Introducing the new Emiswap “Collect” buttons!

EmiSwap
2 min readDec 29, 2021

Dear community,

Emiswap underwent an audit to ensure maximum platform stability and security and along came a few technical changes. The changes include new smart contract functionality that adds a time limit and a request feature to the collect button.

Instead of collecting directly into your wallet, you make a collect request that will give you a period until your tokens are ready to be collected. Your collect button will unlock when the time ends, enabling you to collect ESW into your wallet. This process includes a smart contract mechanism to boost security and improve ESW protection.

How it works step by step:

  1. People stake their tokens on ethereum or polygon networks.
  2. The oracle determines and distributes the rewards and profits.
  3. Users who want to collect their rewards can click “request to collect.”
  4. The request triggers the system to make all the calculations.
  5. The smart contract freezes the tokens for ten days.
  6. Users can see how much ESW they requested to collect and available ESW to collect in the current epoch on the dashboard.
  7. Collect is paused when the epoch ends or hits the maximum ESW requests by day.
  8. Daily withdrawal amounts start at 50000 ESW. The amount is subject to change.

Thanks for your support! We hope you enjoy the new features. Join us on:

Website | Twitter | Medium | Telegram | Discord

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EmiSwap

The first decentralized AMM exchange with NFTs and ESW governance token that compensates 100% gas on Ethereum and distributes 100% of trading fees