Swapult

traditional finance in which individuals deposit into banks and other financial institutions and their money is used by the bank to maintain cash flow without proper compensation.

for various applications and projects in the public blockchain space geared towards disrupting the world of traditional finance. Inspired by blockchain technology, DeFi is referred to as a financial application built on blockchain technology.
Cryptocurrencies have exploded into a trillion dollar industry today, sparking a wave of financial disruption around the world. At the heart of cryptocurrency is a remarkable history of innovation that goes back to the 1980s, with advances in cryptography. Since then, a series of events have shaped the crypto space; the first cryptocurrency, Bitcoin, became the most prominent. Despite its spectacular growth in the last 12 years, financial services have emerged very slowly for Bitcoin — largely due to its inherent lack of stability and adoption. Mainstream institutions will not accept Bitcoin loans due to its significant price volatility — it makes Bitcoin a poor asset to plan any investment accurately. Things are changing rapidly in the crypto space, and decentralized finance (DeFi) is the current trend — it's an exciting space, no doubt about it.

As we all know, the world is moving very fast in technology, the emergence of blockchain technology also provides added value for many people, at this time definitely makes infrastructure SWAPULT.
#defi #Exchange $SWAPT

cross-chain for token pools and auctions supported by decentralized, infrastructure. by facilitating the purchase and transfer of tokens between blockchains. As blockchain-cryptocurrency innovators seek decentralized and censorship-resistant means of fundraising, Initial DeFi Offerings (IDOs) and Initial Liquidity Offers (ILO) have emerged. Moreover, with the advent of Automated Market Makers (AMM), token liquidity has become an important determinant of its market price. While markets are becoming more competitive and value-oriented, early-stage innovators are facing unprecedented challenges due to these fast-paced changes. Before registering, they must now seek liquidity investments for their tokens. In turn, however, that scenario presents new opportunities for early-stage investors,

Swap Solution

Swapult is a swapping protocol that envisions a decentralized way to connect early stages

blockchain-cryptocurrency innovators and investors. Its unified interface allows project owners to launch and manage liquidity auctions that are easy for investors to find on the platform.

Swapult embarked on a long-term mission to disrupt and fully decentralize liquidity auctions. the project was built with a vision to facilitate greater interoperability through cross-chain interactions, which in turn will further strengthen the adoption and value of DeFi.

Safe & Reliable

As such, there are two major barriers to mainstreaming DeFi, aside from the often-discussed issue of scalability. Most of the existing projects are not user friendly and steep

learning curve. Besides, a bug-laden and poorly written smart contract seems to be

weakens DeFi's potential to be tamper-proof. To mitigate this problem, we have used React

Native to build responsive Swapult UI, along with intuitive information architecture. At this stage, the stacks we use for MVP are Solidity, javascript, react, web3, and key

integrations include Remix, Truffle, and MetaMask. Besides, we have migrated

platform with Tomochain and is now working on integration with Polkadot parachains.

Swap Market Opportunities

Decentralized Finance (DeFi) has consistently gained popularity in the past year, and

now, we are witnessing the much-anticipated explosion of adoption. Driven by the emergence of decentralization

exchanges like Uniswap, as well as some promising dApp solutions, the market has grown with

over 1000% since 2019. At the time of writing, DeFi's total market cap is over $16

Billion.

Despite this, however, adoption still faces some obstacles. Blockchaincryptocurrency startups need to bootstrap liquidity, to ensure favorable trading prices on

DEX and other AMM based platforms. In this context, there is an increasing demand for decentralization,

an integrated cross-chain ecosystem that allows project owners to easily and safely conduct pre-registered liquidity auctions.

In turn, this is a long-term business opportunity and market scope for layer-3 exchange

protocols such as Swapult.

Swap Ecosystem

Broadly speaking, there are two categories of Swapult users. One of them involves the Project Owner or Pool

Creators, while Investors or Liquidity Providers (LP) consist of other people. In this section, we discuss

available pool types, user flows, pool state, and Swapult governance model.

