Liquidity pool

in #wafrica6 years ago

Globally today the world is leading to a world of drastic change whereby crypto currency exchange is becoming the major means of exchange.Thereby trade.io platform is to make exchange platform easier faster and better.
TIO LIQUIDITY POOL
Liquidity pool can also perform functions of the lending pool which makes it work in accordance of the lending pool. Beginners and participants are to make use of their TIOs as a pass key to there LP.
After the liquidity pool as been launched beginners and existing participants have the reserved right to loan assets to LP .
NOTE : The assets are to be converted and will held in USD untill participants function in the pool.
In reference to the TIO which is required to access the LP and these may be used for Lending.
The participants will have the choice and option to contribute or invest to the LP with other or various asset,which include fiat and other endorsed crypto currencies.
NOTE:In return of the loaned assets contributed to the LP ,trade.io would pay interest as rewards to participants for their participation.Participants would get in full all form of assest contributed once they decide to exist the LP.
The importance of the liquidity pool is for participants to know that benefits from the LP are not related to the Trade Tokens (TIO).
WHAT DOES THE POOL COMPRISES OF

  • The seed of capital of up to $50million USD will be provided by trade.io.
  • The frontline risk capital will be handle by trade.io
  • The balance sheet of the TIO and the balance sheet of the customers TIO.
  • 50million reserved trade tokens would cover the risks of the participants and provide additional liquidity.
    HOW CAN I JOIN AND PARTICIPATE ON LP
  • A minimum of 2500 trade tokens are needed by participants to be eligible to join.
  • Click on the LIQUIDITY POOL BUTTON which will be available via the TIO exchange members area.
  • Participants can choose to leave or join the LP during the appointed entry or exit time.
    HOW DOES POOL GENERATES IT INTEREST FOR IT PARTICIPANTS
  • Participants lend their TIOs and other asset to the LP for trade.io to make market.
  • The 50%funds generated from the operations and the utilisation of the LP asset will be shared proportionally to participants as a form of interest.
    *The interest will be distributed to participants of the LPin form of various asset that as been generated.These tends to include BTC ,ETH and more crypto currencies depending on the accumulated asset.
    HOW I BENEFITS FROM POOL?
    *Participants return is determined by the following:
    °how much you contribute
    °how many people you met on the pool
    °your tier level
    *Without any compatibility problem your funds appear in your wallet
    WHAT ARE THE RISKS OF JOINING POOL
  • Been declared of insolvent of trade.io
    *Cost involved in locking your TIO and other assets for 24hrs.
    *When loss is made by trade.io nothing would be added and reduced from your wallet .

NOTE: LIQUIDITY POOL IS SCHEDULED TO GO LIVE FOR A MINIMUM OF ONE MONTH AFTER THE EXCHANGED AS BEEN LAUNCHED.

Sort:  

To get upvote from @wafrica, the post needs at least 300 characters! Please describe your work in detail ;-)

Congratulations @oladare! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

Do you like SteemitBoard's project? Then Vote for its witness and get one more award!