Crypto prices are moved significantly by large transactions conducted by whales. Whales in crypto are individuals or entities that purchase or sell large sums...

By EEA StaffOn November 15, 2022, EEA Board member representatives from ConsenSys, Ernst &Young, J.P. Morgan, and Microsoft were part of the Forbes panel...

BRISBANE, AUS, Mar 15, 2022 - (ACN Newswire) - The Decentralized Finance space has boomed from success stories like DOGECOIN, SAFEMOON, SHIBA INU, BABY DOGE, KISHU INU and more who are bringing users to Decentralized Exchanges like PANCAKSWAP, MDEX, UNISWAP, SPOOKYSWAP, QUICKSWAP, and more, to trade their tokens. In just 24 hours PANCAKESWAP receives an average of $828,389,383 USD in Trading Volume. Followed closely by SPOOKYSWAP receiving an average of $510,961,838 USD in Trading Volume in 24 hours.
While everyone is scrambling to find the next big thing in DeFi, BODA Token has been working hard to build a unique and first-of-its-kind product for the DeFi sector. Boda Token is proud to announce its successful launch of BodaSwap! The First Decentralized Exchange to eliminate Slippage requirements when trading Binance Chain tokens. Unlike other DEX platforms like Pancakeswap, MDEX, UniSwap, SpookySwap, Quickswap, and many more, which require a minimum slippage input to trade tokens, BodaSwap is free from slippage. Slippage is often used to create a buffer when swapping two tokens on a Decentralized Exchange, and while not always charged as a fee, sometimes the slippage can cost the user a small number of tokens in the trade. By eliminating the slippage requirement, tokens traded on the BodaSwap DEX give the user more value for their swap. A DeFi trader who utilized Pancakeswap and BodaSwap, where two identical trades were made, was able to demonstrate that the gas fee on Pancakeswap cost the user $2.28 and the gas fee on BodaSwap only cost $1.69. Saving the user 59 cents in gas fees by using BodaSwap.

BodaSwap is a utility product that will provide added value to the native BODAV2 token, which is part of the Boda Company. Revenue generated from trades on BodaSwap will be utilized for buyback and burns of BODAV2 tokens. This process will help to increase the value of BODAV2 tokens and provide more BUSD Rewards to existing holders of BODAV2 Tokens.

Based on the average daily volume received on Pancakeswap at over $800 Million USD, the 0.2% fee per trade on BodaSwap could potentially generate $1.6 Million USD per day for BODAV2 Tokens. With 6% of that $1.6 Million USD, $96,000 USD, converted to BUSD rewards for token holders.

BODAV2 Token is the highest paying reward token on Binance Smart Chain, automatically rewarding its holders in the form of Binance Pegged BUSD. Since BUSD is a stablecoin pegged to the US Dollar it will never shift in price, making it a great choice for passive income. As a DeFi token that automatically rewards investors with a stable passive income for holding, BODAV2 helps to reduce the risks involved with cryptocurrency market volatility. Holders can keep earning during a crypto bear market as token price does not affect the BUSD rewards. Over time, holders can earn enough BUSD rewards to cover their initial investment, turning their investment into a cost-free asset.

No other smart contract is like BODAV2 as it has been built from scratch. An anti-whale and anti-dumping mechanism help to protect investors from heavy losses. BODAV2 has been audited by Certik, the leading Smart Contract Auditing Company in the world, which provides much greater security and peace of mind for BODAV2 holders.

BodaSwap is a real contender in the Decentralized Exchange sector as the first DEX to facilitate trades without slippage and with lower gas fees. Many users will find themselves turning to BodaSwap over other DEXs like Pancakeswap with the ease of trading tokens and paying less in fees.

In addition, BodaSwap is providing a Fiat On-ramp for customers to purchase cryptocurrency with Visa or Mastercard. This Fiat-to-Crypto feature is ideal for customers in locations such as America where purchasing crypto tokens such as BNB can be difficult.

With companies like Binance pushing crypto further into the mainstream audience, people finally realize the true potential of Crypto Currencies. It is this sentiment that will continue to bring BodaSwap & BODAV2 and its community to new and even greater heights.

Media Contact:
Company: BODA Token
Website: https://bodatoken.app/
Discord: https://discord.gg/XMF4UctSnv
Twitter: https://twitter.com/BodaToken
Email: billy@bodatoken.org

SOURCE: BODA Token

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comBoda Token is proud to announce its successful launch of BodaSwap! The First Decentralized Exchange to eliminate Slippage requirements when trading Binance Chain tokens.

