BitSwapix, an emerging decentralized finance platform, has announced a series of significant developments that underscore its commitment to security, transparency, and long-term growth.
Strategic Investment from Abu Dhabi Partners
BitSwapix has secured a strategic investment from a consortium of institutional investors based in Abu Dhabi. This funding will be instrumental in advancing the platform’s development, including infrastructure enhancements, market expansion, and the introduction of innovative features aimed at enhancing user experience.
Successful Security Audit
In line with its dedication to maintaining high-security standards, BitSwapix has successfully completed a comprehensive security audit conducted by Coinsult. The audit thoroughly examined the platform’s smart contracts, system architecture, and operational protocols, confirming their robustness and reliability. The full audit report is available for public review, reflecting BitSwapix’s commitment to transparency.
Implementation of Long-Term Token Vesting
To align the interests of all stakeholders and demonstrate a commitment to the platform’s sustainable growth, BitSwapix has implemented a structured token vesting schedule: * Team & Advisors Vesting: 150 million BITS (15% of total supply), duration — 3 years. * Private Investors Vesting: 30 million BITS (3% of total supply), duration — 3 years. * Airdrop & Community Vesting: 10 million BITS (1% of total supply), duration — 1 year. This vesting structure ensures a responsible and gradual release of tokens, mitigating the risk of market volatility and aligning the incentives of the team, advisors, and investors with the long-term success of BitSwapix.
These strategic initiatives — securing investment, completing a thorough security audit, and implementing a transparent token vesting schedule — collectively reinforce BitSwapix’s dedication to building a secure, transparent, and sustainable DeFi platform.
