123swap finance blockchain networks
123swap.finance ecosystem growing at tremendous speed by adding 1 blockchain every week! At the moment we are fastest growing multi-chain DEFI and we are still in very early stage. Private sale is still ongoing and we still have very few seats left!
123swap protocol https://exchange.123swap.finance/ now operates on Ethereum (ETH), Binance Smart Chain (BNB), Polygon (MATIC) and Avalanche (AVAX) blockchains. Can you guess what will be next adopted blockchain?
This integration marks another milestone for 123swap finance, a DEFI built with one goal in mind: delivering one window platform for all blockchains.
What is AVALANCHE (AVAX)?
Avalanche is a platform for creating custom blockchain networks and decentralized applications (dApps). Created by Ava Labs, the Avalanche crypto platform is one of many projects seeking to unseat Ethereum as the blockchain ecosystem’s most widely utilized smart contract platform. Avalanche claims to achieve greater scalability than Ethereum via a high transaction throughput of 4,500 transactions per second (TPS). Avalanche’s native AVAX coin, which has a capped supply of 720 million, is used not only as part of the Avalanche consensus mechanism but also for paying network transaction fees.
The core of Avalanche’s architecture is a subnetwork (subnet) called the Primary Network. A subnet is a group of transaction validator nodes that coordinate to reach consensus on the state of a set of blockchains. The Primary Network secures three built-in blockchains: the Exchange Chain (X-Chain), Platform Chain (P-Chain), and Contract Chain (C-Chain).
The X-Chain is a platform for creating and trading crypto assets including AVAX.
The P-Chain coordinates transaction validators, tracks active subnets, and enables the creation of new subnets and custom blockchains, including private blockchains.
The C-Chain facilitates the creation of smart contracts.
Avalanche’s architecture relies on a proprietary Virtual Machine (VM), known as the Avalanche Virtual Machine (AVM). Notably, subnets built on the Avalanche platform can use the AVM to achieve consensus using the “traditional” blockchain databases commonly used in crypto projects such as Bitcoin, Ethereum, or Cardano, but they can also reach consensus using other database structures — including the “block lattice” database structure of Directed Acyclic Graphs (DAGs) pioneered by crypto networks such as IOTA, Fantom, or Nano. Such flexibility helps ensure that projects relying on Avalanche can achieve a high degree of customization and maintain interoperability with various platforms of their choosing.
What is 123swap finance
123swap platform is a decentralised finance ecosystem that facilitates seamless peer-to-peer swapping of crypto-assets. It provides easy to access, transparent and convenient exchanges, earning and investment management solutions, all without the need of any intermediatory. The platform intends to simplify the cryptocurrency exchange system while generating the lowest possible slippage.
Many members of our 123Swap community have experienced the benefits of seamless peer-to-peer crypto asset swaps, with multiple successful project launches planned for 2021 on the swap platform 123.
By adding additional potential blockchain networks, the team at 123Swap is continuing to find methods to swap, hold, send, receive, earn and invest tokens on different chains more easily. for our partner projects and users. Currently, 123Swap supports the Ethereum blockchain, Binance Smart Chain, and Polygon.
About 123Swap:
The 123Swap platform is a decentralized financial ecosystem that enables smooth peer-to-peer crypto-asset exchange. It offers simple, transparent and convenient exchanges, as well as investment and income management options, all without the need for a middleman. The platform aims to make the cryptocurrency trading mechanism as simple as possible while minimizing slippage.
The 123Swap platform offers various DeFi options for blockchain assets across several chains:
*NFT Mining
*Convert
*Deposit
*Productive farming
The cross-chain value exchange mechanism allows platform users to transact directly with each other on any chain on a peer-to-peer basis.
123Swap's mission is to create the next generation financial ecosystem by empowering blockchain technology and expanding the use of cryptocurrencies for purchases and payments in the financial sector.
123swap gathers unfounded liquidity from large decentralized exchanges: guaranteeing the best rates and speed to its users. Ultimately, the platform aims to save traders time, money, and resources.
Simple and Confident
No account registration, deposits, wrapped tokens, return tokens, or other complex setup requirements.
No additional transaction fees.
Smart order routing split the transaction on the DECENTRALIZED exchange networks to be filled with the lowest slippage possible.
Non Custodial
The platform uses Liquidity software that supports the authorization of the user's wallet. Therefore, users only have access to the assets they place in trade.
To ensure the security of funds, 123swap does not store end-users private keys outside their device.
24/7 online support
Day and night, the 123swap support team is always ready to help users and solve their problems.
The team is made up of highly qualified specialists who provide technical support and information.
Automatic calculations
123swap does all the calculations for its users, including APY (Annual Percentage Yield) and P&L (Profit and Loss).
This way, it is easier for traders not to spend a lot of time on Excel spreadsheets.
The platform key differientor
Below are the main features/functions of the 123swap platform that make it unique and one of its kind:
Visualize the swap in a whole new way
It helps to see the number of transactions in real-time. It will help the user to make a better decision by analyzing all the values used to calculate the transaction.
Arbitrage possibilities
123swap is always looking for the best prices on the market for trading and allows traders to carry out arbitrage.
Cross-chain
Traders can choose from the 500+ available liquidity.
Cross-chain pools (Ethereum, Binance, Polkadot, and many more).
Controlled community, Strong community owners, complete control of the community on the platform.
Automatic trade, such as uniswap or pancakes
Swap, but with a limit order, stop-limit orders, and various other automated possibilities.
123swap token value capture
75% of the transaction fees are refunded to the owners of the 123swap signal via a mastering mechanism. The remaining 25% will be sent to a token holder-controlled community development fund.
Access to multiple trading pairs
123swap platform users/traders can get all trading pairs they need.
Oracle Liquidity DEX 123swap (DLO)
A platform that solves liquidity inefficiencies.
Conclusion
123swap provides an ecosystem of products and services that enable customers to exchange, own, send, receive, earn, invest, borrow and lend tokens across multiple chains.
The platform developed its way of trading cryptocurrencies to get rid of problems like complicated user interface, hidden costs, tedious registration, etc., and simplifies the end-users whole process.
Make your money work — Swap, Hold, Send, Receive, Earn, Invest crypto & NFT in Multiple Crypto Chains using only one DEFI 123swap finance DEX AMM.
The mechanism of cross-chain value exchange allows the platform users to directly trade with each other across any chain on a peer-to-peer basis.
Vision Statement: To simplify the management of crypto-assets.
Mission Statement: To become the leading decentralised finance protocol by providing better prices, faster response times, simpler procedures and low slippage rates than any other aggregator or swap on the market.
We aim:
To build the next-gen financial ecosystem, leveraging blockchain technology.
To expand the use of cryptocurrencies for purchase and payments across the business world.
To eliminate financial barriers, evolve the global economy and change the world for the better.
To create a seamless user experience by providing access to the entire crypto market in one place, without ever compromising on the private keys. Control 123swap platform by voting in 123gov.
Comments
Post a Comment