SWAPHUB - REVOLUTIONIZING DEX FOR A BETTER DEFI EXPERIENCE.
Considering the number of flaws obtainable in the traditional financial institutions in charge of managing the finance of individuals, it can be concluded that attaining total financial freedom still seems impossible.
Basically, traditional financial institutions are centralized to the core,involves high transaction fees,are highly unreliable, vulnerable to compromise,lacks transparency and more sadly,has an all time low rating when it comes to scalability.
The invention of an alternative transaction system has successfully created more value and simplified finance for individuals all over the world. This system is characterized by the use of digital tokens (cryptocurrency), which in a manner of description are virtual forms of money which can either be exchanged for other cryptos or to fiat depending on the needs of the holder.
Unlike fiat system,this system is completely decentralized and facilitates cross border payments as funds are electronically transferable from one point to another all over the globe.
Meanwhile,aside from centralization of various exchanges, a lot of crypto traders within the industry still struggle with other complexities in these trading platforms which has rendered trading to become quite a drag instead of a satisfying and rewarding experience.
How about an innovative decentralized Dex tailor -made to suit the unique needs of users and further drive the adoption of cryptocurrency?
MEET SWAPHUB - THE UNBEATABLE CRYPTO EXCHANGE.
Uniswap Decentralized exchange has over the years been quite famous for its unique protocol which has since inception contributed massively to the development of many projects on Defi.
However, SWAPHUB after its introduction has successfully made great modifications on Uniswap's protocol design and leverage the protocol design of Uniswap to integrate more features aimed at helping users attain maximum benefits.
VISION OF SWAPHUB
In the next couple of months, swalhub has outlined the various areas of the platform where development will be initiated and sustained in order to achieve maximum impact in the entire cryptocurrency industry. They include
Based on Uniswaps unique protocol, SWAPHUB intends to build its own staking ecosystem.
The second stage in its system development is the deployment of protocols other than that of Uniswap.
Subsequently, the formation of SWAPHUB'S funding pool and exchange liquidity pool similar to what is obtainable on Uniswap.
Realization of a modern next generation decentralized exchange ecosystem.
Finally, the provision of DeFi ecosystem,enabling lending of digital assets and so on.
Meanwhile, let's briefly consider how individuals or users can benefit from providing liquidity on the SWAPHUB platform.
OTHER BENEFITS OF SWAPHUB
For most users, it seems more reasonable to provide liquidity for Uniswap instead of swaphub, well let's get some clarity on this already.
In Uniswap,liquidity providers are eligible to receive trading fees from the liquidity pool based on active participation,this entails that if a user removes his assets from the pool, no incentive will be allocated to him. Moreover, as the platform gets popular and garner more liquidity support, the early liquidity supporters will see their incentives diminish gradually.
This is not the case on swaphub,here liquidity providers are entitled to incentives in the form of HUB tokens, even without actively participating in the liquidity provision process, as long as he holds a good number of hub tokens, he will still receive some portion of swaphub protocol fees. Amazing isn't it?
Furthermore, as long as one is among the early participants in supporting liquidity on swaphub, he automatically assumes the position of a stakeholder in the network and won't be affected by whatever changes on the platform.
CONCLUSION
SWAPHUB is the go to decentralized exchange for new and existing users to make great returns from trading and exchanging cryptocurrency.For those individuals who support the development of the substrate by providing liquidity, swaphub gives them eligibility to receive trading fees from the liquidity pools regardless of whether they actively or passively participated in providing liquidity. Token holders also stand to enjoy the full benefits of the platform.
USEFUL LINKS
Website: https://swaphub.finance/
Twitter: https://twitter.com/swaphubfinance
Telegram: https://t.me/swaphub
Medium: https://medium.com/@swaphub
AUTHOR'S DETAILS
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Bitcointalk Profile URL- https://bitcointalk.org/index.php?action=profile;u=2767664;sa=summary