California, USA, May 30, 2023, ZEX PR WIRE, OscarSwap is a decentralized exchange (DEX) that uses Automated Market-Maker (AMM) technology (DEX is based on Ethereum Layer-2 Arbitrum). With the lowest cryptocurrency exchange costs available, very profitable yield farming payouts in three coins (ETH, OSCAR/USDT) and compound staking incentives, this is the perfect choice for anyone looking for passive income. Take the opportunity to earn 100% of the revenue generated by the protocol.
This is DEX by the people for the people!!!!
OscarSwap utilizes a unique blend of off-chain order books and on-chain automated market makers, resulting in a harmonious merging of decentralized and centralized exchange functions. This innovative approach gives the platform trading speeds that rival their centralized counterparts and surpass traditional decentralized platforms.
“If you’re a market maker, you have the ability to provide liquidity, much like a centralized exchange. Also, behind the scenes, we are empowering retailers by giving them access to liquidity via Automated Market Makers (AMMs).” Can do
The market is primarily influenced by momentum as it is driven by FOMO sentiment (fear of missing out) and the propensity of individuals to follow the crowd when entering trades. Such behavior is an inherent feature of the market.
What does Oscarswap offer?
- Verified Earnings Yields
- Wallet-friendly fee
- Convergence trading bot
- Oscar sign
- Cross chain layer 2 bridge
- Farming/Stake Pool (rewards in 3 different currencies)
Learn more about the OscarSwap features here: Documentation
Comparison between OscarSwap and Arbidex
Let’s look at the difference between the two:
Yield farming APY:
| Oscar swap | Arbidex |
| OscarSwap is a relatively new venture with yields two to three times higher and plenty of room for growth and versatility. The reward will be paid to users in three different currencies: ETH, OSCAR and USDC. | OscarSwap’s main competitor: Arbidex is overpopulated, which is why yields have already plummeted. |
Focus and goals:
| Oscar swap | Arbidex |
| It offers users comprehensive access to the world of DeFi with features such as asset swapping, yield farming, NFT trading and bridging assets between different networks. The aim is to offer users a holistic and streamlined experience. | The main goal of Arbidex is to allow users to maximize their trading profits through arbitrage strategies. |
User-friendly mobile app:
| Oscar swap | Arbidex |
| OscarSwap is an Android mobile app that allows users to use a cross-chain bridge to swap their assets from one chain to another. Also, they can use fast and efficient DEX. However, staking and farming will go live in our next release. download | Not applicable |
Services rendered:
| Oscar swap | Arbidex |
| OscarSwap offers a range of services including asset swaps, yield farming, NFT trading and asset bridging between networks. There is also a focus on automatic token whitelisting, simplified bridging steps and a seamless network transition for a user-friendly experience. In addition, farming yields are split across the major coins to balance the rewards. | It integrates with various exchanges and allows users to exploit price anomalies and execute trades at favorable rates. Arbidex aims to streamline the process of identifying and executing profitable arbitrage trades for its users. In addition, it offers farming yields in two coins. |
Security and protection for the community:
| Oscar swap | Arbidex |
| OscarSwap believes in safety and security. Our smart contracts are verified by the leading companies CERTIK and SolidProof. In addition, we passed KYC to ensure the community’s trust in the KYC badge. | Checked by established auditing companies. |
Governance and decision-making:
| Oscar swap | Arbidex |
| It implements a governance protocol that allows users to vote on key decisions such as token allocation, feature rollout, reward allocation, and lock-up periods. It uses time-locked, multi-signature wallets to ensure transparency and community participation in decision-making. | While Arbidex does not explicitly emphasize governance as a core feature, it may include decision-making mechanisms. |
Comparison between OscarSwap and Uniswap/Sushiswap
Both Oscarswap and the other two dexes (Uniswap and Sushiswap) charge their users a significant amount in the form of transaction fees. However, there is a big difference in giving back to the community. Both Uniswap and Sushuswap do not offer direct profits in exchange for high transaction fees.
OscarSwap introduces the revolutionary concept of earning 100% of the revenue generated by the protocol, becoming the first DEX to offer such a feature. By providing liquidity with the $OSCAR token, users can earn real, liquid cryptocurrency generated by the protocol, giving the token significant utility.
Presale details
The presale will go live on pinksale on 05/30/2023 at 16:00 (UTC). The soft cap for OscarSwap FL is 50 ETH. And the official list price of the $OSCAR token is $0.016, and the team hopes to reach a price of $1, which is easily achievable and realistic based on the features and functionality that $OSCAR offers.
The funds collected in advance are distributed optimally. 60% of the funds raised will be used to provide liquidity and 30% will go to the Treasury and Insurance Funds to protect the community through the insurance pool, marketing for major exhibitions and developing future facilities.
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