Dear Astar comunity, a pleasure to be here. I’m Grantas, a CEO of YumiSwap. I would like to apply YumiSwap in Builders Program.
YumiSwap is a crypto world for users to trade, earn, and game. It’s the best choice for projects on Astar with features including AMM, NFT, and GameFi. YumiSwap brings benefits to users not just by trading and farming but profit opportunities through NFT, GameFi and great potential new projects launching from our very own YumiPad (Launchdpad). Also, you will get free $YUMI by trade mining.
YumiSwap will basically provide following functions in Astar Network in addition to normal swap function:
In addition to above, we will keep development to add more features. For details, please see our roadmap described below.
We are sure that Astar Network would be much better to grow rapidly by having several strong, trustful Automated market maker protocol. As strong public chains have several strong, trustful AMMs, like BSC for PancakeSwap, BiSwap and MDEX, Avalanche for Trader Joe and Pangollin, Fantom Opera for SpookySwap and SpiritSwap, Solana for Orca and Serum DEX. We would like to contribute to the growth of whole Astar ecosystem by deploying useful AMM.
To provide a smooth DeFi product in Astar Network to grow the whole Astar ecosystem. After launching, we are going to make a lot of partnerships with existing projects. As we are strong dev team, we can provide qualified product smoothly.
Contract Address: TBU
Chain: Astar Network
Total Tokens: 18,921,600 YUMI
LP farming reward: 11,352,960
NFT reward: 567,648
Trade mining reward: 378,432
xYUMI staking rewards: 3,784,320
Ecosystem (pre-minted): 946,080
Allocation of pre-minted $YUMI
Private sale: 100,000
Whitelist sale: 100,000
Public sale: 400,000
Initial liquidity: 200,000
Public sale will be held around early May. After 24 hours later when public sale ends, we will open farms.
We set initial marketcap smaller than other AMMs so that many Astar users can experience the growth. Furthermore, we set small allocation to dev so that all users do not have to worry about the huge dev selling. 0.05% trading fee will be used to buy back $YUMI and is rewarded to xYUMI stakers
Recently lots of project allocate huge percent of team but we don’t as we want to be fair and truly decentralized.
To be a trustful project, we’ve already passed the security audit by 3rd party audit firm.
You can see our audit report below. We understand security is always important.
Trading Contests-The most active traders can win massive prizes!
YumiPad- Get big launchpad bonuses on vetted & high quality projects when you are a xYUMI holder.
P2E Metaverse- Follow our socials to learn about our whitelist process and how to play the game!
Partnerships - We are working to onboard high quality partners to be their source of liquidity.
NFT market place and launchpad. Trade your favorite NFTs directly at YumiSwap!
Bridge - Implement Multichain bridge
Utlity - Add various useful utilities to $YUMI token
Grantas has a lot of experience as well as deep knowledge for DeFi and NFT ecosystem. He specialize in macro economics and accounting. He has good experience in launching the product such as AMMs, Lending, Yield Optimizer, NFTs etc and growth of ecosystem in BSC, AVAX and FTM.
YuMax has deep knowledge and rich experience in marketing, game creation and business development.
Yumi Mark CTO
Yumi Mark is a lead developer with more than 5 years of professional experience building scalable dApps. He also has tons of experience in blockchain engineering and good at coding as well as building a whole apps in BSC, AVAX, FTM and Cronos.
TVL: 20M → $20,000 USD equivalent ASTR with 3 months vesting
TVL: 50M → $30,000 USD equivalent ASTR with 6 months vesting
As Fantom Opera’s grant milestone is TVL 20M for USD worth of 50k FTM, we set our KPIs as above.
dAppStaking listing when we launch
We would like to use some portion of dApp staking rewards to buy back $YUMI to incentivise users to use our product so YumiSwap and Astar Ecosystem can grow each other.
After finishing smart contract deploy, we are going to open our github.