Under the vigorous promotion of the AMM mechanism, the DEX's battle for hegemony is faster and fiercer than expected. On the eve of the real decentralized finance outbreak, it can be said that whoever seizes the opportunity of the red sea of DEX will win the future. After GIBXSWAP is launched, it will continue to update more surprise gameplays, and it will continue to develop and strive to becoming the benchmark of the DEX platform in 2021.Recently, it was announced that it would join BabySwap's new farm, snack pool and trade mining!
GIBXSwap is currently the best decentralized trading platform on the market, focusing on mainstream cryptocurrencies. Committed to providing real value, fairness and innovation for decentralized finance through GIBXSWAP's high-quality products and services.
In GIBXSWAP's decentralized transaction, the transaction links such as circulating currency recharge, market query, order placement, order matching, fund settlement, cash withdrawal and withdrawal are all placed on the chain, and open source smart contracts directly perform all operations during the transaction. Invoking the trader's personal digital assets, smart contracts mean that asset custody, matching transactions, and asset liquidation are all placed on the blockchain, which is true and reliable, transparent and checkable, irreversible, and without fraud. The matching transactions completed through smart contracts and the settlement and clearing completed on the chain have greatly improved transaction transparency.
After the launch of GIBXSWAP, the multi-chain DEX model was implemented. It is first launched on the BSC Binance Smart Chain, then launching it on the Huobi Ecological Chain (HECO) and Ethereum and other ecological chains, integrating the low transaction fee of Huobi Ecological Chain HECO and Binance Smart Chain BSC and the advantages of the prosperity of the Ethereum ecosystem, support the "dual mining mechanism" of liquid mining and transaction mining, which will enable it to achieve the maximum drainage effect and high-quality user experience. Platform services include staking pools, liquidity mining pools, DEXs, cross-chain asset bridges and other ecology. GIBXSWAP has no private equity, no pre-mining, and is committed to building a new community-oriented DEX and ecosystem. At the same time, it will realize the advantages of low slippage, fast speed, fund security, and optimal price, and quickly become the market leader.
The newly launched GIBXSWAP is open for liquidity mining, transaction mining, asset cross-chain functions, and the board of directors mechanism will be implemented. The GIBXSWAP board of directors mechanism stakes designated LP and single currency, and can divide "X" according to the proportion of locked position. "X" will have a complete repurchase mechanism. Every quarter, part of the GIBXSWAP platform profits will be used for repurchase and airdrop "X". The repurchased "X" will be directly destroyed, and the repurchase record will be announced as soon as possible. Users can query through the blockchain browser to ensure openness and transparency; the "airdrop" part will be allocated according to the weight of each pool, and then dug out according to the proportion of the locked position. In other words, "X" is a deflationary currency. With deflation and high liquidity, you can earn passive income by holding the currency!
Although the DeFi popularity has lasted for a relatively long period of time, most of these projects are pursuing the most explosive styles as much as possible. However, there are also many attractive new projects focusing on specific fields, but they are in the dusty stage that are not valued by the market. For such projects, the lack of funds, lack of resources, lack of marketing experience, and insufficient activities and flow are all shackles to their innovative development. The existing DEX cannot devote much effort to boost project development.
For better development, GIBXSWAP and BabySwap have reached a friendly cooperation, and BabySwap also implements the development trend of follow-up imitation and integrated innovation. In order to meet the basic needs of the market, both transactions, the establishment of liquidity pools, and liquidity mining will be fully deployed. This unique cooperation is expected to hope that the market will make GIBXSWAP a benchmark for DEX!
