Betherance Swap

What is Betherance Swap?

Betherance Swap is the official way to get the Betherance Token (BETHER) before its launch at a fixed rate. This swapper will include new tokens of quality projects before they get launched, providing them in a secure way and with no fees.

How does it work?

New tokens

Tokens submissions are handled via our email ([email protected]) or via Telegram (@betheradmin) by sending the following information:

1. Project description

2. Project roadmap

3. People involved & Social Media

4. A call with one member of our Betherance Team to briefly explain the project (optional)

Once the project gets approved, we will get in touch with the project and ask for the following:

1. HQ project & token logo

2. Account name that will be granted to send the liquidity tokens

3. Token fixed price per token in USDC (it will be the listing price)

In the event of a swap, the tokens will get automatically sent to the designated account (the one provided in the steps before). Every swap in the platform is free for the users, but a small fee will be applied when resending the tokens to the project owner's account in order to keep platform maintenance and cover RAM fees.

Swap

Swap is powered by one Smart Contract which handles the swapping process. The process is simple:

1. The user chooses the token to swap

2. The user sends a transfer to the Smart Contract with the quantity to swap

3. The Smart Contract automatically sends the swapped tokens to the user's account

4. The Smart Contract automatically sends the tokens provided by the user to the project owner's account

Fees

Regular users

Betherance Swap is a free service for regular users. No fees are applied for any swap in the platform.

Project owners

Each time a regular user swaps your token, a maximum fee of 2% of the total amount of the transaction will get deducted. These fees will be applied for the following purposes:

1. Project maintenance

2. RAM fees

3. A random amount of tokens will be converted to the Betherance Token and sent automatically to the Betherance Token Burn address