NARWHALSWAP — DEFI PROTOCOL
Preamble
Blockchain technology has empowered more than thousands of global platforms today. From just backing up bitcoins to cryptocurrencies, blockchain can now revolutionize many industries such as finance, commodities, medical, and more. The rapid development of technology has also made blockchain evolve from just an ordinary protocol to a more complex protocol that is better for use in financial cases. Narwhalswap is a DeFi platform that can maximize users’ income with various DeFi features like trading, betting, etc. Narwhalswap is supported by Binance Smart Chain, which is the most powerful chain right now. The Narwhalswap solution will be able to maximize the features of DeFi because as we all know, the DeFi protocol currently used by DeFi platforms is still more limited and more expensive.
We know that the DeFi protocol is very much used today. The protocol was booming after Uniswap and several other platforms tried to attract more crypto investors and enthusiasts to be able to invest and participate in their platforms, such as translation, gambling, etc. where they can maximize their profits in the crypto market easily and securely.
Emerging crypto journey from congested Defi endemic chain to a great Defi world-Narwhalswap
The world of crypto community is exploding with the new foundation of the Defi ecosystem. With the new spirit of productivity farming, AMMs like Uniswap and the Defi ecosystem are an emerging topic in the crypto world these days.
The Narwhalswap group is promoted to become visible unicorns in the Ocean, where Uniswap becomes a land unicorn. With practical concepts of anytime, anywhere, cheaper and faster, Narwhalswap’s new project is becoming more popular among cryptocurrency lovers and many investors around the world.
Introducing NARWHALSWAP
Narwhalswap is a decentralized convention for token trading programmed on Binance Smart Chain. It is intending to expand the DeFi biological system on Binance Smart Chain. The most basic chain right now. Finally, we saw an explosion in DeFi. In any case, the first DeFi chain is increasingly congested.
Slower but the cost is increasing. The time has come to push. Narwhalswap is an AMM convention but still exists on the Binance Smart Chain. We focus on developing a DeFi joint venture on this chain to conquer obstacles and put the DeFi world on the map. This subset tracks gradually any sets created by the narwhalswap production line. It tracks the current state of Narwhalswap contracts and contains defined details for things like verifiable information and USD costs.
Narwhalswap factory contains information about all Narwhalswap. This factor tracks important things like total liquidity (in ETH and USD, see below), consistent volume, number of exchanges, number of sets and then a number. Token: Specific information about this token is aggregated across all suites and renewed at any time an exchange includes that token.
Why narwhale is based on BNB? WHY THEY CHOOSE BINANCE SMART CHAIN?
As we all know that there is a large number of tokens which base on erc20 . And these days ether price for transition fee has been increased a lot. And it creates difficulty for traders to transfer their tokens. Whenever you try to edit your fee the transition often failed. That is why the narwhale choose BNB for it’s users. BNB is much cheaper than ETH . They want to provide best secure and easy low fee platform to their users without any hindrance. User can swap send and receive tokens with low fee , no need to wait no transition will fail with narwhale platform.
Faster , cheaper , Anywhere, anytime is their moto.
Now I will tell you something about NAR.
You may think what is NAR?
NAR is a native token of narwhale. You can also stake NAR TOKEN with this pair.
BNB — NAR
There are another three pools which can also be staked on narwhale platform
1 BNB –BUSD
2 BNB — USDT
3 BNB –DAI
NAR TOKEN TOTAL SUPPLY IS : 12,212,775 NAR
1 NAR price is 0.0536
NAR WHALE NFTs MINING AND MY NFT SOON
They will soon launch their valuable NFTs , MINING AND NFTs
WHAT IS NAR TICKET?
When user will stake tokens he/she will earn tickets which can be use to get NFT.
It is important to know that tokens will calculate per blocks.
STAKE NAR TOKEN AND GET DIVIDEND
When I user will stake NAR token will get divided as well.
BINANCE BRIDGE?
Narwhale also created a bridge between narwhale and binance. They are providing safe, fast and most secure to cross chain assets between binance chain and binance smart chain.
Connect with your wallet which you use and move to binance bridge.
NAR WILL ALSO PROVIDE GEM AND GOLD
WHAT IS GEM & GOLD?
NAR tokens holders will get two another protocol tokens gem and gold.
Simple to get gem tokens stake NAR and get gem + NAR tokens at the same time. Gem token cannot be burn.
Stake GEM tokens and farm Gold tokens.
Only 576 gold token are distributed on daily base.
Gold will also be used for the NFT gatchapon feature , NFT gatchapon feature ,
Detail will be available soon.
Over all narwhale project is very strong with it’s features. Their main purpose is to facilitate users and narwhale has the ability to provide this .
summary
The DeFi convention can truly expand the productivity of the client, however the DeFi convention in like manner use today is restricted and the expense is higher, this is because of various factors, for example, innovation and information. Bamboo, and so forth Yet, that doesn’t imply that we can’t take care of this issue, for instance by utilizing the Binance Smart Chain, we can decrease expenses and make DeFi convention more productive, less expensive and secure more full.
Use the links below for more information about the project :
Website : http://narwhalswap.org/
Twitter: https://twitter.com/narwhalswap
Telegram : https://t.me/narwhalswap
Medium: https://medium.com/narwhalswap
Github: https:/github.com/narwhalswap
Discord : https://discord.com/welcome/svKCf67
Author’s details
Bitcointalk username: hope4shedia
