WOWswap is a decentralized leveraged trading protocol that runs on top of Pancakeswap DEX based on Binance Smart Chain. The token ticker of WOWswap is WOW.
With WOWswap traders can buy and sell their favorite tokens with up to 5X leverage by borrowing extra BNB from the lending pool. Liquidity providers can supply BNB to the lending pool and receive interest paid by the traders.
What is SwapX:
- SwapX is an AMM Aggregator protocol developed by the LaunchZone team. This protocol automatically helps users acquire the best swap rate available on all BSC’s AMMs.
- Obviously, our swapx.launchzone.org offers better swap rates than other AMMs because it finds the AMMs with the best liquidity among BSC’s AMMs to divide, match, and execute user orders.
- Increase the number of users and the adoption of Binance Smart Chain.
- Increase transaction volume and liquidity for WOW.
- Help users get the best swap rate when swapping trading pairs with WOW.
Form of implementation:
- The Referral Trading Contest organized by LaunchZone SwapX & WOWswap
Location of implementation:
- The user who connects his/her wallet to SwapX shall have a unique referral link. The user copies the link and sends it to his/her friends. The winner of the contest will be the one with the highest total of friends’ trading volume.
Price and reward:
- 100 WOW ( current price: $26.57/WOW; total reward pool: $2,657)
Time period of implementation:
- 1 week.
- Date & Time: From 22nd March 2021, 10:30 PM (HKT) to 29th March 2021, 10:30 PM (HKT).
Ranking reward structure:
- 1st Place: 7 WOW
- 2nd Place: 5 WOW
- 3rd Place: 4 WOW
- 4th Place: 3 WOW
- 5th-10th Place: 1.5 WOW
- 11th-100th Place: 0.8 WOW
- LaunchZone reserves the right to disqualify traders that are deemed wash trades or showing any kind of self-dealing.
- LaunchZone shall only calculate the total buy & sell volume of $WOW token overall trading pairs.
- LaunchZone reserves the right to cancel or amend any activity or activity rules at our sole discretion.
- The rewards will be contributed directly to the wallets of winners within 1 week after the campaign ends.
- All the rewards will be paid in $WOW.
- Participants need to follow @launchzoneann and @Wowswap_io on Twitter
- Participants need to join our Telegram groups https://t.me/bscextalk & https://t.me/wowswap