⛩ What is TokyoSwap?

TokyoSwap is a decentralized exchange for swapping BEP-20 tokens and yield farming platform.

🏮 We are the first to build a platform with a city theme!

TokyoSwap will start with PancakeSwap and then at some stage launch its own automated market maker (AMM) model. That means that while you can trade digital assets on the platform, there isn’t an order book where you’re matched with someone else. Instead, you trade against a liquidity pool.

Those pools are filled with other users’ funds. They deposit them into the pool, receiving liquidity provider (or LP) tokens in return. They can use those tokens to reclaim their share, plus a portion of the trading fees.

🏮 Stability and long term

At TokyoSwap we do things differently than others, here we will not put BIG multipliers from the start. We will start low, like 0.04X for main pools like TOKYO-BUSD and 0.01X for others like BNB-BUSD, and when we reach 200–300% APR, the multipliers will gradually increase.

Because we noticed that a lot of platforms put in excessive interest and after a few days/weeks, they don’t exist anymore.

🏮 Security & Anti-Rug

We will be audited by TechRate shortly, and also the migrator code has been removed.
We will transfer ownership of TokyoChef to TimeLock when we reach 40X multiplier on the main pool. Know that we are fighting against rugpull and we don’t stand for it.

TokyoToken: 0x3f25F73707539a2393D673aBC99566D4dE2071d4

TokyoChef: 0x7987Bb7cb7Ec863ae570490c45B165dDc592F2dc

Multicall: 0xE4af2A3e075f5DC39D13340cCd92f42c649e6981

Timelock: 0x3C970a713d112Beb11e3F6055a65a3D820374DC1

Buy/Burn Wallet: 0x113e92bD659c90D8B4c60BEE5DC948D2F8CA0c89

50% of all deposit fees go to buy back and burn TOKYO

TOKYO Stake Wallet: 0x38D6c6D5e9F7Bf77242C3623CaA31EBFC548F911

50% of all deposit fees go to fund special Tokyo staking pools

🏮 TokyoSwap Features

🎎 Liquidity Provider

Pools are filled with other users’ funds. They deposit them into the pool, receiving liquidity provider (or LP) tokens in return. They can use those tokens to reclaim their share, plus a portion of the trading fees.

🎎 Shinjuku City

In Shinjuku City, you can deposit your LP tokens, locking them up in a process that rewards you with $TOKYO. Which LP tokens can you deposit? Well, the list is quite long, but here’s a taster of some of the most popular ones.

🎎 Sensō-Ji Temple

The Sensō-Ji Temple allows you to stake its governance token. — TOKYO. You’ll earn a proportion of $TOKYO token with every new BSC blocks.

🎎 Tokyo Sky Tree

What about those special Tokyo Sky Tree? Saving your $TOKYO until this time will reward you handsomely with BNB, BTCB, ETH, and more. These tokens can be recycled back into the Shinjuku City or stashed in your own Sensō-Ji Temple for later use.

🎎 Exchange

TokyoSwap is an automated market maker (AMM) is a type of decentralized exchange (DEX) protocol that relies on a mathematical formula to price assets. Instead of using an order book like a traditional exchange, assets are priced according to a pricing algorithm.

🎎 Bridging Assets

Cross-chain bridging service that aims to increase interoperability between different blockchains. It essentially lets anyone convert selected coins into wrapped tokens (or “pegged tokens”) across chains. i.e. ERC20-BEP20

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store