JamonSwap is the first decentralized exchange on the Polygon network (BSC, Avalanche... will also be included in the future) with a deflationary reward token: $JAMON. As some of you may have guessed from the name, the project is Made in Spain, 100% acorn-fed.
It was born just 4 months ago as a fork of Pancake, but, with time, ideas and development, it goes a step further and soon will be even more visually unmarked, but especially in functionality and in the deflationary concept. JAMON DEVs realized the uncontrolled emission that Pancake has and took another sustainable path in the long term.
Of course, all contracts have been audited, in this case by SolidProof. For the curious, you have it accessible in the links section.
Deflationary? How?It is the first DEX that rewards liquidity contributions with a token that has as a real and feasible objective, the increase of its price sustained in the long term, since there will be more and more demand and less circulation thanks to a multitude of DApps and a very interesting bonus system that are focused on the burning and control of supply. Goodbye to uncontrolled issuance!
The value of the rewards can only increase over time and, in addition, being on the Polygon network (the fastest growing blockchain in 2021) assures you speed and transaction fees that are laughable, much lower than BSC, for example
What does JamonSwap offer?JamonSwap, in addition to the swap, offers a very extensive number of functions and DApps, some never seen before in a DEX. The DApps work autonomously through smart contracts and some of the solutions they provide are:
- Programmable orders with stop loss, take profit, order to market, etc..., in a DEX!
- ILOs - pre-sales of new tokens
- Market place of NFTs
- Lotteries
- Casino
- Gaming
- Social platforms
It also offers a bank where you can lend and borrow your cryptocurrencies. It also has its own stable coin in development: $JUSD. Launching this April!
And an endless number of applications that undoubtedly give use to the token and generate burns, in addition to great benefits to the DEX.
But who receives these benefits?Users. WARNING: This project fully distributes everything it generates to the DEX users through its J-Share governance token, which acts as the shares of the business. My head exploded with this...Ask any DEX or CEX to do this....
The owners of the DEX are the investors, there are no dev wallets. 100% is owned by the community. The profits from the DEX are shared among the token holders through the J-Share.
It is also important to note that, for a whole year (until April 2023), you will receive 50 $JAMON for each J-Share placed in Stake on a monthly basis (on the 19th of each month), in addition to the lifetime dividends associated with the DEX profits. The Nescafé salary!
What about RPAs?Up to 180% thanks to the different applications that are used to increase the reward of the stakes and bonuses, which is the system used by this DEX instead of the old farms.
You will be able to receive both high APR in $JAMON, as well as shares of the business by providing liquidity to this DEX and the direct purchase of these shares ($J-Share).
How do the Bonds work?The contributed liquidity becomes the property of the DEX.
What is offered in exchange?
There will be different incentives, depending on the pair and the interest involved, multipliers will be used:
X1.2 in $JAMON
X1.4 on $JAMON
X1.6$ on $HAM
X1.8 on $HAM X1.8 on $HAM
And when you provide the LPs the contract will also send you an STLP.
What is this?
It is a derivative of the LP that serves to make Stake and receive J-SHARES.
The stLP will be listed at 1$ and will be mined 1:1 per $ contributed.
Where do these J-Shares come from?
From all burning systems (DApps) 25% of the funds received in $JAMON, will be used to buy listed J-Shares and these J-Shares are sent to the STLP stake vault, where everyone receives a proportionate share of that reward.
At all times the J-Shares will maintain their limited supply of approx. 8,500,000 Tokens.
RoadmapLet's review a little bit what important events are ahead for this project and its Roadmap in the short term.
Listings in CMC and CoinGecko. Being a new project, they have just started the listing requests. In CMC already appears (
https://coinmarketcap.com/es/currencies/jamonswap/) but without price tracking, since it is a DEX to which a specific tracking API has to be connected, it takes a little more time than a simple token.
As stated in their roadmap, this project plans to list their $JAMON token on KuCoin in August of this year.
They are currently working closely with Chainlink as a technology partner. They integrate several products from the well-known project (e.g. Keepers) and support them on network and technical level.
This project does not stop releasing new products and giving joy to its community that, even being young (only 4 months old), has an extraordinary activity in networks. This is a project with solid foundations and a very active community.
It should be noted that it already has its own online merchandising store, where you can buy clothes, sunglasses, accessories and soon gift cards from major online stores like Amazon, all paying with $JAMON.
Who is behind it?Apart from the entire community and shareholders who work for and with the project, there is a Core Team behind it with faces, names and surnames, who have verified their identities through a KYC process.
They are constantly on social networks informing about every step the project takes. In fact, they have their own Twitch channel, JamonTV (also on YT) and are sponsoring the team Levante UD, a first division team in the Spanish league. You can see them on the video scoreboard in every match, and they have, among other ambassadors, former players of this team and other top Spanish athletes.
Totally recommended to go through their Telegram channel to solve any doubts that may arise. The team is hyperactive, listening, giving support, sharing info and ideas, etc.
Also check out the WhitePaper first of all. Those of you who have been doing this for a while will quickly realize the projection and possibilities that JamonSwap has. Project Pata Negra!
Impressive what has been achieved in 4 months. This is just beginning!
Links of Interest:
JamonSwap Web:
https://jamonswap.com/JamonSwap App:
https://jamonswap.finance/JamonSwap Shop:
https://jamonswap.shop/WhitePaper ESP:
https://jamonswap.com/wp-content/uploads/2022/04/Whitepaper-1.pdfWhitePaper ENG:
https://jamonswap.com/wp-content/uploads/2022/04/Whitepaper_.pdfGitBook:
https://jamonswap.gitbook.io/docs/Contrato:
https://polygonscan.com/token/0x2594...c02922D9A62BF2Auditoria SolidProof:
https://github.com/solidproof/smart-..._Jamonswap.pdfGráfica $JAMON:
https://dexscreener.com/polygon/0xaf...f6bd3a22acb5f2Grácifa $J-Share:
https://dexscreener.com/polygon/0x91...6a7593d245063dGráficas Pares:
https://dexscreener.com/polygon/jamonswapCoinMarketCap:
https://coinmarketcap.com/es/currencies/jamonswap/CoinGecko: PROXIMAMENTE
Medium:
https://medium.com/@JamonSwapSocial Networks:
Twitter:
https://twitter.com/JamonSwapTelegram:
https://t.me/jamonswapInstagram:
https://www.instagram.com/JamonSwap/TikTok:
https://www.tiktok.com/@jamonswapFacebook:
https://www.facebook.com/JamonSwap-1...=page_internalYoutube:
https://www.youtube.com/channel/UCzM...KVa_XRKuOQT-ZQDiscord:
https://discord.gg/YK9vwmNDzzSpotify:
https://open.spotify.com/user/31y4kt...jes7y6k3ounr4yIVoox:
https://go.ivoox.com/rf/84990698
