$PV (People Verify) Alpha Coin will be launched at 1:00 PM UTC, July 29th, 2023

5 min readJul 28, 2023

In Sep 2021, PeopleEquity team was founded, and EquitySwap 1.0 version was launched on the test network one year later, which was noticed by several investment and research institutions;

In January 2023, EquitySwap 2.0 was launched and verified on the main network, with even greater breakthroughs in technology;

In July 2023, PeopleEquity (EquitySwap) participated in the ETH Shanghai Hackathon and won the award by standing out from over 400 projects.

💎EquitySwap is a game-changing DEX that enables users, project owners, and market makers to get greater benefits.

🎯EquitySwap’s features:

Automatically increase liquidity

2. Reducing impermanent loss and trading slippage

3. Higher trading profits

4. Achieve precise rebates similar to CEX

💎EquitySwap provides a new market cap growth model that enables projects always have good liquidity on price rises. It also reduces impermanent loss and trading slippage.

🏅️For new projects: there is better liquidity even without external adding liquidity.

🏅️For mainstream coins: impermanent loss are reduced to about one-tenth of Uniswap, and users and market makers can get rising profits and better-annualized returns.

Combined with the precise incentive and rebate mechanism, it can gradually replace CEX to achieve the full decentralization of trading.

🏆Award-winning:

ETH Shanghai Hackathon： https://twitter.com/ethereumsh/status/1682311638819696642?s=46&t=hBGnscZlpKTStraomUCJmA

Binance News: https://www.binance.com/zh-CN/feed/post/751427?ref=527648310&utm_campaign=app_share_link

PANews: https://www.panewslab.com/zh/articledetails/bm5z5tsi.html

EquitySwap has completed the seed round of funding, and in order to verify EquitySwap's revolutionary breakthrough and its contribution to the blockchain industry, PeopleEquity team releases this campaign and will provide incentives for active participation in the verification of the project.

I. Purpose of the launch: To verify the advancement of EquitySwap over Uniswap

AntSwap, ElephantSwap, and WhaleSwap belong to Equityswap. To verify the liquidity is automatically increased during trading (the market depth is automatically enlarged). I.e. At the same price, AntSwap has more USDT/USDC in the Liquidity Pool than WhaleSwap (which is the same as Uniswap);
To verify the smaller trading costs (smaller trading fees and greater market depth). I.e. at the same price, more tokens can be exchanged for the same amount of USDT/USDC in AntSwap, and the same amount of tokens can be exchanged for more USDT/USDC;
To Verify AntSwap has a smaller impermanent loss. I.e. at the same price, users adding liquidity at the same cost, the final value in AntSwap is higher and the impermanent loss is smaller;
To verify EquitySwap can achieve trading fee rebates which are similar to centralized exchanges. EquitySwap builds a dentralized credit system to provide traffic to the community, and the sharers can receive dividend income from the trading fees during the entire trading process of the project.

II. Tokenomics

Total Supply of $PV(People Verify): 500,000,000,000(500 billion)
100% of the token is used to add liquidity.
There is a limitation on a single wallet can purchase. Currently, the maximum purchase limit for a single wallet is 100 million (2/10, 000 of the total supply), and the maximum purchase for a single wallet will be raised to 300 million (6/10,000 of the total supply) in the future.
The trading fee rate S of $PV and the trading fee rate S1 with receiving the community NFT (Credential) of $PV are shown in the table:

⏰At 1:00 PM UTC, July 29th, 2023. Participate in trading $PV at https://www.equityswap.club/swap

Use USDT or USDC to buy $PV

Token Contract: 0x08784c14c2a77fBC6Bc44259c517cf11dB82d139

III. Verification Methods and underlying logic

$PV will be adding liquidity to the two Swaps (WhaleSwap, which is the same as Uniswap, and AntSwap, which is created by our team) at the same time, the initial amount of USDT or USDC added is the same, the initial unit price is the same, and since they are different stablecoins (both of which can be viewed as US dollars) of the same token‘s trading pairs, The $PV prices in the two liquidity pools will trend towards the same. The resulting comparison of the two pools during the price change.
Create different wallets, add liquidity at the same cost (total cost 20U) on each of the two Swaps, compare the final price values, and compare their impermanent loss data.

3. By introducing SocialFi, the sharer can get the trading rebate by successfully gifting NFT (need to be claimed by the sharee). For this verification, by introducing SocialFi, the sharer can get the trading rebate by successfully gifting NFT (need to be claimed by the sharee). For this verification, it needs to use PV to mint NFT, so the sharer will receive all the rebates from the $PV trading rate rebate (S1*50%).

IV. Verification Steps

Starting July 28, Community Leader mint Community NFT: Go to https://www.equityswap.club/ , click on “Circle”, select PV Token, and Community Leader mint NFT.

2. Community members can click “Claim NFT” after the community leader mint, and input the community leader’s wallet address and PV token address to claim the community NFT (40% reduction in trading fees after claiming).

3. At 1:00 PM UTC, July 29th, 2023. Participate in trading PV tokens at https://www.equityswap.club/swap

Use USDT or USDC to buy $PV

Token Contract: 0x08784c14c2a77fBC6Bc44259c517cf11dB82d139

4. Follow Twitter @PeopleEquity_ and leave your trading address in the top tweet;

5. When EquitySwap‘s official token $PE is launched, incentives will be provided for outstanding contributors who participated in $PV.