FibSwap is a Cross-chain, decentralized exchange allowing you to swap tokens from one chain to another chain with the click of a button.
Ethereum is an old and trustable cryptocurrency to invest in
Binance stores 10% of all trading fees in a secure asset fund
Polygon combines the best of Ethereum and sovereign blockchains
Arbitrum is cheap and quick to use, and relays all transaction information
Fantom is a fast, high-throughput open-source smart contract
Fibswap is a multi cross-chain decentralized exchange. Through cross-chain communication between blockchains, it allows you to swap native to native assets from one blockchain to another without trusting third-party.
Web3 is the vision to build the next generation of the internet including an environment based on trust-free protocols.
Fibswap is making a contribution towards doing so.
You want to swap ETH (erc20) to BNB (bep20)? No problem. Any token that is bridged in Fibswap's IMBS (Interoperable Multichain Bridge System) can be swapped. Fibswap's vision will be that users can cross-swap from any token to any token they want.
The key value behind our technology is the direct cross-chain communication between chains.(for more understanding, read our whitepaper)
Fibswap Dex will be a big step towards interoperability.
This creates a bridge to swap tokens from one chain to another in one seamless, instant transaction.
FibSwap will have the lowest fees on the market too with its unique lowest fee swap aggregator.
$FIBO, is the governance token of FibSwap DEX, all fees and internal accounting will be in $FIBO tokens. Revenue of the dex made by dex fees will go to staking pools. User can stake thair FIBO to earn these profits back.
FibSwap provides a great value proposition to users of the platform and to token holders which should provide the network effect needed for mass adoption. One of the main questions we should all be asking when evaluating projects is what problem does this project solve?
Make cross-chain swaps with native assets directly from one blockchain to another in under a minute.
This saves you the time of using traditional bridges as you move across different chains. With Fibswap Dex, you can swap from any specific token to another that you want to buy.
Our DEx has some of the lowest fees on the market (0.5% Dex fee per each cross-chain swap)
Fibswap DEx fee is 0,5%. When you perform a cross-swap, you will see that 0,5% of your txn is being deducted. Revenue made by the DEX will go to staking pools. Users can stake FIBO to earn these profits back.
You may be familiar with 2 famous DEX's. Uniswap & Pancakeswap. Uniswap AMM fee for standard pairs is 0,3%.
Pancakeswap's AMM fee is 0,25%.
With Fibswap, users are able to do cross-chain swaps in a decentralized manner. This is reality now.
Right now, we decided an AMM fee of 0,5% to be fair.
Centralized exchanges own your tokens from the moment you buy crypto with them. If you do not have the seed phrase for your account, it means that they do. When using a CEX, you must perform KYC.
They can freeze your account as they see fit, and you are potentially at risk of losing all of your funds if they get hacked or go out of business.
They also don't have all the hot new tokens, so you can't capitalise on the gains of the many up and coming projects. With a decentralized exchange (DEX), you can find and buy these gems early.
Using a DEX means you are in complete control of your assets and can trade anonymously".
FibSwap provides a great value proposition to users of the platform and to token holders which should provide the network effect needed for mass adoption. One of the main questions we should all be asking when evaluating projects is what problem does this project solve?
As part of FibSwap’s core commitment to providing a secure DEX experience for our users, we will continually update and review our audit opinions and are in talks with several auditors prior to launch of V1.0 of the FibSwap DEx.
Our commitment to maintaining a secure, safe and reliable platform form part of the core values of FibSwap. To ensure this, we have commissioned several Audits from various companies to continually review our process to protect our users and our platform from external exploits and vulnerabilities.
We are delighted to announce that the first of these audits have been completed by TechRate and we are proud to tell you that we have passed with flying colours. Certik is now underprogress
$FIBO contract address: https://bscscan.com/token/0x5067c6e9e6c443372f2e62946273abbf3cc2f2b3
Burning wallet with 1 Billion FIBO tokens will accumulate reflections time-by-time which makes FIBO deflationary.
Have questions? We’re happy to help.
You can ask us a question anytime in our various social media channels, our admin team, marketing team, developer team and the owner regularly hold live voice chat AMAs in our Telegram group.
FibSWAP DEx is determined to make our technology a one stop shop. FibSWAP.tech is a place where you can enjoy the most current and trending news, watch charts and chat to other like minded investors.