KINGSWAP: THE BEST CHOICE FOR TOKEN CONVERSION AND DISTRIBUTION
INTRODUCTION
The Defi projects that have been unveiled on the blockchain have caused a sort of sporadic development of the blockchain so much that there are some activities that are now being enhanced greatly. However, creating Kingswap platform has done more good than harm in terms of creating an avenue for people to conveniently trade and convert digital assets with all ease to benefit all those who make transactions through it. It is on that ground that we have the smooth connection of fiats with cryptocurrencies and a way to use both for any financial transactions.
THE KINGSWAP PLATFORM
This platform is a great entity that has come to improve the blockchain finance with its legal structure. It is a Defi project and at the same time has the support of the blockchain owing to the features it has to make people enjoy the benefits attached to using the blockchain while keeping tabs on all other activities on the platform.
Using cryptocurrencies comes handy when users are able to convert their tokens to other currencies but not so many platforms are able to do that. Kingswap makes it possible to achieve this on the platform and it makes it possible to use the token. Currency conversion as far as kingswap is concerned will be free of hassles. It will use the OTC feature as a special portal to make this possible. Users will achieve seamless switching from their fiats to $King token in this ecosystem. Of course there are some set of people who usually love cashless payments, the provision for them on this platform has been set such that after they must have connected their card of choice, they can achieve the cashless kind of payments any day any time.
BENEFITS OF KINGSWAP PLATFORM
Liquidity in this platform is contributive. It can be added by the users directly into the pool. The need for this is to support the protocol so as to make rewards in return after contributing to the platform in this way. Kingswap is a platform that will inventivize its early adopters and liquidity providers with the $King token. For this purpose, about 10,000 $KING per block will be used. The interesting thing about contributing to the liquidity pool of this platform is that you will earn more $KING the more you stay long in it. The bulk of the revenue in this platform will be provided by the swappers in it. If so be the case then the team has also thought it perfect to incentivize them through cheaper fees for any transactions done in it. So all in this platform is like giving and taking back.
The token pool as well as liquidity pool in this platform has been designed to be in favour of the liquidity providers who are very active. They are given 0.2% and the rest are reversed to the $KING token that are in each block.
CONCLUSION
The platform has a great respect for the users and is going to show this by rewarding them with $KING. All swappers can now become a part of this project to be rest assured that making transactions on the blockchain will go smoothly for them.
USEFUL LINKS
Website: https://kingswap.io/
Twitter: https://twitter.com/defi_kingswap
Discord: https://discord.com/invite/fD2DrJY
Github: https://github.com/KingLuigy/KingSwap
LinkedIn: https://www.linkedin.com/company/kingswap
Telegram: https://t.me/kingswap
AUTHOR'S DETAILS
Bitcointalk Username: Coderapid
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2767522