FEATURES OF THE LIQIO CRYPTOCURRENCY EXCHANGE
Trading on cryptocurrencies or digital assets comes with many challenges. If you are not struggling to make a good trading decision to avoid the bearish market, you would be fighting to get some tokens, which the whales (possessive investors) are struggling to buy. Therefore, the digital asset trading world is not an easy one to invest in. Nonetheless, when you are making use of a platform like LIQIO, you can be confident that trading on digital assets can be blissful.
UNDERSTANDING THE PROPOSALS OF THE LIQIO CRYPTOCURRENCY EXCHANGE
The LIQIO cryptocurrency exchange was launched with the aim of reducing the hassles that come with trading on digital assets. With well-customized interfaces, a viable digital asset – the LQO Tokens, and a governance system that makes everyone equal, you can be sure that trading on cryptocurrencies/digital assets is indeed exciting.
It is important to point out that the LQO Tokens, which is the primary digital asset of the LIQIO cryptocurrency exchange, has some features to offer. Let us look at some of them to see how they work together to bolster digital asset trades.
Voting Right
Everyone has a valid point to make, isn’t it? So, why would a select few be allowed to make suggestions or inputs? Such a system tends to breed more servants than masters. It is in the light of it that the LIQIO cryptocurrency exchange designed a befitting governance model that encompasses all the participants. The most significant of the features therein is the voting right given to the participants, cum token holders.
The idea here is that every participant, provided such a participant is a token holder, and would be allowed to vote on the platform. It is also important to state that the voting model is patterned to be one vote per token. Hence, if a token holder has 1,000 LQO Tokens in his/her possession and uses the same to vote, it implies that 1,000 votes have been made by such a token holder.
Streamlining the Digital Asset Listing Framework
Another fascinating thing about the LIQIO cryptocurrency exchange is the simplified medium for listing digital assets. It also takes the same voting pattern as mentioned above. In this instance, new digital assets or crypto tokens can only be allowed to be listed in the LIQIO cryptocurrency exchange only if the token holders “said” so by voting.
Ideally, the process is adjudged by the numbers of the LQO Tokens used when voting. Let’s assume it that three token holders with Token Holder A having 2,000 LQO Tokens, Token Holder B having 5,000 LQO Tokens, and Token Holder C having 4,000 LQO Tokens. Token Holder A voted that the IOTA digital asset should be listed by voting with his/her 2,000 LQO Tokens. Token Holder B supported the listing of the Verge (XVG) crypto token with 5,000 LQO Tokens, while Token Holder C voted for the listing of the Stellar (XLM) crypto token using 4,000 LQO Tokens. At the end of the voting process, the Verge (XVG) crypto token would be listed because it received the highest votes of 5,000 LQO Tokens.
CONCLUSION
The LIQIO cryptocurrency exchange simplified trading of digital assets with its range of features, including an intuitive interface and a unique governance model.
USEFUL LINKS
Website: https://liqio.co/
Whitepaper: https://drive.google.com/file/d/1Zq0d0k4-dJWqoVihnLdWLjTrpWX6YROV/view
Telegram: https://t.me/LiqioExchange/
Twitter: https://twitter.com/LiqioExchange
Facebook: https://www.facebook.com/Liqio-101013327984747/
AUTHOR'S DETAILS
Bitcointalk Username: Chomsy
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1759759