CWAP is a new cross-chain decentralized exchange (DEX) that aims to revolutionize the way we trade digital assets. Similar to @THORSwap and @Chainflip, CWAP supports Bitcoin and a wide range of other blockchains. However, it introduces some key differences that set it apart from the competition.

• Innovative Approach to Security

Unlike traditional DEXs that rely on a blockchain with stakers and validators, CWAP uses collateralized smart contracts on the @CoinwebOfficial platform exploiting the maximum capabilities of PACTs. This innovative approach dynamically adjusts the collateral for securing swaps based on the transaction amount and the time required to complete the trade. This is a significant departure from the staked validator approach, which often ties up capital through validator auctions and fixed epoch time slots.

• Cost-Effective and Flexible

By avoiding the need for staked validators, CWAP cuts costs significantly, offering 50-95% savings. This cost-effective model also enhances the DEX's flexibility, making it easily extendable with other DeFi tools. All these tools can be deployed as smart contracts on the same platform, streamlining the process and reducing complexity.

• Permissionless Listings

CWAP allows for the permissionless listing of cross-chain pairs, similar to how pairs are listed on Uniswap. This feature promotes a more open and inclusive trading environment, enabling users to list and trade a wide variety of assets without the need for centralized approval.

• Supported Chains

CWAP supports a diverse range of blockchains, including:

- $BTC

- $ETH

- $BNB

- $EGLD

- $KUJI

- $BCH

- $LTC

- $MATIC

- $DOGE

- $ARB

More chains will be added over the time!!!

• Commitment to Decentralization

CWAP is committed to increasing the total market share of DEXs by providing a better cross-chain trading experience. The platform stands firm in its belief in decentralization, self-custody, and uncensored economic freedom. CWAP aims to offer more ways for people to achieve these ideals, without competing directly with other DEXs like @THORSwap, @MaiaSwap, or @Chainflip. Instead, CWAP sees itself as part of a united front against censorship and economic control.

• TL;DR

- 🟪 More secure, 50-95% cost-savings

- 🟦 Permissionless & promoted listings

- 🟪 Connects any blockchain, including Bitcoin

- 🟦 Less offchain infrastructure than similar DEXs

CWAP is here to provide a more secure, cost-effective, and flexible solution for cross-chain trading, addressing the significant lack of options for decentralized trading of native $BTC. By leveraging innovative technology and a commitment to decentralization, CWAP is poised to make a substantial impact on the DEX market.

Deep dive and interact with the team by connecting to their socials:

TG: https://t.me/CWAPSWAP

X Page: https://x.com/cwapswap?s=21&t=oSGqeP-2Naadz19txnLohg