Last Update 05/02/2022
The largest crypto exchange BitMEX buys one of the oldest banks in Germany. That means the European Union needs to step up its introduction of blockchain technology into the continent's traditional economy. The ECB is already trying to create a euro cryptocurrency. And in parallel, independent projects like EuroSwap EDEX are ready to involve Europeans in the Web3.0 economy.
EuroSwap EDEX – Bridge between €uro and Crypto
In the past year, the European region has received more than €1 trillion worth of cryptocurrencies. That's 25% of all global activity, 50% of which comes 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 fit. One of the first projects to support the European Development Vector was EuroSwap – European Decentralized Crypto Exchange (EDEX).
EuroSwap will allow for the first time in world history the buying and selling of cryptocurrencies on the Decentralized Exchange for the official currency of the Eurozone, the Euro€. EDEX achieves these goals through advanced blockchain technology, as well as through partnerships with major payment systems such as VISA, which will open gateways for fiat euro transactions. In other words, hundreds of millions of eurozone residents will now be able to buy cryptocurrency securely with a simple bank card and just as easily withdraw their winnings from the card.
The idea for EuroSwap EDEX arose shortly before European Commission President Ursula von der Leyen announced that Europe would officially embark on the path to the Web2021 economy in the spring of 3.0. It took EuroSwap developers just under six months to develop and test smart contracts and create the project MVP.
In November 2021, the EuroSwap developers opened access to the automatic Swap exchange for the first BUSD / EDEX pair – https://app.euroswap.io on January 15, 2022, the EDEX team re-established its position as a serious player in the Web3.0 business by opening Early Staking to its investors.
EDEX launches and strike brings up to 152% PA
Typically, most crypto projects come to the question of creating rewards products at a late stage of development. It is a time consuming and expensive procedure that requires many hours of software development and even more time and effort to test the performance of the system. But EuroSwap EDEX has now made this technology available to its investors – in the early token distribution phase.
EuroSwap has opened Early Staking up to 152% APY for all EDEX investors. This is an incredibly brave move by the developers, as they refused to block tokens and gave investors a chance to decide for themselves: leave tokens in the wallet for trading and get minimal profit or add them to Strike with returns up to 152% APY. Just 5 days after the launch of Early Staking, more than 55% of investors have 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 Staking pools and receive attractive savings regardless of deposit volume: 6 months – 71% APY, 9 months – 98% APY, 12 months – 152% APY. Staking is completely based on the architecture of BEP-20 smart contracts and offers guaranteed automatic build-up at the end of the chosen term.
To use Early Staking EuroSwap you must have a minimum EDEX deposit of €200. Next, you need to go to the official website https://euroswap.io and find the Strike tab. Once the wallet is connected, the investor can choose the appropriate period and amount of the EDEX tokens for Staking. After confirming the operation with a smart contract, you must confirm the action by clicking on “Deposit”.
A triple benefit for everyone
Early Staking for EDEX token holders will start as early as January 15, 2022. In other words, the extra earning technology in the EuroSwap project will be available even before EDEX goes on the crypto exchanges. Early investors will therefore be able to profit already.
Another key point that completely flips the idea of running large ICOs – the developers of EuroSwap EDEX have abandoned the banal blocking of tokens in favor of the profitable Strike up to 152% APY. Early investors, instead of meekly waiting for their assets to be made available, will immediately receive an EDEX token and can make the important decision themselves: make a deposit on the strike or trade the EDEX token immediately.
EuroSwap's internal analysts estimate that more than 75% of early investors are willing to put as much as 90% of their stake on the strike. This means that the EDEX token will be able to remain stable at the time of the launch of trading on the exchange and will most likely enter an uptrend immediately, and the intensity of growth will continue from one year on.