Bootstrapping
PaySwap uses ramps called PaySwap Ramps to bootstrap the whole system. PaySwap Ramps don't need to have collaterals in place to mint tokens. This is only a risk if the PaySwap team is willing to put the whole project that it has been working on for years at risk just to still a few tokens which is obviously not the case.
The sole purpose of PaySwap Ramps is to enable users to use the ramps without there necessarily being enough ramps out there to enable them to mint as many tokens as they want.
PaySwap ramps will be paused as soon as there is enough offer to satisfy even half of the demand for ramps.
Ramp ID
PaySwap Ramp ?
1
Yes
Last updated