PawSwap, the Shibarium-powered DEX is to be launched soon. The cryptocurrency market is flooded with countless dog-themed assets.
It was earlier in 2021 that the dog-themed coins showcased promising potential in the metaverse.
PawSwap is described as the Shibarium DEX Swap which is a shift to decentralization, for the people. PawSwap $PAW will be built on Shibarium as a decentralized exchange.PawSwap is tradable on ShibaSwap
PawSwap is an easy way for users to donate their exchange tax rate savings from their accounts to any number of charities and causes that they care about.
Benefits Of Using PawSwap
- Users are offered with lowered tax rates.
- The lowered tax rates minimize the selling pressure of the project in the charts.
- The lowered tax rates attract more users to PawSwap
What Happens After The Users Use PawSwap Posts Getting Attracted By The Lowered Tax Rates?
PawSwap proceeds to accumulate token taxes in the native token of the blockchain. This would in turn reduce the selling pressure of the project.
PawSwap allows the user to swap tokens at a discount and to donate the savings of the user to any charity that they want to. PawSwap is listed as DeFi Dapps, Decentralized Exchanges (DEXs), and as Free Customers
It is listed in the chains such as Ethereum, and BNB Chain.
PawSwap strives to bring the same quality of success that Shiba Inu had to its platform.
$PAW would act as a gateway to PawSwap and the official website of PawSwap would function as a portal for entry.
PawSwap: Mission
To create a DEX that allows individual traders to take control of their own financial future
- To provide a safety-ensured platform for trading cryptocurrencies
- To provide a user-friendly platform for trading cryptocurrencies
- The digital assets that can be traded other than cryptocurrencies are NFTs, and stablecoins.
What Is PawSwap Coin ($PAW) Tokenomics?
The maximum and total supply of the PawSwap token is 1 Quadrillion.
1 Quadrillion is 1,000,000,000,000,000 (that is 15 zeroes after the 1)
The $PAW Tokenomics lets users receive the incentives inside that cross-chain liquidity pool system. A liquidity pool is a collection of digital assets secured inside a smart contract.
It could be cryptocurrency, tokens, virtual coins, or any other digital asset. The collection is secured to deliver the liquidity needed for decentralized trading networks to function.
PawSwap Token: Tax
The tax is zero percent.
The token enables a token-based governance system in the PAW ecosystem. A token-based governance system lets token holders vote and makes decisions about the functioning of the blockchain project.
How To Track PAW Across Other Platforms?
It is easier to track PAW on any other platform. This is because PAW uses the same contract address across many networks.
Paw Smart Contract Address: 0xbc5b59ea1b6f8da8258615ee38d40e999ec5d74f
Does PawSwap Have A Launchpad?
What Is PawSwap Launchpad?
PawSwap has a launchpad for its users. The PawSwap launchpad is a launching platform for the developer community to launch their new projects.
The launchpad also has options to carry out KYCs (Know Your Customer). The operations of PawSwap launchpad are guaranteed with a very high transaction rate.
How To Buy Paw Swap?
In order to PawSwap one needs to own a crypto wallet. The crypto wallet should be connected to a DEX, a decentralized exchange. One should have an account in Binance. The crypto wallet should be connected to a DEX, using the Binance account.
Satisfying all these takes the user to the first important step in buying PawSwap, which is the purchase of the base currency.
What follows is the step-by-step to be followed to buy the PawSwap.
The PawSwap Buyer’s Guide
Step 1: Download a TrustWallet Wallet
On entering the Ethereum network one would be surrounded by a countless number of crypto wallets. The buyer can choose and download a crypto wallet of their choice.
One of the legitimate crypto wallets is TrustWallet.
The crypto wallet could be used on a desktop computer, and also on a mobile phone. Desktop users can download the extension in the browser.
For mobile users, there is an app entirely dedicated to this available. iPhone users can download it from iOS App Store and Android users can download it from Google Play.
On getting the extension or the mobile app then the next step is registration.
Step 2: Set Up Your Crypto Wallet
Once the buyer has a crypto wallet, the next step is to register and set up it.
One has to choose a username for the wallet at this stage. The user has all provisions to keep the username to themselves and not to share it with anyone else, but it should be kept in mind. The username will be needed when one has to sign in to their account in order to use the services for which the crypto wallet could be used.
At the end of this, a wallet address will appear on the screen. The buyer has to note this wallet address and keep it ready and accessible for the coming steps. The wallet address is significant in the case of a crypto wallet as it is the detail that leads to the particular crypto wallet that the buyer owns.
