The Deswap Tri token ecosystem

Governance Token

Deswap's governance token is DAW and its core has been developed to facilitate both team and communal control.

To establish a proposal, a proposer will need 500,000 DAW, and the proposal must be accepted by a quorum of at least 1,000,000 DAW.

Synthetic Stable Coin

To begin, the Deswap Protocol(DAW) will allow users to mint YAI (YAI), a synthetic stablecoin pegged to the price of $1 USD, by using the yTokens from the underlying collateral already submitted to the protocol.

Users may borrow up to 50% of the remaining collateral value in their yTokens to mint YAI.Stablecoins on the Deswap Protocol can be created synthetically and added as a proposal through Governance. The protocol's default stablecoin will be YAI, which can be created using collateral previously committed in Deswap..

Rewards Tokens

We are also having rewards token newly added here. It's DWAP. DWAP is just an additional rewards token apart from DAW and YAI

Features of Deswap platform and DAW Token

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Constant Growth In Value DAW Token

Expanding the audience and releasing new products leads new users and increases trust, which leads to increased demand for a token.

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Security

The Polygon chain(s) operators are themselves Stakers and Delegates in a Proof-of-Stake system in the Matic Network.

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Highest Speed In DEFI

Our Network is capable of doing 80k transactions per second.

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Instant Liquidity

Borrow the Crypto on DEMAND which has access to instant liquidity.

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Lowest Gas Fee

Deswap has the lowest gas fee among other Lending major players in the market.

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Scalability

Scalability is achieved through the use of a decentralised Plasma operator method that achieves finality on a polygon chain.