CENTAURSWAP AND ITS VALUE FOR THE COMMUNITY

in centaurswap •  3 years ago 

Every day more and more people are joining this amazing financial alternative called Blockchain or Cryptocurrency, they are impacted by all the opportunities they can use in order to work and generate profits. But, they are failing in the task of finding a really useful platform. Most people trust more in their feelings than common sense and they end up following meme projects, meme coins or some project with no valuable purposes and this is a double edge weapon because those projects never grow and they remain stuck in time.

This behavior is something that must be changed. People must look for projects with a real purpose or value. They must find projects that can give innovation to the community; they must find unique projects who can give benefits to the community.

I think people should take a look at CENTAUR FINANCE https://cntr.finance/ as this platform not only will give value to their users but the whole community by providing them several decentralized products and services that can be placed as a bridge to cover the gap between centralized and decentralized finances.

One of the products of CENTAUR FINANCE that definitely attracts crypto-enthusiasts is CENTAURSWAP. The reason why this tool is such a success is because the structure in its design will solve most of the common issues faced for traders when doing operations on others Decentralized Exchanges.

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The main performance principle of CENTAURSWAP is to provide enough innovation in order to users can work without impermanent loss, with low slippage and with high returns for liquidity providers. In a simple way, It can says that CENTAURSWAP is a revolution within all related to automated market maker.

CENTAURSWAP uses the single side staking in which only one token can be staked and this will prevent exposure to another token as consequence there won’t be differences between token prices. Also it counts with Arbitrage profits in which arbitrageurs are incentivized in order to rebalance liquidity pools when it is needed because of a difference between the internal price and external price. Now with all this mentioned before and the price oracles, users will enjoy a DEX with no impermanent loss and that is something definitely most users want to find in cryptocurrency and blockchain more often.

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It can be concluded that CENTAURSWAP has three points that are going to be key in its performance. Those three points are the three main issues that CENTAURSWAP is going to solve. That is the value added and the benefit for the community. It will use price oracles in order to eliminate impermanent loss; it will build stronger pools with the single side staking feature and it will balance pool in order to minimize slippage.

It is important to mention that CENTAURSWAP liquidity providers will earn WHEY. WHEY is the governance token of CENTAURSWAP and holders of this token will be able to shape the future of the ecosystem.

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CENTAURSWAP now supports both Ethereum and Polygon network but eventually it will handle more networks.

There are two futures implementations that Will help the community to grow and Will capture more supporters. One of these features is the cross-chain interoperability. This is a cool feature because it Will allow users to work and do operations on any network and the other feature is the Yield-Generating Index Fund which Will allow users to find a reliable source of passive income by taking part in trending blockchain sectors through the liquidity pools.

CENTAURSWAP has all needed in order to become in a really functional product that offers unique and innovative concepts but this history doesn't ends here because the team of CENTAUR FINANCE is working hard in order to develop more features that can be functional and can provide benefits to the community.

https://cntr.finance/
https://twitter.com/OfficialCentaur
https://medium.com/centaur

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