INTRODUCING ROBINIA SWAP
Robinia swap is the newest commercial based yeild farm DeFi and AMM decentralized exchange which operates on the binance smart chain.
DeFi refers to decentralized finance; it is a blockchain based form of finance that doesn't rely on financial intermediaries. It can further be defined as a collection of financial products and services that are accessible to anyone with an internet connection. DeFi applications and protocols allow easy lending, trading and borrowing of financial assets.
Robiniaswap supports blockchains like STEEM, HSC, RISON among others. It's token it called Robiniaswap whose token symbol is RBS.
To earn RBS, user's have to pool liquidity on robiniaswap through yield farming.
Yeild farming also called yeild liquidity harvesting; involves lending cryptocurrency inorder for user's to earn an interest or fee. For instance, a user takes abit from their pool and stakes/lends their crypto assets so as to get higher returns. Yeild farming is safer than crypto staking but it is not free of risk; because there is no reward without risk.
A user can stake their assets in DeFi protocols and earn a profit which is called a yeild. By staking their asstes, a user is able to grow his crypto stack without risking it.
ADVANTAGES OF ROBINIASWAP
Sustainable RBS token incineration model;
All RBS deposit fees except operating costs are used to purchase Steem which is then locked up in SP for a year and used for RBS token incineration and robiniaswap development.
To incinerate something is to burn something completely inorder to destory it. In this case, token incineration or coin burning is where existing cryptocurrency coins are permanently eliminated from circulation by sending them to an "eater address" also known as a black hole. An eater address is a wallet without an access key. Coin burn is very popular among cryptocurrency exachanges that have issued their native tokens. It is meant to provide an incentive to user's to purchase the token and hold on to it for a longer period of time. Token incineration also serves to slow down inflation rates by reducing the total circulating supply of coins.
Transfer tax
All RBS transactions are charged a 5% fee which is automatically incinerated.
Robiniaswap supports the development of DeFi services and enables RBS tokens to be utilized in a variety of ecosystems.
It supports multiple blockchains like STEEM, Hoo Smart Chain and RISON. Users are able to take advantage of robiniaswap over it's crosschain bridge.
Robiniaswap also supports the marketing of token airdrops and partners associated with the robiniaswap ecosystem using their own service known as SteamField.
For more information, follow @robinia or lick the link below.
https://robiniaswap.gitbook.io/robiniaswap/

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