Development Phase Three Complete — Uniswap Gas Rebates! 🦄
SparkleswapRouterV2
We are thrilled to announce that SparkleSwap is partnering with Uniswap 🦄 to provide rebates on excessive gas fees. Until now, Uniswap has only provided trading fee incentives for liquidity providers. Moving forward, end-users can now receive rebates from our gas pool for transacting on our SparkleSwapRouterV2.
How It Works
A basic diagram of how Sparkleswap serves transactions on-chain.
Why?
Eth gas fees are insane….
With the recent populatity of DEFI and NFT’s, the Ethereum network has left ERC20 token holders paying expensive gas fees for each transaction. Currently, the majority of Uniswap traders suffer as they tend to pay some of the highest transaction fees on chain. — Sparkleswap❤️
How Do Recieve Gas Rebates?
When using SparkleSwap you must hold a minimum of 100 ✨ tokens in your wallet to receive all the advantages of both platforms.
- Hold a minimum of 100 ✨ tokens
- Make all your Uniswap transactions on SparkleSwap
- Earn gas rebates for every completed transaction!
How Much Am I Getting Back?
All gas rebates will be based on the current token price to encourage growth.
On the upside, as the community grows over time, so will the rebate amount received for each transaction completed. — In theory with enough price action rebates could be very lucrative!
On the downside, if the community shrinks over time, so will the rebate amount received for each transaction completed. — It only Seams fair to have the adverse effect for negative price action.
Transaction Example
With some simple calculations we can minus the current rebate value of $27.18 from the total transaction fee of $83.52 making the total transaction cost only $56.34!
Additional Incentives
While enforcing gas rebates is a mechanism to encourage the use of SparkleSwap, we have other plans that may also allow us to reward our community.
Summary
Sparkleswap is a new way to buy and sell currency on Uniswap! Fill up your gas tank by buying a 100 ✨ token and start receiving refunds for real-time transactions.
Additional Resources
Website: https://sparkleswap.finance/
Twitter: https://twitter.com/Sparklefinance
Telegram: https://t.me/Sparkleswapfinance
Github: https://github.com/Sparkleloyalty
UniswapRouterV2 Contract: UniswapRouterV2.sol
SparkleswapRouterV2 Contract: SparkleswapRouterV2.sol
Sparkleswap Token Contract: Sparkleswap.sol
