#KingSwap #DeFi $KING #Staking #Crypto #Yieldfarming #Blockchain
Foreword
Any entrepreneur who is fascinated with cryptocurrencies will definitely need an exchange to trade them and increase profits. As cryptocurrencies have gained huge traction over the years and have become mainstream in this era of digitally thriving businesses, thousands of crypto users appear every day. As a result, thousands of new exchanges were created. The two main types of crypto exchanges are centralized and decentralized exchanges.
Centralized exchanges are the most widely used exchanges among investors worldwide. However, this exchange has faced ongoing challenges over the years, such as hacking threats, theft of funds, and other fraud issues. This has led to the increasing popularity of decentralized exchanges (DEX), and investors tend to gravitate more towards them than centralized exchanges because of the multiple advantages involved.
If you are looking to start a business with your own cryptocurrency exchange, a decentralized exchange is the ideal solution to ongoing trends. It is very important for you to understand all about decentralized exchange software, to make a decision.
This blog will help you with that. Let's start from the introduction of KINGSWAP and its vision and mission:
About KingSwap
KingSwap (https://www.kingswap.io/) is a regulated DeFi project based out of Singapore that is introducing a liquidity pool platform with fiat conversions. KingSwap’s high-yield liquidity platform offers extensive staking rewards and digital collectibles. The project is based on Uniswap and set to launch in October 2020.
KingSwap is a new and exciting Decentralized Digital Exchange that challenges the competitive models and protocols of an already successful DeFi protocol – UniSwap. KingSwap is a fork of UniSwap with some new features and the key difference being autonomous community governance.
KingSwap is decentralized finance (DeFi) liquidity pool platform which is an evolution and better than Uniswap and Sushiswap. The solution provided by KingSwap is the ease and convenience of fiat and cryptocurrency conversion for users. KingSwap bridges the world of fiat and cryptocurrency.
On the other hand, KingSwap is paying attention to crypto enthusiasts by building a decentralized exchange platform that brings some new Blockchain community-oriented features to the core design of Uniswap, which provides a real-time user-friendly advantage in terms of price curves and contributor rewards.
The KingSwap protocol is designed in such a way by a professional team, which offers aligned incentives for each participant who joins by introducing strategies such as pool rewards & network effects. This way users can experience real benefits in participating in the network or pool.
KingSwap Features
Convert Tokens to Fiat Currencies: KingSwap allows users to easily convert their tokens to fiat currencies through its "off-ramp fiat conversions" feature. This feature allows users to easily switch their $ KING to FIAT currencies.
Legal: Unlike other DAOs that do not have clear legal support, KingSwap is a platform that pays attention to user convenience. Therefore KingSwap has a legal structure that will provide legitimacy and a reliable regulator that will support the KingSwap team.
Liquidity:
Every time a user participates in providing liquidity into the pool, the user will be entitled to a $ KING token, which allows the user to get a portion of the protocol's fee.
Get rewarded:
Every participant such as swapper and liquidity providers will be entitled to a reward for their loyalty. Rewards can be in the form of 0% card transaction fees, higher interest and merchant benefits like FREE Netflix, Spotify accounts and exclusive members access to worldwide airport lounges, and many others.
UI Interface: The KingSwap platform has a beginner-friendly interface and is almost similar to UniSwap and SushiSwap. So if users have previously used UniSwap or SushiSwap, they will be familiar with the KingSwap interface.
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Kingswap Smart-contract
KingSwap has a smart contract which is named "The Royal Decree" which is intended to facilitate and secure every transaction processed on the platform. The public can view available smart contracts at the following link https://github.com/KingLuigy/KingSwap_NFT
No More "Fishy" Smart-Contract Code!
A few weeks before as we know some news about "Backdoor" Code on the smart contract on one of the DeFi platforms, it was Unicat, which is harm to the community. KingSwap Source Code can be seen by everyone here https://github.com/KingLuigy/KingSwap_NFT, It has been audited by trusted parties and of course provides security for its users beside that no more Backdoor code that trick the community!
KingSwap Token
This is a token intended for High Yield Staking LP. This token will be a reward for participants who take part in liquidity mining. Users can use this token for various purposes such as conversion to fiat, participating in the ecosystem, exchanging goods or services, or others.
Early Adopters Advantage
KingSwap provides NTFs tokens for early adopters. NTFs tokens are non-fungible tokens are used to create verifiable digital scarcity, as well as digital ownership, and the possibility of asset interoperability across multiple platforms. KingSwap provides 3 Tiers of NFTs including, King Tier, Queen Tier, and Knight Tier, each of which has its benefits.
King Token NFTs Presale
For more information, please contact [email protected]
Roadmap
#KingSwap #DeFi $KING #Staking #Crypto #Yieldfarming #Blockchain
The conclusion
Large financial institutions and astute entrepreneurs are rushing to learn more about this exciting technology. However, if you also want to profit from this venture, one of the most important things you need to do is choose the best crypto exchange that is right.
KingSwap is the UniSwap branch that will challenge Sushiswap and Uniswap! KingSwap will provide new features which are not yet available on Sushiswap and Uniswap. KingSwap will maximize the DeFi protocol and become a better Decentralized Exchange platform compared to Sushiswap and Uniswap so that many participating parties can feel the impact of the "real" DeFi
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
Author : haji santoso
Telegram : @hajisantoso
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=2099434
ETH wallet : 0xB3DA1283aE59eC043714c4bEdbd2F10AcF4bc85d