Recently launched meme-based cryptocurrency Lovely V3swap is currently ranked among the top coins on Bitmart Exchange in recent times.
After its launch, Lovely V3swap is the fastest growing meme based cryptocurrency and has broadened its horizons to provide a variety of financial services including crypto exchange, multi-currency wallet, game platform , multi-launcher (ILO platform) and more.
Lovely V3swap is a fully decentralized and community based cryptocurrency with many attractive rewards for its holders.
Lovely V3swap is community owned which is why they encourage community driven efforts regarding marketing, development, management and more.
To date, they account for over 30,000 holders and believe in developing open communication with holders so they can keep a close eye on the coin's daily growth.
Lovely V3swap was founded by a team of members that have grown to over fifteen community managers with expertise in marketing and product development.
They have ensured that the team is committed to building an open, transparent, efficient, secure, innovative and collaborative ecosystem for users around the world.
What is the LOVELY V3 SWAP?
LOVELY V3 Swap is a Multi Chain Supported Automated Market Maker, Implemented first on the Binance Smart Chain. In comparison to V1/V2 Swap of the protocol, LOVELY V3 Swap provides increased capital efficiency and fine-tuned control to liquidity providers, improves the accuracy and convenience of the price oracle, and has a more flexible fee structure.
Nice exchange
This is a decentralized exchange (DEX) where users can exchange BEP 20 LST tokens for BUSD and BNB. It is one of the largest and most secure DEXs in the world and serves as a platform where holders can develop various functions.
Good bet
This is the official NFT/Defi marketplace where holders can lock up their LST tokens to earn exclusive NFTs featured by artists who are part of the community.
Nice launcher
It is one of the safest launchers with guaranteed investment and 2x guaranteed return. In addition, it provides initial liquidity offer with only $LST without any central point of failure.
Great live casino
This is one of the long-awaited features of Lovely V3swap that will provide users with a live casino-like experience with a very attractive and user-friendly interface. It allows users to play Live Casino with a Vegas-like experience!
This will be a centralized cryptocurrency exchange specially designed for the Lovely V3swap family, which will be released separately for both Android and iOS users. It allows Lovely Holders to have a smooth experience in different crypto exchanges on a single platform.
Pool Fees Tiers
LOVELY V3 Swap introduces multiple pools for each token pair, each with a different swapping fee. Liquidity providers may initially create pools at three fee levels: 0.05%, 0.30%, and 1%.
Breaking pairs into separate pools was previously untenable due to the issue of liquidity fragmentation. Any incentive alignments achieved by more fee optionality invariably resulted in a net loss to traders, due to lower pairwise liquidity and the resulting increase in price impact upon swapping.
The introduction of concentrated liquidity decouples total liquidity from price impact. With price impact concerns out of the way, breaking pairs into multiple pools becomes a feasible approach to improving the functionality of a pool for assets previously underserved by the 0.30% swap fee.
SWAP FEE
Swap fees are distributed pro-rata to all in-range liquidity at the time of the swap. If the spot price moves out of a position’s range, the given liquidity is no longer active and does not generate any fees. If the spot price reverses and re-enters the position’s range, the position’s liquidity becomes active again and will generate fees.
Swap fees are not automatically reinvested as they were in V2 Swap. Instead, they are collected separately from the pool and must be manually redeemed when the owner wishes to collect their fees.
Most publicly accessible markets use a central limit order book style of exchange, where buyers and sellers create orders organized by price level that are progressively filled as demand shifts. Anyone who has traded stocks through brokerage firms will be familiar with an order book system.
The LOVELY V3 Swap protocol takes a different approach, using an Automated Market Maker (AMM), sometimes referred to as a Constant Function Market Maker, in place of an order book.
At a very high level, an AMM replaces the buy and sell orders in an order book market with a liquidity pool of two assets, both valued relative to each other. As one asset is traded for the other, the relative prices of the two assets shift, and a new market rate for both is determined. In this dynamic, a buyer or seller trades directly with the pool, rather than with specific orders left by other parties. The advantages and disadvantages of Automated Market Makers versus their traditional order book counterparts are under active research by a growing number of parties. We have collected some notable examples on our research page.
End
Lovely V3swap combines the best features of both worlds. On the one hand, it is a cryptocurrency that can be exchanged for goods and services like Bitcoin and Ethereum. On the other hand, it also possesses a built-in deflation mechanism that also encourages long-term investment. Lovely V3swap ensures that their regular holders benefit in various ways, such as keeping LST tokens in their wallets.
https://v3.lovely.finance/
https://t.me/lovelyv3swap
https://t.me/lovelylaunchpad
https://t.me/inspectorlovely
https://twitter.com/v3swap
https://dapp.lovely.finance/?lovelyup...
#BSCGems #BinanceSmartChain #altcoin
#lovelyinu #lovelyinufinance #lovelyv3swap
- User: acsalles
- Wallet: 0x9b056EFF34cF850BC7B20a54f52Bdc09C4Fe5A7E
good article
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thank you for share
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The features are very attractive, it attracts me to want to use
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sure
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This is a smart project,
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The article has a lot of useful information about the project
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good review
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