Swapult

Decentralized Finance (Defi) that brings a world of benefits in the crypto industry,


 Swapult is a cross-chain liquidity manager for token pools and auctions powered by 

decentralization, infrastructure.  We facilitate the purchase and transfer of tokens between blockchains.

Because blockchain-cryptocurrency innovators are looking for a decentralized and censorship-resistant way 

fundraising, Initial DeFi Offering (IDO) and Initial Liquidity have appeared 

Offer (ILO).  Moreover, with the advent of Automated Market Makers (AMM), token's 

Liquidity is an important determinant of its market price.

Although markets are becoming more competitive and value-oriented, the innovator stage is 

facing unprecedented challenges due to these fast-paced changes.  Prior to listing, they now have to look for liquidity investments for their tokens.  However, upon arrival, that scenario presented a new one. Opportunities for early stage investors, higher payouts and more security through mining.



Swapult Solution

Protocol swapping is swapping that envisions a decentralized way of connecting early stages 

blockchain-cryptocurrency innovators and investors.  Its unified interface supports project owners to launch and manage liquidity auctions that are easy for investors to find on the platform.

Swapult embarked on a long-term mission to disrupt and fully decentralize liquidity auctions. projects built with a vision to facilitate greater interoperability through cross-chain interactions, which in turn, will strengthen the adoption and value of DeFi.

Safe & Reliable

As such, there are two major barriers to mainstreaming DeFi, aside from the often-discussed issue of scalability.  most of the existing projects are not user friendly and steep 

learning curve.  Apart from that, bug-laden and poorly written smart contracts fix 

undermines DeFi's potential to be tamper-proof.  To mitigate this problem, we have used React 

Native to build responsive Swapult UI, along with intuitive information architecture. At this stage, the stack we are using for MVP is Solidity, javascript, react, web3, and key 

integrations include Remix, Truffle, and MetaMask.  In addition, we have migrated 

platform with Tomochain and is now working on integration with Polkadot parachains.

Swapult Market Opportunity

Decentralized Finance (DeFi) has consistently gained popularity in the past year, and 

right now, we are witnessing the much-anticipated explosion of adoption.  Driven by the emergence of decentralization 

exchanges like Uniswap, as well as several promised dApp solutions, the market has grown with 

over 1000% since 2019. At the time of writing, DeFi's total market cap is over $16 

Billion.

Despite this, however, adoption still faces some obstacles.  Blockchaincryptocurrency startups need to bootstrap liquidity, to ensure favorable trading prices on 

DEX and other AMM based platforms.  In this context, there is an increasing demand for decentralization, 

an integrated cross-chain ecosystem that allows project owners to easily and securely conduct pre-listed liquidity auctions.

On, it represents a long-term business opportunity and market space for layer-3 exchange 

protocols such as Swapult.

Ecosystem Exchange

Broadly speaking, there are two categories of Swapult users.  One of them involves the Project Owner or Pool 

Creators, while Investors or Liquidity Providers (LP) consist of others.  In this section, we discuss 

available pool types, user flows, pool state, and Swapult governance model.

Pool Type

There will be two types of pools on the platform— Direct Selling Pools (DSP) and Time-Locked 

Swimming Pool (TLP).

Direct Selling Pool (DSP): This is a pool without a lock-in period, where investors earn 

tokens immediately after swap.

 Time-Locked Pools (TLP):   These pools have a predetermined lock-in period and investors

receive tokens received only after this duration is over.  Smart swap 

the contract will also allow pool creators to define specific lockout periods, thereby releasing 

exchange assets gradually.  For example, say, disburse 40% of the tokens exchanged 

immediately and, after say 1 month, 60% remaining 6-equal monthly payments.

swimming pool status

Each pool on the Swapult platform will have one of the following states at any given time.  Based on pool status (and, also type) smart contracts will transfer liquidity and auction Tokens to their beneficiary wallets.

 Created: this pool is available exclusively to SWAPULT token holders.

 Open: pool is available to all Swapult users.

 Out of Stock: the predefined supply of auction tokens has been sold out, but pool 

duration is not over.  In the case of TLP, tokens will not be locked for the remainder 

duration.

 Finish: The POOL has reached the end of the specified duration.  Both for DSP and TLP, 

the remaining tokens are returned to the PO wallet at this point.  Investors, on the other hand, 

get their tokens purchased (exchanged) via TLP.


 Closed: the pool is complete and the tokens have been disbursed.

Project Owner Flow

Supported Blockchain & Wallet

After onboarding, project owners must first select the blockchain protocol relevant to them 

projects, as well as cryptocurrency wallets.

At the MVP stage, Swapult supports projects based on Ethereum and the MetaMask wallet.

In the future, this platform will support other blockchain ecosystems.  In addition, users will be able to 

to integrate wallets such as WalletConnect, Coinbase Wallet, Fortmatic, Portis, as well as other nonERC20 wallets.

Pool Making

The project owner can start a pool by clicking the 'Create Pool' button.  Since Switch follow 

strict non-intervention policy, the project owner or PO needs to define the following parameters:

 Address token (contract), contains information about the name and ticker.  In MVP 

phase, Swapult supports ERC-20 tokens.  In the near future, the platform will integrate the non-exchangeable ERC721 token, as well as other cross-chain standards and functions.


 The total supply of tokens available for a given auction or pool.


 Assets for incoming pool payments or contributions.  In the MVP phase, PO has 

the option to pair their tokens with ETH or DAI or both.  In the future, more pairs are swapping 

will be available as Swapult integrates other blockchain protocols.


 Swapping ratio—that is, the price of the auctioned token in finding the chosen liquidity 

one set.  As an incentive for Swapult token holders, POs must determine the percentage 

discount (say, X% of the price of ETH).


