A platform all about liquidity: Birb
Introduction: Why do people keep handling and managing the traditional way of finance, when there is a better way to go about it? Traditional finance system have now been overshadowed by centralization, and this even makes it harder on users. Centralized traditional finance systems have done nothing to improve the financial system as a whole, and the users suffer for it. This is why the decentralized finance system was formulated to take care of the challenges of the centralized traditional finance system. Consumers also face risks when they work with centralized financial systems such as risk of having their funds and data stolen by hackers, etc. Hackers could easily hack the data found on centralized systems, because the data and assets are all stored on a central server.
Decentralized exchanges
Decentralized exchanges help to keep decentralization and blockchain alive. It was created as an alternative to crypto trading, but instead, with the help of the blockchain technology. This type of exchange does not only help keep blockchain alive, but provide more use cases to cryptocurrency, while giving users the opportunity to earn more. Decentralized exchanges have brought in more use cases such as voting rights and yield farming. While decentralized exchanges are known to have a good effect on the platform and ecosystem, it still has a problem of liquidity. This problem is what Birbswap has tried to fix. Birb has made an effort to solving this problem by leveraging the liquidity of Automated Market Maker to user's funds. This means that whenever a trader trades on the platform, he/she is indirectly trading against users' funds from a liquidity pool.
Bring decentralized exchanges
Birbswap decentralized exchange was created to handle the challenges found in centralized exchanges. It will allow for the easy transfer of BEP20 tokens while still giving their users right to own their tokens.
Since the exchange is on the BSC, it will give room for cheap and fast trades on the platform. The BSC is known best for its cheap and fast method of transactions, and it is highly profitable for exchanges that carries out a lot of withdrawals and deposits in a day. Birbswap will solve the problem of centralized exchanges by giving users the right to transfer their assets on the network. The upgraded technical functionalities of the Birbswap decentralized exchange will give users the right to transact on the network without having to put in their personal details.
Liquidity might be the main aim of other decentralized exchanges, but that is not the case with Birbswap decentralized exchange. It looks forward to leveraging AMM to permit traders exchange assets on the network without asking for permission. The network doesn't have any possession of an order book to allow buy and sell orders just like in centralized exchanges. Instead, the network uses an updated method to link trading orders. This method is through liquidity pools and dynamic algorithms. This will allow users to enjoy fast trading, cheaper fees, less slippage, etc.
For more information on Visit :
Twitter : https://twitter.com/BirbDefi
Telegram : https://t.me/birbdefi
Medium :
https://medium.com/birb
Instagram : https://www.instagram.com/birbdefi/
Youtube : https://www.youtube.com/channel/UCofh6d6QSBGdKX9KPZh75SA
Github : https://github.com/birbdev
AUTHORS INFORMATION :
Bitcointalk Username : Pona
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=2844964
Bep-20 Wallet Address: 0x8719b726Ee2977D46d57A413ac1eDC7A80233124