Palmswap

# What is Palmswap?

Palmswap is a decentralized crypto asset exchange platform that facilitates perpetual futures trading on the Binance Smart Chain (BSC). The exchange offers decentralized perpetual trading as effectively as centralized platforms, eliminating entry barriers so anyone can trade by simply connecting a BSC-supported wallet.

Palmswap’s primary goal is to build one of DeFi’s most inclusive and functional ecosystems. The platform intends to use each product or feature to solve problems in the sector and will continue to launch more products as demands arise in the DeFi market. Furthermore, although Palmswap is building on BSC, the platform will enable cross-chain compatibility to expand access to more potential users. Traders around the globe will be able to take advantage of Palmswap’s trade-to-earn functionality to trade on the platform and earn rewards.

# What Makes Palmswap Unique?

There are many benefits users can appreciate by trading on Palmswap. Firstly, users enjoy 100% on-chain perpetual futures where anyone can open short or long positions on many different assets. In addition, Palmswap currently offers up to 50x leverage on supported assets, without requiring the trader to own the underlying asset. Users can also maximize their profits and general trading experience by applying several different order types to trades, including profit, stop loss, and limit orders. To begin, a trader only needs a BSC wallet like Metamask, some USDT, and some BNB tokens on BSC.

A common public sentiment about most DeFi platforms is that there is little to no ease of use due to their complex functions and interfaces. Palmswap solves this problem by providing users with a simple and straightforward interface for trading, staking, and farming. In addition, Palmswap does not require users to register or create accounts. Instead, interested traders will instantly benefit by visiting the website and connecting a supported wallet. This connection only takes a few seconds and does not require deposits. On top of these features, there are no KYC requirements.

# How Many PALM Tokens Are There In Circulation?

The total PALM token supply is 1,000,000,000 tokens distributed to multiple sectors, including a Community Fair Launch (10%), Team and Advisors (17%), Ecosystem & Rewards (48.65%), Marketing (4.97%), Market Maker and Liquidity (3.75%), Early User Airdrops (0.45%), Insurance Funds (3%), and Reserves (3.94%).

The Palmswap ecosystem is powered by the PALM token, a BEP-20 governance token with immense benefits for holders. Since the ecosystem focuses on incentivizing users, PALM has been designed for more than just governance functions.

# Earning via Palmswap

Several use cases and earning opportunities apply to the Palmswap community. Users can earn ecosystem rewards via the following channels:

**Staking**

Holders can earn rewards in USDT by staking their PALM tokens in a Staking Pool. 30% of the total trading fees generated by the Palmswap On-Chain DEXare distributed in USDT among all stakers, who also enjoy a discount on trading fees, participation in governance voting and Palm Pad projects, as well as increased affiliate commissions generated from the referral program.

**Liquidity Providing**

The community and liquidity providers are critically important for the success of any exchange. This applies to Palmswap v2 as well. Liquidity providers can mint (buy) PLP, Palmswap Liquidity Provider token, and earn rewards in USDT. 40% of the total trading fees generated by the platform are distributed among all liquidity providers.

**Trade 2 Earn**

An important aspect of sustainable growth is the retention of users and community members. To incentivize and reward trading activities, traders automatically receive Trading Points, abbreviated as TP, based on the size (USD volume) of their trades and closed trading positions. Trading Points can be converted into PALM tokens and paid out daily 24 hours after the end of the epoch.

**Referral Program**

Palmswap Exchange offers a competitive referral program whereby you receive between 10-25% (based on your tier) of all your referred users generated fees that sign up using your referral ID. The referral fees are taken from the top, meaning before the users generated fees are divided based upon the Reward Flow Distribution.

# PalmSwap v2

Palmswap V2 is the first perpetual DEX built on BNB Chain using single-asset liquidity pools and offering 50x leverage on trading perpetual contracts. Palmswap V2 provides a seamless CEX-like DEX experience with all order types (Limit Order, Market Order, Stop Loss, Take Profit), fully on-chain (Binance Smart Chain), fully decentralized & self-custodial, where users have full control over their funds—no third-party involved.

Unlike some other DeFi platforms, Palmswap operates as a non-custodial exchange. Users are not required to transfer their funds to the exchange for trading. They retain full control over their cryptocurrency. Palmswap is the first decentralized perpetual exchange to feature a synthetic architecture and single-sided liquidity, empowering users with robust liquidity and minimal slippage and price impact. All trades are settled in USDT.

Additionally, Palmswap V2 offers many other features and advantages for traders, including:

* Higher Leverage: Traders can leverage their position up to 50x.
* Increased Market Scalability: The single-sided liquidity pool allows Palmswap to gain a significant advantage over other platforms that need to establish new liquidity pairs for each asset listing.
* Realtime Market Price Updates: To ensure maximum fairness and accuracy in asset prices, Palmswap leverages a custom real-time Chainlink node operators network that calculates the median asset spot prices from the industry’s most liquid exchanges.
* No Front Running Attacks: By mitigating price impact, Palmswap eliminates the possibility of front runners harming traders by placing their orders in advance.
* Completely New Interface: The latest version of the exchange features a completely redesigned user interface, elevating the overall user experience for smoothness and simplicity. The redesign prioritizes a modern look and user-friendly usability.

