TorrentSwap
Introductions
TorrentSwap is the first native full-featured decentralized exchange (DEX) on the BitTorrent Chain.
TorrentSwap is a Uniswap constant-product automated market maker (AMM) fork. AMM liquidity providers deposit pair tokens and TorrentSwap automagically makes a market for exchanging (swapping) using that token pair. As a TorrentSwap trader, enjoy exchanging tokens in the AMM and pay only a fair low rate for each swap. By becoming a liquidity provider you receive a proportion of the collected swap fee.
Pre-sale information
Pre-sale will take place on December 14 at 1PM UTC
Total raising amount: $200k
Vesting: 30% on TGE, then linear release during 12 weeks
Vesting is a very important part of pre-sale, it will not allow pre-salers to dump immediately after listing.
Token information
Token: Torrent (TOR)
Contract Address: https://scan.bt.io/#/contract/0xfec892f9dc00a839dca781fc04184d4fc710b087
Chain: BitTorrent Chain
Emission rate:
Reward per block — 0.05 TOR per Block
Daily emission (Based on 43200 blocks per day) — 2160 TOR per day
Distribution:
- Farmers — 100% of the rewards per block (0.05 TOR)
Initial Liquidity Pools (LPs) for farming TOR tokens:
- TOR/BTT
- TOR/TRX
- BTT/TRX
Why TorrentSwap?
You will benefit from a broad outlook and healthy tokenomics unlike other DEXs.
You will benefit from our creation of a useful product to help strengthen the BTTC community to gain more influence in the DeFi space; as well as provide you with a stable passive income.
What does the TorrentSwap team get?
- No pre-mine
- No overzealous pie chart with the word “team” on it
So, what’s left? Just the crumbs?
Our team will receive a part of the Swap’s fee, which will be used for the development of the project.
We look forward to building a strong DEX with strong tokenomics and strong community.
Time lock and Migrator:
Since we don’t have a Migrator in the code, we don’t need a TimeLock either.
Audit:
TorrentSwap’s underlying smart contract code is a battle-tested Uniswap fork. The contract is publicly available for anyone to see and we do have an audit on the roadmap. By using TorrentSwap (as with all DEX’s everywhere) you assume all risks that come with it.
Best regards, TorrentSwap Team
