DANA and SCLP tokens are trendy. What about SWASH?

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Cryptocurrencies – FinanceBrokerage

DANA and SCLP tokens are trendy. What about SWASH?

Ardana is a defibrillation hub with strong potential. The team built it on the Cardano blockchain. This platform offers Cardano users tried and tested defi-primitives. The latter will catalyze and maintain its financial ecosystem. According to the team, Ardana is the first decentralized stablecoin platform that enables customers to leverage supported Cardano-native assets by generating stablecoins against them. The second is Danaswap, which enables highly efficient swaps between stable asset sets and provides liquidity providers with a place to earn trading fees and various DANA rewards for their liquidity provision.

In addition, Ardana is an ecosystem of independently functioning, but symbiotically working defi-protocols on the Cardano blockchain. The team designed Ardana and its constituent protocols individually, but with collective features, so that they could function as the financial base layer for Cardano’s nascent decentralized economy. The company uses historically proven protocol models based on stability, capital efficiency, and composability to achieve this goal.

Ardana will enable its customers to generate stablecoins against blocked collateral in the chain. As a result, investors can generate various currency stablecoins. However, the Ardana dollar will be the leading stablecoin at launch. The Ardana Dollar (also called dUSD) is a decentralized, on-chain and unbiased cryptocurrency. It is also backed by collateral and is softly pegged to the US dollar. Users can hold dUSD in cryptocurrency wallets or within platforms and it is supported by Cardano.

What about Danaswap?

Danaswap is a decentralized exchange. The team designed it to achieve high-speed, ultra-low slippage multi-asset swaps between stable assets using multi-asset liquidity pools and stablecoins. Danaswap is also an automated market maker. This means that it automatically adjusts the concentration of the liquidity of a pool within a specified range. As a result, there is a narrow spread between the assets in the liquidity pool. This allows swaps to incur minimal slippage and fees without reducing the revenue of the liquidity providers.

The Ardana team will launch its token on October 28, 2021. The DANA token is very popular. It’s listed on the top ICO listing websites. The price of the token is USD 0.60 per DANA during the Initial Coin Offering. The company aims to raise 1,666,666 on sales and accepts ETH, USDT, and USDC in exchange for its native coin.

The scallop ICO is also in the spotlight

The Scallop is an innovative decentralized fintech ecosystem. The founding team designed it to give people a more efficient and faster way to securely manage crypto and fiat currencies in a single place. This robust platform combines decentralized financial services with banking functions such as cards, bank accounts, wire transfers and much more. Its aim is to promote the common use of crypto in daily life. In addition, the company aims to bring digital assets into the mainstream and even accelerate the transition to a decentralized and fairer ecosystem.

Scallop recently announced that its utility coin, SCLP, will be an ERC-20 and BEP token. It will also be an integral part of the scallop ecosystem. Token holders can use SCLP to stake and pay transaction fees or receive the tokens as trading bonus payments.

This platform offers traditional banking services with strong crypto and defi integration for both institutions and individuals. So far, it is the only banking service that connects bank accounts directly to digital or hardware wallets and enables seamless crypto-to-fiat or fiat-to-crypto transactions.

What about the features of Scallop?

Scallop offers various interesting products and functions, such as Scallop Pay, Scallop Cards or Scallop Chain. The first is a payment gateway for businesses to convert crypto to fiat and vice versa and receive payments from customers. The second allows users to pay for any goods or services online using digital assets. And the third is the world’s first regulated blockchain that will overlay the entire scallop banking ecosystem.

Scallop Chain can support cross-chain financial applications. It also enables institutional partners to develop and deploy secure custody services, debit cards, interest-bearing savings accounts and a fiat ramp for digital currencies.

The company will launch its ICO on October 27, 2021. However, the sale will end on October 29, 2021. The token price is $ 0.150000 per SCLP during the initial coin offering. Scallop plans to raise $ 150,000 in the first phase and will accept BNB in ​​exchange for SCLP.

What is swash and what does it offer?

Swash is a blockchain service. It enables all actors in the data economy to access data, earn it, build it and work together in a fluid digital ecosystem. The company will launch its native token on October 29, 2021. SWASH is a BEP-20 token and its price will be $ 0.09 during the Initial Coin Offering. The team wants to raise 50,000,000 with the sale. However, the total supply of tokens is 1,000,000,000.

Thanks to the Swash platform, users will have access to the next generation of data solutions through new incentive streams as well as a collaborative development framework. It will enable developers, individuals and companies to develop new realities of value creation and data ownership.

Individual users will be able to regain property and generate passive income while browsing the Internet, exchanging data values ​​for alternative ecosystem benefits, and collectively investing the value of the data in social development. On the other hand, companies get access to high-quality zero-party data on a large scale. They also save time and money by eliminating intermediaries, reducing bots and ad fraud. Swash will enable companies to improve the reputation and sustainability of business practices.

On the other hand, developers have the opportunity to accelerate innovations through improved access to diverse data and to become part of a new generation of data solutions. You will win new users through incentive mechanisms and communication.

What is Swash’s vision?

As an example of the world’s first digital data union, the founding team developed the browser extension Swash in 2019. Since then, the swash community has grown rapidly and has over 25,000 users around the world. The company takes a research-based approach. It has already conducted and participated in several studies in the emerging field of data ownership and data monetization.

It is intended to help create a new, more dignified Internet and to enrich its users in the process. In addition, Swash is redefining how data is collected and evaluated. It balances the power dynamic between online platforms and the people they serve.

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