Pool Type

There will be two types of pools on the platform— Direct Selling Pools (DSP) and Time Locked

Swimming Pool (TLP).

Direct Selling Pool (DSP): This is a pool with no lock-in period, where investors earn

tokens immediately after swap.

 Time-Locked Pools (TLP): These pools have a predetermined lock-in period and investors

receive exchanged tokens only after this duration expires. Smart exchange

the contract will also allow pool creators to define a specific lock-in period, thereby releasing

exchange assets gradually. For example, let's say, disburse 40% of the tokens exchanged

immediately and, after say 1 month, the remaining 60% in 6-equal monthly vesting.

swimming pool status

Each pool on the Swapult platform will have one of the following states at any given time. Based on pool status (and, also type) smart contracts will transfer liquidity and auction tokens to their beneficiary wallets.

 Created: this pool is available exclusively to SWAPULT token holders.

 Open: the pool is available to all Swapult users.

 Out of Stock: the specified supply of auction tokens has sold out, but is accumulating

duration is not over. In the case of TLP, tokens will be locked for the rest

duration.

Finish: the pool has reached the end of the specified duration. Both for DSP and TLP,

the remaining tokens are returned to the PO wallet at this point. Investors, on the other hand,

get their tokens purchased (exchanged) via TLP.

 Closed: pool is complete and tokens have been cashed.

Supported Blockchain & Wallet Project Owner Flow
After onboarding, project owners must first select the blockchain protocol relevant to
their project, as well as a cryptocurrency wallet.
At the MVP stage, Swapult supports projects based on Ethereum and the MetaMask wallet.
In the future, this platform will support other blockchain ecosystems. In addition, users will be able to
integrate wallets such as WalletConnect, Coinbase Wallet, Fortmatic, Portis, as well as other nonERC20 wallets.
Pool Creation
Project owners can start a pool by clicking on the 'Create Pool' button. Since Swapult follows
a strict non-intervention policy, the project owner or PO needs to specify the following parameters:
 Address token (contract), contains information about the name and ticker. In
the MVP phase, Swapult supports ERC-20 tokens. In the near future, the platform will integrate the non-exchangeable ERC721 token, as well as other cross-chain standards and functions.

 The total supply of tokens available for a given auction or pool.

 Assets for incoming pool payments or contributions. In the MVP phase, POs have
the option to pair their tokens with ETH or DAI or both. In the future, more swapping pairs
will be available as Swapult integrates other blockchain protocols.

 Swapping ratio—that is, the price of the auctioned token in relation to the liquidity
of the selected asset. As an incentive for Swapult token holders, the PO must specify a
discount percentage (for example, X% of the ETH price).

 The total duration of the pool, as well as whether it is a Direct Selling Pool or a TimeLocked Pool. The creators also specify the period of time (T% of total duration)
the pool will be opened exclusively for Swapult token holders.
Transactions
After filling in the details, POs need to click on the 'Start' button to register their pool on the
Ethereum blockchain (finally, on another blockchain relevant to their project). It will also
initiate the following transactions from the selected wallet:

 A predefined supply of auction tokens will be transferred to Hash
Timelock Contracts (HTLC), where contracts will be kept for the total duration of the pool.

 Gas fees for holding pools and updating their data on Ethereum. Code
Swapult's smart contract architecture ensures approximately 85% less gas costs for
project owners, compared to existing market standards.
Fees
The project owner will pay two categories of fees, which will be used for the development and maintenance
of the platform. For the share of auction tokens available to SWAPULT holders, the fee is
0.15% of the total liquidity generated. The rest, will be 0.2% of the total liquidity collected.
In the future, the government may choose to change the fee percentage.

The Liquidity Provider or Swapult
Investor Flow Option
has a market-like UI, where the liquidity provider or LP will be able to browse all
pools hosted on the platform — past, ongoing and future. At this stage, they will have
early access to the following information about the pool:
 Opening Time: when the pool is available. If the LP is not an eligible SWAPULT holder
, a message on the screen will specify the time when the pool is available for
non-SWAPULT holders.

