Hello cryptolovers!
We are excited to share our first story on medium. Today, I will give you some information about what we are building as Pug Swap. Although we recently launched our website and our social media accounts, we are working on Pug Swap for quite some time. We have been working on the project since last September.
During our development process, we first designed Pug Swap as a decentralized trading protocol built on BSC. Our Mainnet that we are planning to release on this July will act as a decentralized exchange adopting the AMM(Automated Market Maker) model. Just like in any other decentralized exchange, users will trade against a liquidity pool. Liquidity providers will earn LP tokens that they can convert to the original tokens they supplied.
We will initially have 4 staking pools which we called BONE, COLLAR, TREAT and TOY where you can stake your LP tokens to earn PUG. We will of course then enlargen our staking pools to as much as possible and will try to provide our users the best APY possible.
On the development road, we decided to add an NFT Market Place to our roadmap where PUG holders will be able to breed, grow, exchange NFT Pets for PUG Tokens. We are also planning to add tons of things such as dog accesories to the NFT Market which you can purchase for your beloved NFT pets! As the NFT place grew tremendously this year, we are very excited with this development. We are planning to release our NFT Pet Market on this September in which we believe will be huge for the Pug Swap Community.
We haven’t done any presales for the PUG Token as we believe in fair launchs. We will have our Pancake Swap Listing on this Friday, 21.05.2021, 15:00 UTC.
Before our listing, we have an ongoing airdrop event which will be closed on 20.05.2021 at 21:00 UTC. You can find more information about the airdrop from our twitter page : https://twitter.com/SwapPug
We encourage you to dig into our website and social media accounts.
