iStaff Posted July 4, 2023 Share Posted July 4, 2023 Revolutionising Decentralised Trading with Limit Order DEX and Lucrative Rewards The traditional liquidity pooling landscape is about to face a disruptive force in the form of SwapDex. This ground-breaking blockchain platform combines decentralised liquidity pools with innovative features that empower liquidity providers and reward NFT holders from transaction fees. With its unique ecosystem, SwapDex aims to surpass conventional Automated Market Makers (AMMs) by introducing a limit order decentralised exchange (DEX) and offering fast, cheap trading of multiple assets from many well known chains. SwapDex is poised to become the next big decentralised trading option, highlighting its advantages over conventional AMMs and its potential to revolutionise the trading experience while allowing traders to stay off centralised third-party exchanges. Decentralised Liquidity Pools: Empowering Liquidity Providers SwapDex's first pillar is the provision of liquidity through decentralised liquidity pools. Unlike traditional centralised exchanges that rely on order books, SwapDex leverages liquidity pools to facilitate trading. The protocol incentivises users to become liquidity providers by offering them a substantial 60% return of all the trading fees collected. This approach ensures the availability of liquidity for various token pairs, as anyone can contribute and participate actively in the liquidity provision. By empowering liquidity providers, SwapDex promotes a more inclusive and robust trading ecosystem. Pool Asset NFTs: Rewards for NFT Holders To initiate the trading pools on SwapDex, the platform introduces 100 unique Pool Asset NFTs onto its NFT Marketplace. These NFTs represent pools and provide exclusive opportunities for holders to receive trading fees to be given back as these NFT are embedded into the chain's protocol allowing for fees to go back to holders. With every trade executed on the platform, 30% of the total trading fees are distributed among the Pool Asset NFTs in a decentralised manner without control from any central authority. This unique concept of NFT ownership with liquidity provision enables projects to start liquidity for their token and offers users a chance to generate trade fees from trading simply by holding these NFTs. This innovation encourages engagement and participation within the SwapDex ecosystem. Limit Order DEX: Trading Like a Centralised Exchange Conventional AMMs are known for their simplicity but lack the ability to execute limit orders. SwapDex addresses this limitation by introducing a limit order DEX, enabling traders to set specific price targets and execute trades accordingly. This feature brings the flexibility and control of traditional centralised exchanges to the decentralised landscape. Traders on SwapDex can enjoy the benefits of executing trades at desired prices, enhancing their trading strategies and minimising slippage. Fast and Cheap Trading of Multiple Assets SwapDex is committed to providing traders with a fast and cost-effective trading experience. By leveraging blockchain technology and optimising its infrastructure, the platform ensures quick transaction confirmations and minimal transaction fees. This efficiency is particularly crucial in a rapidly moving market, where delays and high fees can significantly impact trading strategies. SwapDex's focus on speed and affordability positions it as a competitive alternative to centralised exchanges, providing traders with a seamless trading experience for multiple assets. API Integration and Market Making Opportunities SwapDex understands the importance of market making and offers traders the ability to plug into APIs for seamless integration. This feature enables market makers to provide liquidity and participate in the trading ecosystem without relying on centralised third-party exchanges. By facilitating direct access to liquidity pools and offering market making capabilities, SwapDex empowers traders and enhances the overall liquidity and efficiency of the platform. The Sustainability and Growth of the Ecosystem SwapDex's approach ensures the sustainability and growth of its ecosystem. By allocating 10% of the trading fees to the treasury in the same way as the fees are distributed through decentralised on-chain protocols the platform builds a reserve for future project disposal and community rewards. The treasury reserve allows developers and users to support and expand their services, develop new features, invest in strategic partnerships, and incentivise the community for their contributions to the platform's success. The treasury acts as a backbone, enabling the chain to continuously innovate and provide exceptional decentralised experiences. SwapDex represents a significant leap forward in the world of decentralised trading. Through decentralised liquidity pools, NFT rewards, a limit order DEX, fast and cheap trading of multiple assets, API integration, and a sustainable treasury, Swapdex offers a compelling alternative to conventional AMMs and centralised exchanges. With its innovative decentralised features and user-centric approach, SwapDex has the potential to reshape the trading landscape by providing a decentralised platform that combines the benefits of centralised exchanges with the security and transparency of blockchain technology. Traders and liquidity providers alike stand to benefit from Swapdex's disruptive and rewarding ecosystem, making it a promising contender as the next big decentralised trading option. SWAPDEX LINKS: SwapDEX Website Official: https://swapdex.network/ SwapDEX Blog: https://swapdex.network/blog/ Twitter Official: https://twitter.com/SwapdexO Telegram Official: https://t.me/officialswapdexgroup Instagram Official: https://www.instagram.com/swapdexofficial Facebook: https://www.facebook.com/swapdex YouTube: https://youtube.com/channel/UCSeVQXDI3kdDS_U0gWBgmgQ SwapDEX Dashboard: https://app.swapdex.network/ BUY SWAPDEX CURRENTLY ON PANCAKE SWAP: SDXb/BNB https://pancakeswap.finance/swap?outputCurrency=0xa4d92138537bB0bbeaEab095381Be422D785E7C4 SDXb Contract Address 0xa4d92138537bB0bbeaEab095381Be422D785E7C4 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.