2023 is looking like a bright year for the blockchain industry with all the great tokens and platforms that keep popping up, the future is bright.
Solana (SOL), and Polygon (MATIC) have made a name for themselves and HypaSwap (HYPA) is right behind them. 2022 has been a great year for these tokens and 2023 can only get better.
What is HypaSwap all About?
HypaSwap (HYPA) is a DeFi platform built on the Ethereum network, it is a decentralized and non-custodial liquidity protocol, that enables lenders and borrowers the chance to exchange assets with the use of a liquidity pool.
Lenders on HypaSwap (HYPA) can lend the platform their assets and also earn interest from their service of locking their assets which are used in the liquidity pool, borrowers then borrow from the locked assets in the liquidity pool in exchange for dropping their collaterals.
HypaSwap’s main focus will be lending and borrowing with a plan to herald a robust system that allows lending and borrowing with no risks of losing capital to fraudulent activities. The borrowers are told to drop more collateral than the number of assets they will loan and lenders would be paid in any scenario that may occur with the appropriate rate.
HypaSwap (HYPA) is laying out a well-planned roadmap that will encourage active inclusion in other activities like staking and collateral swapping on the HypaSwap platform.
What Merits does HypaSwap have Over other Platforms?
HypaSwap (HYPA) plans to approach the cryptocurrency industry with a platform that is well built and will cover all bases and shortcomings that are associated with compound and platform competitors.
HypaSwap will allow a variety of tokens to be used for the activities of lending and borrowing, this will enable people to find it easier to join the platform with their token of choice.
HypaSwap will be a community-governed platform, thereby encouraging more people to join the platform as people relate more easily with things that give them access to having a say in the running. HypaSwap will not only do that but it will also ensure that the team members of the HypaSwap platform only receive a little portion of the HYPA tokens during its allocation to further drive home the purpose of its being community governed with no chance of it being influenced otherwise.
In addition to this, HypaSwap will not settle for above-average liquidity and will place its focus on maintaining and accumulating a market with high liquidity for its users and it will also be supported by the HypaSwap Safety Module.
What is the HypaSwap (HYPA) Mission?
The team at HypaSwap dreams of a platform where people can carry out activities without worrying so much about fraudulent activities.
HypaSwap will create an environment that will make lenders feel safe by ensuring that their assets are properly safe guided by ensuring that the borrowers are properly guided.
This platform will lead a new world in the non-traditional financing space where lending and borrowing are more reliable than what traditional financing offers.
Polygon (MATIC) is a decentralized Ethereum scaling platform that enables developers to build scalable user-friendly DApps with low transaction fees without ever sacrificing security.
It is an inherently secure platform. It is also more open and powerful.
Solana (SOL) is a very secure platform, it is well known for the security it provides.
Solana is also well known for its speed, this is a platform that can be mentioned next to Ethereum and is also revered in the Nft community. If any token has the potential to blow up in a new year, it is Solana and HypaSwap is right behind it.
Solana (SOL) is the fastest blockchain in the world with an ever-growing ecosystem and with it spearheading thousands of projects in blockchain, DeFi, and even the NFT community. It is a properly built cryptocurrency.
HypaSwap (HYPA) Ecosystem
HypaSwap being a decentralized liquid pool makes it a hotspot for the DeFi economy and its primary features are lending and borrowing. HypaSwap has put actions in place to make sure that there is no hassle and the practices are fair on the platform.
HypaSwap (HYPA) has deployed the use of multiple measures that regard collateralization, liquidity pool conditions, and the possibility of external penetrations.
The Token Economics of HypaSwap (HYPA).
The native token of HypaSwap is HYPA, an ERC-20 token based on the Ethereum network.
$HYPA token is the primary token for activities related to the platform, like their interest rates, penalties, and staking incentives, among other things. $HYPA can be purchased from several crypto exchanges at the market price or earned from the platform.
HypaSwap offers staking benefits to users who stake on HypaSwap, staking is encouraged on the platform to mitigate problems like it having an unhealthy liquidity pool where liquidity is short.
HYPA holders can stake their tokens on the HypaSwap to earn back good returns, the longer they lock in their stakes, the higher the APY is generated. Stakers also get other incentives as a way to ensure that there is always a safety net for the platform.
How To Buy HypaSwap (HYPA)
If you have picked an interest in this intriguing token, it is natural that your next move may be moving to purchase some of its tokens. You can carry out your bid with several cryptocurrencies like USDT (TRC20 and ERC20), BNB, BTC, and ETH, etc… with several bonuses being included in your purchases depending on which tokens you use. For example, buying with BNB gives you a whopping 20% bonus,
To begin your purchase, you need to find your way to the presale dashboard and set up an account, when you are setting up your account, you’ll be asked to put in just how much you want to spend on buying $HYPA, put in your desired spend.
Once your sign-up is complete, you’ll see a prompt where you will log in and it’ll once again be required to input the exact amount you wish to spend on the token, in a drop box, there are various cryptocurrencies to choose from, the screen will also show you bonuses that you are eligible for, this depends on the currency you used for the purchase and your time of purchase.
Once you have decided on an amount and the currency to use, click pay, it’ll direct you to the wallet address to pay your cryptocurrency into and the amount you are expected to pay.
Finally, when the purchase has been approved by the platform, you will get your tokens on your dashboard and you can sit back and watch out for its potential rise.
Finally, HypaSwap (HYPA) is a token with great potential and in the year 2023, the world may not be ready for all it has in store. It’ll do its part in evolving the crypto space. Alongside other great tokens, the future’s looking bright for HypaSwap, one can only wonder what the platform would have achieved by the new year and what changes and upgrades would have occurred within the platform, whatever it may be, it’ll be interesting to watch it unfold.
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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