DISCLAIMERI am NOT a developer of CREMEPIESWAP.
This is my own due Diligence.
Notes taken from CremePieSwap Medium.
DYOR
Website:
https://cremepieswap.finance/Twitter: CremePieSwap
Telegram:
https://t.me/cremepieswapofficial
Cryptocurrencies have been gaining in popularity and consumer awareness in recent months. A contributing factor may be the exploding values of some of these coins. Plenty of crypto investors have figured out that investing in utility-based projects has the best chance of surviving any market cycle and the highest long-term returns.
There are now hundreds of use cases for blockchain technology such as NFT marketplaces, Cross-border payments, logistics monitoring, and the list goes on. A recently popularized use of blockchain technology is a decentralized exchange. Decentralized exchanges are cryptocurrency Dapps focused on the trading of other tokens through peer-to-peer transactions.
This is where CremePieSwap comes in, Matics own Pancakeswap
CremePieSwap is the best DEX on MATIC today
The popularity of decentralized exchanges has only grown with the recent success of a handful of DEX projects on the Binance Smart Chain. Polygon(MATIC) may just be the next blockchain ecosystem to take over the Defi space, and because of this, a race for dominance as the number 1 DEX on the MATIC network is underway. The recently released, CremePieSwap, seems to be a strong candidate for the gold medal and is soon to take over as the best DEX on the MATIC network.
CremePieSwap has now been released for four weeks and shows similarities to the success of PancakeSwap. There are a number of reasons why CremePieSwap has just about everyone in the Defi scene talking, and with plenty more announcements and features along the way, many speculate that CremePieSwap will be the best DEX on the MATIC network.
Community
By now, most crypto enthusiasts have figured out that the core success of any Defi-built project stems from the community. The community makes up for the backbone of any thriving project. Being able to push promotion and support when needed. CremePieSwap has one of the strongest unified communities in all of crypto. The joint venture has seen the collaboration of three solid communities. They are 100xCoin, LaunchZone, and BARMY. All three of these communities have banded together in becoming a social presence for CremePieSwap that no other DEX can compete with. The power of community backing can also be seen in the millions of liquidity provided through the pre-sale of CremePieSwaps own CPIE token. The community body of a project is a key future indicator of the success to come.
Features
A decentralized exchange is only as good as its utility features and In the case of CremePieSwap, Plenty of options are already supported for its user base with many more on the way.
Trading with CremePieSwap is made easy with an easy-to-use UI and the freedom of doing so without registration and account signups. Users can simply connect their wallet to the app in a matter of seconds (literally) and trade immediately with any supported pairings. Additionally, 0.05% of every trade made on CremePieSwap is burned, rewarding those who hold CPIE in their wallet. CremePieSwap is able to take advantage of MATIC’s already low fees and combine it with low decentralized exchange fees, giving users incredibly competitive transaction rates.
The recently implemented support for both staked liquidity pool earnings and yield farming rewards users on CremePieSwap with not only high APRs but also trading fee discounts and a wider range of Polygon (MATIC) products. By offering different ways to passively earn more coins, liquidity can be provided for a smooth trading experience for all users. Additionally, farming already earned tokens will earn users, even more, $CPIE, benefiting all parties involved.
Lottery
The lottery system for CremePieSwap will soon be implemented. Users will be able to participate in 2 lottery sessions a day for the cost of 1 $CPIE. There is no max limit for entries and the total used $CPIE for participation will be used as a prize pool. 4 digit correct tickets will receive 50% of the pot while 3 correct digits will receive 20% and 2 correct digits will receive 10%. The remaining 20% will be burned to mean that individuals who do not participate but hold $CPIE will see the value increase. A prediction market will also be available where users will be able to guess the price of the pairing between MATIC and USDT to earn a reward.
Marketing
CremePieSwap has taken an alternative marketing route to traditional Cryptocurrencies and has nailed a sponsorship deal with one of the greatest boxers of all time in Manny Pacquiao, who is not only an inspiration to his nation as a Senator of the Philippines but also a future hall of famer for his accomplishments in the ring. Expect future promotion leading up to Pacquiaos main event with current World Champion Errol Spence Jr take this space by storm.
As the world gets accustomed to the inevitable financial changes within our world, CremePieSwap looks set and destined to acquire a fairly large market share.
