#RobiniaSwap Technical and Financial Considerations

in CryptoDog2 years ago

Introduction

Just a few days before #RobiniaSwap starts executing transactions in November, there are still some doubts about its operation, so I wanted to dedicate these brief lines to explain some technical and financial considerations related to RobiniaSwap.

Before continuing, it is necessary to clarify that when a protocol works with a decentralized mechanism, there is no order book for traders, therefore to provide the necessary tokens for exchanges, liquidity is needed to provide financial functionality and #RobiniaSwap works on this parameter.

As mentioned in previous posts to this one, let's remember that #RobiniaSwap runs automated liquidity registers within its financial ecosystem.

Screenshot of: RobiniaSwap


This means that there are smart contract models that define a standard method for making liquidity pools and corresponding markets compatible with each other.

In practice, users who participate by adding liquidity to #RobiniaSwap are referred to as Liquidity Provider (LP), and the action itself is described as a procedure of adding fluidity.

Now, it should be noted that users who choose to add liquidity to #RobiniaSwap receive a portion of the fees generated by users who exchange their tokens, a highly attractive element for anyone wishing to earn passive income in the short and medium term.

OBSERVATION:

The cover image was designed by the author: @lupafilotaxia, incorporating image background: Source: Blokfield.Gitbook.io

Coin Marketplace

STEEM 0.29
TRX 0.12
JST 0.033
BTC 63464.16
ETH 3111.33
USDT 1.00
SBD 3.98