The largest cryptocurrency exchange BitMEX is buying one of the oldest German banks. This means that the European Union must introduce blockchain technology more intensively into the continent's traditional economy. The ECB is already attempting to create a euro cryptocurrency. And in parallel, independent projects such as EuroSwap EDEX are poised to engage Europeans in the Web3.0 economy.
EuroSwap EDEX - Bridge between euro and cryptocurrency
Over the past year, the European region has received over € 1 trillion worth of cryptocurrencies. This is 25% of all global business, with 50% coming from DeFi. The emergence of independent crypto projects capable of supporting European crypto integration, as well as competing for government financial products, is becoming a natural measure. One of the first projects to support the European development vector was EuroSwap - European Decentralized Crypto Exchange (EDEX).
EuroSwap will allow the purchase and sale of cryptocurrencies on the decentralized exchange for the official currency of the euro zone, the euro €, for the first time in world history. EDEX achieves these goals through cutting-edge blockchain technology, as well as through partnerships with leading payment systems such as VISA, which will open gateways to fiat euro transactions. In other words, hundreds of millions of Eurozone residents will now be able to buy cryptocurrencies securely with a simple bank card and just as easily withdraw their profits on the card.
The EuroSwap EDEX idea emerged shortly before European Commission President Ursula von der Leyen announced Europe's official course in Web3.0 economy in spring 2021. It took EuroSwap developers just under six months to develop and test smart contracts and create MVP project.
In November 2021 the developers of EuroSwap opened access to the automatic Swap exchange for the first BUSD / EDEX pair - https://app.euroswap.io on January 15th 2022 the EDEX team has once again established its position as a serious player in the business of Web3.0 by opening Early Staking to its investors.
Early Staking up to 152% APY
Typically, most cryptocurrency projects come to the issue of creating reward products at a late stage of development. This is a time-consuming and expensive procedure that requires many hours of software development and even more time and effort to test system performance. But EuroSwap EDEX has made this technology available to its investors now - in the initial token distribution stage.
EuroSwap has opened Early Staking up to 152% APY for all EDEX investors. This is an incredibly courageous step on the part of the developers, because they refused to block the tokens and gave the investors the opportunity to decide for themselves: leave the tokens in the wallet before trading and make a minimum profit or add them to the Staking with yields up to 152% APY. Just 5 days after the early launch Staking, over 55% of investors staked their EDEX tokens for a period of 12 months - https://stake.euroswap.io
The team offers all holders to make their EDEX deposits in the pools of Staking and receive attractive savings regardless of the deposit volume: 6 months - 71% APY, 9 months - 98% APY, 12 months - 152% APY. The staking It is fully based on the architecture of BEP-20 smart contracts and provides guaranteed automatic accruals at the end of the chosen period.
To use Early Staking EuroSwap is required to have a minimum EDEX deposit of 200 €. Then you have to go to the official website https://euroswap.io and find the card Staking. Once the portfolio is linked, the investor can choose the appropriate period and amount of EDEX tokens for it Staking. After confirming the operation with a smart contract, you need to confirm the action by clicking on "Deposit".
Triple benefit for all parties involved
Early Staking for EDEX token holders it starts as early as January 15, 2022. In other words, the additional earning technology in the EuroSwap project will also be available before EDEX goes to crypto exchanges. Thus, early investors will be able to profit now.
Another important point that completely transforms the idea of conducting large ICOs - the developers of EuroSwap EDEX have abandoned the banal token lock in favor of the profitable Staking up to 152% APY. The first investors, instead of meekly waiting for their assets to be made available, get an EDEX token immediately and can make the important decision themselves: to make a deposit on the staking or trade the EDEX token immediately.
EuroSwap internal analysts estimate that more than 75% of early investors are willing to add up to 90% of their deposit to the staking. This means that the EDEX token will be able to remain stable upon launching trading on the exchange and is very likely to immediately enter an uptrend, and the intensity of growth will continue for a year.