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1Swap is a cryptocurrency optimised for automated market makers, which was launched in 2020. It is a deflationary and decentralised token based on the Binance Smart Chain, and is designed to provide users with a more efficient, cost-effective and secure trading experience. 1Swap is one of the first automated market makers to be built on the Binance Smart Chain, and is designed to be an open and permissionless liquidity protocol. It is also the first protocol to be built on the Binance Chain to offer a community governance system.
1Swap's main feature is its innovative liquidity mining program which rewards users for providing liquidity. This incentive system has enabled 1Swap to quickly become one of the leading liquidity providers on the Binance Smart Chain. Additionally, 1Swap has introduced an innovative DeFi protocol called 1SwapX, which is designed to make it easier for users to access the liquidity pool. Furthermore, 1Swap has also launched a number of other innovative products such as 1Swap Plus, which offers users a lower fee when trading on the platform, as well as a staking platform. 1Swap is quickly becoming one of the leading DeFi protocols on the Binance Smart Chain, and its innovative products are helping to drive the growth of the network.