Largest crypto exchange BitMEX is buying one of Germany’s oldest banks. This means that the European Union Introduced blockchain technology more deeply into the continent’s traditional economy.
The ECB is already attempting to create the Euro cryptocurrency. And in parallel, independent projects like EuroSwap EDEX are gearing up to involve Europeans in the Web3.0 economy.
Euro Swap EDEX – Bridge Between Euro and Crypto
In the past year, the European region has received over 1 trillion euros worth of cryptocurrencies. This accounts for 25% of the total global activity, of which 50% 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 Europe’s growth vector was Euroswap – the European Decentralized Crypto Exchange (EDEX).
EuroSwap will allow, for the first time in world history, to buy and sell cryptocurrencies on a decentralized exchange for the Eurozone, the official currency of the Eurozone. EDEX achieves these goals through partnerships with leading payment systems such as VISA, along with cutting-edge blockchain technology, which will open the gateway to euro transactions. In other words, hundreds of millions of Eurozone residents will now be able to buy cryptocurrencies securely with a simple bank card and easily withdraw their profits from the card.
The idea of Euroswap EDEX emerged shortly before the European Commission President Ursula von der Leyen announced Europe’s official course in the Web3.0 economy in the spring of 2021. It took Euroswap developers less than six months to develop and test smart contracts and create project MVPs. ,
In November 2021 Euroswap developers open access to automatic swap exchange for the first BUSD/EDEX pair – https://app.euroswap.io On January 15, 2022 the EDEX team again established its position as a serious player in Web3 Of. 0 business by opening early staking to its investors.
Early Staking – 152% APY . So far
Usually, most crypto projects come to the question of creating bounty products in the final stages of development. This is a time-consuming and costly process that requires many hours of software development and requires even more time and effort to test the system’s performance. But EuroSwap EDEX has just made this technology available to its investors – in the early stages of token distribution.
EuroSwap has opened an initial stake of up to 152% APY to all EDEX investors. This is an incredibly brave move by the developers as they refused to block the tokens and gave investors a chance to decide for themselves: leaving the tokens in the wallet before trading and receiving a minimum profit or giving them up to 152% APY Adding to the staking with the yield of .
Just 5 days after the launch of Early Staking, over 55% of investors staked their EDEX tokens for a period of 12 months.
The team offers all holders to make their EDEX deposits in the staking pool and receive attractive savings regardless of the deposit amount: 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 provides guaranteed automatic accruals at the end of the chosen term.
You must have a minimum EDEX deposit of 200€ to use the Early Staking Euroswap. Then you need to visit the official website https://euroswap.io and find the Staking tab. Once the wallet is connected, the investor can choose the appropriate period for staking and the amount of EDEX tokens. After confirming the operation with a smart contract, you need to confirm the action by clicking “Deposit”.
Triple benefit for all parties involved
Initial bets for EDEX token holders begin on January 15, 2022. In other words, the additional earning technology in the Euroswap project will be available even before EDEX moves to crypto exchanges. In such a situation, early investors will now be able to earn profits.
Another important point that completely changes the idea of conducting large ICOs – the developers of Euroswap EDEX abandoned the restriction of tokens in favor of profitable staking up to 152% APY. Early investors, instead of humbly waiting for their assets to become available, immediately receive an EDEX token and can make important decisions for themselves: deposit stakes or trade EDEX tokens immediately.
Euroswap’s internal analysts estimate that more than 75% of early investors are willing to add 90% of their deposits to staking. This means that the EDEX token will be able to remain stable at the time it starts trading on the exchange and is likely to enter an uptrend immediately, with the growth spurt to continue for a year.
You can find more detailed information about the Euroswap EDEX project on the official website or on the official Telegram group of EDEX.