KingSwap: A platform that offers the best in liquidity mining
The DeFi world has largely grown and many products can now be seen within it. DeFi means Decentralized Finance which means a crypto network where financial apps are designed on principal blockchain network.
DeFi uses blockchain technologies like smart contracts to take the place of intermediaries with program codes. The digital resources are published using Ethereum codes that has features like smart contracts.
KingSwapis a Singapore based DeFi project that has introduced fiat conversions in its liquidity pool platform. Users can become either Liquidity providers or swappers on the platform.
Liquidity providers send equal value of the token for the same value of another token in the pool.
KingSwap doesn't need a third party or centralized body to run. Although, it is not a fully decentralized DAO community because it makes use of a token regulator that helps to keep order around the project. The standard employed by KingSwap which involves LP building liquidity pools is responsible for the elimination of intermediaries.
KINGSWAP NFTs
What do we understand NFTs to be? They are also known as Non-Fungible Tokens and it helps to tokenize products which can be made evident. Non-Fungible tokens might include songs, identity etc. Cryptoworld lovers believe that soon NFTs will be highly exposed and known in the blockchain world. There are so many ways being introduced to benefit from NFTs, one of which is buying them. KingSwap platform wants their members to profit more from their platform, so they have decided to buy NFTs. The NFTs are delivering 3 NFT tiers. Any user that buys one of the three kinds of NFTs get to enjoy loyalty rewards through the KingSwap token that will be distributed on the KingSwap platform.
- King Vamp: The purchasers of this kind of NFTs will be a part of the 60% of allocation to be distributed to members by the KingSwap's platform in KingSwap's token and also any prospective program that wants their project to be put up on the KingSwap's Decentralized Exchange.
- Queen Sparkle: The purchasers of this kind of NFTs will be a part of the 30% of allocation that will be shared to users by KingSwap via $KING and also appreciate the benefits that comes when a project airdrop comes in.
- Knight Lancelot: The purchasers of this kind of NFTs will be a part of the 10% of allocation disbursed to members by KingSwap through their KingSwap token and also enjoy benefits from future airdrops.
TOKEN:
Its token is called $KING and it is published as a High Yield Staking LP token model which is usually adopted as a prize for liquidity mining. They are also known as 'earning tributes'. $KING allows its members to partake in the system for a long time and earn profits from it. Its token possessors can use $KING to trade for other assets or circulation from LPs. The value of $KING is seen at 10,000 $KING for each block. $KING tokens for each block will be shared to the users depending on the agreement made. 1 NFTs is at 0.2-10 ETH.
MORE INFORMATION:
Website: https://www.kingswap.io/
Discord: https://discord.gg/eZu4Tv
Telegram group: https://t.me/kingswap
Twitter: https://twitter.com/defi_kingswap
GitHub: https://github.com/KingLuigy/KingSwap
Reddit: https://www.reddit.com/user/Defi_KingSwap
Instagram: https://www.instagram.com/defi_kingswap
Publishers Details :
Bitcointalk Username : Bukalala
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=2835402