Nagaswap is an of the Binance smart chain – a decentralized network for projects that need external devops and for external teams to find Binance smart chain jobs.
Project Nagaswap will unveil a fully functional decentralized exchange with trustless cross-chain trading, all at the speed and price that customers want. And despite living natively on Binance Smart Chain, it will be interoperable with Ethereum. Nagaswap made of seven main ingredients:
BNW: The Nagaswap token is the utility token of the Nagaswap ecosystem
BNW will be fully integrated into Nagaswap, and also benefit from a buy/burn of fees
Cross-Chain Swaps: trustlessly exchange assets between chain
This is in contrast to most current protocols that rely on trust parties to administer the swap
Orderbook: a decentralized automated full limit order book
This will give traders complete control over their orders, unlike Automated Market Making
Orderbook and matching is fully automated on-chain, and orders are from Nagaswap end users
Full Ethereum and Binance Smart Chain integration
This will make Nagaswap fast and efficient–all while being interoperable with the Ethereum ecosystem and ERC20 tokens
Physically settled cross-chain contracts
These will allow easy margin positions in DeFi on synthetic assets
NagaBTC: a model for creating an ERC20 or Nagaswap tokenization of BTC
This would be a fully trustless BTC token
NagaUSD: a model for creating a decentralized stable coin
This would be a decentralized stable coin that does not have a single point of failure
Nagaswap improves upon the governance and usability to perfect , but allows users to bond and reward jobs directly with BNB.
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