eMariswap
3 min readOct 1, 2021

--

Introducing eMariSwap

eMariSwap exchange is one of the most advanced Decentralised exchange built on the Binance Smart Chain. eMariSwap exchange is a decentralised financial system that seeks to create an ecosystem of financial products that do not rely on traditional financial intermediaries such as banks and government institutions. Its operations will be based on smart contracts which are automated enforceable agreements that do not need intermediaries to execute and can be accessed by anyone with internet connection. eMariSwap Exchange uses an automated market maker model where users trade against a liquidity pool.

Our exchange is not only going to solve challenges that are being spearheaded by our centralised financial system, but it will be a solution to poverty in the marginalised regions of the world through empowering the general populace.

eMariSwap platform gives the opportunity through the advantage of block-chain technology for millions of people to come together and build something that can transform lives forever. It is a permission-less ecosystem which does not rely on a central authority to administer transactions hence it provides the highest levels of safety and comfort to the community. eMariSwap Exchange will be community governed and will offer the following products:

· Trading Swap/ Exchange

· Liquidity pool

· Staking

· Yield Farming

· Lottery

· Predictions and more

Swapping tokens

Users are required to create an account on metamask/trust wallet to utilise this service.

Once a metamask/trust wallet account is created, users can select tokens they own to swap for another type of cryptocurrency.

Adding liquidity

To provide liquidity, users deposit an equivalent value of tokens into the token’s associated exchange contract

Once you have tokens for liquidity, you can add them to a “pool” on the eMariSwap interface.

Users who provide liquidity on eMariSwap earn exchange fees, calculated per the value of tokens offered for liquidity.

Removing liquidity

You can remove the liquidity on eMariSwap by merely choosing the ‘Remove Liquidity’ option from a drop-down menu.

Stacking

Many long-term crypto holders look at staking as a way of making their assets work for them by generating rewards, rather than collecting dust in their crypto wallets.

Staking has the added benefit of contributing to the security and efficiency of the blockchain projects you support. When you stake some of your funds, you make the blockchain more resistant to attacks and strengthen its ability to process transactions. (Some projects also award “governance tokens” to staking participants, which give holders a say in future changes and upgrades to that protocol.)

Staking can be a financially attractive option for crypto investors who hold — rather than day-trade — assets, however small they might be. The great thing about staking is, while it might be underpinned by complex mathematics, actually staking requires very little technical knowledge.

Yield Farming

Yield farming is a process that allows cryptocurrency holders to earn rewards on their holdings. With yield farming, an investor deposits units of a cryptocurrency into a lending protocol to earn interest from trading fees. Some users are also rewarded with additional yields from the protocol’s governance token.

Yield farming works in a similar way to bank loans. When the bank loans you money, you pay back the loan with interest. Yield farming does the same, but this time, the banks are crypto holders like yourself. Yield farming uses “idle cryptos” that would have otherwise been wasting away in an exchange or hot wallet to provide liquidity in DeFi protocols like eMariSwap in exchange for returns.

Lottery

A crypto lottery is similar to the ordinary traditional lotteries in which you buy a lottery ticket with a specific number written on it. Once the specified times come, a random selection of numbers occurs, and a lottery that has the maximum similarity in the digits; wins the game.

--

--

eMariswap

eMariSwap exchange is one of the most advanced Decentralized exchange built on the Binance Smart Chain. https://emariswap.finance/