Introduction to LOVELY V3 Swap

Financial industry is a very wide platform that needs utmost attention. Thanks to blockchain technology, decentralized finance has made access to financial services much more easier than ever before. In the past, people pass through various stress before they can access any financial services. Imagine hundreds of customers queuing in the banking hall to do one or two things related to financial services. This can be very time consuming and tedious for a lot of people especially the older ones. Aside the whole stress and time consumption, transaction fees are always on the high side creating so much distress for the users. Decentralized finance had changed many things regarding financial system for the last few years.?

When it comes to transaction fees, transaction speed, and easy access to financial services, Decentralized Finance is leading the chart when compared to the Traditional Financial system. The issue of cumbersome paperwork are also eliminated since everything is automated by the blockchain technology. I assume, this model of finance would probably eradicate centralisation in the next few years to come.?

There have been various kinds of Dex platforms in the industry with many features trying to improve the ecosystem. However, Dex platforms still have some setbacks which are still in plan to be resolved. Developers are definitely trying their best to improve all aspect of the ecosystem, but it has not completely eradicated the problems and challenges faced by people using these platforms. I hereby introduce you to newly developed Dex platform named LOVELY Swap . Although, there have been two versions created until the last one (V3). Even though the first two versions were amazing as a start-up, the newly developed version 3 possesses more benefits when compared to the previous ones. LOVELY V3 Swap is designed to exchange BEP20 tokens on the Binance Smart Chain.

What is LOVELY V3 Swap?

LOVELY V3 Swap is a Multi Chain Supported Automated Market Maker, Implemented first on the Binance Smart Chain.?- Whitepaper

LOVELY V3 Swap which was developed by the famous LOVELY INU platform as one of their products, planned to be Multi-Chain supported, starting initially with Binance Smart Chain. In the nearest future, other chains such as Polygon, Ethereum, and Hecochain would be integrated. LOVELY V3 Swap promised to be simple, easy and user-friendly. A novice or beginner can easily navigate and use the exchange efficiently. Presently, users can now swap their digital assets on the Dex platform without any third party interference.

Summary of LOVELY INU Finance (Parent Company)

LOVELY INU Finance is a decentralized platform which provides financial services to users without third party intermediary. LOVELY INU Finance boast of various already-working products such as Lovely Inu Launchpad, LOVELY SWAP, INSPECTOR LOVELY (Smart Contract Audit Service), and upcoming services such as LOVELY Wallet and LOVELY Decentralised Exchange. The platform promised to provide secure, easy-to-use, and fast ecosystem for Defi Users.

Significant Features of LOVELY V3 Swap

The V3 Version of LOVELY Swap possess some features which are only peculiar to the version when compared to the previous versions. These features are but not limited to;

Concentrated Liquidity – In the previous versions of LOVELY Swap, Liquidity was distributed uniformly along the price curve between 0 and infinity. In the new version, liquidity providers will have the opportunity to be able to concentrate their capital to smaller price interval than zero and infinity.?

Flexible Fees – Swap fees are now based on the tiers on the Dex. Fees are no longer tied to 0.3%, but are rather tied on each pool set on initialization.?

Improved Price Oracle – Another improvement LOVELY V3 Swap has provided is it's upgrade in Price Oracle. This function allow users to be able to query recent price accumulator values.?

Liquidity Oracle – The LOVELY V3 Swap core contract is non-upgradeable where some parameters are totally controlled by governance. Unlike V2, the contracts expose a time weighted average liquidity Oracle.?

Advantages of LOVELY V3 Swap over other Dex platforms

Security – Due to various exploration in many Dex platforms, LOVELY Swap team had taken the pain to develop a decentralized exchange where users can trade without any fear of asset loss. Aside the technology to secure the exchange, the platform will also be audited by a reputable company in the nearest future.?

Interface – The exchange platform is simple and easy to use. It also has an amazing user interface. Infact, a newbie can easily use the platform with little or no experience at all.?

Decentralization – The platform is more decentralised than most Dex platforms outside there claiming a decentralized Platform to users. Here, you have total control of your digital assets.

LOVELY Swap Token Details

Name – LOVELY Swap

Ticker – LST

Network – Binance Smart Chain

Smart Contract – 0x019992270e95b800671d3bc1d763e07e489687b2

Total Supply – 300M LST

Token Distribution

Token Sale

ILO was conducted for 2 hours on Lovely Finance Launchpad the sale was successful attracting more investors with a discount on purchase.?

LST token is currently traded on Pancakeswap, Huobi and Gate.io?

N.B - Apply for listing on LOVELY V3 Swap here

Team

The team are professionally experienced in what can make a proper Dex platform works. Backed by the parent company, LOVELY INU Finance, you can be rest assured that success is certain.

Conclusion

In all honesty, there are various kinds of Dex platforms out there with almost same features, However, LOVELY V3 Swap has come with a different approach when compared to the previous versions and other Dex platforms in the industry. In the new version, various beneficial features have been added for it's user’s enjoyment. The platform is already live, users can trade their Crypto assets and lot more. More developments are also in the pipeline to make the project successful. The LST token is also doing amazingly well in the market. I would implore all crypto users to delve into this rare opportunity to invest in this potential project.

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Author - jerryco

POA