After the setting up of the wallet, the user will be provided with a recovery phrase, which is a combination of 12 random words. The recovery phrase of an account is not to be shared with anyone else, and it is only for the account holder to use.
When someone has the username or wallet address of a crypto wallet, it means that they know the mentioned details, and maybe they can find the wallet by searching with the given info.
However, that is not the case with the recovery phrase. Anyone who has the recovery phrase of a crypto wallet has direct access to the wallet and they can use it to sign in to the wallet or to do any kind of swap or transaction. The recovery phrase also goes by the name seed phrase.
Step 3: Buy Base Currency
After entering the details into the crypto wallet, the wallet is ready to be used.
Before proceeding further, one has to buy the base currency. Base currency has to be brought into the crypto wallet as it would be one that powers and makes possible all the coming transactions, swaps, or any kind of monetary activity that is related to the crypto wallet.
One has to remember to buy Ethereum (ETH) as the base currency. Another thing to keep in mind is that while buying the base coin, one has to have a plan on the amount of the coin that they want to buy with the base coin.
For this, the buyer would have to have knowledge of the details of the equivalency of both the base coin and the target coin. The buyer should, in advance, calculate how much of the target coin they wish to buy, and how much of the base coin would be needed to buy their desired amount of target coin.
After estimating and making a decision on these things, the user has to buy base coins more than equivalent to the amount of the target coin. This is because there would be transaction fees and this amount would be levied from the base coin.
Step 4: Send Base Currency To Crypto Wallet
After buying Ethereum (ETH) as the base currency, one has to send it to the crypto wallet from the cryptocurrency exchange platform. To do this, the buyer can enter the cryptocurrency exchange platform of their choice, and head to the wallet section.
In the wallet section, the user can find the ETH that they purchased. The user has to withdraw this ETH. The user will also have to fill in details in a required form about the currency and the withdrawal. Before proceeding to the next step, the user has to set the network.
While setting up the network, set it as Ethereum as it is the base currency that has been brought for the purpose. After setting up the network, all one has to do is to enter the wallet address.
On this one can find their wallet address. After that one has to also fill in the amount that he/she/they wants to transfer. After this proceed to press the ‘withdraw’ button on the screen. There will be a short delay prior to the Ethereum (ETH) appearing in the user’s crypto wallet.
Binance and Coinbase Exchange are good examples of trusted cryptocurrency exchange platforms.
Step 5: Choose A DEX
Now it is time to select a DEX, a decentralized exchange platform. There are no mandatory regulations or standards for choosing an exchange.
The user has to take care of only one thing at this stage, which is to ensure that the crypto wallet that the buyer uses is supported by the DEX that the buyer is going to choose.
A DEX can be described as a P2P marketplace that lets people trade cryptocurrencies in a non-custodial manner.
DEXs are popularized and preferred as cryptocurrency trading can be done without the presence of an intermediary to facilitate transactions and to hold the custody of funds. A few examples of decentralized exchange platforms are Uniswap, Defi Swap, and 1inch
Step 6: Connect Crypto Wallet To DEX
After choosing the DEX to make the transactions, one has to connect one’s crypto wallet to the decentralized exchange. The crypto wallet address that was provided while setting up the crypto wallet would be needed while connecting the wallet with the DEX.
Step 7: Trade Base Currency With The PAWSWAP Coin
Once the user has connected the crypto wallet to the DEX, the wallet is ready to carry out the transactions.
At this stage, the user has to select the purchased base currency. As Ethereum (ETH) was selected as the base currency, that has been entered when the details of the base currency are asked.
After entering ETH as the payment currency, the user can go ahead to select the coin that they want to buy. In this case, it is the PAWSWAP coin. There would be an opinion to enter the name and details of the coin that one wishes to buy.
Step 8: If You Can’t Find PAWSWAP, Find Its Smart Contract
In some instances, the user might not be able to find pAWSWAP from the coin list that is provided in the DEX platform. It does not mean that one has to abort what they have been trying to do or that their attempt to buy PAWSWAP has failed.
One just has to simply search PAWSWAP by entering the Smart Contract Address of the PAWSWAP coin. The details regarding ‘what a smart contract address is’ and ‘how to use it?’ and the smart contract address of PAWSWAP have already been mentioned in this article in the section ‘How To Track PAW Across Other Platforms?’
The reader can find the other details in that specific section. However, we are once again mentioning the smart contract address here, if you are right in the middle of buying a PAWSWAP coin and have got no time to scroll and read it again.
Paw Smart Contract Address: 0xbc5b59ea1b6f8da8258615ee38d40e999ec5d74f
Choose PAWSWAP as the coin that the buyer wants to purchase.
