For all of the liquidity pool providers out there, here comes one of the most convenient and aggregate services named SpaceSwap. It unites all the major DeFi protocols in a one-stop station. The project attracted a lot of attention from the very start, thanks to its outstanding features and the promise it offers.
Firstly, it changes the principles of Yield Farming as they stand. While Uniswap brings in earnings for as long as holders keep their assets in its liquidity pools, SpaceSwap’s pools bring their holders profits from all of the DeFi protocols simultaneously.
Secondly, the SpaceSwap team received a lot of early requests due to their unique multi-layer incentives model.
Core products in SpaceSwap's ecosystem:
● Interstellar: This is the main SpaceSwap product that was launched with MILKy planets.
● Galaxy: It is a voting system that was implemented in the SpaceSwap ecosystem. The project team states that it’s always up to the users to decide which pools they’d like to see. This will help to raise the level of transparency within the platform and encourage new promising projects to put their pools to the vote.
● Shake Blender: This is a place where one can exchange your MILK2 for the SHAKE super coin. It’s very limited and is growing significantly.
● Gravity: Gravity is a platform that has been created for Yield Farming. It was designed with the intention of bringing stable coin prices closer to their peg. The farming scheme lies in the fact that below-peg stable coin pools are more rewarding than above-peg ones. This motivates people to sell their above-peg stable coins and buy below-peg ones.
● Governance: All the products are community-driven. The governance allows users to vote on all the changes within the SpaceSwap platform.
● Shadow Stalking: This is a brand new way to stake LP tokens. All tokens are kept by the users, which makes the staking process more secure and transparent. Moreover, there’s no need to send tokens back and forth, making this product almost Gasless.
● Index Token Platform: The Index Token Platform allows users to earn profits by tracking the latest changes in the market. Each of these products serves a different purpose within the ecosystem.
Adding LP tokens to the Milky Planets (Farming Tools)
Adding LP tokens to the milky planets is easy with SpaceSwap Interstellar. Once users provide their LP tokens, they start to farm MILK2 tokens. As an LP, it is important to understand that you may be exposed to "Impermanent Loss" when providing liquidity. Users enter into farms of their choice. When farming, users receive a new distribution of MILK2 with each block. It is not a fixed return, it is not a promised return, it is not financial advice - it is based on ETH returns.
Yield Farming
Yield Farming is responsible for LP tokens listing. The total number of projects listed is 9. These projects are re-elected according to the rules of the Galaxy voting process. Here the main target is new promising projects. SpaceSwap helps DeFi project newcomers to build up their community and provide it with incentives for adding liquidity to Uniswap pools, holding and buying their tokens. It's not simple to get listed on our platform. However, it is accessible to high-quality, promising projects that the community is ready to vote for. We provide regular interchangeability of the projects through the voting system, giving a chance to all worthy candidates.
SpaceSwap includes a user interface that enables access to an online, decentralized and autonomous protocol and environment that renders price information and autonomous smart contract mechanisms of digital tokens or digital assets (Virtual Currency), provides facilitation of liquidity pools for market-making and decentralized lending via tokenization of peer to peer loans, provides API-raw execution Virtual Currency data. With all of these features, SpaceSwap is trying to enrich its services and customer satisfaction.
Contact With Us:
Website : https://spaceswap.app
Telegram : https://t.me/SpaceSwap
Twitter : https://twitter.com/spaceswapdefi
Join Discord : https://discord.com/invite/r6RymJj
Github : https://github.com/spaceswap
Authorship
BitcoinTalk username : nerobmon130
My Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=2578561
ERC-20 WALLET Address: 0x2da04fe82db0598bFE257382ef8fb1ED0bb9b0a8