Unlock the potential of ETFSwap ($ETF) as it pioneers the fusion of traditional finance with DeFi.

The ETFSwap ($ETFS) presale has seen notable adoption from crypto investors as they flock to take advantage of this first-mover decentralized finance (DeFi) platform. The upside for this Ethereum-based coin is limitless, with analysts predicting its price will reach $1, which is a 100X increase from its current presale price.

Everything You Should Know
ETFSwap ($ETFS) is a decentralized marketplace that allows investors to trade a wide array of exchange-traded funds (ETFs). It connects traditional finance (TradFi) and decentralized finance (DeFi) by bringing the booming ETF investment niche into the realm of DeFi and blockchain technology.

With ETFSwap ($ETFS), ETFs across various industries, like BlackRock’s IBIT for Bitcoin, to gold, silver, oil, and fixed-income ETFs are tokenized on the Ethereum blockchain.

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These tokenized ETFs can then be bought and sold on the platform either in their entirety or in fractional ownership, and they can be readily converted into and out of cryptocurrencies.

In its capacity as a DeFi platform, ETFSwap ($ETFS) takes great satisfaction in offering its users the highest possible level of protection. The platform has been subjected to a thorough audit by CyberScope, and the results of the assessment revealed no security flaws in ETFSwap’s ($ETFS) smart contracts and underlying infrastructure.

What Is The Role Of $ETFS In The Ecosystem?
As a Web3 platform, ETFSwap ($ETFS) comes with its own native utility token, $ETFS, which opens access to many features in the ecosystem. Interestingly, $ETFS is the first prospectus-based ERC-20 token offering an entry to a marketplace of institutionally listed ETFs.

Unlike your average ERC-20 crypto, $ETFS was created as a Trade-to-Earn incentive token specifically for the ETFSwap ($ETFS) ecosystem, allowing users to seamlessly trade on its comprehensive ETF marketplace.

As mentioned earlier, $ETFS unlocks a lot of benefits for its holders in the ETFSwap ($ETFS) platform. However, the token was created not just to fuel the ecosystem, but careful consideration was placed in its tokenomics in order to incentivize and provide returns for an active group of stakeholders invested in the platform’s success.

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Here are some of the considerations for the utility of $ETFS:
Lower Fees and Trading Discounts: $ETFS will be used to pay transaction and trading fees on the $ETFS. Holders of $ETFS are eligible for lower fees in the platform’s unique discount system.

Voting Rights: $ETFS serves as the governance token for ETFSwap ($ETFS). $ETFS holders will have voting rights within the platform governance system, allowing them to have a say in the decision-making process of how the platform moves forward.

Staking Rewards: $ETFS holders have the ability to lock in some of their holdings for a set amount of time, and in exchange, they are eligible to receive rewards of up to 36% from ETFSwap’s ($ETFS) staking pool.

By doing this, holders are able to generate passive income from their holdings while simultaneously contributing to the maintenance of the ecosystem as a whole.

Interestingly, ETFSwap ($ETFS) has a liquidity pool for its 5% sell tax, which is then airdropped back to token holders on a monthly basis.

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ETFSwap Is The Biggest Presale In Crypto: A Look At Tokenomics
As a deflationary cryptocurrency, $ETFS was designed to maintain its price within the ETFSwap ($ETFS) ecosystem and provide better price returns than other tokens in the market. Consequently, its distribution strategy was meticulously crafted to ensure fairness, inclusivity, and alignment of incentives.

The initial total supply of 1,000,000,000 $ETFS tokens is to be allocated as follows:

Token presale: 40% (400,000,000) of the total supply is reserved for public sale, a large part of which is already being sold in the ongoing presale. The first round of presale is currently going on at $0.00854 per token, with over 10 million tokens sold already.

Tokens in the next presale stage will be sold at $0.01831 per token, which is a 114% increase from the first presale price. The funds raised during the presale will be used to expedite the launch and expansion of the ETFSwap ($ETFS) platform.

Exchange Listings And Liquidity: 120,000,000 tokens (12%) are to be used for liquidity and listing reserves, while 240,000,000 $ETFS tokens, representing 24% of the total supply, are reserved to ensure the smooth and seamless operations of the ecosystem.

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Rewards and cashback: 4% (40,000,000) of the total supply is to be allocated for community rewards for holders and stakers of $ETFS, while 50,000,000 tokens (5%) have been allocated for cashback reserve.

Team and partnerships: 30 million $ETFS tokens (3%) have been allocated for partners and advisors, while 6% (60,000,000 tokens) are reserved for team members.

Although ETFSwap ($ETFS) is yet to be launched, the $ETFS presale has garnered quite a lot of attention from investors due to the innovative concept that the platform introduces.

Prices are set to explode in the coming weeks, especially after the launch of both the exchange and $ETFS tokens.

Source: bsc.news

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The post ETFSwap ($ETF) Raises $750,000: Here’s Everything You Should Know About Crypto’s Biggest Presale appeared first on HIPTHER Alerts.