Step 9: Initiate The Swap
If the buyer gets through all the aforementioned steps successfully, then the next and final step is to apply the Swap.
In order to initiate the Swap, the buyer has to press the ‘SWAP’ button that will be seen on the screen.
The buyer has to make sure there is enough base coin left o to serve as the transaction fees for the coin swap.
At the time of writing this article, there were 11 people who hold PAW.
PawSwap crypto could be used to make transactions with anyone anywhere in the world; the only condition is that the other person should have satisfied the conditions to accept it.
Web3 Dapps & Developer Tools Related To PawSwap Are
- Lyra, a decentralized protocol running on the Ethereum and Optimism chains.
- HXRO, a first-class option trading platform running on the Solana chain.
- Vela Exchange, a centralized and non-centralized exchange bridge running on the Arbitrum chain.
Alternatives Of PawSwap Are Listed As
- Ooki, a DEX running on the Ethereum chain
- KyberSwap, a DEX running on the Ethereum chain platform.
- Ox, a DEX running on the platform of the Ethereum chain.
How To Get PawSwap Token?
Trade PawSwap at BitKan
Is It True That Trading PawSwap At BitKan Can Win Crypto Gifts For The Trader?
Yes, it is true.
There are options available to win
- To win daily crypto awards
- To get 100 US dollars BitKan Sign-Up Gift
In addition to this, the trader can refer this to friends. This reference can be a chance to win extra rewards.
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This enables the one who refers to earn as much as 100 US dollars for every friend that the trader refers to.
Is It Safe To Trust PawSwap?
This is a question that many would have. It will be because the developers and community behind this token have not revealed their identities and have decided to stay anonymous.
Although it is not unusual in the crypto world for developers to reveal their identities.
PawSwap complies with all the legal regulations put forward by both the state and federal governments.
What Is PawBurn?
PawBurn is the burn portal for PawSwap.
Burn portal is a service that allows public users and other entities like groups or organizations to create a user profile on its platform.
This user profile can be used to have access to SSO (Single Sign-On) over all the applications that are authenticated by the government of the region.
SHIB has a burn portal by the name ShibBurn in which the SHIB community burned more than millions of SHIB. This led to the reduction of Shiba Inu circulation supply by 81 billion US dollars.
PawSwap Swap Exchange Tokens
The new tokens that can be selected to swap have been added. The platform allows users to swap tokens for other cryptocurrencies. The tokens that can be swapped have been listed:
Ether (ETH), Shiba Inu (SHIB), USD Coin (USDC), Tether USD (USDT),
1inch (1INCH), Aave (AAVE), Arcblack (ABT), Alchemy Pay (ACH), Ambire AdEx (ADX), Aergo (AERGO), Adventure Gold (AGLD), AIOZ Network (AIOZ), Alchemix (ALCX), Aleph im (ALEPH), Alethea Artificial Liquid Intelligence (ALI), My Neighbor Alice (ALICE), Alpha Venture DAO (ALPHA), Amp (AMP), Ankr (ANKR), Aragon (ANT), ApeCoin (APE),
API3 (API3), ARPA Chain (ARPA), ASH (ASH), Assemble Protocol (ASM), AirSwap (AST), Automata (ATA), Bounce (AUCTION), Audius (AUDIO), Artverse Token (AVT), Axelar (AXL), Axie Infinity (AXS), Badger DAO (BADGER), Balancer (BAL), B Basic Attention Token (BAT), Bluzelle (BLZ),
Biconomy (BICO), BitDAO (BIT), Blur (BLUR), and Protocol (BAND), Bancor Network Token (BNT), Boba Network (BOBA), BarnBridge (BOND), Braintrust (BTRST), Binance USD (BUSD), Coin98 (C98), Celer Network (CELR), Chromia (CHR), Chiliz (CHZ), Clover Finance (CLV), Compound (COMP), COTI (COTI), Circuits of Value (COVAL), Covalent (CQT),
