⛩ 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.
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.
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