KINGSWAP: A CONCEPT FOR SWAPPING AND CRYPTO PAYMENT SOLUTION

in #defi4 years ago

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INTRODUCTION

The blockchain is constantly growing and is growing into a perfect picture of Decentralization and so there is need to improve on the current structure of payments and other features for a greater evolution which has been sought after for a long time. There is a limit to what can be achieved under the control of centralized structures and there is need to design new decentralized finance structure which would cause a degree of improvement and sophistication at the same time. This is what Kingswap emerged for.

WHAT IS KINGSWAP ?

This platform is a great revolutionary platform with great decentralized features and having formed a new concept of crypto swap on the blockchain for users. It is a platform that provides a better solution to all of the financial activities done on the Decentralized finance network. It is an improvement on uniswap and a solution that can be improved on in such a better way on DeFi.

THE SOLUTIONS OF KINGSWAP

This platform offers off ramp conversion of fiats to digital currencies and makes it very convenient for users to convert from one currency to another one with so much ease in the process.

The features of the platform can also be regarded as part of the solution which has been added to the community. The community oriented features are part of the core design of Kingswap with which they can get rewards and make significant contributions as they enjoy the user friendly interface.

The benefit that would be derived from this platform will provide a sort of book and will regulate the price curves for the contributors to get rewards.

This protocol has built its platform with incentives aligned to the platform using special strategies offering such incentives to the users. The pool reward incentives as introduced will be a great deal for the users.

The $KING token provision is a problem solver for the participants especially in the aspects of payments making because of the relevance it has and how it was designed to be the main feature in the Kingswap platform.

This platform will supply excess of the $KING token in the ecosystem, minting per each block and supplying up to about a billion of the token.

In Kingswap, each of the blocks will have a total of 10,000 $king token in them minted according to the period of minting that is already ascertained by the team.

This platform is almost similar to uniswap but there is still a spelt difference. Kingswap was made to be an advanced version of the uniswap protocol so it is possible to still find so many features similar but understand that they are not the same.

CONCLUSION

One of the difference is seen in the way kingswap does its liquidity pool migration. Kingswap implements other layers and improve using the latest technological developments which is far above what sushiswap has been able to do. It is very easy to use the kingswap platform especially through the contract for effective guide to the essential operations.

USEFUL LINKS
Website: https://kingswap.io/
Twitter: https://twitter.com/defi_kingswap
Discord: https://discord.com/invite/fD2DrJY
Github: https://github.com/KingLuigy/KingSwap
LinkedIn: https://www.linkedin.com/company/kingswap
Telegram: https://t.me/kingswap

AUTHOR'S DETAILS
Bitcointalk Username: Zandyoby
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2767311