Cronos (CRO), Crypterium (CRPT), Curve DAO Token (CRV), Cartesi (CTSI), Cryptex Finance (CTX), Somnium Space CUBEs (CUBE), Civic (CVC), Convex Finance (CVX), Dai Stablecoin (DAI), Mines of Dalarnia (DAR), DerivaDAO (DDX), Dent (DENT), DexTools (DEXT), DIA (DIA),
district0x (DNT), DeFi Pulse Index (DPI), Drep (DREP), dydX (DYDX), DeFi Yield Protocol (DYP), Wrapped Filecoin (EFIL), Elastos (ELA), Dogelon Mars (ELON), Enjin Coin (ENJ), Ethereum Name Service (ENS), Ethernity Chain (ERN), Euler (EUL), Euro Coin (EUROC), Harvest Finance (FARM), Fetch ai (FET), Stafi (FIS), Forta (FORT), Ampleforth Governance Token (FORTH),
ShapeShift FOX Token (FOX), Frax (FRAX), Fantom (FTM), Function X (FX), Frax Share (FXS), Project Galaxy (GAL), Gala (GALA), Goldfinch (GFI), Aavegotchi (GHST), Golem (GLM), Gnosis Token (GNO), Gods Unchained (GODS), The Graph (GRT), Gitcoin (GTC), Gemini Dollar (GUSD), GYEN (GYEN), Hashflow (HFT), Highstreet (HIGH),
HOPR (HOPR), IDEX (IDEX), Illuvium (ILV), Immutable X (IMX), Index Cooperative (INDEX), Injective (INJ), Inverse Finance (INV), IoTeX (IOTEX), Geojam (JAM), JasmyCoin (JASMY), Jupiter (JUP), Keep Network (KEEP), SelfKey (KEY), Kyber Network Crystal (KNC), Keep3rV1 (KP3R),
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KRYLL (KRL), LCX (LCX), Lido DAO (LDO), ChainLink Token (LINK), League of Kingdoms (LOKA), Loom Network (LOOM), Livepeer (LPT), Liquity (LQTY), LoopringCoinV2 (LRC), LiquityUSD (LUSD), Decentraland (MANA), Mask Network (MASK), MATH (MATH), Polygon (MATIC),
Merit Circle (MC), Moss Carbon Credit (MCO20, Measurable Data Token (MDT), Metis (METIS), Magic Internet Money (MIM), Mirror Protocol (MIR), Maker (MKR), Melon (MLN), Monavale (MONA), Maple (MPL), Metal (MTL), Multichain (MULTI), mStable USD (MUSD),
Muse DAO (MUSE), GensoKishi Metaverse (MV), MXC (MXC), PolySwarm (NCT), Nest Protocol (NEST), NKN (NKN), Numeraire (NMR), NuCypher (NU), Ocean Protocol (OCEAN), Origin Protocol (OGN), OMG Network (OMG), ORCA Alliance (ORCA), Orion Protocol (ORN),
Orchid (OXT), PayperEx (PAX), PAX Gold (PAXG), Perpetual Protocol (PERP), PlayDapp (PLA), Pluton (PLU), Polkastarter (POLS), Polymath (POLY), Marlin (POND), Power Ledger (POWR), Propy (PRO), PARSIQ (PRQ), pSTAKE Finance (PSTAKE), Quant (QNT), Qredo (QRDO),
Quantstamp (QSP), Quickswap (QUICK), Radicle (RAD), Rai Reflex Index (RAI), SuperRare (RARE), Rarible (RARI), Rubic (RBC), Ribbon Finance (RBN), Republic Token (REN), Reputation Augur V1 (REP), Reputation Augur V2 (REPv2), Request (REQ), REVV (REVV), Rari Governance Token (RGT),
iExec RLC (RLC), Rally (RLY), Render Token (RNDR), Rook (ROOK), The Sandbox (SAND), Shping (SHPING), SKALE (SKL), Smooth Love Potion (SLP), Status (SNT), Synthetic Network Token (SNX), Unisocks (SOCKS), SOL Wormhole (SOL), Spell Token (SPELL), Stargate Finance (STG),
Storj Token (STORJ), Stox (STX), SUKU (SUKU), SuperFarm (SUPER), Synth sUSD (sUSD), Sushi (SUSHI), SWFTCOIN (SWFTC), Swipe (SXP), Sylo (SYLO), Synapse (SYN), Threshold Network (T), tBTC (tBTC), ChronoTech (TIME), Alien Worlds (TLM), Tokemak (TOKE),
TE FOOD (TONE), OriginTrail (TRAC), Tellor (TRB), Tribe (TRIBE), TrueFi (TRU), The Virtua Kolect (TVK), UMA Voting Token v1 (UMA), Unifi Protocol DAO (UNFI), Uniswap (UNI), Pawtocol (UPI), Voyager Token (VGX), Wrapped Ampleforth (WAMPL), Wrapped BTC (WBTC), Wrapped Centrifuge (WCFG), Wrapped Ether (WETH), WOO Network (WOO), Chain(XCN),
XYO Network (XYN), yearn finance (YFI), DFI money (YFII), Yield Guild Games (YGG), and Ox Protocol Token (ZRX).