 The total duration of the pool, as well as whether it is a Direct Selling Pool or a TimeLocked Pool.  The creator also determines the time period (T% of the total duration) which 

the pool will be opened exclusively to Swapult token holders.

Transaction

After filling in the details, POs need to click on the 'Start' button to register their pool in 

Ethereum blockchain (finally, on another blockchain relevant to their project).  This will also 

initiate the following transactions from the selected wallet:


 Supply of pre-defined auction tokens will be transferred to Hash 

Timelock Contract (HTLC), where the contract will be kept for the total duration of the pool.


 Gas fees for holding pools and their data in Ethereum.  code 

Swapult's smart contract architecture ensures approximately 85% less gas costs for projects 

owners, compared to existing market standards.

cost

The project owner will pay two categories of fees, which will be used for development and maintenance 

from the platform.  For the share of auction tokens made available to SWAPULT holders, the fee will be 

to 0.15% of the total liquidity generated.  it will be 0.2% of the total liquidity pooled. 

In the future, governments may vote to change costs.


Liquidity Provider or Investor Flow

Pool Options

Swapult has a market like UI, where liquidity or LP will track everything 

pools hosted on the platform — past, ongoing, and future.  At this stage, they will have 

early access to the following information about the pool:

 Opening Time: when the pool is available.  If the LP is not a qualified SWAPULT

owner, the message on the screen will determine the time when the pool is available for 

not a SWAPULT holder.


 Closing Time: the end time for the duration of the pool.

 Time Time: remaining time available.

 Token Name: the name of the auction token, as determined by the PO.

 Payment Method: ETH/DAI or both, as determined by the PO.

 Swapping Ratio: conversion rate determined by PO.

 Status : the current state of the pool.

Supported Blockchain & Wallets: Although vinyl records can trace the above information, for 

participate in the pool they have chosen their preferred blockchain ecosystem and connect a 

relevant wallet.  In this case, they will have the same choices as the project owner.

Join the Selected Auction

Once this is done, LPs can click the 'Join' button for their chosen pool.  In the Settings Interface, 

they need to enter the number of auction tokens they want to buy or how much 

ETH/DAI they want to invest.

Whatever the LP input, the Swapult algorithm will automatically calculate the appropriate one 

values ​​based on group data.  They will also receive a disclaimer informing them of the risks involved 

with an investment, which he can accept or reject.

Recommendation: As a general security protocol, investors should carry out basic authenticity checks 

before choosing a pool.  This includes reviewing smart contracts, owner portfolios, and 

other similar documentation to avoid fraudulent tokens and scams.

If they accept, the swap will be initiated, transacting the selected amount of ETH/DAI from 

wallet connected, plus fees that go to the Swapult wallet.  Depending on the type of pool, 

auction tokens will be transferred immediately to the same wallet or after the duration of the pool.

burnt.  As for investors and liquidity providers, 

Ownership of SWAPULT tokens qualifies for a variety of use cases.

Use Case

The SWAPULT token has several use cases in the Swapult ecosystem:

 Additional Benefits: Investors holding SWAPULT tokens get additional benefits and 

better swap ratio for pools running on the platform, as described in the previous section.

 Governance: Swapult Platform will implement regular Proof of Stake (PoS) 

convention convention, allows SWAPULT holders to gain voting rights by staking 

token is the designated wallet.  In general, the mechanism will involve staking a limited period, 

to be defined in detail at launch of platform governance.

 Staking: SWAPULT token holders will be able to generate annual income from 

their SWAPULT tokens, by staking them in certain ERC20 wallets.  As an incentive, 

SWAPULT holders will get staking rewards (discussed below allocation).

 Token Burning: Swapult adopts a Limited Top-Rated Burn policy and will use 16.667% of 

his daily earnings to the SWAPULT buy market for token burning, with 20% cap 

of the total supply of SWAPULT.

Reserves: These reserve tokens are used for future initiatives and to support 

community, marketing, exchange fees, and long-term liquidity.

Token Sales Metrics

 Total Supply: 5,000,000 SWAPULT

 Pre Seed: 100,000 SWAPULT for $0.35.  Lock 3 months, then 8.33% every month

 Round Strategy: 400,000 SWAPULT, at 0.455 USD.  10% at TGE, then 9% every month 

more than 10 months.

 Personal Sale 1: 700,000 SWAPULT, at $0.47775, 20% at TGE 20%, then 20%, monthly.

 Personal Sales 2: 900,000 SWAPULT for $0.50050, 25% at TGE, then 25% every month.

 Auction Pool: 100,000 SWAPULT for $0.7, no lock-in.

 Selling Price: TBD.

Token Sales Metrics:

  • Total Supply: 5,000,000 SWAPULT
  • Pre Seed: 100,000 SWAPULT for $0.35. Key 3 months, then 8.33% monthly 
  • Strategic Round: 400,000 SWAPULT, at 0.455 USD. 10% at TGE, then 9% every month for 10 months.
  • Personal Sale 1: 700,000 SWAPULT, at $0.47775, 20% at TGE 20%, then 20%, monthly.
  • Private Sale 2: 900,000 SWAPULT for $0.50050, 25% at TGE, then 25% every month.
  • Auction Pool: 100,000 SWAPULT for $0.7, unlocked.
  • Price List: TBD


Roadmap

Kick-off Q4 2021

  • Development opening
  • Seed sale completed
  • Testnet is online
  • Code published on Github

Q4 2021 – Q1 2022 MVP

  • Private sale
  • Register without permission
  • The first swimming pool in Swapult

Q1 2022 Acceleration

  • Cross-chain exchange
  • Governance & Betting
  • Stablecoin support
  • Bid auction

Q2-Q4 2022 DAO

  • Swapult Platform v2.0 Fully functional DAO launch

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