BashoSwap, a multi-protocol decentralized exchange on Cardano has entered another phase in its roadmap.
After releasing the white paper some weeks ago and a series of development progress in building innovative Decentralized Apps (Apps) on the Cardano network, has kicked off the whitelist for the $Bash Token private sale.
Bashoswap aims to build full-featured Cardano decentralized finance products geared to benefit the Cardano ecosystem.
While working on this goal, it will also join preexisting elements on other blockchains such as LP Token, staking, and AMM on PanCakeSwap, Unicrypt, and Uniswap.
The BashoSwap platform will utilize the $BASH token. The utility token will provide the community with several ways and incentives to stake, farm, and earn rewards as $BASH holders.
In addition, the $BASH token will be used for governance within the platform. When fully launched, users can add liquidity and swap their Cardano tokens.
Currently, the platform has unveiled its whitelist private sale. Reservation for the private sale will begin five days before the sale which will kick off on 5th April and last for seven days or until the allocation is exhausted.
However, investors must have a minimum balance of 20000 ADA to reserve a spot in the private sale.
Furthermore, early adopters interested in this private sale will need a Nami wallet address which is a Cardano browser wallet extension to participate.
You can participate by filling out the whitelist form that requires your name, nationality, email address, telegram id, and the amount of ADA you want to contribute.
BashoSwap has partnered with a couple of other blockchain projects like crypto audit firm token and platinum crypto academy to boost the adoption and awareness of the innovative products Bashoswap has to offer.
About BashoSwap
BashoSwap is a multi-protocol DEX on Cardano that allows everyone to swap tokens swiftly with minimal cost.
The recent success of the Bahoswap project is attributed to its experienced team of project managers and developers.
The team comprises crypto enthusiasts and developers with a deep understanding of smart contracts, native assets, and the blockchain ecosystem.
For more information about BashoSwap, visit their social media channels:
Website | Linktree | Private sale | Whitepaper | Twitter | Telegram Group | Reddit | Github
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Source: https://beincrypto.com/bashoswap-kicks-off-private-sale-whitelist-releases-dapps-on-cardano/