The Binance Smart Chain has more than two dozen decentralized exchanges all battling to attract projects and their liquidity. By offering a unique and powerful set of features for crypto projects SWYCH, the brand-new DEX created by Titano Finance, has set its goal on becoming a top 5 DEX on BSC.
Typical DEX Features Do not Fulfil the Needs of Most Crypto Projects
DEXs are typically used for swapping staking, and farming tokens. Projects interact with them to get their tokens into and out of the hands of buyers, and because they are great liquidity platforms.
They provide a very valuable service to the crypto industry, however, a DEX can do so much more to help a project thrive, and to bring value to crypto investors who interact with them. SWYCH reimagines what a DEX can be, and offers a range of features that elevates its benefits.
SWYCH is a Partner for Projects and Not Just a Service Provider
SWYCH will be the first DEX to take a “Project Focused” approach to servicing crypto protocols. With more than 95% of crypto projects failing in the first 90 days, SWYCH has positioned itself as a supportive partner for projects rather than a simple service provider.
With this goal in mind, SWYCH offers all of the standard DEX features, and adds several others that are designed to help projects grow.
SWYCH is the hub of an ecosystem that utilizes the support of Titano Finance's expertise, its community and treasury, and powerful features to help develop, launch, and support BSC-based projects. Here is a list of 5 SWYCH services, that make it uniquely powerful.
1. SWYCH Offers Lower Fees
SWYCH offers the most competitive DEX fees and will modify or even eliminate fees depending on the project. This benefit is great for new projects that need every penny to build or older projects needing some extra funds. It also makes sense for large projects with lots of swap volume where a small difference in the swap can amount to gigantic sums of money.
2. SWYCH offers Native Token Burning
Typically, DEXs charge fees that are 50% in a project’s native tokens. They sell these tokens often at times that are detrimental to that project. In contrast, SWYCH burns all of the collected native tokens meaning that a project never has to worry about token dumps. Not only does this help with a project’s price stability, it also means SWYCH has integrated a powerful deflationary tool for every project.
3. SWYCH offers Custom Project Services
Typically, DEXs do not get involved in the actual projects that list with them. With a lack of external support, many of these projects that might have a good chance at success, fail. SWYCH will end this trend by offering projects key services designed to make their projects stronger and increase their odds of sustainability. SWYCH will be the first DEX to offer custom services to clients. These include:
- High-quality marketing
- Consultation on market positioning and the best launch strategies
- Superior farming and staking strategies
- Access to educated and motivated investment communities.
- Custom (Bespoke) strategies that fit the specific needs of the project. These might include further reduced or suspended fees, consultation on critical project areas, locating skilled developers and impactful use cases, and other services.
4. The SWYCH LaunchPad (SWYCHPAD)
The SWYCH Launchpad is unique because it will focus on projects long before, during, and after they launch. The SWYCH team will interact with project developers to assist with perfecting their projects before launch. They will create marketing plans including co-marketing strategies for each project. During launch the projects will work with Titano and other partners to create the best launch. After launch, SWYCH will continue to work with projects to ensure they have the resources they need to reach their goals. Positioning SWYCH this way is attracting higher quality projects looking for a partner and not just a launchpad that takes fees and abandons them once they launch.
5. The SWYCH Incubator
The SWYCH Incubator has a focus on developing high potential ideas that need a wide range of services and potentially funding to turn those ideas into the next successful crypto project. Titano will utilize its treasury to provide funding to projects and the Titano team will offer its skills to guide project developers through the development process and all the way through launch. All projects will launch on the SWYCHPAD and be listed on SWYCH.
It is also important to note that SWYCH recognizes that each project whether they are listing on the DEX, using its liquidity pools, farms. SWYCHPAD or Incubator, has individual and specific needs. SWYCH is prepared to create custom strategies and benefits for projects based on their specific needs.
Collectively these benefits position the SWYCH DEX uniquely in the crypto space, particularly at a time when projects are looking for any advantage to help them succeed. SWYCH will continue to add services that support their Project Focused DEX strategy.
SWYCH is currently onboarding projects onto the DEX, the launchpad, and the incubator. They recently announced their first launchpad project called Uniqo.Finance, a hybrid DeFi protocol, with lots of promise. The team is currently vetting several additional projects for launches in 2022. Projects can approach SWYCH to apply for registration on their website or through their socials.
