Marblecake Announces Innovative Blockchain Platform, Decentralized Exchange, and Automated Market Maker

in #marblecakedex2 years ago

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Along with the DEX, Marblecake will offer native pegged tokens on its ecosystem. These native tokens will enable users to trade fiat currencies and other external assets. These pegged tokens will be a key element of the ecosystem and will see further development and marketing throughout 2022. In addition, there will be a continued upswing in the value of DeFi and an increase in the demand for tokenized assets.In addition to the DEX, Marblecake will have its own blockchain-based ecosystem with various solutions for different financial needs. The platform's heart is a proprietary DEX powered by an AMM (Automated Market Maker). The Marblecake DEX is an independent software built on the Binance Smart Chain and the Uniswap fork. In this ecosystem, users can act as liquidity providers and receive tokens for adding token pairs and pooling time.

With the DEX, Marblecake also offers native pegged tokens that can be purchased with 0% fees

These native pegged tokens can be bought and sold on its ecosystem with a variety of methods. The process of farming lottery tickets will be simplified and automated and users will earn 0.17% on every transaction. The native pegged tokens on Marblecake will be the next step in the ecosystem's development. The platform also uses third-party liquidity provided by LPs. LPs earn 0.25 percent from each trade and will be paid out as rewards to maintain a high level of integrity. The underlying blockchain will use its own algorithms to validate the data and provide accurate prices. These features will allow Marblecake to become a popular choice for newcomers to the DeFi ecosystem.

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In addition to the DEX, Marblecake offers native pegged tokens

Its users can earn CAKE while they sleep, which is more convenient than yield farms. Its automated market maker model provides a simple, low-cost way to earn crypto. Unlike yield farms, the CAKE is also a native pegged token on its blockchain. This enables it to be traded in a variety of digital currency exchanges, including BTC, ETC, and Ethereum. Besides the DEX, Marblecake also offers native pegged tokens on the NTFS network. Its PNG token is a decentralized exchange. In addition to the DEX, it also offers a DeFi platform. The company closed its early seed round in July 2020, and in December 2020, it captured 6% of the gas market in 3 months. Its DEX supports NTFS and wallet cross-chain networks. The PNG network can accommodate 710,000 transactions per second. The platform has been tested to handle 50,000 transactions per second. This means that the PNG network can support a larger number of transactions. The exchange is also cross-chain compatible. This means that it supports multiple blockchains. By integrating NTFS with the DEX, you can access other types of tokens. Once you have found the best DEX, you can start earning the CAKE while you sleep.

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MARBLECAKE is developing next-generation defi solutions and yield protocols

Other than the DEX, Marblecake also provides the PNGX. This DEX is based on the Binance smart chain and features a market maker automated model. This platform supports multiple POS currencies, including DGB and ETC. The PNGX is one of these. The price of the coins on the PNGX can be found on the website. The BNG is another option offered by the Marblecake project.This coin offers a 47-APY passive income from Binance taking. This coin is also listed on the BTCDEX. Its DEX liquidity is based on Automated Market Makers. If you want to buy the BNB, you can choose a market maker on the PNG.

Platform Security:

Marble cake devises several strategies to increase its security:
● Audits of smart contracts
● Stingering monitoring system implementation to detect anomalous transactions, such as suspiciously big volume transactions, high-frequency transactions in a short period, and malicious whale behaviours.
● Contracts can be halted if the system experiences an error or something like that.
● A reserve fund to compensate in the event of a loss.
● API Access, Staking, Launchpad, Lending, and a Cross-Chain Bridge are some of the features that have yet to be implemented but are planned for Marble cake.

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✓ Website Link


Website: https://marblecake.exchange/
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Reddit: https://www.reddit.com/r/marblecakedefi/

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