February 21, 2022 – Coventry, United Kingdom
Bashoswap is a decentralized exchange (DEX) on Cardano network that aims to facilitate swaps between ADA and other crypto assets built on Cardano. It was founded in late 2021 by a group of blockchain experts, led by Beri Ardas, with years of experience in the crypto industry.
Bashoswap is on a mission to develop a fully-featured DeFi product that will be of huge benefit to the Cardano ecosystem.
Bashoswap will join together elements already existing on other blockchains like Uniswap and Pancakeswap, readapting it for the Cardano blockchain to develop DeFi apps powered by the cryptocurrency BASH.
BASH, Bashoswap’s utility token, will be utilized by the community in multiple ways as they can stake and farm their BASH tokens to earn more rewards. The tokens can also be used for governance. When launched, you can swap your Cardano tokens and add liquidity to earn LP fees. There will also be a launchpad that will support Cardano startups.
BASH’s private sale whitelist is currently ongoing for early adopters who want to become part of the project. Early adopters wishing to partner with Bashoswap can email here.
Bashoswap is on a mission to develop disruptive DApps like permissionless on-chain staking, lending and governance protocols tailored specifically for the Cardano ecosystem, which would, in turn, revolutionize the decentralized finance industry and cryptocurrency as a whole.
Cardano startup Bashoswap is utilizing the vast experience of its founding team and the power of blockchain technology to fund and develop a truly novel and disruptive product.
Bashoswap team
Behind the Bashoswap project are a team of experienced developers and project managers.
The core founding team comprises of developers and crypto enthusiasts with a deep understanding of native assets, smart contracts on Cardano and the overall blockchain ecosystem.
Website | Whitepaper | Twitter | Telegram | Reddit | Github
Contact
Syed Aiman, chief information officer of Bashoswap
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Source: https://dailyhodl.com/2022/02/21/bashoswap-building-a-cardano-powered-decentralized-exchange-launches-seed-funding-round/