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WagyuSwap is an automated market maker (AMM)-based decentralized exchange (DEX) built on Velas Blockchain. The WagyuSwap exchange offers low-cost token swaps with ultra-fast transaction confirmations. Plus, users can provide liquidity to the platform and earn trading fees using the native VEP-20 WAG token. Also, liquidity providers earn LP tokens, which they can stake to earn additional WAG token rewards. Furthermore, Sizzle pools offer attractive interest rates for staking WAG tokens. Users can choose between manual and automatically compounding pools to earn flexible returns with minimal friction. Thanks to the integration of the Swapz stablecoin protocol, the WagyuSwap exchange offers cross-chain token swaps with a simple, sleek user interface. Users can seamlessly swap tokens between Ethereum, Binance Smart Chain (BSC), Velas Blcockchian, and Polygon.
Velas Blockchain is a decentralized artificial intelligence (AI)-powered blockchain. The Velas Network is host to a diverse range of decentralized applications (dApps), including VelasPad and BitOrbit. Also, the native VLX token is an essential part of the Velas Artificial Intelligent Delegated Proof of Stake (AIDPoS) consensus algorithm. It is used as a unit of account throughout the network in conjunction with Velas Wallet. Furthermore, Velas Blockchain uses the Solana blockchain codebase with additional Ethereum Virtual Machine (EVM) functionality. This enables the Velas development community to create cross-chain applications that benefit from super-fast transaction confirmations and low fees. Moreover, the platform aims to promote the mass adoption of blockchain and Web3 technologies by providing a familiar and flexible ecosystem of tools and services.
