Bashoswap Readies for AMA on Cardanodaily Ahead of $BASH Initial Sale Round
Photo: Bashoswap
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The Cardano blockchain has seen dramatic improvements this year, as it has proved to be secure and scalable after the Alonzo Hard Fork back in September which brought smart contract capabilities and saw lots of projects being launched on the Cardano ecosystem, one of them being Bashoswap.
Bashoswap is a Cardano-based decentralized exchange (DEX) that will enable permissionless exchanges between ADA and other Cardano-based crypto assets. Bashoswap will be holding it’s second AMA on Cardanodaily, A Cardano focus community to shed more light on the Visions and the Bashoswap development progress.
Founded by Beri Ardas, a blockchain entrepreneur with years of experience in the cryptocurrency industry and backed by a team of seasoned full-stack development team. With the current Milkomeda Mainnet launch, the Bashoswap team is already exploring the opportunities of building a Multi-Chain DEX that will make it possible to swap Ethereum & Binance based tokens on Cardano.
Utilizing Milkomeda, Bashoswap will bring together existing functionalities on other blockchains such as Uniswap and Pancakeswap and repurpose them for the Cardano Blockchain.
Bashoswap according to it’s White paper is developing disruptive DApps and protocols for the Cardano ecosystem that will include a permissionless on-chain staking, LP toking, lending and governance protocols tailored specifically for the Cardano ecosystem that will be powered by the BASH token, $BASH, Bashoswap’s utility token, can be used in various ways by the community, including Staking, Farming BASH token, and governance.
Cardano tokens can be swapped, liquidity can be added to generate LP fees, and a launchpad for Cardano startups will be available at platform launch.
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