BAPT is the native token on Aptos that powers the BAPTSWAP ecosystem. BAPT is designed to capture the value generated in the ecosystem, and a cornerstone for a new type of token creation, management, staking, and trade.
The team at BAPT LABS conducts in-depth research to identify opportunities and create new solutions that push the boundaries of what is currently possible on the blockchain. With a commitment to excellence, BAPT LABS strives to be a driving force in the development of cutting-edge technologies that will shape the future of finance and commerce.
BAPTSWAP on Aptos serves the purpose of facilitating tokenomics for projects by creating a means of routing transactions through the router. This is necessary because the Move language does not allow tokenomics within the contract itself, which can be a significant setback for smaller projects with limited funding. BAPTSWAP provides a solution by gathering taxation for Aptos chain tokens outside of the constraints that contracts would otherwise impose.
Aptos and other Move language coins like Solana currently have no tokenomics. This makes BAPTSWAP more than just another DEX, as it offers a unique solution to add tokenomics to Aptos and potentially Solana, making it the first of its kind.
Currently, there are fewer than 20 tokens on the Aptos chain due to limitations. It is not beneficial to launch tokens without fees generated from trading volume. BAPTSWAP solves this problem by providing the first and only place on the chain to both launch and trade tokens with fees. Essentially, BAPTSWAP is starting the DeFi era on a chain that is expected to become one of the best developer blockchains in the crypto space.
