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What Is Narwhalswap (NAR)?
Narwhalswap is a decentralized exchange and yield farming protocol created with the aim of making the decentralized finance (DeFi) ecosystem faster and cheaper. It was launched in September 2020 and is based on the Binance Smart Chain (BSC), a second-layer protocol with high performance and low transaction fees.
Who Are the Founders of Narwhalswap?
Narwhalswap is developed by an anonymous team of experts in finance and blockchain technology.
What Makes Narwhalswap (NAR) Unique?
Narwhalswap’s goal is to solve common problems associated with the DeFi market. It assists other projects in creating their own tokens and performing their own swaps on the Binance Smart Chain.
Narwhalswap protocol will allow staking tokens from other projects, providing the trader with NLP tokens in return. NLP, in turn, can be used to earn NAR tokens. Another token, rNLP, can be used to mine liquidity in other projects on the BSC network.
For stability, Narwhalswap has created an optimization protocol that enables liquidity mining that takes full advantage of other BSC projects, helping maintain high liquidity in the long run.