Story One

Biden signs executive order on crypto

Joe Biden has just signed a long-awaited executive order on cryptocurrency. A wide-ranging document, the order discusses the creation of a digital dollar, regulation of crypto exchanges and the role of crypto in money laundering, ransomware and, yes, evading sanctions.

However, Treasury

BNB Train is a BSC decentralized app (dApp) that generates profits through owner-renounced smart contracts leveraging flash loan arbitrage opportunities ...

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Handewitt, Germany, 3rd March, 2022, Chainwire Solidproof is proud to announce that they have secured licenses for their auto tool, which has the potential to take DeFi auditing to the next level. The tool’s beta version is available to dedicated parties who will help with testing and final development. Dubbed the Solidproof Automated Audit Tool […]

PwC Reports show crypto merger deals surged to 5000% this year and it shows how big the industry boom was in 2021 so let’s read further in today’s latest cryptocurrency news. Crypto mergers and acquisitions soared from $1.1 billion in 2020 to $55 billion which represents a huge surge of 4,846% as per the PWC […]

Thousands from all corners of the world flock into the crypto space everyday in the hopes of getting their first taste of decentralized finance and all the perks that come with it. There’s no doubt that the blockchain and the DeFi domains have a lot of potential, but amid all the glory lurks an ominous […]

The NFT economy has been spreading wings at a pace no one had imagined. This, however, has multiplied the threats NFT buyers and projects have been facing, making them utterly apprehensive of all their investments getting washed out. An emerging menace they have been encountering is hacking Discord accounts. Traction that NFT projects have garnered […]

The post Discord Hack – Emerging Threat to NFT Transactions appeared first on Quillhash Blog.

Welcome to the Beginners guide to smart contract auditing! One of the best ways to get started with smart contract auditing is to jump in and look at a few common types of vulnerabilities in smart contracts. It would be helpful if you already have a basic understanding of Ethereum’s Solidity programming language. As we […]

The post Beginners Guide to Smart Contract Auditing: Part 1 appeared first on Quillhash Blog.

FlokiCoke, one of the first Floki meme token projects to work collaboratively with a manufacturer to produce Coke, today announced that its presale will begin on December 18, 2021.

FlokiCoke is different from regular meme tokens because this business will have tangible assets and generate real profits for investors. Profits from beer and NFT sales will be used to buy back $FlokiCoke tokens, further boosting the token price. The overarching goal of FlokiCoke is to assist with the adoption of cryptocurrency by increasing its appearance in mainstream media. FlokiCoke aims to be the most-known and most-used cryptocurrency in the soft drink industry.
FlokiCoke to Launch Presale for First   Reflection Floki Token and Coke DrinkFlokiCoke was built on the Binance Smart Chain. Twenty-six percent of the overall tokens have been set aside for presale. The total supply is 1,000,000,000,000,000 and the presale rate is 1 BNB = 430,000,000,000. A soft cap has been set at 300BNB with a hard cap at 600BNB. The initial market cap is estimated at $630,806. FlokiCoke will be listed on PancakeSwap. 

FlokiCoke is also hosting a presale whitelist competition. There will only be 200 whitelist spots available, and there are eight different ways to enter. Visit gleam.io/JuS0g/flokicoke-presale-whitelist-contest for more details about the content and information on how to enter.

Why choose $FlokiCoke?

• Contract audited
• KYC verified
• Doxxed team
• Initial burn 50% token
• Liquidity will be locked for two years
• Auto-buyback built-in
• Anti-whale contract design
• Tangible asset

Before the presale, the FlokiCoke token was audited by InterFi, an independent, smart contract auditing firm. The token is KYC-certified by an independent auditing firm and has a KYC badge from the PinkSale. All team members are doxed to increase investor confidence, and the development team does not hold any $FlokiCoke. The team has committed to never hosting private sales.

Auto-buyback has been built into the smart contract function to automatically buy back and burn various amounts of $FlokiCoke upon the sale of any FlokiCoke tokens. Auto-buyback helps stabilize the token price, benefiting investors more than manual buybacks.

To assist with marketing, 5 percent of $FlokiCoke tokens have been reserved for airdrops, CEX and digital marketing. Additionally, 4 percent of every $FlokiCoke transaction is reinvested for marketing activities, allowing for a continual increase in the marketing budget. A consistently funded marketing strategy will boost brand awareness and attract new investors.

