[ANN] BashoSwap - Multi Protocol Decentralised Exchange on Cardano.

[bashoswap_official]

[FiPi]

Please check your Twitter account. It suspended. Maybe the link is wrong. Check it.

[nikita2020]

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Here is last information from their telegram - Bashswap Enters It’s First Strategic Partnership With Soken.io

https://bashoswap.medium.com/partnership-announcement-bashoswap-and-soken-io-8fb5f12d016

Join to their telegram to know more news and information from the project.

[TimeTeller]

Please check your Twitter account. It suspended. Maybe the link is wrong. Check it.

Here is last information from their telegram - Bashswap Enters It’s First Strategic Partnership With Soken.io

https://bashoswap.medium.com/partnership-announcement-bashoswap-and-soken-io-8fb5f12d016

Join to their telegram to know more news and information from the project.

Soken is a blockchain Security, Legal office and Token Listing services Organization, with offices in Canada & Hong Kong. I think that such partnership will be very useful and important for both parties.

It means, they are making sure the security protocol of their platform is in place.
Which is actually good, because a lot of DEXs have been hacked already making them exit this market.
We have seen several DEX using BSC network but with ADA, you can't see much of them.
But the trend these days is multi-network to serve various users. Like combination of BSC, ADA, MATIC or ETH.
So the team may want to check that out, because with multi-networks, they can serve more users.

[cryptoserega]

What's happened with your Twitter?
Please check it. It does not work.

[verushka]

Here is a link to new article in medium which allows to anderstant the project better https://bashoswap.medium.com/introducing-bashoswap-an-all-in-one-suite-of-defi-protocols-built-on-the-cardano-blockchain-594b3273a442 - Introducing Bashoswap: An All In One Suite Of Defi Protocols Built On The Cardano Blockchain

[FiPi]

It is important to check the news of the project to know more about its development.
You can check all the information and news in Medium https://bashoswap.medium.com/

I checked the news in Medium https://bashoswap.medium.com/bashoswap-whitepaper-release-ccafa9e66d3d

This is a news about the release of White Papers.

[romanfrolovv]

What do you plan to do with your twitter account?
It does not work now. Please check it and fix.

[Iminingpro]

What do you plan to do with your twitter account?
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It is better to follow all the news in medium or in telegram.
Here is a link to their medium https://bashoswap.medium.com/

I just read their medium.
The last article is about tokenomis https://bashoswap.medium.com/bashoswap-tokenomics-33389fae6962

[alan228]

I just read their medium.
The last article is about tokenomis https://bashoswap.medium.com/bashoswap-tokenomics-33389fae6962

There is 500 million BashoSwap tokens and 65 mln  BashoSwap tokens are available for presale according  BashoSwap tokenomics.

[jc12345]

Your project looks like most DeFi projects just on Cardano. Competition is fine. I notice in point 6 of your whitepaper "$Bash can also be used to convert cryptocurrency into fiat". This point in particular will catch attention. How are you going to comply with the regulation to be able to do this? If you provide that functionality you will need to have your ducks in a row and DEX doing KYC will be a difficult one to get right. Yet on your site you say "List tokens without permission, trade without KYC". I doubt you will get the cash-out to fiat right without KYC.

[Yacht_X_Coin]

Your project looks like most DeFi projects just on Cardano. Competition is fine. I notice in point 6 of your whitepaper "$Bash can also be used to convert cryptocurrency into fiat". This point in particular will catch attention. How are you going to comply with the regulation to be able to do this? If you provide that functionality you will need to have your ducks in a row and DEX doing KYC will be a difficult one to get right. Yet on your site you say "List tokens without permission, trade without KYC". I doubt you will get the cash-out to fiat right without KYC.

Now the competitiion among DeFi projects is so high that the main questistion is how useful will be this project for people.
The most important is to create demand in the project and its products.

[alan228]

Now the competitiion among DeFi projects is so high that the main questistion is how useful will be this project for people.
The most important is to create demand in the project and its products.

The most important for all cryptocurrency projects is to be very useful for the community.
When project is useful it has a big community of users.

[ololajulo]

Now the competitiion among DeFi projects is so high that the main questistion is how useful will be this project for people.
The most important is to create demand in the project and its products.

The most important for all cryptocurrency projects is to be very useful for the community.
When project is useful it has a big community of users.

what happens when we have many similar useful projects? XFI is one of the pioneering Defi project and it is struggling now. The high number of project with similar idea is killing altcoins, Although some are adding more used cases as form of development, I strongly believe their is still room for growth in cryptocurrency that will encourage larger adoption especially in finance.

[Bertyda]

When we have many similar useful projects there is a big competition between them.
Investors have a big choice of different projects and they prefer to use the best of them, that are more profitable and comfortable for them

Thank competition projects will develop more quickly and will offer users even more opportunities.
If project will not develop it will not be able to survive because people will use the project that develops more quickly.

[Predict_Vision]

When we have many similar useful projects there is a big competition between them.
Investors have a big choice of different projects and they prefer to use the best of them, that are more profitable and comfortable for them

Now cryptocurrency market is very unstable and not all the projects will be able to survive during this fall of the market.
But also it is a good time to buy tokens at the best price.
If the project will be able to survive during this time investors will be able to earn a good profit.

Many centralize exchanges blocks the accounts of their users due to the sunctions.
So the demand for DeFi exchanges and DeFi products will only increase.

[i8v8i]

Usually CEX use fiat. But it is not safety to hold money on CEX. CEX can be hacked and CEX can block the account of users.
Now many CEXs blocks the accounts of traders from Russia.

Many people are afraid of sanctions. Nobody wants that his account will be blocked.
That is why people prefer to use DeFi.
Also many people do not have access to bank services.

[cryptosru]

Usually CEX use fiat. But it is not safety to hold money on CEX. CEX can be hacked and CEX can block the account of users.
Now many CEXs blocks the accounts of traders from Russia.

Many people are afraid of sanctions. Nobody wants that his account will be blocked.
That is why people prefer to use DeFi.
Also many people do not have access to bank services.

People need to be sure that no one will be able to block their assets or steal money from their account, which is why many people prefer DEX.
But DEX also must be safety and have a good liquidity.

[Lunafox]

Usually CEX use fiat. But it is not safety to hold money on CEX. CEX can be hacked and CEX can block the account of users.
Now many CEXs blocks the accounts of traders from Russia.

People need to be sure that no one will be able to block their assets or steal money from their account, which is why many people prefer DEX.
But DEX also must be safety and have a good liquidity.

For DEX it is very important to have a good liquidity. That is why it is necessary to offer the providers of liquidity the best conditions to have a big liquidity pools.

[daxetoken]

For DEX it is very important to have a good liquidity. That is why it is necessary to offer the providers of liquidity the best conditions to have a big liquidity pools.

Now providers of liquidity have a very big choice of different DeFi products where they can to provide their liquidity.
That is why it is important to offer the people the best conditions and the maximum profit.