Bitcoin Forum

Alternate cryptocurrencies => Tokens (Altcoins) => Topic started by: PhotonSwap on August 12, 2021, 05:55:20 PM



Title: [ANN] PhotonSwap - Lightning Fast AMM Protocol on Polygon (MATIC)
Post by: PhotonSwap on August 12, 2021, 05:55:20 PM
PhotonSwap AMM Protocol

PhotonSwap is a Decentralized AMM Protocol on Polygon (MATIC). PhotonSwap utilizes Polygon network's super speed and cheap transaction fees, being one of the fastest AMM Protocols.


Features

01. Lightning Fast AMM Protocol
      PhotonSwap utilizes Polygon network's super speed and cheap transaction fees, being one of the fastest AMM Protocol.

02. WETH Farming Pool
      PhotonSwap introduces WETH farming pool where WETH can be earned by staking PHOTON tokens.

03. Deflationary Token Model
      Each transaction of PHOTON charges a 2.50% fee, among which 1.00% is burned forever, making the token scarce over time.

04. Token & Liquidity Locker
      PhotonSwap offers free token and liquidity locking service to Polygon users.



Tokenomics

    Token Name: PhotonSwap Token
   Ticker: PHOTON
   Decimals: 6
   Blockchain: Polygon (MATIC)
   Max Supply: 100,000 PHOTON
   Distribution: Seedsale- 6.20%; Presale- 45%; Liquidity- 28.80%; Farming Pools- 20%
   Fee on Transfer: Total- 2.50% (Burn- 1.00%; Farming Pool- 1.00%; Team- 0.50%)
   Contract Address: Soon

There is no direct allocation of token for the team, the team gets only 0.50% fee from token transfer which ensures no sudden dump of tokens by the team and development of the project in long run.



Resources

   Website: https://photonswap.org/

   Telegram: https://t.me/PhotonSwapChat

   Twitter: https://twitter.com/PhotonSwapMatic


Title: Re: [ANN] PhotonSwap - Lightning Fast AMM Protocol on Polygon (MATIC)
Post by: the rise on August 12, 2021, 06:02:27 PM
I do not see a clear vision and mission of the photoswap project, the information provided is very minimal, not very clear,
and the roadmap is not known in Q how much is currently underway?
I want to see the uniqueness of this project


Title: Re: [ANN] PhotonSwap - Lightning Fast AMM Protocol on Polygon (MATIC)
Post by: PhotonSwap on August 12, 2021, 06:08:02 PM
I do not see a clear vision and mission of the photoswap project, the information provided is very minimal, not very clear,
and the roadmap is not known in Q how much is currently underway?
I want to see the uniqueness of this project
Thank you for the insight. We are just getting started, more information will be public soon.


Title: Re: [ANN] PhotonSwap - Lightning Fast AMM Protocol on Polygon (MATIC)
Post by: AmoreJaz on August 12, 2021, 11:55:06 PM
great to see another MATIC-based project. this is how we will see what kind of performance will matic be if there will be more and more projects coming to their network.
though i can agree that you still have a lot to fill here as browsing your site, you still need to add more comprehensive details about your project. btw, is this anonymous project or are you going to publish the team members later on?


Title: Re: [ANN] PhotonSwap - Lightning Fast AMM Protocol on Polygon (MATIC)
Post by: mandor on August 13, 2021, 11:23:04 PM
great to see another MATIC-based project. this is how we will see what kind of performance will matic be if there will be more and more projects coming to their network.
Yeah, this PhotonSwap probably will and could become the succesful one in the matic network, because more project will coming and use this network sooner. I remember about the words " the first one, will reserve the top position". I want they are considering showing the team they have, the more open to the public, more better.