, allowing them to have their voices heard when it comes to making changes to how that protocol operates.
The world is getting more and more digital and cryptocurrencies like $CSS tokens by Coinswap Space can be a game changer in the future. One thing that’s changing is how we pay for things. Instead of using paper money, or credit cards, we now use cryptocurrencies like $CSS tokens. The CSS platform allows users to buy goods and services by using CSS tokens. These tokens can also be utilized as a tool for investing that creates value for the users and community.
Because CSS serves as both a governance token and a utility token, the platform has implemented on-chain voting mechanisms that allow CSS holders to influence the future of the platform, allowing collaboration opportunities, a more involved community, and efficient project development. $CSS tokens have a user-friendly trading environment. It has been created to provide simple, fee-effective transactions that are advantageous to both the user and the network. It is designed to help users, whether they are seasoned investors or novices, manage their investments successfully so they can focus on what matters most: making money and rewards.
As a result, users will find it simpler than ever to locate and seize the best investment opportunities. By providing traders with the resources they need to execute top-notch deals, CSS not only increases the opportunities available to them but also makes it simpler for them to expand their portfolios. Additionally, CSS saves traders’ time by displaying markets that are expected to become more popular and emphasizing those that are now performing well.
How many CoinSwap Space (CSS) coins are in circulation?
CSS is a utility and governance token. It has an initial supply of 400,000 and a maximum supply of 19,999,999.
How is the CoinSwap Space network secured?
The platform is secured and audited by Certik, a popular cryptocurrency auditing company.
How do I buy CoinSwap Space (CSS)?
The CSS token can be used for a wide range of purposes, like staking and governance.
CSS tokens can be easily purchased by following the following steps.
Open an account with the crypto trading platform.
* Transfer the specific amount of your fiat currency to your account.
* Wait for your deposit to be confirmed and buy CSS through your trading account by swapping with BTC, ETH, or USDT pairs.
Which Cryptocurrency Wallet Supports CoinSwap Space (CSS)?
The PTPWallet platform supports many cryptocurrencies, with CSS soon to be included. Because of its vast use case, PTPWallet has grown to become one of the most used platforms, as it serves as an exchange and an engine to discover other cryptocurrencies. The platform offers a simple user interface, is supported by both Android and iOS devices, and comes with its own mobile wallet app.
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