Deep Insight About Bogged Finance Platform

Published on: 29.12.2021

Everyone is looking for a platform that can ease their needs. A project that they think will be able to provide them with a corresponding service for what they want. During this pandemic most people relies on crypto business specially on DeFi space.

Introducing Bogged Finance

What is Bogged Finance?

Bogged Finance is the most actively used trading tools suite on Binance Smart Chain which has just performed cross-chain expansion of their core product BogSwap to Polygon, Cronos, Fantom, Avalanche, Harmony, MoonRiver, KCC, HECO, and OEC blockchains.

Bogged finance is a project with different types of services for its users. Lets take a look on its features.

🔄 BogSwap — the core tool of Bogged Finance, it enables DeFi traders to exchange (swap) various tokens, similar to how one would trade cryptocurrencies on a traditional centralized exchange.

BogSwap is a liquidity aggregator which means it chooses the best route (liquidity pool) to give the user the best price for their trade. This is extremely convenient for users rather than having to check each individual DEX page for the best price.

👁‍🗨 Limit Orders & Stop Losses — these are important DeFi tools many users will be familiar with on any centralized trading platform. Over 100,000 orders have been placed on the Bogged Finance platform. Users access & pay for these orders with $BOG. This gives $BOG its main utility and useful purchasing power. The aim is to bring these successful trading tools to new chains in the future.

📈 BogCharts — the most comprehensive real-time charting app for Binance Smart Chain (BSC) and Polygon tokens, providing the price data directly from the liquidity pools.

🔒 BOG Staking — the common DeFi process where users can stake their BOG tokens to earn more assets.

Solo Staking — Stake your BOG to earn a share of the platform fees, paid in BOG. Solo staking has a 7-day early withdrawal penalty of 0.5% and does not
LP Staking — Create BOG-BNB LP on PancakeSwap and stake it to earn a share of the transaction fees, paid in BOG
Staking Tools — Convert your LP straight into BOG and Tax-Free. This results in 8% more BOG than you would get from converting manually.

⚖️ Governance — BOG holders have the power to vote and participate on governance proposals, during the governance voting.

🤖 Bog Price Bot — token teams are now able to deploy the brand new Price Bot to their Telegram channels so that their users can get accurate Prices, Charts, and more info.

🔫 Launch Sniper — exclusive Bogged Finance DeFi trading tool, allowing you to buy almost any Binance Smart Chain tokens during their launch on Pancakeswap.

❇️ Sminem NFT’s — join the ongoing auctions or get your exclusive Sminem on Lootex NFT marketplace to take part in the Bogged Finance lore.

BogSwap support on multiple blockchains

BogSwap uses algorithmic routing technology to ensure that your trade goes through at the best possible price. BogSwap always finds the cheapest route between various DEXes and uses that for your swap. It provides key features for use on all chains:

🏎 Fast swaps

⛽️ Pre-set gwei

🔀 Price-Optimised routing

💰 Multi-transaction option

♻️ Auto-tax setting (accounts for token tax / minimum slippage requirements)

👌 Token Pre-Approval – to ensure fast trading

BogSwap On Cronos Chain

The currently supported CRO DEXes are:

VVS Finance
MM Finance
CronaSwap
Crodex
PhotonSwap
Swapp Finance

BogSwap On Fantom

7 DEX integrations to get FTM users the best price:

SpookySwap
SpiritSwap
SushiSwap
SoulSwap
JetSwap
KnightSwap
Elk Finance

BogSwap on Avalanche

BogSwap continues its rapid multi-chain take over deploying live on Avalanche. This is its latest cross-chain offering, after Fantom, Cronos, Polygon and of course Binance Smart Chain.

The currently supported AVAX DEXes are:

Trader Joe
Pangolin
Lydia Finance
Elk Finance
RUGenerous

At the time of writing, BogSwap will have deployed to 10 Chains. Binance Smart Chain, Cronos, Polygon, Avalanche, Fantom, KuCoin Community Chain, HECO Chain, OKEx Chain, Harmony Protocol, and Moonriver Network.

What the future holds for Bogged Finance?

The team is planning to facilitate cross-chain trading. The Bogged Finance bridge is currently under audit by Certik, once complete they will be able to deploy $BOG along with their other trading tools (Limit orders and Stop Losses) to new chains where there is a demand for these tools.

Bogged Finance Partners and Integrations