Initial Swap Offering (ISO)

The Initial Swap offering is SWAPPITY's token distribution event. The ISO is designed to bring as much liquidity as possible to the SwappitySwap platform while distributing SWAPPITY to holders who value it.

The ISO works by creating token swap agreements to swap SWAPPITY for other project tokens. The token swap is executed trustlessly in a smart contract in a single transaction. We then add both tokens into a liquidity pair on the Swappity Swap platform, as well as on the other swap protocol if applicable, boosting liquidity for everyone.

The ISO is divided into 3 phases

• Phase 1: Swapping SWAPPITY with other project tokens

• Phase 2: Swapping SWAPPITY with other token swap protocols

• Phase 3: Swapping SWAPPITY with tokens we want to add to our liquidity