New project intro: KingSwap is the newest decentralized finance (DeFi) liquidity pool platform that is a further and better evolution of UniSwap.

iamprabhupawar (40)in #kingswap • 4 years ago (edited)

download (3).png
Visit website KingSwap(DeFi):👉 https://kingswap.io/
introduced KingSwap.io (DeFi)
#KingSwap #DeFi $KING #Crypto #Yieldfarming #Blockchain

KingSwap is the newest decentralized finance (DeFi) liquidity pool platform that is a further and better evolution of UniSwap.

✓KingSwap NFTs
Yield Farming
Staking
DeFi
KingSwap
defi crypto
decentralized finance
Blockchain
KingSwap DeFi
crypto currencies✓

In addition to offering off-ramp fiat currency converting solutions to allow users great convenience between the fiat and cryptocurrency worlds.

KingSwap has also added some new Blockchain community-oriented features to the Uniswap's core design, which will help the offering to boom💥 and provide user-friendly real-time benefits in terms of price curves and contributor rewards.

Our protocol design offers to align incentives for the users by introducing strategies like pool rewards & network effects.

How does KingSwap work?

As there is no order book or any centralized party required to make trades, you might be wondering how trades happen without a third party. Well, KingSwap works with a model that involves liquidity providers creating liquidity pools. This model provides a decentralized pricing mechanism that efficiently smooths out third party depth. Here is how KingSwap works.

King token:

King tokens are designed on High Yield Staking LP Token Model, which are given as rewards for liquidity mining. The token then allows its holders to participate and stay longer in the governance of the platform and even entitles them to rewards.

Token distribution:

If you are a liquidity provider in Uniswap pools or you are still looking for a platform to invest and earn, we ask you to have a look at our token protocol. We have designed the token distribution mechanics in such a way that it is super easy and adaptable for the existing Uniswap and other compatible liquidity providers to migrate to our protocol.

To start with, anyone holding King Tokens can be a liquidity provider in the corresponding list of pools. Once they stake those tokens, they will start earning tokens and rewards at a massive 10,000 tokens per block rewards rate! The King Tokens per block will be distributed in accordance with the smart contract, and greatly benefit the liquidity providers of the supported pool. King Token will also be distributed in LP yield farming and traders trading mining.

Decentralized Finance (DeFi) has taken cryptocurrency a step further into making every financial service universally accessible to anyone in the world. Within the Blockchain ecosystem and DeFi movement, Decentralized Exchange platforms (DEX) have emerged to allow you to seamlessly trade popular tokens directly from your wallet.

Recently, the popular UniSwap project which has features such as Automated Market Making (AMM) has solidified its status as one of the top DeFi protocols but there are of course still improvements available that can be made.

In addition, the DEX ecosystem is in its infancy which makes design flaws and scam projects (or near-scam projects — we’re looking at you SushiSwap) rampant in the emerging world of decentralized finance.

With these shortfalls in mind, 👑KingSwap takes inspiration from 🦄UniSwap and 🍣SushiSwap

KingSwap but brings the quality up 10 notches to provide you with the best core protocol designs you’re already familiar with while value-adding through design, credibility and efficiency that you deserve.