What Is Anyswap (ANY)?

Anyswap is a decentralized cross-chain swap protocol based on Fusion DCRM (Decentralized Control Rights Management) technology, with automated pricing and liquidity system. Liquidity is the easy conversion of an asset into traditional currency without impacting the market price. Anyswap aims to offer its users a decentralized cross-chain bridge. Users can put any token into the protocol and mint the wrapped tokens decentralized. Minting is a process of producing new tokens through the proof-of-stake protocol. Users can also seek to benefit from the low network fees and aim to leverage the DCRM technology as a cross-chain solution.

Cross-Chain Swaps is one of the primary features of Anyswap, which seeks to allow users to swap instantly from one coin to another. Another feature of Anyswap is programmed pricing and liquidity. The liquidity providers can seek to add and withdraw liquidity into swap pairs. The pricing system programmed in this protocol is based on the liquidity provided by the users. In addition, Anyswap is a DApp (decentralized application) running on the Ethereum, Fusion, Binance Smart Chain, and Fantom blockchains.

The ANY token is the native governance token of Anyswap on the Fusion blockchain. ANY coins originate as a token on the fusion blockchain; however, it is a smart contract on each supported blockchain. Smart contracts are just like regular contracts. However, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. The sole purpose of the ANY token is to allow the election of Anyswap Working Nodes (AWNs). A node is a part of the blockchain infrastructure that maintains the ledger of public transactions. Token holders can also vote on a new coin or token listings on the platform’s exchange. 

The Anyswap allows users to stake their ANY tokens on the Fusion platform. The Anyswap platform also seeks to offer ANY coins as rewards for using the Anyswap decentralized exchange (DEX) platform and other community rewards and incentives considering various platform aspects. Anyswap platform has a method of rewarding traders directly. On the Fusion blockchain version of Anyswap, the traders seek to receive rewards every 20 minutes. The platform also seeks to reward the liquidity providers every 24 hours, and the rewards depend upon their liquidity portion. 

History of Anyswap (ANY)

Zhaojun He is the CEO of Anyswap. The maximum total supply of ANY tokens is 100 million ANY.