ICECREAMSWAP BECOMES THE SAFEST DEX ON CORE CHAIN (KYC Delegator System)
As a means of combating the rise in the number of scams on COREchain, we are thrilled to announce the launching of our new KYC delegator system. Projects founders that have been KYCed can now delegate their soulbound-KYC token to their own smart contract. These tokens will have a KYC verification badge next to them in our token list. Our KYC system shows which tokens on COREchain are verified. With this innovation, IceCreamSwap is currently ranked as the safest DEXon COREchain to trade on.
Note: Only tokens with KYC verification badge in our token list, has been KYCed, TRADE CAREFULLY!!!
About the IceCreamSwap KYC system:
The KYC system is a verification tool designed by IceCreamSwap team for both projects and users, in order to ensure safe trading-space on COREchain. Upon verification, users/projects will receive a soulbound token in their wallet, which proves that they have been KYCed by IceCreamSwap.
Benefits of the KYC system for projects/users:
For projects this means you can get access to extra functionality and greatly increase trust in your communities. Verified projects will receive a KYC verification badge in our token-list for easy identification.
For users this means you might receive airdrop where the KYC token is a prerequisite so projects are sure they don’t airdrop to bots. Also KYCed users can earn rewards by participating in the community activities organized by IceCreamSwap.sers can also use the KYC delegation as basic security checks for projects.
How to get KYCed:
The verification process is very simple. Go to IceCreamSwap.com , select the CORE network and then navigate to “more” and click on the KYC section. You will need to pay a fee of 5 ICE, after payment, you will be redirected to fill a KYC form, where you will need to provide your identity information. Once you have provided the necessary information, submit the form, the soulbound token will be sent to your wallet to show that you have completed the verification process. The whole process just takes a few minutes.
How to check KYC status:
Users can check whether their wallet have been KYCed by inputting the wallet address in the KYC checker section. This can also be applied to check if a token has been KYCed by using a token’s contract address.
How to delegate KYC:
To delegate your KYC to your token, navigate to the KYC delegation section on IceCreamSwap, and paste the token address of the token you want to delegate the KYC to.
A delegation fee of 25 ICE is required for this process.
Note: During the delegation process, the soulbound token will never be transferred.. Just that the contract of the token has a soulbound token showing it’s being delegated from the specific KYC soulbound.
In summary, our KYC system shows which projects/tokens have been verified. This is very important as we collect and save identity data of projects’ founders. This will help reduce fraudulent activities such as rug-pulls, soft-rugs and even honey pot.
It is very important that users confirm whether a project has been KYCed or not before trading, verified projects will have a verification badge in our DEX token-list.
Note: KYC = Know Your Customers/users
Useful Links:
Website: https://IceCreamSwap.com/
Telegram: https://t.me/IceCreamSwap_com
Twitter: https://twitter.com/icecream_swap
IceCreamSwap Medium: https://icecream-swap.medium.com/
IceCreamSwap Wiki: https://wiki.icecreamswap.com