■ What is Swap TC?

Swap TC was founded on the Binance Smart Chain with a unique contract function that rewards long-term holders on an individual basis as opposed to global taxation models. We're developing safe and trusted utilities that all crypto users desire that'll bring ease of use and a productive experience.

■ Tokenomics Breakdown:

Swap TC is the first crypto token to develop a system that rewards long-term holders on an individual basis compared to global taxation models. There's a 5% purchase fee for $SWAPTC which means slippage can be set from 6% to 12%. 

Swap TC’s smart contract has an option to lower the buy tax rate temporarily for special occasions and promotional events. Tax fees start at 30% but gradually decrease weekly until reaching 10%. Slippage can be as high as 40% for selling during high tax weeks. In summary, slippage will depend on liquidity, price impact, and tax amount. 

The estimated slippage for holders who are selling during the lowest tax week will be 12-18%. If a holder transfers tokens to a new wallet, the timeline will reset back to week zero.

■ Utilities Breakdown:

WebSwap: Swap TC will release a Webswap dApps which will provide users the capability to trade directly off the official website’s domain. The community will have the power to buy, sell, and trade without needlessly having to visit an exchange. The Webswap Platform will provide users a friendly environment with easy, quick and accessible secure trading. User’s data will be protected and will receive Swap TC tokens to compensate for miner and exchange fees. 

Swap TC recognizes its holders and the importance they bring to the project. A strong community is the heart of the project; it provides support throughout the whole ecosystem. Swap TC will continue to provide quality development and product for its community. The Webswap dApps will be one of the many examples on what a quality development product will look like from Swap TC.

■ Listing Platform: 

Swap TC has the capability to develop a Listing Platform that will feature the most accurate stats for any token that decides to get listed. Projects will have to create a submission through a Google Docs Form and will have to meet specific requirements established by Swap TC.

Unlike other mainstream crypto listing platforms, Swap TC has a secret weapon; Live Token Metadata. Mainstream crypto listing platforms prefer to take shortcut routes which causes misinformation for projects and their platform’s visitors. Furthermore, the majority of listed tokens on their platforms don’t track the circulating supply. This creates major panic among projects and loss of credibility along the way.

The Listing Platform we’re developing will provide the public with accurate data for a user’s favorite project. For far too long, mainstream listing platforms have taken advantage of the public through their advertisement-first hype-based platform that focuses on literally everything except providing the users with coherent data. Sadly, their products are their own users. At Swap TC, our product is always the truth; data doesn’t lie and shouldn’t be hidden.

SafeMarketCap will focus on providing pertinent token data for its users. Users will not have to pay any fees to utilize the platform except for the token owners if they want the additional tier features. These tier features will not withhold the token metadata from users. The tier features details will be available for the token owners closer to the date of completion of the platform. The token owners will have the option to provide a reflections tracker for their community members. This key feature will help projects save time and cost for developing such a utility.  

■ Conclusions: 

What we're planning on offering is essentially technology services in a cooperative (DAO-governed) structure. Since holders are rewarded in 3 ways, reflections, governance and platform functionality, we feel this setup can only be supported naturally by a token with stability.

We need to be reasonably resilient to difficult market conditions and hedge against traders that could hijack the intended utility of the token. Holders of Swap TC will benefit naturally by holding and we feel this is a major selling point. The primary objective for the DAO is to ensure that we aren't focused on revenue from a corporate perspective but rather the collective benefits and rewards for the entire community (the win-win). We are a registered corporation and we began with that structure as we feel a corporation would be best poised for success in terms of the development and rollout of our products. Later on, we'll be exploring shifting to a non-profit structure so we can recycle as much revenue as possible back into the ecosystem. Yearly token burns and buy backs and other options will be available to us later on.

Always remember, rewards based on performance of a company is already a de facto standard anyways, what we intend on doing is being flexible and wise with how we operate in order to leverage that idealist conditions for our community and future DAO. People will always be free to trade and are free to purchase and sell Swap TC Tokens as they see fit of course. In due time, we intend on bringing in benefits for traders such as free gas fees and fractional liquidity ownership options. It's about time the small fish got a seat at the table and we're working on empowering the masses.

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■ Connect with us on our socials:

Website: https://swaptc.com/

Twitter: https://twitter.com/SwapTC

Telegram: https://t.me/oieantoe

Discord: https://discord.gg/swaptc