The Cardano ecosystem is now almost ready for DeFi applications. It's a fact that Cardano is by far the best candidate to facilitate global DeFi adoption. The highly-secure Cardano network with its much more affordable transaction fees and eUTXO model that ensures there are no transaction costs on failed transactions — is the DeFi catalyst we have all been waiting for. The whole market in general is waiting for Cardano to join the DeFi space but due to technical limitations it is still not completely possible. The ecosystem is ready to explode onto the wider blockchain scene and the MeowSwap team wants to speed up the adoption of Cardano by providing a fast and efficient DeFi suite, with MeowSwap DEX being the crucial product.

The majority of MeowSwap’s team are MetaHash creators that realized the potential behind Cardano, its community and its eUTXO model. The leader & founder of the MeowSwap team is Gleb Nikitin who has over 20 years of experience in building software, as well as more than 5 years of experience in leading the development of cutting edge crypto technologies. Gleb’s inspiration for MeowSwap’s high-throughput engine comes from his experience in building Real Time Bidding (RTB) systems as well as from building MetaHash that has over 50 000 tps throughput and 3 seconds finality. MeowSwap team consists of 9 team members and 3 advisors, whilst all of them are crypto veterans. Some of the team members’ names that might be familiar to crypto aficionados are the MeowSwap team’s Lead Developer Kirill Zatsepin, Issam Samara, and Eduard Gurinovich as the team’s advisor.

MeowSwap is a part of Occam’s Occelerator program which is a kind of accelerator incubator for Cardano-related projects. MeowSwap also had a successful IDO on OccamRazer platform where over 1300 Cardano enthusiasts were interested in contributing as early adopters.

We solved the concurrency issue with our proprietary L2 scaling technology, which in conjunction with our DEX — finally offers a solution that not only achieves large numbers of transactions per block but is also fully scalable. Our scaling technology allows for significant reduction in data necessary to be validated on Cardano’s main chain, thereby increasing transaction throughput and freeing us from the constraints of Cardano's main chain whilst maintaining the security inherent to it.

You can get in touch with the team members on Telegram, leave a message on Twitter or send an e-mail to info@meowswap.fi . Remember, admins will never PM you first!

Decentralized exchange (DEX) is a digital asset exchange platform that operates on the principle of decentralization, i.e. without the participation of a central authority. A decentralized exchange allows you to trade tokens in a peer-to-peer mode, i.e. directly between investors. For this reason, users do not have to transfer their assets to the exchange, keeping them on their own wallets all the time. This reduces the risk of possible theft or hacking of the exchange servers. Trading decentralization also prevents potential price manipulations or fraudulent trade volumes. DEX is usually governed by its users who can make use of specific exchange tokens (MEOW in our case), awarded to stakers, liquidity providers or bought on the open market.

MeowSwap is a decentralized exchange (DEX) that will provide Cardano users with the ability to liquidity mine pools, as well as trade tokens directly on the Cardano blockchain and more. It is a Layer 2 (L2) decentralized exchange live on Cardano network that uses Layer 1 (L1) for secure storage of assets whilst taking away the computational load from the L1 network. It’s the best of two worlds offering users the security of L1 based DEX’s, and the speed that nearly matches centralized systems. All the deposits and withdrawal requests are handled by Cardano main chain and the computation and exchange data-storage in L2. By utilizing the L2 solution it allows almost real time trading and later a vast array of instruments like perpetual contracts, programmable trading scripts, postponed execution, copy-trading scenarios and much more.

We solved the concurrency issue with our proprietary L2 scaling technology, which in conjunction with our DEX — finally offers the ultimate DEX solution fully running on Cardano. Our scaling technology allows for significant reduction in data necessary to be validated on Cardano’s main chain, thereby increasing transaction throughput and freeing us from constraints. MeowSwap team consists of seasoned developers experienced in working with high-throughput systems like MetaHash. All this in addition to user-friendly UI equals to a top-notch solution which you can experience on https://app.meowswap.fi

Layer 2 (L2) is an additional protocol that is built on top of blockchains, in our case Cardano. Layer 2 scaling solution increases throughput without tampering with the original decentralization or security characteristics that are integral to the blockchain's main network.

