Tapswap Finally Announces TON Blockchain as Its New Home
Jun 15, 2024 pm 12:19 PMThe Tapswap team has finally addressed the uncertainty surrounding the blockchain they would be launching their project on by announcing that it was now going to launch on the Open Network (TON) blockchain.
input: about Tapswap
Tapswap is a multi-chain decentralized exchange (DEX) that enables users to swap cryptocurrencies across different blockchains.
The platform currently supports Solana, BNB Chain, Polygon, Ethereum, Avalanche C-Chain, Fantom Opera, Tron, Klaytn Mainnet Cypher, Harmony One and Near Protocol.
Tapswap also provides cross-chain yield farming, NFT minting and burning, and cross-chain airdrops.
The platform's native token is called TAP and it is used for governance, staking and paying fees on Tapswap.
Tapswap was founded in 2022 and it is part of the Telegram Open Network (TON) ecosystem.
The platform is available as a web app and a mobile app on both iOS and Android devices.
To use Tapswap, users need to connect their crypto wallet to the platform.
The platform supports a wide range of wallets, including MetaMask, Phantom, Slope, TronLink, Klaytn Mask, Harmony One Wallet and Near Wallet.
Once the wallet is connected, users can select the cryptocurrencies they want to swap and the amount they want to swap.
Tapswap will then show the users the best rates for the swap and the users can choose the rate they want to get.
After the users have confirmed the swap, the cryptocurrencies will be swapped and the users will receive the new cryptocurrencies in their wallet.
Tapswap also offers a cross-chain yield farming feature that allows users to earn rewards by providing liquidity to cross-chain pools.
The platform currently has two yield farming pools: one for SOL-USDC and another for TON-USDC.
To participate in yield farming, users need to stake their cryptocurrencies in one of the pools.
The users will then earn rewards in the form of LP tokens, which can be used to claim rewards or unstake cryptocurrencies from the pool.
Tapswap is a user-friendly and convenient platform for swapping cryptocurrencies across different blockchains.
The platform offers a wide range of cryptocurrencies, competitive rates and a variety of features, making it a great choice for both beginners and experienced crypto users.output
News source:https://www.kdj.com/cryptocurrencies-news/articles/tapswap-finally-announces-ton-blockchain.html
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