FAQs
What is YouSwap?
YouSwap is an all-eco DeFi platform built on a multi-chain network across multiple public blockchains, with a decentralised exchange that integrates an innovative automatic market maker (AMM), and aims to house a complete financial ecosystem that includes:
- One-click token issuance
- Fundraising Launchpad (IDO, IEO)
- Liquidity Mining
- Trading Rewards
- NFT Staking
- Invitation Mining
- Multi-token Mining
- Income Aggregator (Machine Gun Pool)
- and many other functions
Upgraded Highlights of the YouSwap V2 Mining Pool:
1. Miners are able to amend their invitation-mining relationship
2. Platform upgraded to support fixed-period mining
3. Provision of mining pools’ data analytics
4. Ability to set the maximum deposit amount for a liquidity pool
5. Liquidity pools can support multiple mining/staking
6. Adjustments for block rewards are now supported
Is the YouWallet App secure?
YouSwap has a professional technical security team that ensures your assets are protected by implementation of multiple encryption technologies and processes, YouSwap improves the open-source code and has completed the security audit for the wallet.
Are there any restrictions on bridging different cryptocurrencies?
YouSwap V2 has no restrictions and can support all cryptocurrencies, subject to daily maximum limit.
What is CoinLabs
CoinLabs is a DeFi Incubator on YouSwap’s platform, focusing on incubation of new projects by providing advisory, investment, development, influencer marketing, and growth services, scaling innovative ideas from conceptualisation to launch. CoinLabs collaborates with YouSwap to bring capital and investors to projects, and can help with aspects such as whitepaper production, tokennomics design and post-launch marketing.
What are the processes and requirements for conducting an ISO (Initial Swap Offering) on CoinStarter?
The ISO consists of a private round, and an open-to-public round. Private rounds include whitelisting of wallet addresses, private investors’ token ratios can be calculated by = personal capital / token availability ratio.
The public sale permits overbidding, and tokens available to public investors are calculated by = personal capital multiplied by token ratio, and any excess is returned to project.
Which blockchains do CoinLaunch's one-click token issuance support at the moment?
Currently, YouSwap supports Ethereum, HECO Chain, and the BSC Chain. The YouSwap team is in the process of onboarding more public chains, and will add a fourth blockchain to the Coinstore ecosystem by 2021.
How long does it take for the projects’ to receive their minted tokens from CoinLaunch Dapp?
Transactions usually takes only a few seconds to complete.
Highlights of the DAO liquidity mining pool:
DeFi single-currency mining can be combined with NFT staking.
Benefits of the DAO liquidity mining pool for the project party?
Able to lock liquidity, reduce the token circulation, and provide consensus for cryptocurrencies
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