Spherium Finance team is excited to launch the Whitelist for their HyperSwap Testnet program. Participate to be one of the first to try the HyperSwap protocol and also get $SPHRI tokens as rewards.
Spherium Finance is thrilled to announce its HyperSwap testnet launch. Explorer 1.0 Mission will be our first incentivized testnet mission.
As they open the testnet whitelist, they look forward to bringing 1,000 Spheriumnauts on board to help test, tweak, report, suggest and update all features of HyperSwap Protocol to successfully get it to mainnet. This will also be an opportunity for you to earn $SPHRI rewards and pioneer benefits.
HyperSwap is a pioneer protocol for cross-chain token swaps that will allow users to swap tokens across Ethereum (ERC-20) and Binance Smart Chain (BEP-20) within seconds with a single click. What would have required accessing two different accounts and paying expensive bridge fees can now be cheaply accomplished in one transaction in the Spherium ecosystem.
HyperSwap also offers unique benefits for liquidity providers. It resolves front running by introducing the concept of virtual balances. During a high-slippage trade, HyperSwap prevents impermanent loss through gradual settlements, allowing the prices to adjust over a period of 5 minutes. Additionally, liquidity providers will have access to a larger user base with an intuitive UI liquidity provision format across both the Ethereum and Binance Smart Chain blockchains.
Participants with the most quality submitted reports will be eligible to receive rewards, such as HyperSwap native tokens, $SPHRI.
Telegram Announcements: https://t.me/SpheriumAnnouncements