AnimeSwap is quickly making waves in the world of decentralized finance (DeFi). This innovative exchange platform, powered by the Aptos blockchain, offers a peer-to-contracts system designed for seamless cryptocurrency trading. Unlike traditional exchanges, AnimeSwap is engineered to prioritize censorship resistance, security, and self-custody. With no trusted intermediaries to selectively restrict access, the protocol guarantees uninterrupted operation, provided the Aptos blockchain continues to exist.

Dive into the AnimeSwap universe, where fans of anime and manga can not only exchange cryptocurrencies but also engage in a community-focused ecosystem brimming with unique utilities.

What is AnimeSwap?

The AnimeSwap protocol is a peer-to-contracts system designed for exchanging cryptocurrencies on the Aptos blockchain. The protocol is implemented as a set of persistent smart contracts, designed to prioritize censorship resistance, security, self-custody, and to function without any trusted intermediaries who may selectively restrict access.

Once deployed, the AnimeSwap protocol will function in perpetuity, with 100% uptime, provided the continued existence of the Aptos blockchain.

Token Market Data

Coin Statistics:

• Current Price: $0.0021
• Market Cap: $0.00
• 24h Price Change: -4.53%
• 7d Price Change: -9.80%
• 30d Price Change: -2.02%
• 24h High: $0.0026
• 24h Low: $0.0021
• All-Time High: $0.0686 (2023-01-28T16:37:00.000Z)
• All-Time Low: $0.0004 (2023-10-15T09:49:00.000Z)
• Circulating Supply: 0.00
• Total Supply: 18,000,000.00

Purpose and Utility of the AnimeSwap Crypto Token

Solving Centralization Problems

The AnimeSwap crypto token (ANI) is a decentralized finance (DeFi) token built on the Aptos blockchain. The token's utility proposition is what sets it apart from its contemporaries, with extensive utilities that make it unique. AnimeSwap functions as a unique crypto exchange platform, offering a variety of listed pairs, real-time prices, and other exchange information.

The AnimeSwap protocol is a peer-to-contracts system designed for exchanging cryptocurrencies on the Aptos blockchain, prioritizing censorship resistance, security, self-custody, and decentralization. The token aims to solve the problem of centralized intermediaries in cryptocurrency exchanges, providing a trustless, self-custodial, and censorship-resistant platform for users.

Unique Selling Point

AnimeSwap's unique selling point is its focus on the anime and manga community, offering a specialized exchange platform for fans and enthusiasts of these media genres. By integrating the token into the AnimeSwap ecosystem, users can access various services, such as purchasing anime and manga merchandise, streaming content, and participating in community events, all while benefiting from the token's utility and potential value appreciation.

In summary, the AnimeSwap crypto token aims to provide a specialized, decentralized, and self-custodial platform for exchanging cryptocurrencies, with a particular focus on the anime and manga community. The token's extensive utilities and integration into the AnimeSwap ecosystem offer users a unique and engaging experience, addressing the need for a decentralized and community-focused exchange platform.

Token Functionality Within Its Ecosystem

Medium of Exchange

AnimeSwap (ANI) is a cryptocurrency token that operates on the Aptos blockchain. It is the native token of the AnimeSwap protocol, a peer-to-contracts system designed for exchanging cryptocurrencies on the Aptos blockchain. The AnimeSwap protocol is implemented as a set of persistent smart contracts, prioritizing censorship resistance, security, self-custody, and functioning without any trusted intermediaries who may selectively restrict access.

Core Functions

The AnimeSwap token serves as the primary medium of exchange within the AnimeSwap ecosystem. It is used for various purposes, including swapping coins, creating liquidity pools, and adding or removing liquidity. The Swap module is the core of the decentralized exchange (DEX) and automated market maker (AMM), enabling users to swap coins and create pools.

Value Proposition

The token's value is derived from its utility within the AnimeSwap ecosystem. As a decentralized platform, AnimeSwap provides users with control over their assets, eliminating the need for centralized intermediaries. This self-custody aspect contributes to the token's value, as users can maintain full control over their funds without relying on third-party services. Additionally, the AnimeSwap protocol is designed for perpetual operation, ensuring 100% uptime, provided the continued existence of the Aptos blockchain.

In summary, the AnimeSwap token (ANI) functions as the primary medium of exchange within the AnimeSwap ecosystem, enabling users to swap coins, create liquidity pools, and add or remove liquidity. Its value is derived from its utility in the decentralized platform, which prioritizes censorship resistance, security, self-custody, and decentralization.

Unique Features and Benefits

Swap, Earn, and Build

The AnimeSwap crypto token, also known as ANI, is a utility token used in the AnimeSwap protocol, a decentralized exchange (DEX) and automated market maker (AMM) running on the Aptos blockchain. The token has three primary usages: Swap, Earn, and Build.

1. Swap: ANI enables a completely free trading experience for everyone, allowing users to swap coins within the AnimeSwap protocol.
2. Earn: ANI allows users to earn through automated market making, providing a simple and profitable way to participate in the liquidity pool.
3. Build: ANI serves as a public protocol that any DApp, tool, or individual can connect to, improving on-chain liquidity.

AMM Model

AnimeSwap v1 uses the AMM model, which is widely used due to its simplicity and suitability for various scenarios. The protocol allows anyone to create a pool, contributing to its decentralization and permissionless nature.

Fee Structure

AnimeSwap v1 has a swap fee of 0.3%, with 0.25% distributed to liquidity providers as rewards and 0.05% distributed to the AnimeSwap DAO for locking into pairs as liquidity provider (LP) tokens. The swap fee may change in the future if it can improve the protocol, with all changes being voted on by the AnimeSwap DAO.

No IDO

AnimeSwap has no IDO, and all initial ANI token distribution is through airdrops. The AnimeSwap DAO is used to better build the AnimeSwap protocol via rewarding builders. If DAO fees accumulate and are not used, they will be kept locked as LP tokens to provide liquidity or buyback and burn ANI.

Tokenomics and Distribution Model

Total Supply

The AnimeSwap crypto token, denoted as ANI, is the native token of the AnimeSwap protocol, which operates on the Aptos blockchain. The token represents the owner's rights, interests, and benefits in the AnimeSwap protocol. The total supply of ANI is 18,000,000 tokens, with 10,000,000 ANI currently in circulation. There is no maximum supply cap, as the total supply