IX SWAP: UNISWAP FOR STOs

in #ixswap • 3 years ago

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Uniswap is the decentralized exchange that greatly changed the view of cryptocurrencies exchange. One could say it opened up a lot of new traders because it brought in a lot of them during their separate versions. The IX Swap platform will be like the Uniswap for STOs. Since the STO industry have not really gone far in providing liquidity solution to the community, IX Swap will try to do a good job at it.

Liquidity pool is very important for any industry because it not only grows the tokens and platform, but provides interests for everybody in the project.
The mission of the project is to provide a solution for all the problems faced by the CeFi and DeFi industry, and also create a liquidity solution for their entire industry. The token industry will need to involve securities in the search of solution because the trading liquidity of STOs all begins from there. This is because there are no licensing agents and market makers for these securities.

The main goal of IX Swap is to make sure that this invisible forms of assets are brought in with the help of Blockchain technology, and to provide a liquidity system for its secondary trading.

BORROWING AND LENDING
The borrower starts by depositing STO as a collateral on the IX Swap, and they only receive the STO assets(collateral) when they pay back what they have borrowed. Once the borrower obtains any loan, they pay back the loan with interests. The lender deposits IXS tokens in the IX Swap and once it is time for repayment, he earns interests for lending to the borrower, and it will serve as passive income for the lender.

  • There is no free access in borrowing or lending against STOs/TSOs. IX Swap will give users the chance to earn profits off their idle assets. It will provide a lending and borrowing platform for users to earn from their IXS tokens.

  • Just like in traditional markets, the loan will be a percent off the asset's current market value.

  • Lenders will receive their original assets plus interest by the borrowers once the loan cycle is completed.

  • A smart contract will be set to release the borrower's collateral(STO/TSO assets) once the loan has been repaid.

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CONCLUSION
The IX Swap will hold the answer to most of the questions that users of the STO industry look for. The liquidity problem and licensing issue will be something of the past once the IX Swap fully comes into the limelight. The team, made up of professionals have done their best in creating this DeFi product in a way that it will benefit all the members of the ecosystem. The platform's token, IXS is also a part of the ecosystem, and has its own functions to handle in the ecosystem. Token holders will earn from holding the token as the growth of the token in the market also means growth of users' portfolios. IX Swap is the solution to bridge the gap between CeFi and DeFi, so users should endeaver to jump onboard and be a part of this unique platform.

USEFUL LINKS
Website : https://ixswap.io/

Litepaper : http://ixs.loc/app/uploads/2021/08/IX-Swap-Litepaper.pdf

Medium : https://ixswap.medium.com/

Twitter : https://twitter.com/IxSwap

Facebook : https://www.facebook.com/IXSwap/

Telegram : https://t.me/ixswapofficial

Linkedin : https://www.linkedin.com/compan

AUTHORS DETAILS

Bitcointalk Username: Vunchan
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2774784;sa=summary
Polygon Wallet Address: 0xC8811C579ed6caCdDb25Bb378887660D3CbD3340

#polygon #crypto #wixs
3 years ago in #ixswap by
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