What is a Swap Burger Exchange? Full introduction of decentralized exchange Burger Swap
Swap Burger Exchange is a decentralized financial system protocol (Defi) on the Bainance Smart Chain (BSC) that allows you to swap tokens in the BSC blockchain and receive rewards in exchange for providing liquidity to these decentralized markets. Unlike other Diffie-like projects such as Ion Swap and Sushi Swap, Swap Burger will not feature the usual liquidity-providing (LP) tokens. Instead, everyone who provides the cash needed to qualify for the currency pair will receive a BURGER. These tokens are a symbol of their share of the liquidity pool. This article aims to provide you with information about Burger Swap exchange and how to work with it.
What is a Swap Burger Exchange?
Burger Swap is a decentralized financial system protocol based on Bainance Intelligent Chain (BSC). The swap burger is a decentralized exchange (DEX) and follows the automated marketing (AMM) model. Swap burger exchange can be considered the new market maker of Bainance smart chain. Like Pancake Swap, Bakery Swap, and other protocols, Swap burgers allow users to receive tokens by providing liquidity.
Connecting a scam wallet to a Burger Swap exchange
Before you Metamask wallet your the Bainance smart chain, make sure that you go to the home page of Swap Burger Exchange and click on Connect Wallet. Be sure to change the Atrium core network settings to the Bainance smart chain.
Once connected to your wallet, you can view various Swap burger products such as Swap, Liquidity Pool, Blockchain Bridge, Governance, etc.).
How to use Burger Swap exchange
At Swap Burger, you can swap different types of BEP-20 tokens. Virtually all assets running on the BSC network can be traded on a swap burger. For example, if you want to sell your Binance (BNB) tokens instead of BURGER burger tokens, you must first go to the Swap section, enter some of the Binance digital currency you want to exchange, and then click the Swap button… 
Be sure to check the Price Impact, Transaction fee, and other details before swapping your tokens.
How to add liquidity to a swap burger pool?
Each user can provide cash and (tokens) for the swap burger platform. These tokens are used to build a new liquidity pool or add to existing collections.
If you want to act as a liquidity provider, go to the Pool section and click Add liquidity. You can now select the pair of tokens you want. Before adding liquidity to the pool and performing a blockchain transaction, you must first click the Approve button. In this way, with this transaction, your tokens will be used in swap burger contracts. Once the transaction is complete, you can add the liquidity you want to the pool. 
When you add liquidity to a pool, you will receive burger tokens in proportion to your share of the cash pool.
Burger Swap rule
The Governance or Burger Swap tab is where you stack your BURGER tokens. To create new governance proposals or vote on existing ones, you must stick to your burger tokens. 
Cross-Chain
Given that the swap burger runs on the Binance smart chain, it will only be possible to exchange and add liquidity using BEP-20 tokens. However, Swap Burger Exchange has launched an inter-chain bridge service that allows each of the ERC-20 tokens to be converted to a Wrapped version of the BEP-20. This is similar to making tokenized bitcoins on the Atrium network; The difference is that in the case of swap burgers, this conversion takes place between ERC-20 and BEP-20 tokens. 
You may have noticed that some of Swap Burger Swap’s assets are not BSC-specific tokens. These tokens are Bitcoin, Atrium, Bitcoin Cash, and Ripple. These tokens can only be traded on the BSC network because they have been converted to BEP-20 tokens using broken bridges or Binance network withdrawals.
This is why you must look at the Price Impact section before confirming a trade. Low liquidity trading pairs may impose a significant amount of slippage on your businesses.
Digital burger farming
Swap Burger Exchange has provided rewards for farmers in burgers, tether, and Binance tokens. Users can obtain these tokens in two ways; First, by providing liquidity or by participating in an exchange management system.
Anyone who provides cash for a burger pool will be able to receive burger tokens in proportion to their share of the pool. It will be possible to obtain these rewards as long as the liquidity continues to be provided.
On the other hand, users can receive rewards through the voting system and participate in the project governance system.
In addition, the swap burger uses a special token burning mechanism in which a percentage of the burger tokens obtained from transaction fees are destroyed.
In summary, the rewards are distributed as follows:
- 40% of the tips go to the liquidity providers on the platform.
- 30% of the information goes to the governance/voting system participants.
- 30% of bonuses are burned forever.
These numbers may also change with the participation of new entrants to Burger Swap in submitting or voting on new proposals.
Swap Burger Swap Security
Blockchain security company Beosin audited the first version of the smart contract in September 2020, and since November of that year, there have been no reports of swap burger security.
Concluding remarks
Swap Burger Exchange is one of the first decentralized financial system (Defi) projects on the Bainance smart chain. Despite the similarities between this platform and other similar platforms. The Swap burger has unique features such as an interchain bridge and a governance system that distinguishes it from others.
If you still have doubts about using and working with Swap Burger Exchange or want to know more about Yield Farming and Stacking Burger Swap, you can share your questions with us.
