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$2.00000%
$2฿0.00002920
Today
Low:$2.0000
High:$2.0000
Yesterday
Low:$2.0000
High:$2.0000

Market information

Market Cap $0
Global Volume(24H)$0
All-Time Low$0.08341300
All-Time High$34.3522
Initial Price$1.4396
ROI
38.9277%
Circulating Supply 0.00 ANY
Circulation Percentage --
Max Supply 99,723,973 ANY
Total Supply 99,723,973 ANY

Price history

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ANY

Project Introduction

The ANY coin, Anyswap, was issued on August 18, 2020, with an opening price of $1.4396 and a total supply of 100 million ANY, which is a fully diluted token supply. The ANY coin is a governance token on the Fusion blockchain, currently with the sole purpose of allowing the election of Anyswap working Nodes (AWN), which will be held in late 2020, to vote on a list of new coins or tokens on anyswap.Exchange. ANY was rewarded for using the Anyswap. exchange platform and other community rewards and incentives from various aspects of the platform. ANY originated as a token on the Fusion blockchain. This is the smart contract on each supported blockchain. Anyswap is a decentralized cross-chain switching protocol based on FusionDCRM technology. Anyswap enables the exchange between any token on any blockchain that uses ECDSA or EDDSA as the signature algorithm, including BTC, ETH, USDT, XRP, LTC, FSN, etc. The Anyswap protocol has some built-in features that make it stand out: an automatic pricing system and a liquidity system, both of which allow users to create fully functional DEX. (anyswap. Exchange). The Anyswap protocol has been in operation since July 2020 and its daily trading volume is currently around $10 million. However, with many liquidity providers (including Hotbit support), the protocol is highly liquid. The ANY token is the governance token of the protocol. So far, the token has a market cap of about $7 million, which makes it one of the lowest-priced DeFi agreements on the market. The total supply is capped at 100 million ANY tokens and the initial supply is 15 million tokens. Instead of pre-selling tokens, the team allocated 10 million ANY tokens to the community and 5 million tokens to the FSN/ANY liquidity pool. The remaining 85 million tokens will be allocated with blocks in the Fusion network over the next four years. The 50 million ANY tokens will be used as a reward for various activities, such as liquidity offering, token exchange, or Anyswap node operation. The 35 million tokens will be reserved for the development team and its shareholders.

Project Vision

ANY aims to change the existing data encryption and flow problems by using blockchain technology to solve the privacy and security of data transmission in digital asset transactions and achieve anonymous transmission of digital assets between different public chains.

Market Demand

Most of the other solutions in the current market can only cover erC-20 token solutions. Cross-chain has isomorphism and cannot meet the needs of heterogeneous cross-chain. Even if heterogeneous cross-chains are possible, fewer assets can be supported. For example, RenBridge can only realize the cross-chain of BTC, BCH, DOGE and ZEC assets to Ethereum and BSC. THORChain (RUNE) currently supports cross-chain transactions such as BTC and ETH, but does not support cross-chain convertibility between EVM chains, and has fewer tradable assets. The AnySwap team has been working on the underlying cryptography technology breakthrough and engineering implementation optimization for many years, and has made very effective progress. Currently AnySwap can implement fully decentralized cross-chain transactions between any digital asset that uses ECDSA, EDDSA (ED25519), and SM2 as the signature algorithm.

Solution

What AnySwap wants to achieve is not only the exchange of digital assets across different chains, but also the exchange of different kinds of digital assets between ecosystems built based on different chains. With this vision, AnySwap is committed to building a unified global digital asset market and bringing more abundant liquidity to the whole blockchain digital asset market by breaking down the barriers of asset exchange between different blockchains. Unlike other solutions on the market, AnySwap offers more advantages in terms of mobility, security, compatibility, user friendliness and future expansion prospects. But the biggest competitive advantage is that the AnySwap cross-chain solution can cover almost all types of digital assets today. AnySwap's cross-chain solution can open up different value circulation systems, bring higher asset liquidity, and have broader market development space. In the future, AnySwap will further extend its technological advantages to Polkadot, Cosmos and other public chain systems to build a more comprehensive and integrated unified value ecosystem.

Project Implementation Mechanism

Anyswap uses Decentralized Control Rights Management to build Fusion as the primary blockchain. The protocol can swap one token for another in seconds, with no risk to its user assets as Anyswap itself has no control over the user's assets. Users can deposit any type of currency, including mint-wrapped tokens, into Anyswap. In addition, ANY user can create a new currency pair, but the list of currency pairs available to all other users must be approved by the holder of the ANY native governance token. If the holder votes yes, the new pair becomes presentable. As a decentralized exchange, Anyswap does not have any order book, although it uses pools of liquidity to exchange tokens at current global prices. The liquidity provider may increase or decrease the liquidity of any currency pair at any time specified. The stability and decentralization of the Anyswap platform is supported by Anyswap Working Nodes elected by the holders of ANY tokens.

