Description
What is WOWswap?
WOWswap is a decentralized leveraged trading protocol that runs on Ethereum, Binance Smart Chain, Solana, Avalanche, IoTeX and Polygon Network.
Traders can buy and sell their favorite tokens with up to 5X leverage.
WOWswap is a fully community-owned protocol based on a simple idea: liquidity providers can create a liquidity pool , and traders can borrow these funds to buy up to 5 times more tokens. Protocol fees, interest rates for lenders and borrowers, liquidation ratios and other settings are decided by holders of WOW tokens ? our governance token.
Making a WOW swap is as easy as making a regular swap on Uniswap or Pancakeswap ? extra capital will be automatically borrowed from the liquidity pool.
Market Rank
In the dynamic and ever-changing landscape of cryptocurrencies, WOWswap has established itself as a formidable player. It is currently ranked #3,831 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in WOWswap as a viable digital asset.
Tokenomics
The tokenomics of WOWswap consist of a total supply of 1,000,000 tokens, out of which 753,340 tokens are currently in circulation. Understanding the tokenomics is crucial for potential investors, as it sheds light on the token's distribution and availability, which can directly impact its value and demand in the market.
Wallet Support
In order to securely store your WOWswap tokens, you can use a variety of wallets such as Trust Wallet, MetaMask, SafePal, Coin98. These wallets provide a safe environment for managing and storing your digital assets. It's essential to select a wallet that supports the specific cryptocurrency and offers a high level of security, user-friendliness, and compatibility with your preferred devices.
Popular Exchanges
To buy, sell, or trade WOWswap, you can use various popular exchanges such as ArkenSwap, Trader Joe. These platforms offer a seamless experience and allow you to manage your investments in WOWswap with ease. Always remember to conduct thorough research before choosing an exchange, as the security and reliability of the platform are crucial for your digitalassets.
