June 1, 2023

WispSwap - a few reasons to pay attention to this project

What is Wisp Swap?

Protocol, Interface, Labs

  • WispLabs: The company which developed the WispSwap protocol, along with the web interface.
  • WispSwap Protocol: A suite of persistent smart contracts that together create an automated market maker, a protocol that facilitates peer-to-contracts market making and swapping of coins on the Sui blockchain.
  • WispSwap Interface: A web interface that allows for easy interaction with the WispSwap protocol. The interface is only one of many ways can interact with the WispSwap protocol.

source: https://docs.wispswap.io/

My opinion of the project:

As an early user of the test network who interacts with it almost daily, I can say that it is the most promising project on the Sui blockchain. Why do I think so? Because the testnet is going great: from the operation of the DApp itself to the organization of the process.

Now let's move on to the objective points:

1. The team follows its roadmap. This always inspires trust and commitment. These people know what they're doing and where they're going.

source: https://docs.wispswap.io/references/roadmap

2. The platform provides a wide range of options for users. It gives an unforgettable user experience. I don't know about you, but I always feel more comfortable using one platform for my needs. So the more functionality is provided, the better.

Some of the features from the image below are still in development, you can see an approximate timeline for their implementation in the roadmap.

3. WispSwap smart contracts have been thoroughly audited by Movebit. This fact causes confidence in the project, as it confirms the safety of using the platform.

You can read it here.

4. The project is built on a high throughput Sui blockchain that uses the unique MOVE programming language. It is an object-oriented blockchain with enormous throughput capacity.

5. WispSwap uses a number of unique technologies that deserve a separate article. The team really works hard to create a unique and competitive product in the DeFi market. And I wish them a dizzying success and will try to help promote them.

Thank you for your attention!

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zealy (ex. Crew3)