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 the 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, it is the perfect option for anyone looking for passive income. Take the opportunity to capture the whole 100% of the revenue generated by the protocol.
It’s a DEX from the people for the people!!!!
Oscarswap utilizes a unique blend of an off-chain order book and an on-chain automated market maker, resulting in a harmonious merging of decentralized and centralized exchange functions. This innovative approach enables the platform to offer trading speeds that surpass traditional decentralized platforms while still being able to compete with their centralized counterparts.
“If you’re a market maker, you have the ability to provide liquidity, much like a centralized exchange. At the same time, behind the scenes, we can empower retailers by giving them access to liquidity via automated market makers (AMMs).”
The market tends to be primarily influenced by momentum as it is driven by a sense of FOMO (fear of missing out) and the propensity of individuals to follow the crowd when entering into trades. Such behavior is an inherent feature of the market.
What does Oscarswap offer?
- Verified Earnings Yield
- Wallet-friendly fees
- Convergence trading bot
- Oscar sign
- Cross-chain layer 2 bridge
- Farming/Staking Pool (reward in 3 different currencies)
Learn more about Oscarswap features here: Documentation
Comparison between Oscarswap and Arbidex
Let’s examine the contrast between the two:
Yield farming APY:
| Oscar swap | Arbidex |
| Oscarswap is a relatively newer venture with 2-3x higher yields and plenty of room for advancement and versatility. The reward will be paid to users in three different currencies: ETH, OSCAR and USDC. | Oscarswap’s prominent competitor: Arbidex is heavily populated, which has already reduced yields. |
Focus and purpose:
| 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 |
| The Oscarswap Android mobile app allows users to use a cross-chain bridge to swap their assets from one chain to another. You can also use the fast and efficient DEX for trading. However, staking and farming will be live in our next release. Download | N / A |
Services offered:
| 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 into key coins to balance rewards. | It integrates with various exchanges and aggregates liquidity to allow users to take advantage of price differences and execute trades on favorable terms. 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 contract is checked by the leading company CERTIK & SolidProof. In addition, we passed KYC verification to ensure community 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 important decisions such as token allocation, feature rollout, reward allocation and lock-up periods. It uses time blocking and a multi-signature wallet to ensure transparency and community participation in decision-making. | While Arbidex doesn’t explicitly emphasize governance as a core feature, it may have decision-making mechanisms in place. |
Comparison between Oscarswap and Uniswap/Sushiswap
Both Oscarswap and the other two DEXes (Uniswap and Sushiswap) charge a significant amount of transaction fees from their users. However, they show a clear difference in terms of return to the community. Both Uniswap and Sushuswap offer no direct benefits in return for the 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 cryptocurrencies generated by the protocol itself, giving the token significant utility.
Presale details
The presale will take place 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 $OSCAR token is $0.016, and the team expects to reach the price of $1, which is easily achievable and realistic due to the features and functions that $OSCAR offers.
The funds collected in advance are distributed optimally. 60% of funds raised will be used to provide liquidity and 30% will be channeled to the Treasury and Insurance Fund to protect the community through the use of insurance pools, awareness marketing and development of upcoming features.
Social Media Links:
WEBSITE: https://oscarswap.com/
Mobile App: https://play.google.com/store/apps/details?id=com.oscarswap
DEX: https://app.oscarswap.com/
AUDIT: https://oscarswap.com/audit.pdf
CertiK AUDIT: https://skynet.certik.com/projects/oscarswap
KYC: https://github.com/solidproof/projects/tree/main/OscarSwap
TWITTER: https://twitter.com/Oscar_Swap
TELEGRAM: http://t.me/Oscar_Swap
GITBOOK: https://oscarswap-official.gitbook.io/oscarswap-official/
MEDIUM: https://medium.com/@oscarswap
REDDIT: https://www.reddit.com/r/Oscar_swap/
GITHUB: https://github.com/Oscarswap
INSTAGRAM: https://www.instagram.com/oscar_swap/
FACEBOOK: https://www.facebook.com/Oscarswap/
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