# Fastswap reviewed! What you need to know.

By [innocentChile5](https://paragraph.com/@innocentchile5) · 2022-05-12

---

FastSwap is a decentralized protocol for automated liquidity provision on Ethereum and BSC. It is a platform that offers multiple DeFi products such as swaps, yield farming, staking, Ido incubator, etc.

FastSwap is a DEX for erc20/ bep20 allowing users to swap ERC-20 and bep20 tokens.

Being a DEX, Fastswap tends to be a strong competitor with both pancakeswap and Uniswap.

And I think Fastswap has unique features that these two most popular DEXs don’t have. And one is that while Fastswap is powered by two blockchain, Binance smart chain and Ethereum, pancakeswap and Uniswap are powered by only one blockchain, Binance smart chain and Ethereum respectively.

Also, Fastswap has been registered as a company in Dubai.

What are the utilities of its tokens $FAST?

At Fastswap platform, you need to hold $FAST to be able to buy tickets and participate in lotteries.

And

Talking of the Tokenomics of Fast :

Initial liquidity: 10% — 50 millions

Swap: 10% — 50 millions

Liquidity Incentives: 40% — 200 millions

Development: 30% — 150 millions

Team: 10% — 50 millions

Total: 100% — 500 millions

As we can see, the total supply of $FAST is 500,000,000.

I love the total supply being hundreds of millions and not hundreds of trillions and I think you guys should too because a lot of us hate holding a billion tokens that are worth less than a dollar.

What has Fastswap achieved so far?

FastSwap developed DUKE INU, the First Meme Token with underlying Products and Utility.

Also, FastSwap is working without rest to build its own Metaverses with amazing building designs which they have been sharing with their community on both Telegram and Twitter one by one.

You can follow and join them on Twitter and Telegram for more updates on that.

In conclusion

FastSwap is a great project that have a Future. It’s really have a unique feature which will surely bring it closer or more to its competitor.

---

*Originally published on [innocentChile5](https://paragraph.com/@innocentchile5/fastswap-reviewed-what-you-need-to-know)*