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Home CryptoCurrencies

What Is Calaswap (CLS)? Complete Guide & Review About Calaswap

Verna by Verna
June 3, 2022
in CryptoCurrencies
Reading Time: 6 mins read
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What Is Calaswap (CLS)? Complete Guide & Review About Calaswap
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What Is Calaswap (CLS)?

Calaswap is an innovative trading mechanism that has evolved further from the existing orderbook-based DEX and transformed the on-chain cryptocurrency transaction to uses AMM. Instead of Buy/Sell orderbook, liquidity pools created by liquidity providers allow traders to swap between currencies. Also, liquidity providers share the transaction fees arising from the liquidity pool as revenue according to their liquidity contribution.

CLS’s structure is designed to enable users to achieve comprehensive and secure transactions through market liquidity. However, there is a variety of uncertain risks in liquidity supply, and the asymmetry of time, information, and subject should be eliminated to meet the user’s requirements. The layered Architecture of Calaswap Coin is suggested to fulfill the requirements above.

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Calaswap is an Automated Market-Making (AMM) swap protocol, with a Defi service where everyone can become a liquidity provider and earn transaction fee income, the ecosystem participants can be classified as follows: User, Liquidity provider, Farming & Staking, Community Participant, Airdrop Operator.

Calaswap Storage Key Points

Coin BasicInformation
Coin NameCalaswap
Short NameCLS
Circulating Supply 3,000,000,000
Total Supply3,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

CLS Price Live Data

The live Calaswap price today is $1.40 USD with a 24-hour trading volume of $502,550 USD. We update our CLS to USD price in real-time. This is up 52.52% in the last 24 hours. The current CoinMarketCap ranking is #3225, with a live market cap of not available. The circulating supply is not available and a max. supply of 3,000,000,000 CLS coins.

If you would like to know where to buy Calaswap at the current rate, the top cryptocurrency exchange for trading in The stock is currently CoinTiger. You can find others listed on our crypto exchanges page.

AMM mechanism

Calaswap Coin mechanism is based on the x*y=k formula. When creating liquidity pool, each price range depends on the quantity of each token. It is designed to decide the price according to the change of supply per token in the liquidity pool.

Layered Architecture

Calaswap structure is designed to enable users to achieve comprehensive and secure transactions through market liquidity. However, there is a variety of uncertain risks in liquidity supply, and the asymmetry of time, information, subject should be eliminated to meet the user’s requirements. Layered Architecture of This is suggested to fulfill the requirements above.

Deflation Mechanisms

20% of all transaction fees will be used to repurchase CLS tokens from the open market and burn.  In general, CLS token burn occurs once a month and the information on burning will be disclosed transparently. For other products to be released in the future, the deflation mechanism can be considered.

Governance

Calaswap DAO is decentralized autonomous organization governs . The creation of DAO offer direct control of community about extended governance mechanism by indicating movement to completed DAO features. The entire participants of DAO will be committed to achieve the common purpose which DAO and CLS token to be fully decentralized, owned and managed by DAO.

Decentralizing Calaswap

Calaswap Coin provides true value, fairness and innovation to decentralized finance through high-quality products and services, and the major
structural changes are decided by a vote in the community while the whole platform maintaining decentralized governance of CLS token holders.

Calaswap Feature

Liquidity provider

LP, Liquidity provider, pool their tokens in the pool they want to. If you provide liquidity to the pool, you will receive LP (Liquidity Pool) Token as proof, where the number of LP Tokens received represents your stake (%) in the total pool, and you can receive the commission revenue generated from the pool as a liquidity supply reward based on this LP.

Farming & Staker

You may be rewarded with CLS tokens by farming the LP tokens received as liquidity supply rewards, or you will be rewarded with CLS tokens or non-CLS tokens by staking CLS tokens.

Community Participant

Community participants can influence key decision making of Calaswap Coin by participating in governance. It is a structure that benefits the participants as develops.

Airdrop Operator

For promising new projects, the mutual marketing can be carried out in consultation with Calaswap, the creation of initial liquidity and the securement of suppliers can be made through effective content exposure, and the liquidity linkage is available.

Article Disclaimer

The Information Presented Here Does Not Constitute Investment Advice Or An Offer To Invest. The Statements, Views, And Opinions Expressed In This Article Are Solely Those Of The Author/company And Do Not Represent Those Of Coinworldstory. We Strongly Advise Our Readers To Do Your Own Research (DYOR) Before Investing In Any Cryptocurrency, Blockchain Project, Or Ico, Particularly Those That Guarantee Profits. Furthermore, Coinworldstory Does Not Guarantee Or Imply That The Cryptocurrencies Or Projects Published Are Legal In Any Specific Reader’s Location. It Is The Reader’s Responsibility To Know The Laws Regarding Cryptocurrencies And Icos In His Or Her Country. Please Respect Your Country Law & Take Advice From Your Advisor .

Tags: Calaswap CoinCalaswap ReviewHow It Work CalaswapHow To Buy Calaswap
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Verna

Verna

One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.

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