**Synthetic Architecture**

When a trader executes a trade on Palmswap, the platform uses sophisticated algorithms to match the order with virtual liquidity, ensuring that the execution price remains unaffected. To achieve zero price impact trading, Palmswap uses a combination of on-chain and off-chain mechanisms:

* On-chain, smart contracts handle the execution of trades and maintain the virtual liquidity pools.
* Real-chain oracles (Chainlink) to ensure the virtual pools reflect the most up-to-date prices.
* Benefits of zero price impact trading:
* No slippage
* No impermanent loss
* No unexpected price fluctuations, trades are executed at the exact price
* Highly advantageous for large-volume and institutional traders

# Where Can You Buy Palmswap (PALM)?

PALM is available on following exchanges:
* [Pancakeswap](https://https://pancakeswap.finance/).
* [MEXC](https://www.mexc.com/de-DE/exchange/PALM_USDT?_from=search)

# Security Audit

Palmswap was audited by [Zokyo](https://www.zokyo.io/ ), a well-known cybersecurity firm. The protocol [was classified](https://docs.palmswap.org/developers/audit) by Zokyo above industry standards.




Palmswap is a decentralized crypto derivatives exchange offering a wide selection of pairs with deep liquidity, stable functionality and high leverage.

Gains Network

Router Protocol

STIPS

WHEN Token

LooksRare is a decentralized, community-first NFT marketplace. The protocol was released on the Ethereum blockchain with an ERC-20 utility token — LOOKS — in January 2022.

The LooksRare platform enables individuals to trade non-fungible tokens, with an emphasis on rewarding users for their participation.

The LOOKS token serves a handful of functions within the LooksRare ecosystem:

100% of trading fees are earned by users who ‘commit’ their LOOKS in the form of Protocol Rewards

Every (non-private) trade incurs a Trading Reward, which acts as a LOOKS rebate for the fee paid on LooksRare trades (currently 0.5%, collected in ETH)

It can be used to participate in exclusive drops and other token-gated applications

LooksRare

XCAD Network

Verasity is an open-ledger ecosystem designed to fight advertising fraud, provide open access to infrastructure for publishers and advertisers, and reward users for watching video content. Verasity also provides payment solutions and a rewarding staking ecosystem with 15% yields guaranteed through to April 2024.

Powered by a mix of artificial intelligence (AI), machine learning (ML), and cutting-edge blockchain technologies, Verasity is building the most powerful advertising ecosystem in the world through VeraViews; developing an open-access payments platform through VeraWallet, the VeraCard, and VeraPay; and enhancing the attention economy through its patented Rewarded Video module.

Verasity

GET Protocol

Aces

Future1coin

Silent Notary

DeSo is a new layer-1 blockchain built from the ground up to decentralize social media for billions of users.

We believe in empowering an internet that’s creator-led, user-owned, and open to millions of developers around the world to build off one another.

Today, there’s only a handful of big-tech companies that own and control all the information we consume online.

DeSo puts the ownership back in the hands of users, not platforms. Your identity, your profile, your content, and your social graph can now be owned by you in a completely censorship-resistant way.

Creators can now freely monetize in a way they could never do before.

With new crypto-native monetization tools, like Social Tokens, Social DAOs, Social NFTs, Social Tipping, and more — creators have access to monetize their passion and make a living by doing what they love.

Developers can build in a gasless, permissionless, and transparent environment where everything is open and on-chain for ultimate accessibility and composability.

DeSo is built to support storage-heavy or infinite-state applications, opening up a new world of non-financial-based web3 apps that weren’t possible before.

We can now imagine, build and experience the next generation of web3 social.

In the same way, we’ve seen Bitcoin and Ethereum decentralize finance, DeSo is now enabling this for social.

We know our mission is colossal, but we believe the world will be better when users, creators, and developers are put first - not corporations.

It’s time to break free.

To learn more, make sure to check out the vision behind DeSo.

Check out some of our top apps:

Decentralized Twitter
Decentralized Fundraising
Decentralized Social Networks
Decentralized LinkedIn
Decentralized Medium
Decentralized Instagram
Decentralized TikTok
Decentralized OpenSea

Decentralized Social

Morpheus Labs

HELLO Labs

Radiant Capital

Nakamoto Games

GMX is a decentralized exchange (DEX) for trading perpetual cryptocurrency futures with up to 50X leverage on popular cryptocurrencies like BTC, ETH and more. The platform launched in September 2021 as Gambit Exchange. To date, GMX has a total trading volume of over $130B and 283K total users, making it the leading derivatives DEX on Arbitrum and Avalanche.

GMX runs on the Arbitrum and the Avalanche blockchain. These ecosystems are connected to the exchange via Synapse — a cross-chain bridge.

Boba Network

Vulcan Forged is a blockchain game studio and NFT marketplace. They are the makers of VulcanVerse.

PYR  is the native utility token that is used for:

Fees for marketplace settlement

Staking in VulcanVerse land and other assets

Upgrading and sustaining game asset levels

Play-to-earn rewards

Access to our game developers and NFT dapp incubation program

Vulcan Forged Platforms and games include:

*VulcanVerse, a Grece-Roman fantasy metaverse made up of 10,000 plots of land

Anvil, a crypto-less and gas-free NFT engine for easy game and dApp onboarding

Vulcan Market, a gas free NFT marketplace for all Vulcan Forged games

Berserk, an NFT online TGG

Frenzy, a create-your-own tournament platform with PYR as it’s reward token.

Vulcan Forged (PYR)

Energy Web Token (EWT) is the operational token behind the Energy Web Chain, a blockchain-based virtual machine designed to support and further application development for the energy sector.

Energy Web Chain was launched in June 2019. The Energy Web Foundation is the non-profit enterprise behind the project. EWT aims to bring diversity to the energy sector by allowing developers to create decentralized applications (DApps). The virtual machine has the potential to benefit actors from all areas of energetics, including grid operators, software developers, and vendors.

Palmswap価格
PALM

Palmswap community

Palmswapニュース

Palmswapについて

最も閲覧数の多い暗号資産

人気急上昇