Jupiter Swap is a decentralized exchange (DEX) that allows users to trade tokens on the Cosmos blockchain. It is powered by the IBC (Inter Blockchain Communication) protocol and uses the JUP cryptocurrency to pay commissions and reward users.
Jupiter Swap was launched in May 2021 by a team of developers from South Korea. The main goal of the project is to create a convenient and secure platform for trading digital assets.
One of the features of Jupiter Swap is the ability to utilize staking, which allows users to earn passive income from storing JUP tokens. In addition, users can participate in a loyalty program and earn additional bonuses for completing various tasks.
In general, Jupiter Swap is a promising project that can become a competitor for other DEX on the market. However, like any other crypto project, it has its risks and requires careful research before investing.
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