The BBG Foundation, composed of members from Microsoft, Google, Oracle, and the BCH Foundation, focuses on investments and incubation in the digital currency domain. Their primary ambition is to establish a genuinely fair, decentralized blockchain network. Collaborating with all advocates of the Web3 world, they aim to make blockchain applications accessible to the general public. BigBang Swap is a DeFi 4.0 platform incubated by the BBG Foundation. Through its innovative economic model, it achieves wealth consensus, offering significant ecosystem benefits to early BBG ecosystem participants. Moreover, BBG hopes to advance alongside those genuinely committed to ecosystem development.
BBG Swap operates on a fully decentralized mechanism, utilizing an innovative economic model algorithm with self-regulation features, epitomizing the true essence of DeFi 4.0 projects. Through computational power compensation models and various reward systems, it ensures investment returns for users. The project's source code is open-source, with discarded permissions, and contract audits guarantee its safety, transparency, and openness. Additionally, BBG incorporates elements of RWA (Real World Assets), enhancing the project's engagement and sustainability.
Regarding Decentralized Mechanisms:
In response to mechanisms like innovation, environmental conservation, clean global energy, and carbon emissions, BBG has evolved from traditional POW physical mining tokens (such as BTC, LTC, BCH, DASH, etc.) to a computational power mechanism. In conventional POW tokens, users are required to spend significant capital on procuring a mining rig, subsequently consuming vast amounts of electricity for proof-of-work to mine tokens. However, with BBG, users are exempted from considering such hefty financial budgets. Instead, an investment of just 100 USDT can be converted into computational power for token mining. With a total of 100 million tokens produced entirely from computational power, no individual holds these tokens, ensuring fairness, equality for all, and, to a significant extent, substantial energy savings.
Adopting a Self-Regulating Innovative Economic Model Algorithm:
The innovative economic model algorithm with a self-regulation mechanism is based on the AMM theory's constant product formula x * y = k, optimized using the Uniswap4 protocol. This ensures a continual rise in token price during buying and selling transactions. Integrated with a token burn mechanism, the circulating supply adjusts according to trading volumes and token price variations. The algorithm modifies the burn quantity, ensuring the token's price consistently escalates based on market purchasing trends.
BBG Embodies the True Essence of DeFi 4.0 Projects
Utilizing blockchain technology and smart contracts, BBG has architected a financial system that offers users more open, transparent, equitable, and trustless financial services. BBG is committed to crafting a platform that epitomizes DeFi 4.0, aiming not only to provide an enhanced DeFi framework but also to establish a broader ecosystem. BBG concentrates on blending innovative technology with financial integration to achieve superior functionalities and extensive interoperability. Furthermore, BBG is dedicated to creating bridges to traditional finance (TradFi), allowing digital assets and conventional financial assets to integrate seamlessly (RWA). Through these initiatives, BBG propels decentralized finance into a novel developmental phase, offering users more open, transparent, and efficient decentralized financial services.
The DeFi 4.0 project, BigBangSwap, executed a substantial airdrop of 4.5 million U on August 20th at 9 a.m. Eastern Time, an initiative spearheaded by the BBG Foundation. The purpose of this airdrop was to engage users in the early stages of the project, allowing them to jointly develop BBG and reap the superlative ecosystem benefits it offers. To maintain fairness, each user was eligible to participate in the airdrop only once, continuing until the entirety of the 4.5 million U was claimed. (The U claimed from BBG's airdrop will be converted to equivalent computational power upon the launch of the mining pool.) BBG comprises a team fervently dedicated to the blockchain network, with members hailing from Microsoft, Google, Oracle, and the BCH Foundation, among others. At its core, BigBangSwap's mission is to establish a truly equitable blockchain network, inviting all advocates of the Web3 world to participate.