Blockchain technology is highly appreciated and accepted since the introduction of BTC in 2009. We all like and appreciate the concept of fast transactions with high speed and securities. The best part is that the third party involvement is erased and now the users privacy is taken care of and also the cost of transactions is economical without the barriers of international transactions. With the growth of blockchain criteria many new projects with their own blockchains knocked the market and some of them are now well established.
Decentralized exchanges (DEX) are a type of cryptocurrency exchange which allows for direct peer-to-peer cryptocurrency transactions to take place online securely and without the need for an intermediary. Decentralized exchange (DEX) offer various advantages over the traditional centralized exchange. A centralized exchange operates in a similar way to a bank. You deposit your tokens, and the exchange serves as a custodian. It’s up to the exchange to safeguard the funds and ensure it can make good on any withdrawal requests. Whereas A DEX works differently, in that the exchange never takes custody of funds. Although the underlying mechanisms for a DEX can vary, in general, there is an order matching protocol and funds are transferred between individual wallets using smart contracts to execute trades automatically. A decentralized exchange is a digital assets market that does not rely on any third party individuals or organizations to hold customer’s funds; instead, the platform offers a direct peer-to-peer trading mechanism that allows the users to process their transactions on an automated system. Thus the decentralized exchange provides you more security, control over your funds and also the main concern is privacy of the user which DEX provides you.
Recently I got acquainted with a rising platform having strong fundamentals and sound concept. The project is a revolution in decentralized finance. Provides the best opportunities to earn, The smart contract platform is designed to provide a convenient swapping site where corporate firms and individual stakeholders in the cryptocurrency industry can exchange their crypto asset for another, irrespective of the platform. Also you can earn via yield farming that It's a new way to earn rewards with cryptocurrency holdings using permissionless liquidity protocols. You can earn passive income by using the decentralized ecosystem of this promising project. The project I am going to discuss is VaultSwap.

Vaultswap An Innovative Platform

VaultSwap is a unique platform which is the future of decentralized finance. This platforms allow people to lend or borrow funds from others, speculate on price movements on a range of assets using derivatives, trade cryptocurrency, insure against risks, and earn interest in a savings-like account. This innovative platform is combining a variety of defi products and solutions, under a unified ecosystem, enabling consumers to execute financial activities in a safe, secure and cost effective way.
The major flaw which this innovative platform covers is that when when it is the matter of swapping the tokens/coins which are from different blockchains then there is no such a strong platform which can serve the purpose. Now thanks to this innovative platform which takes the initiative where the users can swap their assets without bothering the what type of blockchain they are dealing with. This concept of swapping the assets is really a revolution and is called cross chain DeFi protocol. VaultSwap provides direct cross-chain asset-to-asset swapping. VaultSwap doesn’t rely on ‘wrapped’ ERC-20 tokens or other synthetic assets to achieve cross-chain swaps. It doesn’t take 5 or more steps to swap assets. Users don’t need any special wallets or other software. All a user needs is a browser, an asset, and a wallet address for the asset they’re swapping into. All of VaultSwaps liquidity pools are staked against VAULT tokens. Using a universal quoting and state machine mechanism, swappers are able to swap their assets — swapping BTC into ETH, for example — without even needing to have a VAULT wallet, with the swap occurring as rapidly as the origin and destination chains allow.
By injecting cross-chain assets to provide liquidity for Token swap, users can obtain multiple benefits not only the income of participating in DeFi activities but also the income of TP tokens for liquid mining. That is, users can inject cross-chain assets into liquidity and carry out TP liquidity mining simultaneously.

VaultSwap Ecosystem

This is a user friendly platform which provides its users many opportunities to earn like Staking, Lending,Yield Farming, NFts.

Staking:

Staking just means keeping funds in a suitable wallet. This enables essentially anyone to perform various network functions in return for staking rewards. It may also include adding funds to a staking pool, which we’ll cover shortly. Normally Staking puts your assets to work, with interest rates as high as 7.21% APR. But in Vaultswap protocol Stake VaultSwap & get an APR of 30% and it can be unlocked anytime.

Lending:

VaultSwap platform allow users to put their crypto down as collateral and borrow fiat at a ratio. Interest rates for cryptocurrencies incentivize users to loan out their crypto assets because users can earn a higher return lending their assets than they can by storing them.Highest yield in market Upto 26% APR for supported coins (DAI, USDC, USDT, TUSD, BUSD, PAX).

Yield Farming:

Yield farming is any effort to put crypto assets to work and generate the most returns possible on those assets.VaultSwap protocol involves you lending your funds to others through the magic of computer programs called smart contracts. In return for your service, you earn fees in the form of crypto. Liquidity providers (LP) that add funds to liquidity pools. In return for providing liquidity to the pool, LPs get a reward. That reward may come from fees generated by the underlying DeFi platform, or some other source. Get upto 2000% APR by providing liquidity in VaultSwap and uniswap Protocols

NFTs:

The concept of Non-Fungible Tokens ( NFTs ) is on the boom these days and getting more and more importance these days. (NFTs) are a special type of token which are not interchangeable with other tokens. An NFT has unique characteristics which means that it can not be replaced or exchanged for an identical token. On VaultSwap network, users are offered the opportunity to create unique collectibles and either sell or keep them for personal use. NFT owners have absolute control over their collectibles and can do whatever pleases them with it.

VaultSwap Token

Vaultswap is the ticker of the token of this unique platform. It has a maximum token amount of 200,000 VAULT with 5,000 ETH hard cap.

Supported Wallets

VaultSwap support some of the best wallets in the cryptocurrency industry to ease the process of storing, sending, and receiving VAULT token. The supported wallets are: Trust wallet, MetaMask, MyEtherWallet

RoadMap:

This growing project is backed by a solid team which consists of the professionals from the different fields of blockchain technology. The team is hard working and innovative and has the solid plans and strategies for the smooth and reliable growth of the project. This project is loaded with strong fundamentals and a great Roadmap for the further developments and getting achievements.

Outcome

VaultSwap Project is already showing positive dynamics. It is growing day by day. Great and hardworking team ensuring that this platform will be one of the best DeFi, crypto and blockchain technology project. As a new area of financial technology, decentralized finance may reshape the structure of modern finance and create a new landscape for entrepreneurship and innovation, showcasing the promises and challenges of decentralized business models. VaultSwap is one of the DeFi Ecosystems offering unique benefits and features it is also safe and reliable. VaultSwap also aims to provide solutions for Security issues in the current financial system using the decentralized blockchain-based financial model. VaultSwap project with its sound concepts and strong fundamentals is dominating the market and leading from front to new era of cryptocurrency. This type of promising projects are real game changing platforms. VaultSwap is emerging as a big player in this sophisticated market. The smart decision to take is to join this growing platform as early as possible since the early adopters always enjoy the more benefits and bonuses. Do not miss the chance to become part of the best project in 2020.

Project social Links

Website : https://vaultswap.io/
Telegram : http://t.me/VaultSwap
Twitter : https://twitter.com/Vault_Swap
Linkedin : https://www.linkedin.com/in/jasonwrightt
Discord : https://discord.gg/bJy23Rc
ANN : https://bitcointalk.org/index.php?topic=5291703.
Bounty : https://bitcointalk.org/index.php?topic=5291711.0

Author

BTT Name: aksh2596
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1470247