Liqnet
Hello everyone, in this article I would like to talk about the project Liqnet.
LIQNET is a cryptoexchange that aggregates liquidity from various platforms thus solving the problem of the splitting of users and their trading orders by forming a unified order book with the best market depth and prices.
The LEN technology comprises three essential services:
- Data collector.
- Automated trading system(provides hedging of clients dealsat external platforms).
- Automated system that allocates and accounts forfunds (provides positive balances at external platforms, accounts for profitability as an additional control tool of an automated trading system.
Features of the project:
- The LEN mechanism (liquidity exchange network). LEN (Liquidity Exchange Network) is what makes our exchange unique. This mechanism allows collecting and aggregating buy/sell orders through APIs of 1,2...n exchanges located anywhere in the world and forming a unified order book. Thus, orders are combined and users can now make deals with best prices and minimal spread. As a result, users get access to the single order book, in which they see both the orders of our exchange and orders relayed from other platforms. Due to the platform aggregating sufficient amount of liquidity of various tools, it is planned to implement trading of deliverable futures and options for those that have the highest liquidity. LEN allows the LIQNET system to get an improved model from the standard model of market depth that offers added liquidity at the intersection of supply and demand
- ICO with a finished project. The trading is accessed through a unique professional web terminal that comprises: 1) A graph with a multitude of tools for technical analysis. 2) All types of orders and their execution policies. 3) Tools for scalping trading, marketmaking, etc.
- High level of security. The security of the server side has been thoroughly tested.
Advantages of liqnet over competitors:
- Ability to execute a big order at the best price (large market depth)
- Minimal spreads
- Ability to trade large volumes without the risk of shifting the market
- Best prices, minimal spreads, and the biggest volumes all in one place
Information about token. On the growing cryptocurrency market, this ICO may be one of the few options for investors to enter the cryptocurrency services and exchanges market through a finished elaborated project.
LEN token allows you:
- Purchase a discount on fees: one token gives a 0,5% discount on the sum of fees for one day. The discount if activated for 24 hours in the personal account immediately after the withdrawal of tokens or at a particular time. Increment size is 0,5%, the highest possible discount is 90%. The timing of the discount can be chosen in the personal account.
- Get access to the voting service to make decisions on the following matters:
- Choice of the trading pairs offered at the exchange: at first, one or two pairs will be available in the system, the token holders choose the first 20 pairs that will be added to the system after the ICO;
- Choice of the ways of spending 50% of attracted funds;
Whitepaper. On the website of the project anyone can read the whitepaper in English. Link at the bottom.
Token sale.
Now you can join whitelist for participating in ICO.
Name - LEN
Number of tokens - 63 746 032 LEN tokens
Token price - 1 LEN = $1
In this picture you can clearly see the structure of the distribution of tokens:
Roadmap. On the project website is presented a road map, calculated until 2019.
Team. Also on the project site there is information about the developers and advisors of the project, links to linkedin are attached, so if you want, you can get acquainted with each member of the team in detail.
In conclusion, I would like to say that I am interested in this project, since it already represents a finished product, and the extensive experience of the team will help to spread this product on the market. I wish them the best of luck in this.
website - https://liqnet.io
whitepaper - https://liqnet.io/static/docs/Liqnet_WhitePaper_en.pdf
ANN - https://bitcointalk.org/index.php?topic=3736633
twitter - https://twitter.com/LIQNET_official
facebook - https://www.facebook.com/LiqNet.io/
My nick - G1r (bountyhunters)