Swapz Research

Johnnie_Jacks

4 min readJun 30, 2021

The next IDO on TRONPad will be coming on July 1st at 8am UTC and is called SWAPZ

If you haven’t already read my previous articles on TRONPad, you can check them out here:

TRONPad https://johnnie-jacks.medium.com/tronpad-research-6315c26a65ad

CrossWallet (first TRONPad IDO) https://johnnie-jacks.medium.com/crosswallet-research-65bd4b29f03a

Polker (second TRONPad IDO) https://johnnie-jacks.medium.com/polker-pkr-research-b277ff77e2df

What is Swapz?

Here’s what you need to know about trading on SWAPZ:
- Zero slippage puts 100% of YOUR gains in YOUR wallet.
- Human error: not on Swapz. You’re protected.
- It’s so user friendly it turns green newbies into seasoned pros.
Stop dreaming about life-changing trades.
Make them on SWAPZ.

To put it simply, we currently have 2 major types of exchanges when trading Ethereum, BSC or various other DeFi assets

1 — Centralized exchanges

i.e. Binance, Bybit etc

Most of us are very familiar with this kind of exchange

In general they offer us a range of benefits: limit orders, deep liquidity, ease of use etc

They also bring us a range of drawbacks: counter party risk, KYC, regulatory risk etc

2- Decentralized exchanges

i.e. Uniswap, Pancakeswap etc

This brings us benefits such as: the ability to trade any compatible asset, decentralized nature allows us to keep control of our own funds, no KYC etc

The drawbacks however are many: often high slippage, front running, high gas fees, no limit orders etc

The SWAPZ solution

The platform will implement a P2P information exchange network to collect and distribute information regarding orders in a mesh network — point to multipoint

This may sound complex (the theory is!) but it is the same principle used in P2P file sharing protocols like Bittorrent

Which, if you’ve ever used them (of course, none of us would ever use Torrents ;) but just in case you have!) you’ll know that in practice they’re very simple to use

The result of this is that the user can submit an order, it is broadcast to the network and once a match has been found, the transaction is processed on the corresponding blockchain

No KYC, no counter party risk, and importantly — no slippage

This is what the process will look like for the user:

For more information about the specifics of the project, check out this Medium article https://medium.com/swapz-app/swapz-the-blockchain-agnostic-zero-slippage-dex-fdc7a6a66b00

Tokenomics

BSCPad IDO — 3% (20% at TGE, then the rest vested over 4 months)

TronPad IDO — 3% (20% at TGE, then the rest vested over 4 months)

Private Sale — 10% (15% at TGE, then the rest vested over 5 months)

Liquidity — 10% (brought into circulation as needed for AMM Listing)

Team — 10% (3 month cliff, then 12 month vesting)

Advisors — 5% (3 month cliff, then 12 month vesting)

Reserve — 5% (3 month cliff, then 12 month vesting)

Ecosystem — 8% (1 month cliff, then 12 month vesting)

Staking/Rewards — 45%

Airdrop 1% — (further details TBA)

Swapz IDO

For those that have been following my previous articles, you’ll know that I’ve been interested in the TRONPad IDOs because they bring a new user base and narrative to the IDO market during a time when the market is in an uncertain phase

So far TRONPad has been doing pretty well with TRONPad itself peaking so far at 240x and CrossWallet at 80x from launch

The launch of Polker had some issues which can been seen here https://polker-pkr.medium.com/post-listing-u

It hit around 30x soon after launch before getting hit by arbitrage bots

This issue seems to have been by the management of the tokens by the Polker team rather than the TRONPad/BSCPad team

As Swapz appears to be under their control, it’s likely that this won’t be an issue for this launch and I would hope that important lessons have been learned

The launch market cap is another small one at $130k which, as long as issues at launch are mitigated, will hopefully give it a good chance to act more like the CrossWallet launch did

Market conditions yesterday and today are more positive than they’ve been for at least a couple of weeks, so timing is looking positive (although this can obviously change anytime)

I think, importantly, this launch will give a clearer idea of what upcoming launches will do