Byepix Applications(SWAP)

Firstly we would like to present you our Detailed Roadmap below;

Byepix Roadmap

2021 Q3:

· Pre-Creation of the project

· Whitepaper 1.0

2021 Q4:

· Epix Token ICO Staking Planning and Release

· Epix Token Stage Planning

and Release

· Development of Web3 Payment System

· Audit Reports

2022 Q1:

· Certik Report

· Legal Opinion

· Byepix Swap

· Launchpad

· 3D Creation App.

· Byepix Game Launch

2022 Q2:

· Byepix Earn Platform V1

· Byepix Staking

· NFT Marketplace

· NFT Search Integration

· NFT Staking

· Whitepaper Update (Technical)

2022 Q3:

· NFT Blockchain Testnet

· NFT Creation Page

2022 Q4:

· Creation Functions Update

· Metaverse Creation

2023 Q1:

· NFT Blockchain Mainnet

· NFT Blockchain Explorer Page

2023 Q2:

· Metaverse Testnet

· Metahuman Creation and Metaverse Integration

· 3d Creation App Integration in to the Metaverse

2023 Q3:

· Whitepaper Update

· Metaverse Mainnet

What is the Byepix swap?

The intelligent Swap Byepix cokes it possible to directly trade one cryptocurrency for another, avoiding the need for the use of centralized middlemen such as DeFi exchanges. Atomic swaps may be carried out across the blockchains of various distinct cryptocurrencies outside the primary blockchain. This handy feature initially came to public attention in September 2017, after completing an atomic exchange between Decred and Litecoin.

Since then, other companies and decentralized exchanges have enabled consumers to use the same feature. One such use is off-chain swaps, which have been carried out by Lightning Labs, a company that makes use of bitcoin’s lightning network for transaction processing.

This technology has also been integrated into cryptocurrencies and decentralized exchanges, such as 0x and Altcoin.io, among others. Byepix will contribute to the further development of this swap mechanism.

Byepix Swap is a crypto-to-crypto swap that takes place inside the wallet, enabling users to swap one cryptocurrency quickly and conveniently for another without leaving their Wallets.

With Byepix Swap, investors may swap cryptocurrency stored in their Private Wallet or Trading Account for other cryptocurrencies. Swapping from its Private Wallet allows investors to take advantage of the non-custodial, on-chain transaction settlement. Swapping from one’s own Trading Account results in quicker settlement and eliminates the need to pay network costs.

The DeFi industry is undergoing exponential growth in terms of the facilities it provides and its user base. The highly secure and inherently trustable architecture of blockchain technology has fueled the development of a wide range of financial instruments that are decentralized, highly accessible, and highly trusted. Its popularity is evident because the total value locked in DeFi as of February 18, 2021, has reached $42.18 billion, up from $1.077 billion a year before, massive growth in just one year period.

Technical Details of The Swap Mechanism

The Byepix Swap utilizes the Uniswap protocol of swapping cryptocurrencies. Uniswap is one of the most notable and widely used instruments for exchanging cryptocurrencies on the Ethereum blockchain. The protocol facilitates automated transactions between cryptocurrency tokens on the Ethereum blockchain through the use of smart contracts.

Mathematically,

If Rα and Rβ represents the number of tokens in reserve, and k is a constant, then,

RαRβ = k

If, during a transaction involving ∆β amount of β and ∆α amount of α currencies, with a percentage fee of (1 − γ), it must satisfy the following equation:

(Rα − ∆α ) (Rβ + γ∆β ) = k

So, the reserves would be updated as:

Rα = Rα − ∆α

Rβ = Rβ + ∆β, and

k = (Rα − ∆α) (Rβ + ∆β)

Thus, using the constant product invariant unlocks a gas-efficient way of automated exchange on Ethereum.

Introduction

Byepix is a user-friendly decentralized exchange running on Binance Smart Chain (BSC), with lots of other features that let you stake and earn tokens. It’s fast, cheap, and secure, hence anyone can use it without any prior knowledge The exchange engine of Byepix protocol, allows digital assets to be traded in a permission-less and automatic way by using liquidity pools rather than a traditional market of buyers and sellers.

Why Byepix Swap?

There are many similar platforms out there, but Byepix Swap comes with some uniqueness and interesting features that bring what users love to see from CEX to DEX. The advantage of using Byepix swap is far from just being built on Binance Smart Chain which allows fast transactions with the lowest minimum gas fee, the simple and user-friendly interphase with staking pools that let users earn while they trade and many more.

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The first #MetaFi project on the Metaverse. Byepix is an #NFT, #Blockchain, #Gamefi #PlaytoEarn #Web3 and #Metaverse platform. https://linktr.ee/byepixhttps://l

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Byepix

Byepix

The first #MetaFi project on the Metaverse. Byepix is an #NFT, #Blockchain, #Gamefi #PlaytoEarn #Web3 and #Metaverse platform. https://linktr.ee/byepixhttps://l

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