DeFi world has made financial services easier for everyone. It has made cryptocurrency more accessible to people worldwide. Decentralized Exchange(DEX) has been introduced through Blockchain network and Decentralized Finance(DeFi) to make trading of tokens easier for members via their wallets. One of the many suitable DeFi products, UniSwap of which Automated Market Making(AMM) is a feature of, still have some challenges that needs to be attended to. [KingSwap]DeFi plans to search for solutions to these challenges Uniswap faces and attach more blockchain community-driven characteristics to it.
The DEX environment is still developing that is why there are numerous almost scam products e.g Sushiswap available in the environment today. KingSwap is inspired by Uniswap and Sushiswap to try harder and develop their platform more. The design of KingSwap is productive and is also improved to give members the best encounter on their platform.
**What is KingSwap ?**
KingSwap is a Decentralized Finance(DeFi) project that is a liquidity pool with added characteristics of the well-liked Uniswap. KingSwap has increased benefits to their platform like conversion of crypto to fiat currency.
This is made easier by putting funds in the King's card to ease transactions on the platform. KingSwap's platform is also user-friendly with benefits generating from price curves and supporter bonuses. Opening LPs can receive 'tributes' from KingSwap protocol before deciding to migrate the liquidity pools.
When users invest extra $KING tokens with the KingSwap platform, they gain extra $KING tokens and free KING card proceedings and are also open to more benefits the platform has to offer like paid spotify when user stakes $KING token for a lengthy period.
There will be reoccuring private airdrops for initial adopters who bought the $KING token after KingSwap is launched. KingSwap obeys Uniswap liquidity pool to award its members by creating access for LPs to gain proceedings charges from swappers.
The platform is legitimate with a trusted token issuer. KingSwap is not an entirely decentralized DAO.
ROADMAP OF KINGSWAP:
—KingSwap's presale of NFT Token first starts in October 2020.
If you're lost on what NFTs mean, have it in mind that NFTs simply means Non-Fungible Tokens. These NFTs are getting gradually popular in the blockchain industry. NFTs can literally tokenize anything that stands out ranting from paintings to company shares. FTs are not the same with NFTs. FTs are Fungible Tokens, and are unclassified from each other.
NFTs can now be used through different projects. KingSwap has brought up a way to utilize NFTs in their platform. There are 3 tiers of NFTs available on KingSwap: King tier, Queen tier and Knight tier.
—KingSwap officially launches in October 2020 and high yields start coming in for users.
—Liquidity migration starts in November 2020. Users can now partake in the pools available on the platform and earn profits for their activities.
—After the liquidity pool transfer event, governance will be transferred to a foundation in November 2020.
—More exciting offers will be available for token holders in November 2020 and the first quarter of 2021.
More Information
KingSwap Website: https://www.kingswap.io/
Discord: https://discord.gg/fD2DrJY
Telegram group: https://t.me/kingswap
Twitter: https://twitter.com/defi_kingswap
GitHub: https://github.com/KingLuigy/KingSwap
Youtube: https://youtube.com/channel/UCAHiU9LLE3cDauSfTWIB97Q
Reddit: https://www.reddit.com/user/Defi_KingSwap
Instagram: https://www.instagram.com/defi_kingswap
Facebook: https://www.facebook.com/King-Swap-112444093946760
Linkedin: https://www.linkedin.com/company/kingswap
Authored Details
Billyhaleym
https://bitcointalk.org/index.php?action=profile;u=2436516