“FlokiCoke's meme culture is strong,” said FlokiCoke Founder and CEO Cody Lai. “Our community loves and lives for the memes, and we strongly believe that the only way to truly take cryptocurrency mainstream and ensure mainstream adoption is by leveraging the power of memes.”

For more information, visit flokicoke.com and follow FlokiCoke on Telegram, Twitter, Instagram and Github. Find out more about the presale at gleam.io/JuS0g/flokicoke-presale-whitelist-contest.

Solidproof is a Defi and smart contract auditing network introduced in mid-2021. This german-based platform aims to provide smart auditing services and bolster trust in the Defi space. 

When Solidproof launched, several other platforms were providing similar auditing services. Some of them have been in the industry longer and have done much more audits. So, what should make developers choose Solidproof over the other competitors?  Here are a few reasons. 

The Solidproof AutoTool Bolsters Efficiency

One of the significant reasons why Defi projects should use Solidproof is the auto tool. Yet to launch in full, this tool will help in streamlining the auditing activities. Standard auditing platforms use manual systems to scan for bugs and vulnerabilities.

Manual audits can help protect the security of the Defi contract and investors. But, they face one problem, lack of accuracy due to human errors.  Solidproof aims to change the course of Defi auditing completely. How? By using the auto tool.

The auto audit tool helps to automate the entire process of smart auditing contracts. It has pre-installed parameters that look into any errors connected to smart contracts. The idea is to enhance the speed of the audit process. More so, the auto tool will help provide more accurate audits. Every Defi project using Solidproof will enjoy fast, accurate, and efficient audits.

Accordingly, the auto tool will provide convenience for developers. Standard Defi auditing often involves very long processes. By using the auto tool, everything is easy for the average developer. The developer can send their smart contract files directly to the auto tool. After sending, the auto tool works on the rest and releases the report.

The Auditors Provides Fixes

A good auditor does not only identify bugs and errors; they give recommendations. That is one of the main tasks of Solidpoof auditors. In their auditing process, the network conducts two rounds of audits. The first round involves checking for flaws and bugs.

The auditor releases a PDF list of all the bugs identified in the project. This list shows the extent of damage the bug or vulnerability can cause.  It goes to the developers of the smart contract to give them a chance to make changes.

The auditor gives the developing team possible ways to fix the problems. These recommendations ensure that the developer can make all the changes before the final report. By using the fixes given, developers will secure the contract entirely.

Solidproof Has Gained User Trust

Solidproof as a Defi auditor gained massive user trust. The most primary purpose of auditing projects is to improve confidence in projects. Today, due to the many security issues, Defi has been losing investor trust.

But, auditing projects can return trust to Defi. First, Solidproof itself has user trust. They have over 60 thousand followers on Twitter and 39 thousand on telegram. These numbers increase every other day, increasing confidence.

Solidproof partners with several top launchpads like Unicrypt and Pathfund to increase the levels of trust. Solidproof's trust levels increase because of their openness with audit reports. They post each report on the medium page for easy access. So, how can trust in Solidproof impact Defi projects?

Once Defi projects accept Solidproof's auditing, they enjoy increased trust levels. The trust increases since investors realize that the project has no flaws. Since Solidproof is a trusted auditor, its report will increase trust in a project. Moreover, the partner launchpads can easily list any project audited by the Solidproof network. 

Good Customer Feedback

Of course, before engaging with any online service provided, it's vital to look at what the customers are saying. What do the customers say about this project?

On their home webpage, Solidproof shows some feedback from their already audited projects. The feedback praises the platform for providing quality and professional services. 

You can get other feedback and reviews from social networks like Twitter. Visit the audited projects and see what they say about the services. The positive customer feedback is good for Solidproof and its clients.

Data Security Regulations

Solidproof is a reliable auditing network owing to its adherence to regulations. Based in Germany, Solidproof is subject to regulatory requirements in Germany and Europe. Among the regulators include, DGSVO which is the agency for Data privacy. Developers and users do not fear exposure to their data. 

Final Word

Solidproof is proving to be a unique Defi contract auditor owing to the features and services it provides. The auto tool is, of course, the most crucial element of this network. It automates the entire audit process. Generally, based on the reasons provided above, Solidproof is a good choice for the Defi project. 

On top of auditing, Solidroof provides KYC scanning services. The idea of KYC scanning involves checking for any money laundering risk surrounding the project. Hence, any project that asks for a KYC scan will undergo thorough scrutiny of the team members. 

Solidproof's commitment to trust and security in Defi makes them the best Defi auditors today.