IX Swap: An Evolution To The Security Token Industry

Blockchain and cryptocurrency technology is still in it early stage but the milestone that it has achieved is so unprecedented, one of the major milestone includes the deployment of Automated Market Makers (AMM) and Decentralized Finance (DeFi) liquidity pools. AMM is a decentralized asset exchanging protocol that relies on mathematical formulars to price assets using blockchain smart contracts, anyone from anywhere can participate in providing liquidity pools for the automation algorithm and they will earn from the benefits of DeFi.

Before the advent of AMM, decentralized exchanges (DEX) were known to be suffering from one major bottleneck which is the near absence of trading liquidity. The introduction of AMM protocols such as Uniswap and Pancakeswap protocols brought about a huge, stable and reliable liquidity to decentralized exchanges with lots of benefits for decentralized finance enthusiasts.

One key benefit that every blockchain enthusiasts appreciates about cryptocurrencies is the idea of privacy and securities, now a lot of enthusiasts knows that due to regulatory frameworks, AMM are only know to power liquidity circulation for only utility tokens without any concern for security tokens. IX Swap, an AMM protocol for STO tokens will bring about the era of automated liquidity for security tokena.

Introducing IX Swap

IX Swap is a DeFi product that is designed to automated power liquidity pools by creating an avenue for STO tokens holders to stake their tokens and become liquidity providers in it AMM swap protocol. Liquidity providers gain from the fees that are generated from various swaps.

IX Swap have been designed to include an insurance mechanism against impermanent loss (IL) for liquidity providers in the sense 8% of the total asset that is allocated for ecosystem rewards have been set aside to help reduce this effect. Impermanent loss is a situation that befall liquidity providers when there is a huge difference in the value of their assets compared to when they deposited them in the liquidity pool, the greater the difference, the greater the effect. An insurance policy such as this will certainly do well in mitigating IL effects.

Asides the 8% platform reward funds that is set aside for IL insurance, 5% of all the fees generated from swaps and 50% from penalties as a result of early removal of liquidity by providers will also be sent into IL insurance funds.

IX Swap Borrowing & Lending Feature

DeFi have brought about a paradigm shift in assets borrowing and lending but many of the platforms that power it are only focus on providing services for fiat and utility tokens with no attention is given to STO tokens. IX Swap will deploy a borrowing and lending protocol that will empower STO token holders to seamlessly put their idle funds into work.

Similarly to common practices, IX Swap loans go out in percentages of the assets current market value, allowing lenders to receive back their assets with interest from borrowers once the loan cycle have been completed. STO tokens collateral are held by smart contract and are released the moment loan conditions are fully met.

IX Swap Token (IXS)

IXS is the primary utility asset that will be utilized to power the operation of all economic activities within IX Swap project ecosystem. 60% of IXS total supply will be distributed as rewards and incentives to the ecosystem contributors.

IXS token features an aggressive deflationary economic mechanism that is inbuilt together with an on-chain governance capabilities for a seamless management and implementation of changes that are proposed by the community.

Meet The Team

Project Partners & Supporters

SProject Development Timeline

In Conclusion

All kinds of cryptocurrencies have recorded a huge growth in adoption and market valuation, however due to regulatory issues, the major benefits of DeFi such as AMM, lending and borrowing are not enjoyed by enthof STO tokens. IX Swap, powered by IXS will unveil the full benefits of DeFi for STO tokens enthusiasts to utilize. Do follow the official links i provided below for much more into the solution that IX Swap is deploying, thanks.

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Forum user: thefreethinker

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