Birbswap exchange: An ecosystem with a high liquidity

in #birb3 years ago

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The centralized way of finance is no longer reliable, and users need to shift to a transparent and secure finance system to keep their data and funds safe. Such finance system is the decentralized finance system that will give users the rights they have always wished to have on the centralized financial systems. There are many downsides to centralized financial systems, and some of them include bulky maintenance and transaction fees, insecurity, etc. In decentralized finance system, there will be tight security at all times, and the fees would be reduced because there is no longer any middleman present in between transactions.
Here are some problems that can be found in centralized exchanges(a use case of the centralized finance system):

  1. High transaction charge: CEXs charge the users high in exchange for utilizing the platform's service. The fees that they impose on their users may vary and increase depending on the type of features that is made available on the exchange. Generally, users pay a high fee for the services they use on centralized exchange.
  2. Governing control: CEXs always like to see that they are in charge of all the activities run on their platform. They are an entity of control, and the users of their platform have to accept it. Therefore, authorized regulators can hold back the users' funds, and compel the hosting companies to release information about the users.
  3. Custodial platform: The main aim of decentralized exchange is to restore power back to the users, but that is not the case with centralized exchanges. CEXs control user's accounts and assets, forgetting the main aim behind cryptocurrencies. The users give the CEXs their private keys, and this gives them some sort of control over their accounts.

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Platform features
Birb doesn't only look forward to developing a trading platform where BEP-20 tokens can be exchanged, but a platform where the users can enjoy features and earn. The Birb's ecosystem will give all token holders of the platform access to the following features:

  1. Gaming portal: Birb has provided a fun way for its users to earn. This gamified web application will give users a chance to play a game and earn rewards. This feature is provided by Birb's smart contract.
  2. Birb daily drain and burn: Every day, 5% of Birb's total supply in the PancakeSwap pool will be depleted automatically. Any coin holder on the Birb platform can give a go-ahead to empty the pool in order to earn 1% of the daily emptied Birb token. This pool drain can only be done once a day, and only one user can give a go-ahead. Therefore, participating holders need to be at alert to be able to give the go-ahead to empty the pool. The Birb ecosystem named this process of emptying the pool was termed “Hatching the nest”. Therefore, all participating holders need to use this an opportunity in hatching the nest to earn 1% of the emptied Birb.

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For more information :
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

Publishers Informations :
Bitcointalk Username : Ubaraw
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=2835216

Wallet Address Address:0x50B5253269ce366EaaB8F35142c905827B6D672A

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