ABOUT LOVELY V3 SWAP
Lovely V3 Swap is a Non-custodian, Multi Chain Supported Automated Market Maker (AMM) Decentralized Exchange (DEX), first launched on the Binance Smart Chain. This network is Architecture with a high level of security, and it supports Cross chains such as Binance smart chain, Ethereum, Polygon and Solana. Compared to Version 1&2 Swap of the protocol that was first launched, LOVELY Swap version 3 provides far better-increased capital efficiency and boosts control to liquidity providers, improves the accuracy and convenience of the price oracle, and has a more suitable fee structure. LOVELY V3 Swap is One of the products of Lovely Inu Finance that was freshly launched. Other products of lovely inu finance include; Lovely wallet, Lovely Stake, Lovely launchpad, Lovely Exchange etc. but in this article, we shall be focusing more on Lovely V3 Swap & LST token. $LST is the native utility token of the lovely swap ecosystem that comes with a lot of benefits for its holders.
LOVELY V3 SWAP SUPER FEATURES
Compare to the Lovely Swap version 1 & 2, version 3 of lovely swap is loaded with a lot of excellent features which are presented below;
Concentrated Liquidity: Liquidity providers (LPs) will be able to concentrate their liquidity by “bounding” it within an arbitrary price range. This improves the pool’s capital efficiency massively and enables Liquidity providers to approximate their desired reserves curve while being efficiently aggregated with the rest of the pool.
Flexible Fees: With lovely V3, the swap fee is no longer locked at 0.30%. Instead, the fee tier for each pool (of which there can be multiple per asset pair) is set on initialization. The initially supported fee tiers are 0.05% 0.30% and 1%.
Improved Price Oracle: LOVELY V3 Swap allows users to query recent price accumulator values, thus avoiding the need to checkpoint the accumulator value at the exact start and end of the period for which a TWAP is being quantified.
Liquidity Oracle: The contracts expose a time-weighted average liquidity oracle. The V2 Swap’s contracts are non-upgradeable by design, so LOVELY V3 Swap is created as an entirely new set of contracts, available here.
ABOUT LOVELY SWAP TOKEN ($LST)
$LST is the native utility token of the lovely swap ecosystem. The token is Bep20 standard, and it will play a major role in the ecosystem. Once you have this token, users will have more access to all the facilities and benefits of the ecosystem, almost all rewards on this platform are paid in $LST; Majorly, the double rewards in the Sood Farms and Pools sections will pay out in LST tokens. And the token can be staked and farmed, and The token is listed and tradable on Bitmart with the team aiming to list it on bigger exchanges.
TOKEN INFO
Token Name: LOVELY SWAP TOKEN
Token Symbol: LST
Total Supply: 300,000,000 LST
Token Type: BEP20
Contract Address: 0x019992270e95b800671d3bc1d763E07e489687B2
LST TOKEN ALLOCATION CHART
BOTTOMLINE
Lovely V3 Swap is one of the emerging exchanges that has surfaced to optimize automatic market makers and provide more facilities to users. This platform is meant for exchanging BEP-20 tokens for Binance smart network users. It likewise supports other blockchain networks in its goals. The small fee, along with the variety of tokens, profitable earning schemes and other features of this platform, can make Lovely V3 Swap a wonderful choice for users. Of course, it is a fact that the realization of these issues depends on various parameters that will determine its future. Likewise, if you are one of those who prefer the use of decentralized exchanges over the use of centralized exchanges, Lovely V3 Swap is the best consideration for now.
Useful Links
Official Website: https://v3.lovely.finance/
Whitepaper: https://v3.lovely.finance/img/V3-swap-white-paper.pdf
Explorer: https://bscscan.com/token/0x019992270e95b800671d3bc1d763E07e489687B2
Twitter: https://twitter.com/v3swap
Telegram: https://t.me/lovelyv3swap
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