The initial launch of
WagyuSwap is much anticipated by DeFi enthusiasts and users who invested in the project’s Initial DEX Offering. As that IDo sold out very quickly, it quickly became apparent there was an overwhelming interest in what this new decentralized exchange aims to provide. More importantly, WagyuSwap is the first DEX on the Velas blockchain, which benefits from speedy transactions – up to 75,000 TPS – at nearly no cost. As a result, it is a far more efficient solution than Uniswap, PancakeSwap, JustSwap, or any other solution on the market today.
Contrary to what may seem accurate, WagyuSwap is not just a decentralized exchange built on a blockchain serving as a Solana fork with full EVM compatibility. It is also a technically superior platform that elts suers bridge tokens across multiple ecosystems at unprecedented speeds and for a fractional cost. The first-mover advantage of the WagyuSwap team creates a competitive edge that other market participants will struggle to catch up to.
Additionally, users can benefit from very high staking and farming yields, making the DeFi industry a lot more appealing in the process. Earning a passive income stream with crypto assets has never been easier than through WagyuSwap, as the project provides rates much higher than any competitor. Other features to explore include random lotteries with crazy prices, introducing another incentive for users to keep providing liquidity and perform cross-chain swaps through this platform.
$WAG Price Explodes For The First Time
By packing all of this technology and these features into one appealing package, it is not entirely surprising to see WagyuSwap’s $WAG skyrocket shortly after launch.
The 86x price increase has provided a tremendous return on investment for all IDO participants who acquired the token at $0.01.