If only one word is used to summarize the blockchain industry for the past year, the word should be Defi. The popularity of Defi has directly led to explosive growth. In 2021, projects in the Defi concept section have continued to be popular. Many star projects were born, GIBXSWAP is one of them. The opening ceremony will be held on September 14th and will be officially launched on the 16th.
Those who are familiar with blockchain must be familiar with the term “DEFI” this year. The DEFI concept has brought about a bull market for nearly a year in GIBXSWAP. In particular, these concept projects have made miracles of wealth one after another, and this is also a must for retail investors to realize their “dream of getting rich.”
What does it mean that GIBXSWAP is coming? There are many things you need to think about as an investor. The first thing to understand is whether a centralized exchange or a decentralized exchange is the main form of exchange in the market. The two rely on their own unique advantages to compete in the market. But because they all have some inevitable flaws, no one can eliminate the other party.
Security issues in GIBXSWAP occur from time to time, such as human intervention, high-value circulation costs, information asymmetry, and many other issues that greatly affect the user’s trading experience. Although decentralized exchanges solve the problems of user asset security and human intervention, they also have the problems of poor user experience and single value ecology.
In the view of the GIBXSWAP team, the first important point of DEX is to truly achieve decentralization. In the past, centralized exchanges were at the top of the food chain of the digital currency industry. Regardless of the bull market or the bear market, the market was hot or deserted, the exchanges have been relying on currency listing fees and handling fees to ensure their income. Therefore, the exchange has always been very strong in the face of users, putting platform interests above users’ interests. What’s more, in order to obtain greater benefits, they gave up their integrity and bottom line and began to use illegal methods. At this time, the team behind the GIBXSWAP platform also discovered some unavoidable problems in the decentralized exchange during its operation. To this end, the core concept of GIBXSWAP was created, which is to avoid the disadvantages of decentralization and achieve the advantages of decentralization.
After GIBXSWAP goes online, a multi-chain DEX model will be implemented. After launching BSC Binance Smart first, the Huobi Ecological Chain (HECO) and Ethereum and other ecological chains have been launched, integrating the advantages of the low transaction fees of the Huobi Ecological Chain HECO and Binance Smart Chain BSC and the prosperity of the Ethereum ecosystem. It supports the “dual mining mechanism” of liquidity 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 achieve the advantages of low slippage, fast speed, fund security, and optimal prices, and quickly become the market leader.
GIBXSWAP is a decentralized transaction protocol based on an automated market-making mechanism, which aims to integrate the differentiated advantages of multiple basic public chains. Create a high-performance composite DEX ecosystem, give participants maximum feedback with the “dual mining incentive” of liquid mining and transaction mining, and realize a self-driving value capture ecological closed loop through the fee repurchase and destruction mechanism. Committed to building a Defi platform integrating DEX, IMO, and DAO, the next step is to become a Defi unicorn in 2021!
The launch of GIBXSWAP allows investors to understand that GIBXChange is currently opening up the entire ecological product chain, building a bridge into the Defi world for various encrypted assets in the entire crypto world, and building a Defi universe. Finally, GIBXSWAP was officially launched on September 16, and the transaction will be officially opened soon.
The most noticeable thing around the world is that GIBXSWAP will launch a new decentralized currency “X”. The new currency will be the core token of the GIBXSWAP platform, which can be used for voting, repurchasing, fundraising, trading, and earning coins. The emergence of “X” is mainly due to the gradual increase in the circulation of the original GUSDT ™ market, and the market value urgently needs a larger carrier to achieve breakthrough growth; the market needs a new currency to stimulate it. The maximum supply of “X” is 1 billion, and the block reward: each block rewards 20 “X”. The “X” open source code is audited by professional organizations such as Ernst & Young and Deloitte, ensuring safety. At the same time, “X” will support the decentralized cross-chain transaction protocol of BSC, HECO, and ETH, using “dual mining incentives through liquidity mining and transaction mining”, which can enable participants to obtain maximum returns and seamlessly integrate with Binance and Huobi huge global traffic and head resources.
