Ways to get involved with MappedSwap
MappedSwap is a Decentralized Finance protocol that allows users to get up to 10x collateral for leverage and margin trade. If you are a true blue investor, you would know how these can work in your favor, the only variable is the crypto market movements.
Here are some options to go big in MappedSwap,
Go Solo
Get ready your assets and park it for an instant loan. MappedSwap offers less than 0.01% of slippage tolerance for your assets, the amount loan be go up to 10x. This amount could lead you to a life changing opportunity. Like any collateral loan mechanism, if things didn’t go well, MappedSwap has the rights to liquidate your assets, so please trade carefully.
If trading fees is something that you harbour upon (MappedSwap charges 0.03% of the trading fees, lowest among all Swap platforms in the market now). You can opt for the second option, be that butterfly.
Be a social butterfly
MappedSwap has a referral program that allows you to invite all your family and friends to trade, all trading fees incurred from these referrals, will go to you. These fees could give you up to 80% rebate, in other words, you trade free or even better, make it a passive income option. Basically, the more you invite the more rebates you will receive. The program offers two options to move up the tier, the part where you have to stake for MST (MappedSwap Token) or trade to meet the minimum weekly volume to get M tokens. If you meet both, your rebates are x2.
Please note that in the referral scheme, if your weekly trading volume is lower than of those referred, you will not be able to earn the rebates off them. Here is the chart for rebates and referral level arrangement,
What are M tokens?
M tokens are referred to as Mapped Tokens, and Mapped Tokens are synthetic assets issued by MappedSwap. Synthetic assets covers,
- USDM is the synthetic asset of USDC, that is: 1USDM = 1USDC
- BTCM is the synthetic asset of wBTC, that is: 1BTCM = 1wBTC
- ETHM is the synthetic asset of ETH, that is: 1ETHM = 1ETH
MappedSwap protocol will deposit an equivalent pool of funds with a ratio of 0.999–1.001 on UniSwap V3 to ensure Mapped Tokens maintain its 1:1 value.
What are MST tokens?
MST Tokens are MappedSwap Tokens (MST), this is different from Mapped Tokens. MappedSwap Tokens are used to incentivize the liquidity providers of wBTC, ETH and USDC pools, in other words, users that stakes/farm.
A total of 3 Billion MappedSwap Tokens (MST) will be issued to incentivize different stakeholders of the Protocol.
Where, 1.5 Billion (50.0%) of MST are used to incentivize the liquidity providers of wBTC, ETH, and USDC Pools, with the following allocations,
- 1 Billion (33.3%) of MST will be rewarded to the liquidity providers of wBTC, ETH, and USDC Pools, which are inclusive of,
600 Million MST will be rewarded to the liquidity providers of the first $600 Million in USDC,
200 Million MST will be rewarded to the liquidity providers of the first $200 Million in wBTC, and
200 Million MST will be rewarded to the liquidity providers of the first $200 Million in ETH. - 500 Million (16.7%) of MST will be rewarded to the subsequent liquidity providers.
900 Million (30.0%) of MST are used in the Friends Referral Program, incentivizing any successful referrals.
600 Million (20.0%) of MST are retained for the founding team, with a linear release over 2 years.
Details can be found on the Stake page.
DeFi is one of the largest invested products in the crypto world (aside from the crazy trend of NFT), with a Total Value Locked of more than 90 billion USD alone in Ethereum. MappedSwap is using Eurus Network and is the first with a locked-in 6 billion USD pool to cater for the services. Whether you choose to go solo or as a butterfly, what you can see is the pot of gold right there within your grasp.
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Disclaimer:
Investing in decentralized finance products is considered high risk, especially with cryptocurrency. We are not responsible in any way for inciting any decisions that you may undertake upon reading our materials. We do not provide professional financial advice, when in doubt, please consult your professional financial advisor before acting.
For more information on MappedSwap,
Website: www.mappedswap.io
Twitter: https://twitter.com/mappedswap
Facebook: https://www.facebook.com/MappedSwap-110417171527222
Telegram: https://t.me/mappedswapofficial
