A New DEX in the Making — Carbon Swap
Your low-cost, sustainable DeFi & NFT ecosystem native on the Energy Web Chain
What is Carbon Swap ?
CarbonSwap is a family of interconnected green, sustainability-focused DeFi & NFT products, including initially an automated market-making (AMM) decentralized exchange (DEX) and a bi-directional ERC-to-ERC bridge (Omnibridge) between the Ethereum Mainnet and Energy Web Chain.
CarbonSwap is meant to be a long-term creator vision- and community-driven effort with a weighted token-based governance model and a lot of fun.
What is EWT ?
The Energy Web Decentralized Operating System (EW-DOS) is an open-source stack of decentralized software and standards — including the Energy Web Chain, middleware services, and software development toolkits (SDKs). EW-DOS is the grid’s new digital DNA, a shared technology running on a decentralized network maintained by some of the world’s most-respected energy companies.
EW-DOS features a native utility token, the Energy Web Token (EWT). The token protects the network against misbehavior, compensates validators via transaction fees and block awards, and can be used to pay for services that streamline and enhance dApps.
What is Energy Web Chain ?
The Energy Web Chain is a public, enterprise-grade blockchain platform specifically designed for the energy sector’s regulatory, operational, and market needs. Launched in mid-2019, it has become the industry’s leading choice as the foundational digital infrastructure on which to build and run dApps.
Mission of Carbon Swap
It is one of the most promising sustainable energy crypto enterprises available, but it has a lot of untapped potential. It is a strong chain and the home of many fantastic projects that have a lot to offer the rest of the Ethereum ecosystem, particularly in terms of scalability and sustainability.
- Establishing a stronger link with the greater Ethereum- and, more broadly, crypto ecosystem
- Creating a new category of green DeFi and NFT products. Where else could you go?
- Functioning as a catch-all for a variety of interrelated green projects, services, and intriguing Layer 2 initiatives on top of the chain with community participation
- Making sustainability accessible for everyone
Road Map
What is Susu ?
SUSU (すす) means “soot” in Japanese. This naming was inspired by Susuwatari, the Soot Sprites of the Ghibli Universe. And soot is primarily composed of amorphous carbon, and you… collect carbon… you get the point yeah ?
It is a governance token, but SUSUs are meant to work in the ecosystem.
Why CarbonSwap ?
You’re swapping , farming, staking, and NFT-ing on a green, eco-friendly platform. By doing business here rather than elsewhere, you contribute to the energy transition and assist to make the environment a better place in general.
Because your efforts reduce carbon emissions, we can say you essentially trap carbon.
Instant swaps and virtually NO fees. ( like 10^-6 dollars)
Green and decentralized blockchain with validator nodes from Vodafaone, ENGIE (number 1 energy company in France… etc)
Accessing Carbon Swap
Access it by clicking here
Disadvantages / Drawbacks
Though carbon swap has very good institutional backing , there are very few coins which are on the network to be able to swap. This DEX should be considered as an experiment at this point in time also one should keep an eye on it as it has very good backing.
Conclusion
Carbon swap will help swaps with super minute fee , and the swaps can happen in few seconds. The team has long term vision and a tidy roadmap
Keep an eye on this Dex.
Author: Eth!c@l Aka Kumar
Medium : https://ifworldgonecrypto.medium.com/
ERC20 : 0x867cA4af0EB86d48014D8CE344d096c01348a163
Email : IfWorldGoneCrypto@gmail.com
Telegram : https://t.me/IfWorldGoneCrypto
Peer Reviewed : Stinky Linky
PS: This is neither a paid article nor a Financial Advice. What has been documented are the findings from my own research out of passion in this space which is Crypto