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ManoSwap

This article aims to provide users with a comprehensive understanding of ManoSwap and its range of services

Dario Cesaro avatar
Written by Dario Cesaro
Updated over a year ago

It is crucial to exercise caution when engaging with the services offered by this project. EOS Support does not assume responsibility for any potential problems, damages, or losses that may occur as a result of utilizing the services provided by this project.

ManoSwap emerges as a prominent DeFi platform, encompassing automated market making (AMM) and Non-fungible tokens (NFTs) farming within a robust multi-blockchain network. By integrating various services such as multichain swap with launchpad, lottery, NFT marketplace, and bridge P2E, ManoSwap delivers a comprehensive and efficient solution for the DeFi industry. Notably, users can engage in a wide array of activities on the platform, including purchasing and selling NFTs on the NFT marketplace, creating unique NFTs, participating in auctions, or utilizing NFTs as valuable assets in upcoming play-to-earn games.

Features of ManoSwap

Apart from providing a variety of decentralized financial services as mentioned earlier, the platform incorporates distinct features. For instance, with the inclusion of Mano, users have the opportunity to engage in activities such as staking, yield farming, liquidity pools, NFT exchange, and platform governance. Additionally, users can generate earnings through protocol fees.

Staking

ManoSwap assists you in the process of locking up cryptocurrency assets in order to participate in the validation of transactions and the creation of new blocks on a network by participating in the security of a blockchain network. Mano Space staking is a more energy-efficient and environmentally friendly alternative to proof-of-work (PoW) blockchains like Bitcoin etc.

Multichain Swap

ManoSwap allows users to transfer assets between different blockchains. It works with a smart contract to hold assets on each blockchain and then uses a variety of techniques like decentralized application (dApp) to ensure that the correct amount of assets is transferred to the correct blockchain.

Yield farming

ManoSwap will help you to earn rewards by providing liquidity to decentralized finance (DeFi) protocols. Through ManoSwap it can also be a profitable way to earn passive income from crypto holdings. ManoSwap introduced its Yield farming feature as it has become increasingly popular in recent years as the DeFi ecosystem has grown.

Liquidity pools

ManoSwap provides a way for users to swap tokens without the need for a centralized exchange or third party. It's important because it provides the necessary liquidity to make trading possible. Without liquidity pools, DEXs would be unable to match buyers and sellers, and trading would be impossible. ManoSwap ensures that it always has enough liquidity to meet the demands of traders. When a user wants to trade assets, they can do so directly with the liquidity pool without the need for a third party.

NFT exchange

ManoSwap presents its users with a digital marketplace enabling the buying, selling, and trading of non-fungible tokens (NFTs). This platform offers a range of convenient features facilitating NFT transactions, including a user-friendly interface, diverse payment options, and robust security measures. ManoSwap recognizes the significance of selecting an NFT exchange that aligns with individual preferences, emphasizing the availability of NFT types, accepted payment methods, and implemented security features as crucial considerations for users.


Author: Mudassar Ejaz

Editor: Markus Hinrichs

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