What is Kava Swap (SWP)? Kava Swap . Cryptocurrency Complete

Kava is a Blockchain built on Cosmos. The project recently launched Kava Swap – the first AMM on the KAVA platform.

AMM is one of the most important pieces in a DeFi ecosystem, so Kava Swap receives a lot of attention from the community.

My brother and I learn about this new project.

What is Kava Swap (SWP)?

Kava Swap is the first AMM product on the KAVA blockchain, supporting transactions and providing DeFi services.

Similar to other Kava products such as Kava Protocol, Hard Protocol. Kava Swap will also be a cross-chain project, connecting liquidity in multiple blockchains together.

Highlights of Kava Swap (SWP)

Some highlights of the Kava Swap project can be mentioned as follows:

• Kava ecosystem is famous for Multiple Protocol Lending/Borrowing crosschainan AMM project will definitely take advantage of the Stablecoin, Lending/borrowing platforms available on the Kava ecosystem.
• The orientation of Kava Swap from the beginning is a cross-chain AMMthe project will soon integrate with BSC and Ethereum after launch.
• Kava Swap is First AMM on Kava, according to the project’s Roadmap, most likely Kava Swap will launch IDO on its platform. This is not only good for Kava Swap, but also good for everyone Kava’s ecosystem. IDO will be the foundation for the expansion of the KAVA ecosystem in the future.
• IEO: In the project’s tokenomics, 5% of tokens will be sold IEO, which means at launch, Kava Swap will be supported and listed directly on one of the famous CEX exchanges. Guess which CEX exchange will hold IEO for Kava Swap?

Learn more about what an IEO is and its difference from IDO, ICO, IFO here.

Kava Swap Token (SWP) Information

Key Metrics Kava Swap

• Token Name: Kava Swap Token.
• Ticker: SWP.
• Blockchain: KAVA blockchain.
• Token Standard: Updating…
• Contract: Updating…
• Token type: Utility, Governance.
• Total Supply: 250,000,000

Token Allocation

• Community: 55%
• Treasury: 25%
• Team: 15%
• IEO: 5%

Token Sale

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Token Release Schedule

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Token Use Case

The SWP will have the following functions:

• Administration.
• Staking.
• Reward Liquidity Providers.
• Bonus for KAVA Staker.

How to earn and own SWP Token

Users can earn SWP tokens through:

• Staking KAVA.
• Provide liquidity on Kava Swap.

SWP Token exchange & storage wallet

SWP Storage Wallet

Kava Swap (SWP) is a token on the KAVA Blockchain platform. Techtipsnreview Wallet currently supports Multi-chain (Ethereum, Heco, …), so SWP is likely to be supported on Techtipsnreview Wallet as well.

SWP transaction on Techtipsnreview Wallet

Currently, there is no information on which exchanges SWP is listed on; However, Techtipsnreview Wallet supports many popular AMMs today (Uniswap, SushiSwap,…) so SWP can be bought and sold right on Techtipsnreview Wallet. Details will be updated later.

Roadmaps & Updates

Kava Swap is expected to officially launch in August 2021. The current roadmap of the project is as follows:

• June 30: Complete the code of the Kava Swap project.
• 12/7: Kava Swap will launch a testnet version and will have a program to encourage everyone to participate in the experience.
• 7/14: Code of Kava Swap will be completed by Audit.
• 12/8: Kavaswap product will officially be Mainnet.

Project team, investors & partners

Project team

Similar to previous Kava products, Kava Swap is also built by Kava Labs.

Investors

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Partner

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