Bashoswap Building a Cardano-Powered Decentralized Exchange


February 18, 2022 – Kaunas, Lithuania


Bashoswap – a decentralized exchange (DEX) on Cardano network that aims to facilitate swaps between ADA and other crypto assets built on Cardano.

It was founded in late 2021 by a group of blockchain experts with years of experience in the tradfi and stock exchange markets, with a mission to develop a fully-featured DeFi product that will be of huge benefit to the Cardano ecosystem – as it will take an entirely new approach to fund the project.

When launched, users could swap their Cardano tokens and add liquidity to earn LP fees – there is also a launchpad that will support Cardano startups.

Bashoswap is on a mission to develop disruptive DApps like permissionless on-chain staking lending and governance protocols tailored specifically for the Cardano ecosystem, which would in turn revolutionize the decentralized finance industry and cryptocurrency as a whole.

Cardano startup Bashoswap is utilizing the vast experience of its founding team and the power of blockchain technology to fund and develop a truly novel and disruptive product.

A blockchain-powered decentralized exchange

Bashoswap will join together elements already existing on other blockchains like Uniswap and Pancakeswap, readapting it for the Cardano blockchain to develop DeFi apps powered by the cryptocurrency BASH. BASH, Bashoswap’s utility token, will be utilized by the community in multiple ways as they can stake and farm their BASH tokens to earn more rewards – they can also be used for governance.

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Bashoswap team

Behind the Bashoswap project are a team of experienced developers and project managers. The core founding team comprises developers and crypto enthusiasts with a deep understanding of native assets, smart contracts on Cardano and the overall blockchain ecosystem. Visit the website here.

Contact

Beri Ardas, founder of Bashoswap

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