INTRODUCTION
A token swap takes place when cryptographic funds is moved to a different blockchain at an already assumed rate. Token swap takes place when a crypto investment leaves its personal blockchain and decides to transfer it's tokens from one particular blockchain to another. Sometimes, the crypto investments don't have their own blockchain but just chooses to transfer their tokens to another level. After the swap takes place, the former tokens are extracted from the recent ones. Uniswap has been in existence for more than two years. It is a decentralized exchange(DEX) employed in different DeFi investments.
The SwapHub users are rewarded with HUB tokens by granting liquidity to the reserve pool. Even when the users do not participate in the setup of liquidity, and they have HUB tokens at the moment, they can hang onto the claim to get a portion of the SwapHub gathering disbursement as reward. Most of the SwapHub users are suppliers of the Uniswap liquidity, so SwapHub made it possible for the significant distribution aspect to simplify the movement of the suppliers of Uniswap liquidity to SwapHub.
Whenever SwapHub is prepared, a ballot would be cast to finalize the involvement of a resolve pool and lift the burden off the store pool HUB which is going to be determined by every user.
OVERVIEW
SwapHub employs the Uniswap protocol to develop the community. SwapHub will pass through a transfer where all the users in their ecosystem will obtain all the Uniswap LP tokens that is situated on SwapHub and the group of tokens on Uniswap will be swapped with the help of a smart contract. In the nearest future, SwapHub seeks to advance the protocol of Uniswap and improve it for community use. They would also strive to implement not only Uniswap protocols but also other DeFi system features. Thereby, making SwapHub to gradually become the future DEX ecosystem.
SwapHub is different from other DeFi platforms through their token distribution. As token distribution makes it possible for liquidity suppliers to effortlessly transfer to SwapHub.
—The project makes sure that 5% of all the HUB tokens distribution is stored for the development at SwapHub.
—200,000 blocks for five weeks will be the starting making reward phase in which double rewards will be disbursed to each block.
— SwapHub prevents the situation of Sushiswap's failed security system by modifying its contracts.
— SwapHub rewards distribution would enable token providers earn 0.25% and the remaining 0.5% will be disbursed to HUB token holders after it is transformed to HUB.
Swaphub Official Links :
Website : https://swaphub.finance/
Whitepaper : https://medium.com/@swaphub/about-swaphub-49c45ba60e8d
Medium : https://medium.com/@swaphub
Twitter: https://twitter.com/swaphubfinance
Telegram : https://t.me/swaphub
Publishers Details :
Bitcointalk Username : Balili
Bitcointalk profile Link : https://bitcointalk.org/index.php?action=profile;u=2659344