Lovely Swap _ Best AMM to Witness

Introduction

Decentralized Automated Market Maker (AMM), Non-Fungible Token(NFT) and a Binance Smart Chain protocol available for a single project, Sounds amazing right?!! Think of trades executing itself using the Smart contract protocol without having to wait for any centralized body to provide liquidity, furthermore running on a Binance Smart Chain technology simply implies lower transaction fee as well as NFT for those who are willing to pocesses Digital Collectibles. What more could be asked for?! I’ll be introducing one of the best AMM platform (Lovely SWAPS) in this article but before then; Token Swap, Automatic Market Maker, Yield Farming, Staking, Liquidity Pool and many more and features and terminologies that are peculiar to decentralized exchanges. Even though some of the features are possible on centralized exchanges, the freedom, liberty and dexterity Decentralized exchanges uses to execute these features is quite breath taking, not to talk of the level of privacy involved which is desired by millions of traders.

What is Automated Market Maker (AMM)

Thus simply refers to underneath protocol utilized my decentralized exchanges operating autonomously and eliminates the need for any form of centralized body, allowing two users make transaction and eliminating the involvement of third parties to facilitate exchange. The success of AMM can not be overemphasized. Using The market Maker system I.e. liquidity provider that allows match for trading and exchange, Centralized exchanges create an automated system that matches Mr. A (Selling) with Mr. B (buying) but the question is what if there isn’t adequacy in the amount or perhaps availability of buyers without anyone willing to sell. This often lead to low liquidity and extreme volatility of such token price. On the contrary AMM allows users to detonate to liquidity pool and with the efficiency of Smart contract peer-to-contract in contrast to peer-to-peer can be executed. At the expense of donation, passive income is earned from the transaction by liquidity providers.

Significance of AMM in DeFi

A number of benefits is being enjoyed utilizing AMM. Some of which are;

* Lower transaction fee

* Elimination of any intermediary which can probably slow down transacts

* High liquidity availability which is somewhat needed to keep a healthy trading system .

* Reduction in high volatility of token's price.

On this basis Lovely swap will be utilizing (AMM), coupled a Binance Smart Chain network to provide the best for traders.

Lovely swaps overview

Lovely swap is a decentralized platform with one of the best AMM system, equipped with NFT and running on Binance Smart Chain for a more friendly trading atmosphere and project support. As a trader finding potential projects early and partnering with them through staking farming and overall trading on Lovely swaps won’t be a tedious task and as a project, best support to grow your platform such as friendly display, resource connection grow fund, arbitrage support and entertaining activities are made available. Further more instant swap of tokens without need for enormous processes such as creating an account or registration . Unlike centralized exchanges Lovel Swapsoesn’t hold your funds when you trade and to crown it all lower fees rate.

Why Binance Smart Chain (BSC)

Over years Ethereum Smart Chain as been in use by many DeFi projects until the emergence of BSC which promises and fulfilled improvements In most demanding features like;

* BSC is repeatable in terms of low gas fee for transactions coupled with the fact that it’s AMM equipped system much more lower transaction fee experience actually.

* Largest DeFi audience and users for optimum liquidity provision and;

*Faster rate of transaction compared to other chain networks.

Benefits of Lovely Swaps?

Benefits for Traders

For seasoned traders, they would be able to locate potential projects on the exchange, participate in them and support them to be able to expand to robust projects. The traders would be able to make this possible by staking, farming and trading the new assets, increasing liquidity thus the reliability of the project.

Lower fees

The fees are meagre since lovely swaps runs on Binance Smart Chain. The fees here are relatively cheaper in comparison to Bitcoin or Ethereum. This brings a sigh of relief.

Trade

Trades and swaps here are executed instantly since no account or registration is needed.

Earning Rewards

You can earn Lovely v3 Tokens and other assets in lovely swaps by indulging in the numerous activities featured on the platform. Activities such as trading, Yield Farming, Staking Pools, Trading fees (Earning from trading fees is carried out when traders stake their tokens in liquidity pool (LPs). This is executed with a high interest rate.

Lovely Swap Farms -

Lovely Swap allows you to earn rewards in the form of tokens and share in transaction fees by adding tokens to our liquidity pools.

Decentralized

With Lovely Swaps you are 100% in control of your funds; you are responsible for the security and in many cases the calibration of the transaction fees. You can also trade directly from your wallet. This is in contrast with centralized exchanges where the exchange authorities manages and supersedes every decision and actions that are being executed in the exchange.

Growth Funds

I am really fascinated with this feature. The core team buys back Lovely tokens in the market on a weekly basis with the 0.05% they charge from the trading fees. The team uses the assets to award successful project!

Binance Smart Chain

The core team’s decision to employ Binance Smart Chain in the execution of Lovely Token’s transactions is appluadable. Binance Smart Chain has a class in the likes of Ethereum ,?it is super cheap and it has a fast transaction speed.

Qualities Of Lovely Swaps Pool

First Quality: Zero Gas Fees

In lovely swaps pool, pool tokens are executed without any gas fees and at a lightning transaction speed. The speed efficiency does not cause any inflation in gas fees.

LOVELY SWAP TOKEN (LST)

LST is the native token of Lovely Swap. Tokenomics plays a crucial role in the success of any crypto project. Lovely Swap has come up with a working and sustainable tokenomics to drive Lovely Swap to success.

Tokonomics

Token Name: Lovely Swap Token

Token Ticker: LST

Total Supply: 300,000,000

Network: Binance Smart Chain

Lovely swaps successful Team

Lovely swaps consists of a group of Blockchain experts whose objective and aim is to bring the revolution and transformation the Automated Market Maker scheme presents into the Decentralized Exchange ecosystem integrated with Non- Fungible Token. The team focuses its energy in making sure Lovely swaps is a community based project. The team has expertise in Non Fungible Token and Decentralized Exchange development with roots in the Multinational and Financial securities industry. The team also has a wealth of experience in traditional based transactions, First class leveled crypto asset trading platform research and development and worldwide market operations.

Conclusion

According to Heraclitus, One of the greatest philosophers that have ever lived, He quoted that the only thing that is constant in life is change. Decentralized exchange in all it excellence it getting revolutionized in a way no one envisaged. Financial supports, Swaps, Staking and Provision of Liquidity pool can all be conducted in an easy and affordable rate. The core team at Lovely Swaps was careful to see that these features were carefully integrated. I recommend lovely Swaps to any team that has start-up projects and to traders of all categories, including veterans. This is an amazing project overall!

Project information

Website. https://v3.lovely.finance/index.html

Twitter. https://twitter.com/v3swap

Telegram. https://t.me/lovelyv3swap

Author's Information

Bitcointalk username: Dicentdevil

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=3206918

POA LINK: https://bitcointalk.org/index.php?topic=5406712.msg60587849#msg60587849