BulletSwap is a decentralized exchange that promises to bring a breath of fresh air to the DeFi community built on zkSync Era’s network. Today let’s see what difference this project will bring to the crypto community. So what is BulletSwap? Let’s find out through the article below.
To better understand what BulletSwap is, people can refer to some of the projects below to get an overview of BulletSwap.
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What is BulletSwap?
Overview of BulletSwap
BulletSwap is an AMM/DEX designed on zkSync Era’s ecosystem. With advanced technology plus zkSync features like lightning-fast transaction speeds, enhanced security and reduced costs. The project’s mission is to revolutionize DeFi with BulletSwap and open up new features.
Bullet uses an AI-powered investment management system to increase transparency, security, and control over investments.
Products currently available are:
- Swap
- Pool
- Farming
- NFT Marketplace
- Bridge
- Launchpad.
The BulletSwap difference
- The indispensable thing of a DEX 2.0 is to increase income for traders and liquidity providers through transaction fees and native token rewards when adding liquidity.
- In addition, BulletSwap is also a place to trade NFTs through the upcoming NFT Marketplace in Q4/2023.
Components that make up BulletSwap
- Liquidity providers: Liquidity providers for projects listed on the platform.
- Stakers: Those who stake BLT to join the launchpad
- Trader: Swap traders and join the yeild farm to increase profits.
Mechanism of action
- Step 1: Swap any tokens allowed to circulate in the platform to $BLT
- Step 2: Use tokens to participate in activities: launchpad, pool, buying and selling NFT
- Step 3: Users can exchange assets across different chains thanks to Bullet Bridge.
Development roadmap
- Q1/2023: Infrastructure development, marketing, community building and partnerships.
- Q2/2023: Launch token and announce public and private sale rounds, launch DEX BulletSwap.
- Q3/2023: Ecosystem development and launch of Farming and Launchpad, Airdrop distribution.
- Q4/2023: Launch of Bridge and NFT marketlace.
Core Team
Updating…
Investor
The project has successfully called for capital in Public and Private sale rounds on May 30 and June 1, 2023.
Tokenomics
Overview information about BLT token
- Token Name: BulletSwap.
- Ticker: $BLT.
- Blockchain: zkSync Era.
- Token Standard: ERC-20.
- Contract: 0x71fD7DfA7db7094E0f857ad3040f1aFEf76fEf85.
- Token Type: Utility, Governance.
- Total Supply: 10,000,000 BLT.
- Circulating Supply: Updating…
Token Allocations
- Farming rewards: 45%
- Ecosystem Development: 25%
- Future Strategic Initiatives: 10%
- Reserves: 5%
- Governance: 5%
Token Release
Updating…
Token Usecase
In addition to current functions such as providing liquidity and transactions, the project will soon launch DAO so that the community can vote on project development decisions.
Exchanges
Updating…
Project information channel
- Website: https://www.bullets.finance/
- Twitter: https://twitter.com/Bulletswap_DEX
- Telegram: https://t.me/Bulletswap_Announcement
- Discord:
Summary
Above is the latest information about the BulletSwap project, one of the leading AMM projects on the zkSync Era ecosystem. With the wait for the launch of zkSync and what BulletSwap has prepared, will it create an explosion similar to Camelot’s GRAIL on Arbitrum before?