WagyuSwap — is the first DEX on solana parachain, VELAS, that guarantees full EVM compatibility and the ability to easily bridge tokens across multiple networks.
IDO Date: Tuesday September 7th
Staking Eligibility Cutoff: Tuesday September 7th, 5 AM UTC
Public Sale Token Price: $0.01 USD
Allocation Round Open: Tuesday September 7th, 8 AM UTC
Public Sale (FCFS) Round Open:
- #BSCPAD: Tuesday September 7th, 1 PM UTC
- #ETHPAD: Tuesday September 7th, 1.1 PM UTC
PancakeSwap/Uniswap listing: Tuesday September 7th
- Pancakeswap Launch: Tuesday September 7th, 3 PM UTC
- Uniswap Launch: Tuesday September 7th, 4 PM UTC
Maximum Token Supply: $500,000,000 WAG
- #BSCPad: 12,500,000 WAG
- #ETHPad: 10,000,000 WAG
Circulating Supply at Listing: 3,750,000 WAG
Market Capitalization at Listing: $37,750 USD
Public Sale Vesting Schedule: 5% unlocked at TGE, linear vesting over 5 months.
WagyuSwap ($WAG) is the first DEX on Velas, an entirely new blockchain forked from Solana, guaranteeing full EVM compatibility.
What problems does it solve?
DeFi is on the rise as simultaneously restrictive and ineffective regulations push people away from centralized exchanges. With Ethereum, BSC, and Polygon maturing, DEXs become the epicenter for crypto divers. Utilising Solana’s unquestioned technological credentials coupled with the highest throughput and ultra-cheap transactions, Velas is set to make more than a few headlines.
As the first DEX on the fastest EVM compatible blockchain, WagyuSwap will easily bridge tokens across multiple networks, faster than any other chain.
This allows WagyuSwap to not only be the DEX that dominates the Velas ecosystem, but also the place where sophisticated and chain-agnostic traders will go for superior technical performance.
How WagyuSwap Fits in the Ecosystem?
As the first DEX on a completely new blockchain, WagyuSwap will be the platform where new projects will launch into the Velas ecosystem and where traders and investors will have the panoply of DeFi services they enjoy in other blockchains like Ethereum, BSC, Polygon, and others.
Not only will WagyuSwap be a holistic DeFi platform for Velas, but because of this blockchain’s profile — forked from Solana and the fastest EVM around — it will give crypto enthusiasts a technically superior platform to bridge tokens across multiple networks at lightning-fast speeds and with a much lower cost.
About Velas ($VLX)
Founded in 2013 by Alex Alexandrov, the CEO of the world’s first altcoin payment processor platform (Coinpayments), Velas is both an AI-operated proof-of-stake (POS) blockchain making it the fastest blockchain today, and an ecosystem enabling anyone to build AI-powered projects, dApps, smart contracts, and more.
Velas was created to fix the most pressing challenges faced by most blockchains today, namely centralization, 51% attacks, scalability, security, etc. Velas tackles these long-standing issues via its cleverly designed neural networks which are optimized artificially to enhance its consensus algorithm.
How to Buy VLX Prior to WagyuSwap Launch
Velas ($VLX) is currently trading on 5 exchanges. There’s also a Velas Wallet available as an in-browser extension for various systems, as well as a mobile app. Plus, there’s also a MetaMask Browser Extension available.
The price of VLX is up by 70.9% in the last 7 days, and with the launch of WagyuSwap just around the corner this is likely set to continue on an upwards trend.
To find out more about Velas, the parachain of Solana, follow the links below.