INTRODUCTION
The centralized exchanges, which are widely used today for trading, have shown to be a significant single point of failure for cryptocurrencies due to the seemingly endless number of them suffering hacks, abrupt shutdowns, and seizures. These trades are a constant target for hackers and thieves, and they will keep doing it. Therefore, since our currency is decentralized, we also need decentralized solutions. LOVELY V3 SWAP is here to offer assistance. The secret to realizing the full potential of cryptocurrencies is to enable peer-to-peer (P2P) instant currency exchanges at the users' discretion and without the usage of centralized exchanges.
While there are some systematic risks associated with investing in cryptocurrencies, the LOVELY SWAP team has gone above and beyond to set up a platform that is less dangerous and secures both your funds and your regular business activities. It combines a high-performing launchpad with community support for other initiatives, ushering in a new era for the world of cryptocurrencies.
LOVELY SWAP; THE BEST CRYPTOCURRENCY EXCHANGE PLATFORM IN BINANCE BLOCKCHAIN
LOVELY V3 Swap is a Multi Chain Supported Automated Market Maker that was originally implemented on the Binance Smart Chain. In comparison to the protocol’s V1/V2 Swap, LOVELY V3 Swap offers enhanced capital efficiency and fine-tuned control to liquidity providers, enhances the precision and use of the pricing oracle, and has a more adaptable charge structure.
To exchange cryptocurrencies (BEP-20 Tokens) on the Binance Smart blockchain, users can use the LOVELY V3 Swap protocol, Which is a peer-to-peer system. A set of persistent, non-upgradable smart contracts are used to implement the protocol. These contracts are made to prioritize censorship resistance, security, and self-custody as well as to operate without the use of any trusted intermediaries who could arbitrarily impose access restrictions.
AMAZING FEATURES OF THE LOVELY SWAP PLATFORM
Automated market maker: The majority of openly accessible markets employ a central limit order book method of trading, in which buyers and sellers create orders arranged by price level that are gradually filled as demand changes. Instead of employing an order book, the LOVELY V3 Swap protocol employs an Automated Market Maker (AMM), also known as a Constant Function Market Maker. A quite top level description of an AMM is that it replaces the buy and sell orders in an order book market with a liquidity pool of two assets that are both valued in relation to one another. When one asset is exchanged for another, the relative prices of the two change, and a new market rate for each is established. With this dynamic, a buyer or seller trades directly with the pool as opposed to particular orders left by other parties.
Permissionless system: Because of the protocol’s permissionless architecture, it is impossible to deliberately restrict who can or cannot utilize its services. Anybody may freely trade, offer liquidity, or establish new markets.
Concentrated liquidity: It is possible for liquidity providers (LPs) to concentrate their liquidity by "bounding" it within a predetermined price range. This increases the capital efficiency of the pool while allowing LPs to roughly follow their desired reserves curve and yet be efficiently aggregated with the rest of the pool.
Flexible fees: The 0.30 percent switch charge is no longer guaranteed. Instead, the charge tier for each pool (there may be more than one per asset combination) is decided upon at initiation. The initial supported fee categories range from 0.05 percent to 0.30% to 1 percent.
Improved price oracle: By giving customers the ability to access recent price accumulator values, LOVELY V3 Swap eliminates the requirement to checkpoint the accumulator value at the precise start and end of the period being measured.
Liquidity oracle: The contracts display an average liquidity oracle that is time-weighted. Because the V2 Swap’s contracts cannot be upgraded due to design reasons, the LOVELY V3 Swap is implemented as a completely new set of contracts, which are available here.
BENEFITS OF THE LOVELY SWAP PLATFORM
It is fully decentralized, that means users can conduct peer-to-peer transaction without the intervention of financial institution.
It is very secured and risk free.
It is a very transparent platform thereby building the confidence of owners and investors
It is a long term investment platform, users can invest now and hold and in long term it will grow to higher profits
TOKENOMICS
Token name: LOVELY SWAP TOKEN
Token symbol: LST
Total supply: 300,000,000 LST
Blockchain: Bep 20
TOKEN DISTRIBUTION
40% to development
20% to marketing
15% to buy back lovely
10% to liquidity
10% to listing
5% to reward program
CONCLUSION
LOVELY V3 Swap is an unique AMM with low impact on gas inefficiency and liquidity fragmentation that gives liquidity providers more discretion over the price ranges in which their capital is utilised. This design is not predicated on any accepted notion of how token prices would behave.
As the name implies, it is a LOVELY platform that will benefit all cryptocurrency traders all over the world.
USEFUL LINKS
Website
Telegram group
Launchpad group
Telegram channel
#PROOF OF AUTHENTICATION
Forum Username: Rudyanto88
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=1949732
BSC Wallet Address: 0x5F1A6E58E31db797f341672245b15C68a4a7507A