Kingswap - ONE KING TO RULE THE DEX

doctor877 (31)in #kingswap • 4 years ago

Introduction

Decentralized Finance (DeFi) has made digital money one stride further by making all monetary administrations openly accessible to everybody on the planet. As a feature of the Blockchain environment and the DeFi development, Decentralized Exchange (DEX) stages have risen and permit you to consistently exchange well known tokens straightforwardly from your wallet.

The as of late famous UniSwap venture, which has highlights like Automated Market Making (AMM), has hardened its status as a standout amongst other DeFi conventions, obviously there are still enhancements to be made.

What's more, the DEX environment is in its early stages, which is the reason configuration blemishes and fake tasks (or practically fake ventures - we're taking a gander at you, SushiSwap) flourish in the developing universe of decentralized account.

Remembering these defects , KingSwap takes motivation from UniSwap and SushiSwap, KingSwap finds a way to give you the best center convention schematics you are now acquainted with, including the worth you merit with the plan, dependability and execution you merit.

What is Kingswap?

KingSwap is the latest DeFi liquidity pool platform and is an enhancement and evolution of UniSwap. In addition to offering off-ramp fiat currency conversion solutions, KingSwap has added some new features targeting the Blockchain community to the core design of UniSwap to help provide real-time user-friendly benefits in terms of price curves and member rewards.

KingSwap is a legal entity!

Most DeFi projects lack a legal framework, which is a major concern as we have seen founders leave shortly after project launches. KingSwap provides legitimacy with a reliable team backed by the compliance with the laws of a strong regulatory body. KingSwap users will enjoy the benefits of DEX while keeping accountable to the project (regulated entity) that issues your hard-earned $ KING.

Convert your tokens to fiat currency

One of DEX's problems is their inability to easily convert cryptocurrency to FIAT. Through our integrated OTC portal, our one-stop platform offers an immediate FIAT conversion to easily convert your $ KING to FIAT currency.

Alternatively, if you prefer non-cash payment, you can download it to our exclusive King Card, with which we offer off-ramp fiat currency conversion from debit cards that are on the Visa and Unionpay networks.

Liquidity pool

When you provide liquidity to the pool, you receive a reward of KING $. As with SushiSwap, your $ KING will continue to receive a portion of the protocol fee even if you choose not to participate in providing liquidity.

Thanks to KingSwap, KING rewards of USD 10,000 per block are awarded to First Users and Liquidity Providers (LPs).

When you contribute to the liquidity pool and stay in it longer, you earn KING $. In the UniSwap protocol, 0.3% of all trading commissions in any pool are proportionally distributed among the pool's LPs. KingSwap believes that since swaps are the ones that generate income, they should be incentivized with cheaper transaction fees of 0.25%.

Our token pool and liquidity construction gives 0.2% directly to the active LP, and the remaining 0.05% is converted back to KING, which are distributed among LPs. There is also a huge pool of rewards that rewards LP from KING $ 10,000 per block mined!

Free Tokens

Who doesn't love free tokens? Following the launch of KingSwap, up to $ 10 million KING secret airdrops were planned. To qualify, you will need to provide liquidity or swap within the selected date. The idea is to get the most out of the swaps and liquidity providers.

KingSwap bonuses.

Enjoy 0% card transaction fees, higher interest rates and shopping benefits such as Free Netflix accounts, Spotify, and exclusive member access to airport lounges around the world and global coworking spaces.

Convenient interface

At the basic interface level, KingSwap has a beginner friendly interface that is easy to use. We have common interfaces with UniSwap and SushiSwap. This means that if you are currently UniSwap / SushiSwap compatible, it should be easy for you to switch to KingSwap. Our interface is fast, secure, and helps improve your experience.

About KING token

KING tokens are designed as a reward for the high yield LP token model - these tokens are provided as a reward for mining liquidity. KING then allows holders to participate in the ecosystem and receive other perks and benefits. KING holders can use these tokens as a medium of exchange whereby goods and services can be purchased or exchanged for other currencies from LP.

KING distribution

If you are an active partner in UniSwap pools or are just looking for a platform to invest in and earn, you should definitely consider KingSwap. We have developed a token distribution mechanism to make it extremely simple and adaptable for existing UniSwap LPs to migrate to our protocol.

As soon as LPs put UniSwap or SushiSwap LPs into KingSwap liquidity pools, they will start earning tokens and rewards. $ KING for the block allocated for LP will be evenly distributed among LPs from the supported pool. $ KING will also be distributed as part of the LP farming tribute.

The Kingswap Team