 Closing Time: the time the pool duration ends.
 Time Time: remaining time available.
 Token Name: the name of the auction token, which is determined by the PO.
 Payment Method: ETH/DAI or both, as determined by the PO.
 Swapping Ratio: conversion rate is determined by PO.
 Status: the current state of the pool.
Supported Blockchain & Wallets: Even though LPs can track the above information, in order to
participate in the pool, they have chosen their preferred blockchain ecosystem and linked
the relevant wallets. In this case, they will have the same choices as the project owner.
Join Selected Auctions
Once this is done, the LPs can click the 'Merge' button for their chosen batch. In the settings interface,
they have to enter the number of auction tokens they want to buy or how much
ETH/DAI they want to invest.
Whatever the LP input is, the Swapult algorithm will automatically calculate the appropriate value
based on the group data. They will also receive a disclaimer informing them of the risks associated
with the investment, which they can accept or decline.
Recommendation: As a general security protocol, investors should perform a basic authenticity check
before selecting a pool. This includes reviewing smart contracts, owner portfolios, and
other similar documentation to avoid token and scam scams.
If they accept, the swap will be initiated, transacting the selected amount of ETH/DAI from the
linked wallet, plus a fee that goes to the Swapult wallet. Depending on the pool type,
auction tokens will be transferred to the same wallet immediately or after the duration of the pool.
burned. As for investors and liquidity providers, the
ownership of the SWAPULT token makes it eligible for various use cases.
Use Cases
SWAPULT Token has several use cases in the Swapult ecosystem:
 Additional Benefits: Investors holding SWAPULT tokens get additional benefits and
better swap ratio for pools running on the platform, as described in the previous section.
 Governance: The Swapult Platform will implement
a regular Proof of Stake (PoS) consensus mechanism, allowing SWAPULT holders to gain voting rights by staking
tokens is a designated wallet. In general, this mechanism will involve a limited period of staking,
which will be defined in detail at the launch of the governance of the platform.
Staking: Holders of SWAPULT tokens will be able to generate annual passive income from
their SWAPULT tokens, by placing them in selected ERC20 wallets. As an incentive,
SWAPULT holders will get staking rewards (discussed below allocation).
 Token Burning: Swapult adopts a Limited Top-Rated Burn policy and will use 16.667% of

his daily earnings to the SWAPULT buy market for token burning, with a limit of 20%
of the total supply of SWAPULT.
Reserves: These reserve tokens are allocated for future initiatives and to support
community, marketing, exchange fees, and long-term liquidity.
Token Sales Metrics
 Total Supply: 5,000,000 SWAPULT
 Pre Seed: 100,000 SWAPULT for $0.35. Key 3 months, then 8.33% monthly
 Strategic Round: 400,000 SWAPULT, at 0.455 USD. 10% at TGE, then 9% every month for
more than 10 months.
 Personal Sale 1: 700,000 SWAPULT, at $0.47775, 20% at 20% TGE, then 20%, monthly.
 Private Sale 2: 900,000 SWAPULT for $0.50050, 25% at TGE, then 25% monthly.
 Auction Pool: 100,000 SWAPULT for $0.7, unlocked.
 Selling Price: TBD.

Liquidity Fund: 100,000 SWAPULT (2%) will be awarded to provide liquidity in Uniswap and different trades after posting.

Token Sales Metrics:

Total Supply: 5,000,000 SWAPULT
Pre Seed: 100,000 SWAPULT for $0.35. Key 3 months, then 8.33% monthly 
Strategic Round: 400,000 SWAPULT, at 0.455 USD. 10% at TGE, then 9% every month for 10 months.
Personal Sale 1: 700,000 SWAPULT, at $0.47775, 20% at TGE 20%, then 20%, monthly.
Private Sale 2: 900,000 SWAPULT for $0.50050, 25% at TGE, then 25% every month.
Auction Pool: 100,000 SWAPULT for $0.7, unlocked.
Price List: TBD