Token Usage Scenarios

1. Vote to add Anyswap supported chains 2. Vote for Anyswap working nodes (AWN) 3. Vote on changes to Anyswap's management Agreement

Algorithm

Anyswap cross-chain Bridge protocol is based on secure Multi-Party Computing Network (SMPC Network), and its implementation of distributed key generation and threshold signature technology for ECDSA, EDDSA and SM2, the most widely used cryptographic algorithms in blockchain systems. It facilitates the free and secure decentralized exchange of assets among multiple blockchain ecosystems. AnySwap's cross-chain bridge can cover almost all types of digital assets today.

Characteristic

Switching protocols: Users can switch from one token to another by pressing a button on Anyswap. Anyswap doesn't have an order book, so users can get tokens at instantly exchanged prices without having to go through the hassle of creating and waiting for orders. Decentralization: Anyswap uses Anyswap Work Nodes (AWN) to ensure decentralization. These nodes will be elected by the holders of ANY tokens and will take care of the funds. As a result, Anyswap will have no control over user funds. Cross-chain Bridge: Anyswap uses Fusion's DCRM technology as a cross-chain solution. Anyswap users can deposit any token into it and exchange assets from different blocks. Automated pricing and liquidity: Liquidity providers can add or withdraw liquidity from exchange pairs, and prices will be executed automatically based on the liquidity provided. In addition to FSN and ANY (Anyswap tokens), Anyswap also lists USDT and ETH, becoming the first ever cross-chain exchange protocol. Other tokens will be added soon, which will bring more liquidity and adoption to Anyswap. Anyswap connects the wallet. Currently, Anyswap supports Metamask and Ledger wallets, and since Anyswap can be integrated into any wallet, more wallets will be integrated in the future. Liquidity providers are rewarded by a 0.3 per cent transaction fee paid by dealers.

Technical Characteristics

Anyswap uses Decentralized Control Rights Management to build Fusion as the primary blockchain. The protocol can swap one token for another in seconds, with no risk to its user assets as Anyswap itself has no control over the user's assets.

Release Mechanism

Anyswap's governance token, ANY, was issued on the Fusion blockchain without ANY pre-sale or fundraising. The total supply of ANY is 100 million. No presale or fundraising. 1. Initial supply is 15 million ANY, of which: (1). 10 million ANY: allocated to "Communities and Ecosystems" for the development of Anyswap communities, managed by the Anyswap team. (2). 5 million ANY: allocated to the "Team's Initial working Capital" and a certain amount of FSN to be added to Anyswap's initial working capital. 2. The remaining $85 million ANY is allocated to block rewards, which are allocated together with Fusion network blocks. (1). 10 million ANY: for "cross-chain DCRM Node Award", which will be used to motivate Anyswap Work Nodes (AWN) to provide stable and secure cross-chain services. (2). 15 million ANY: used for "working capital incentive", which will be used to motivate liquidity providers to provide strong liquidity of BTC, ETH, USDT, XRP, LTC, FSN and other trading pairs on Anyswap. (3). 15 million ANY: for "Team Reward", which will be used to motivate Anyswap team and future team members. (4). 20 million ANY: to be distributed to the shareholders of Anyswap Company. (5). 25 million ANY: for "exchange and trade", will be used to motivate traders.

Project Highlights

Cross-chain: With the help of Fusion's DCRM technology, the cross-chain capability of Anyswap is undoubtedly the main feature of the protocol. Anyswap uses DCRM to exchange between different blockchains. Network fees: Another important aspect that sets Anyswap apart from its competitors is network fees. In the current DeFi boom, we see congestion on the Ethereum network like high Gas bills. The Fusion network costs 100,000 yuan less than Ethereum, which is obviously more convenient for users. Security and decentralization: Anyswap uses DCRM technology to ensure secure management of user funds. For added security, the ANY holder decides which tokens to add to the platform. This avoids listing fake and fraudulent tokens like Uniswap does. More rewards: Anyswap is the only exchange protocol where all users receive passive income, including rewards for exchange traders. The Anyswap work node gets substantial rewards for using ANY, while the liquidity provider gets double rewards from swap fees and ANY liquidity rewards.

Incentive Mechanism

Anyswap stands out from other DEX's through direct reward trading. In Anyswap's version of the Fusion blockchain, ANY is awarded to traders for every 100 blocks (about 20 minutes) and distributed proportioned to their trading volume during that time. If the user is the only user trading within the 100 blocks, they will receive all ANY. If there is no swap transaction between these 100 blocks (highly unlikely), the reward will be split between the liquidity provider and the Anyswap Work Node (AWN) runner.