You can use any Cardano wallet to trade on MeowSwap. At the moment Nami and GeroWallet are supported natively, which means that thanks to their dapp-connector you can swap as easily as you do it with your MetaMask on BSC or ETH networks. However, any Cardano wallet capable of holding Cardano Native Tokens can be used. Just pick the desired pair (i.e. MEOW and ADA), enter the amount you want to exchange and hit “Swap”. You will see a pop-up with detailed information on where to send your funds to complete swap. This way you don’t have to transfer your assets between different apps - Yoroi, Daedalus, CardWallet or ccvault are all fine!

You can find MeowSwap One Pager and Yellow Paper (technical paper) on https://meowswap.fi

What does cliff/vesting mean? Cliff is the period of time that must pass before the release of the tokens starts. For example, the cliff for tokens allocated to MeowSwap Team & Strategic Partnerships is 3 months.

Vesting is a process by which assets (MEOW tokens) are locked and released slowly over a certain period of time. Those assets cannot be sold or transferred until they are released. For example, the vesting for tokens allocated to MeowSwap Team & Strategic Partnerships is 24 months.

How can I buy MEOW tokens?

The best place to buy MEOW tokens is MeowSwap exchange: https://app.meowswap.fi. Nami wallet and GeroWallet are supported natively but you can use every Cardano wallet - just choose the desired pair, the amount you want to buy/sell and click "Swap" - a pop-up with detailed instructions will open.

You can also trade MEOW token on different exchanges - see https://coinmarketcap.com/currencies/meow-swap or https://www.coingecko.com/en/coins/meowswap-token for current options.

What was MeowSwap IDO price? $0.60 per 1 MEOW token.

What is MeowSwap token ticker? Why are there a few different MEOW tokens? MeowSwap token ticker is MEOW. Token tickers are not unique and multiple projects can claim the same ticker. There is no way to “register” the ticker. The most important thing to remember is that Cardano Native Tokens (CNTs) have a unique policy ID (just like ETH or BSC tokens have contract addresses). MeowSwap’s MEOW policy ID is 1dd1a7dde0e1e82761325ee5f4719d0d4b7c24dfba77d9bee01eed4b - see https://cardanoscan.io/tokenPolicy/1dd1a7dde0e1e82761325ee5f4719d0d4b7c24dfba77d9bee01eed4b for details. How can I stake MEOW? You will be able to stake MEOW via MeowSwap platform on https://meowswap.fi - stay tuned to our social media channels to know when our staking platform starts. What are the benefits for stakers? What is the utility of MEOW token? Staking MEOW earns you xMEOW tokens Part of exchange commission goes to Reward Pool, xMEOW tokens can be exchanged back for MEOW tokens which are found in the rewards pool Check staking details in our dedicated article: https://medium.com/meowswap-fi/meowswap-technical-series-staking-rewards-dec9aeff142d Governance of MeowSwap platform Running a custom L2 node

MeowSwap commission distribution Every trade on MeowSwap DEX is charged a 40 basis points fee (0.4%). From these accumulated fees 25% of tokens (10 basis points = 0.1% of every transaction) is used to periodically buy MEOW tokens off the Market and deposit them into the Rewards pool. Another 75% of trading fees stay in the pool thus increasing total pool liquidity in the long run and are credited to people running liquidity pools increasing the size of their pools proportionally. What is xMEOW token? xMEOW is a reward token awarded to MEOW stakers, MeowSwap Node operators and liquidity providers. xMEOW can be exchanged for MEOW tokens. Check out our dedicated article to know all the details: https://medium.com/meowswap-fi/meowswap-technical-series-staking-rewards-dec9aeff142d How can I earn xMEOWs? xMEOW tokens are earned by staking MEOW tokens, operating a MeowSwap Node and Liquidity providing. Is MEOW token listed on CoinGecko/CoinMarketCap? Yes! See https://coinmarketcap.com/currencies/meow-swap and https://www.coingecko.com/en/coins/meowswap-token