# Welcome to PupSwap By [PupSwap](https://paragraph.com/@pupswap) · 2023-08-24 --- Welcome to our first Mirror Post for our upcoming project PupSwap. PupSwap is preparing to launch as the most advanced DeFi Ecosystem on Shibarium. While exploring the chain we spent a lot of time looking at the quality of other dApps and seeing how we can improve upon their efforts with our extensive DeFi experience. That’s how PupSwap was born, as an in-house DeFi project with custom in-depth farming strategies, NFT integrations, Launchpads, a custom DEX and a Codeless dApp Builder coming out at the end of the year. Our Technicals are ready to go, the only thing left is you! We are spending this #summerofshibarium period engaging with users, KOLs and other projects in order to launch with a bang and gather the trust of the Shibarium community. But for now, let’s dive into the world of PupSwap a bit. How is PupSwap different from other DEXs? ----------------------------------------- ![](https://storage.googleapis.com/papyrus_images/a471ecd41639b2bfdb856c3494f7374b455b53b45dad81aa6308aab2195a32c3.jpg) This will most likely be a question that we will receive very often, since there will most definitely be fierce competition on chain during the first days. Our reply would be that everything encompassing PupSwap will be different from other peers on chain. We are not just a DEX. Most of our features are crafted in order to decrease volatility of our main token PUP. For example we can cover our farming strategy quickly to showcase how it’s different from most other projects. ### Locked Farms Our farming strategy begins with locked farms, where users will be able to stake the PUP LP and PUP they purchased from the market in order to farm xPUP, our store of value token. Locked farms have various locking times for deposited assets and for reward harvests, based on how risky a certain farm is for the stability of the main token. ### Standard Farms Our standard farms will allow users to input xPUP LPs and xPUP in order to free farm xPUP without any locking periods. ### Partner Pools Partner pools will allow users to farm partner tokens or any other tokens requested by users, that will be funded by the PupSwap team. Partner pools are limited time pools, so they will be refreshed and updated on a weekly or bi-weekly basis. ### xBar (Dynamic Conversion Rate) Once you've withdrawn your xPUP you will have to navigate to our xBar page, where you can convert your xPUP to PUP. the xBar has a dynamic conversion rate, which will help us control the amount of PUP that goes into circulation, based on market conditions. As you can see all of our farming features are heavily focused on a long term methodology and avoiding massive price fluctuations that could harm our project. This is only the start of our project, and we have countless features that will deploy in the coming months, so we need the project to perform healthily in order to give us the time to take over Shibarium. Launch Details -------------- ### PupSwap DEX ![](https://storage.googleapis.com/papyrus_images/70d23299c64789f8575766bb8d83dc4868eb04e91fd6a5e2e6e5249f56fc03fd.png) The PupSwap DEX is already live and fully operational. If you are a project looking to launch your token we would love to host you on our DEX and add your token and token icon to our token list. Please reach out to us on [**Telegram**](https://t.me/pupswapofficial) to have your token listed as soon as possible. ### Launchpad Details ![](https://storage.googleapis.com/papyrus_images/2e69b1b1736fe1c44749a74802ab5b9d50f1e472e8b8764981703a29f54cba7b.png) The PupSwap Launchpad will take place on August 25th at 1PM UTC on our [**Native Launchpad**](https://app.pupswap.io/launchpad)**.** The raise will be done in **BONE** and will last for 24hrs before completion. After the raise is completed, users will be able to claim their PUP and they will receive any excess BONE back. The Launchpad will work with the **Overflow Method**, meaning that any funds that exceed the set hardcap will be partially refunded to users. The PUP Allocation will be split between users based on their weight in the launchpad, and all excess BONE will be refunded. Here are some numbers to keep in mind: * Raise Amount: 17000 BONE * Presale Allocation: 150000 PUP * Max Commit Per Wallet: 500 BONE * Liquidity Allocation: 65% Once the token is launched and goes live we will lock the LP, and we will set the contract owner under a timelock contract, ensuring the maximum safety of our users. We would like to thank all users that have joined our channels and followed our Twitter in the past 24hrs. We’ve been able to grow substantially and organically, which showcases the potential strength of the Shibarium community. We hope we can make you proud through our developments and quality of work, and we wish to take this chain to the top of the Blockchain. --- *Originally published on [PupSwap](https://paragraph.com/@pupswap/welcome-to-pupswap)*