Majuro, Marshall Island, Sept. 15, 2022 (GLOBE NEWSWIRE) — Hamster Swap, one of the upcoming projects, has launched the long-awaited swap system to facilitate easy cryptocurrency exchanges. In a largely volatile market, Hamster Swap intends to launch a project that will remain unaffected by the ups and downs of the market. It has everything a project needs, a sustainable idea, market-oriented tokenomics built on the right blockchain. Best of all, it is decentralized, meaning power is not limited to a few and the platform is open to all.
Swap system for easily exchanging cryptocurrencies
For those unfamiliar with the concept, swapping exchanges one cryptocurrency for the other. For example, if a user wants to convert Bitcoin to ETH, they can either convert Bitcoin to fiat currency first and then use it to buy ETH, or simply swap the two. The former has two disadvantages. First, it’s time-consuming and much more complex, and in this fast-paced world, everyone wants processes to go through instantly. Secondly, since there are two conversions, the fees or charges are doubled. This is where swapping comes to the rescue, removing the need to involve fiat currencies, simplifying the process and reducing overall time. And with the launch of the feature by Hamster Swap, everything is poised to hit the market, which is already suffering from a lack of reliable decentralized exchanges (DEX).
About hamster swap
Hamster Swap plans to provide investors with a decentralized platform to maximize their profits and provide security. And to ensure this, the team developed the project on Binance Smart Chain (BSC), which is known for its fast processing time, ability to carry out a large number of transactions at the same time and lower fees.
As for the De-Fi aspect, it’s much more secure, investors have complete control over their funds and assets and don’t have to comply with the regulations of any central authority. Also, centralized exchanges can arbitrarily set the fee for using the platform, which is not the case with Hamster Swap. It will offer complete transparency in every respect and will allow users to review the rules by which financial assets and products operate. Trust is another critical factor that hamster swap encourages throughout the community as it could single-handedly propel the platform to success. The more people trust a platform, the higher the investment!
About the tokens
Hamster Swap’s native token, $CHEESE, is backed by well-crafted tokenomics and uses multiple rewarding protocols that help investors earn big over the long term. The total supply of the token is capped at 1,000,000,000,000 and a 10% marketing fee is charged on transactions.
Investing in Cheese comes with several benefits, such as the ability to earn passive income through staking. This is where investors add their current holdings to the staking pool to verify transactions and receive a steady flow of funds. Investors can earn up to 120% APR by wagering the Cheese coin.
Hamster Swap is a part of the Hamster token ecosystem, the primary token that runs everything. Named HAM, it has already attracted the interest of both large and retail investors, including Jack Dorsey, and has seen significant growth since its launch. The total supply of HAM is capped at 10,000,000,000,000,000 or 10 quadrillion, of which 17.5% would be available to the public.
One of the main reasons for the success of the HAM token is a well-designed system where 54.6% of the total supply is burned or sent to a dead address, phasing them out of circulation. It will be a gradual process with tokens being burned on a weekly basis. For someone planning to invest in HAM, it will be very beneficial. When the total number of tokens in circulation decreases, the value of the remaining tokens increases automatically. And once the dedicated quota of tokens is burned, imagine how high the price would go up.
It’s the ideal time to register with Hamster Swap, use its exchange system to exchange cryptocurrencies and invest in the tokens to earn both passive rewards and through the price increase of the tokens in the market. Also, Hamster Swap is hosting exclusive IDOs for $CHEESE. Don’t miss them as this could be the chance to acquire the token at low prices before it is listed on the exchanges.
To learn more about Hamster Swap, visit the official website: https://swaphamster.io/
Also, follow Hamster Swap on all available social channels to stay up to date with the latest developments, sales and updates on the project.
DDisclaimer: This article does not contain an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or other product or service. This is not investment advice. Please do your own research
Contact person: Phu
Company name: Hamster Finans LTD.
Location: Majuro, Marshall Island