Competitors

DeFi (Decentralized finance) is the hottest topic in cryptography right now. It's no surprise, however, that DeFi was the original target for creating blockchain technology, which aims to represent the future backbone of the financial world. Decentralized exchanges and liquidity pools are one of the tools leading the DeFi revolution. Users who want to trade in a fully decentralized manner have many options to choose from, and we will examine three of the most popular and promising exchange and liquidity offering protocols in the market today: Uniswap is a popular choice, and Anyswap and Trustwap are new and promising alternatives. Anyswap exchange is a new open source cross-chain exchange protocol that provides automated pricing and liquidity systems. Anyswap is built on Fusion Chain and powered by Fusion's DCRM technology (Distributed Control Rights Management), which allows the exchange of any coin or token in any blockchain using ECDSA or EdDSA signature algorithms. Simply put, users will be able to exchange BTC, ETH, XRP, USDT, LTC, FSN, ERC20 tokens and other coins in a fully decentralized and secure manner. Anyswap introduced ANY, a token issued on the Fusion blockchain. There is no presale or fundraising before the token is issued. ANY is an administrative token that allows its holder to make decisions, such as voting for a list of new coins or tokens, and selecting Anyswap work nodes (AWN). Any tokens will also be used to reward users for different functions provided by Anyswap, such as swapping coins and tokens, adding liquidity to the pool, or running Anyswap nodes. Uniswap is an open source exchange protocol that facilitates on-chain exchanges within the Ethereum blockchain. In addition to Ether (ETH), Uniswap allows users to exchange between different ERC20 tokens through an automated liquidity system. Uniswap is decentralized and, unlike Anyswap, does not have any utilities or governance tokens. It is one of the most used and popular DeFi tools, with a lock value of over $96 million, according to DeFiPulse. Earlier in 2020, The DeFi Ecosystem, Uniswap in particular, suffered a lightning loan attack that allowed hackers to get away with hundreds of thousands of dollars. To correct this situation, a new version of Uniswap was released. Uniswap 2.0 is more resistant to such attacks and provides DeFi Space with more advanced and appropriate capabilities. Trustswap is a new ecosystem whose primary goal is to facilitate financial transactions and provide businesses with lower fees. Trustswap specializes in financial services that can be done with smart contracts, such as time-release payments, token locks, event releases, cross-chain swaps, and other DEX solutions. Like Anyswap, Trustswap will use the governance and utility token: "SWAP". It is an ERC20 token that gives the holder voting rights to manage platform decisions. In addition, the platform will charge lower fees when using exchange tokens to pay for services. Initially, Trustswap will offer these services in the Ethereum blockchain and then expand to other blockchains by packaging coins as ERC20 tokens. The white paper, which was recently released, focuses more on explaining the services the platform will provide and less on the technical aspects that enable the ecosystem to provide complex services such as cross-chain encapsulation and time-limited payments.

Points

Uniswap and Trustswap users paid high transaction fees, while Anyswap users paid 100,000 times less. Anyswap is the only exchange protocol that supports ERC-20 tokens and is not built on Ethereum. Users can access Ethereum tokens through its cross-chain technology at a much lower cost than exchanges on Ethereum.

Market Commentary

On Anyswap, users can safely trade coins and tokens without worrying about buying fraudulent tokens. In addition, Anyswap uses established cross-chain technology and is the only exchange that rewards all users, including swap traders, for using the platform. Anyswap seems to be the best exchange in terms of liquidity and security, and the most appropriate choice in terms of cross-chain definition.

KOL

Wu says the Real: "According to DeFi Llama, Fantom's online lockers hit an all-time high of $7.8billion, up 140% in the last 1 day, outpacing Avalanche and Polygon. AnySwap and Geist Finance contributed the most in terms of lock-in volume in Fantom network, with a combined share of about 77.8%, up 114% and 362% respectively in the past 1d. It is also worth noting that AnySwap has performed very well as a cross-chain protocol with more than $2 billion in transactions in the last 24 hours, as demand for cross-chain Bridges grows."

Project Risk

Anyswap, a decentralized cross-chain exchange protocol, announced on Its official Twitter account that its official ANY token has been faked. The fake ANY token has been added to Uniswap, a decentralized exchange platform. The real official ANY token address will be published on FusionNetwork. Website access to open time for July 20 at 4 am, investors can log on the official website for inquiries. A developer can make any token they support Uniswap by submitting a request on GitHub. Fraudulent tokens in decentralized trading platforms and liquidity pools are a growing problem due to this open coin listing policy. A number of recent popular Defi tokens, including Tornado.Cash and BalancerLabs, have been counterfeits, and Uniswap's solution to the problem is urgent.

Values

Nft cross-chain pioneered the cross-chain leader, the cross-chain king, as the ANY is commonly called. Daily cooperation with multiple project parties, has become a flow entry level products. ANY can also promote the product. ANY was burgled once in mid-to-late July. It's because of cryptography, it's not because of the underlying code that broke ANY's private key. $8 million was stolen, and the project will pay the entire amount to the user. Some say it's a blessing in disguise. Theft is bad, full payment is good for all the holders. The pattern, initial intention and attitude of the project party are tested. Nothing is plain sailing, and when it happens, positive coping is the test. Binance invested in ANYSWAP in October last year. During the same period, all of them were BAKE and CAKE coins. Gold will eventually shine and I feel that the explosion will break when touched.

Investment Opportunity

Anyswap is a great investment opportunity for early adopters to earn large profits and passive income by holding ANY; More importantly, different blockchains can be accessed in a completely decentralized and secure way.

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