FALCONSWAP: An Automated Market Maker Decentralized Exchange

FALCONSWAP: An Automated Market Maker Decentralized Exchange

Cryptocurrencies has proved to be an alternative financial instrument and we cannot deny the fact that it has open up additional pay for users. The innovation of decentralized finance has opened up tremendous new avenues of opportunity and has established different types of financial instruments that allows borrowing without?regard for credit history from anywhere in the world.

No doubt, free trade and high-interest rates can unite ordinary people with financial organizations that is, with guidance from a suitable protocol. Decentralized finance has proven its case by eliminating third parties in financial transactions. Decentralized exchanges have recently been the main growth driver, pushing aside centralized exchanges.

One of the recent prominent breed of Decentralized exchanges protocols are AMMs (Automatic Market Maker) and they do not rely on order books like regular exchanges but instead use mathematical formulas to calculate the price of assets.

My article today will be centered on a new Automated market maker exchange that proffers solutions to the obstacles hindering the mass adoption of DeFi.

Overview of Falcon Swap Exchange

No alt text provided for this image

Falconswaps is the best AMM+NFT decentralised exchange for newborn projects on Binance Smart Chain providing a more friendly trading experience and better project support. The Falcon Swap exchange is designed to provide decentralized services to all crypto user while giving them the best user experience.

At inception, Falcon swap was created to be a meme token but now it has metamorphosed into a useful and vibrant ecosystem to cater for all of your decentralized protocols needs.

Services rendered by FalconSwap Exchange

No alt text provided for this image

Staking

FalconSwap dex will allow users to deposit and lock their Falcons tokens to get more rewards in Falcons tokens. Also, Falcon swap supports the staking of some other coins that can also be locked up on FalconSwap platform to get daily income.

Swapping

On the Falconswap platform, users can swap their crypto assets to other tokens. Since Falconswap is a Dex platform, the transaction will be carried out by smart contracts and your funds will not be committed into the hands of a third party and you will also enjoy a fast and cheap transaction.

?Yield Farming

Yeild farming service is available on the Falconswap dex and it requires users to deposit their tokens to get rewarded. Although the concept of yield farming can be compared to staking the difference is that yield farming involves staking of liquidity pool tokens and in turn gives a higher reward than staking.

?Liquidity

Users of the Falconswap also tend to earn liquidity pool token reward when they contribute to the liquidity of the Dex by adding to the liquidity pool.

FalconSwap NFTs

No alt text provided for this image

Another notable movement in the crypto space is the non-fungible tokens; Falconswap has created its own unique NFTs which is exclusive to Falconswap ecosystem and will allow its users to mint, stake and also exchange these NFTs. The NFTs

Other benefits provided by Falconswap exchange includes:

Provision of grants for projects

Profile customization into NFTs

Initial Farm offering

Fixed interest rate for Falconswap token holders

Arbitrage support for projects

FalconSwap Token ($FLNS)

FLNS is the native token of the Falconswap ecosystem and will be used for all transactions on the Falconswap exchange. $FLNS is built on the Binance Smart Chain blockchain.

Falconswap Tokenomics

Name: Falcon Swaps

Token Ticker: FALCON

Token Maximum Supply: 1,000,000,000

?Emission Rate: 20 FALCON/BLOCK

$FLNS is currently trading on PancakeSwap and Kucoin exchanges.

Roadmap

No alt text provided for this image

Concluding Thoughts

FalconSwap is here to put power back in the hands of the trader and this is a great step to a healthy digital economy where all users have control of their funds and enjoy massive returns than banks can ever give. With all the servuces rendered by Falcon swap, you are in for maximum crypto rewards.

For more information, click on the following links:

Website -?https://falconswaps.com/

Telegram -?https://t.me/falconsofficial

Facebook -?https://www.facebook.com/falconswaps

Twitter -?https://twitter.com/falconswaps

Instagram -?https://www.instagram.com/falconswaps/

Written by Peace23

POA: https://bitcointalk.org/index.php?topic=5382152.msg59044412#msg59044412

John Amao

Inventory Analyst| Supply Chain| Customer Experience| Client Relationship| Mentorship

3 年

Welldone Salome..Nice write up?

回复
Ishola Olayemi

Certified Crane Rigger||Crane Operator || Health Safety Officer HSE 3(ISPON)

3 年

Suoerb

回复
Chibuike Ikwuka

| Engineer Trainee (Instrumentation and control) | Electrical Electronic Engineering | IoT, AI enthusiast

3 年

Nice insight

回复
OLABISI AGBOOLA

Business and Data Analyst|| Business Consultant||Fin Tech || Digital Financial Services

3 年

????

回复
Adebisi Adeyemi

General Manager at Digital Consult Network

3 年

Beautiful, keep it up

回复

要查看或添加评论,请登录

Salome Amao的更多文章

社区洞察

其他会员也浏览了