gibxswapexchange
gibxswapexchange
GIBXSWAP Exchange
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GIBXSWAP is an automatic market maker (AMM) that allows users to exchange 2 type of tokens. The liquidity provided to the exchange comes from the LP that stake tokens in the liquidity pool. In exchange, users obtain LP tokens and can also stake these tokens to earn X tokens in the "pool". ‘X’ is the platform currency of GIBXSWAP.
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gibxswapexchange · 4 years ago
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Only a professional and experienced team can make the platform more secure, stable and efficient operation, and also make investors and users' assets more secure. Digital asset investment enthusiasts need a safe, fair, open and efficient blockchain digital asset trading platform! With the support of the world's top teams, GIBXSWAP will gradually become a leading currency transaction and derivative transaction innovation model, providing several mainstream virtual digital asset transactions, a platform for investors' needs.
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gibxswapexchange · 4 years ago
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Meta universe + DeFi project GIBSWAP will issue ILO on the 15th
ILO, the full name is Initial Lock-up Offering, which means to exchange for airdropped coins through lock-up. From this perspective, ILO is not essentially a financing method, but a conditional airdrop method.
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GIBSWAP ILO is an innovative financing method that can directly create an AMM liquidity pool for projects and investors. #Crowd-funding to build a pool of fairness: (low threshold, automation, fairness and justice) For the project party, ILO abandons cumbersome issuance procedures, reduces its own costs, and improves project liquidity. ①Any decentralized project that wants to participate in crowdfunding can quickly create an ILO ②The creation of the transaction pool from the primary market crowdfunding to the secondary market is automated ③The ILO mode can be flexibly controlled by the project party, and the lock-up period is carried out according to the situation of the project For users, GIBSWAP ILO has given enough willingness to respect and start fairly, and the right to issue the ILO project will be handed over to users. ①Users holding "X" will participate in voting to determine whether the project will be issued ②Users will get the same crowdfunding channels and liquidity pool LP tokens as the project party #Capture of project liquidity value: (Maximize capital utilization, increase project liquidity, maximize benefits) In the co-construction of the liquidity pool, the utilization rate of funds is maximized, and both for the project party and the user, the benefits are guaranteed and doubled at the same time. ①After successfully creating the ILO project token, the AMM liquidity pool is automatically started, and the project token can be traded immediately ②LP can capture pool fees and mining rewards ③LP cannot intervene in the stability of the fund pool, and the liquidity is effectively brought into play ④The secondary market can directly trade to increase prices, and the interests of crowd funders in the primary market are guaranteed The platform currency of GIBXSWAP is the "X" currency. The total output of "X" is 1 billion pieces. In the initial allocation, 80% of the location mining, of which 40% can be obtained through trade mining or yield, and 20% can be obtained through the snack pool. 10% is ecological construction. 9% is for team research and development. 1% is ILO. In addition, the collected transaction fees are used to repurchase and burn platform tokens, which helps to realize the closed loop of autonomous driving for value acquisition.
At the same time, the "X" coin of GIBXSwap is also professionally reviewed by CertiK. They also issued a detailed audit report. The review method is a comprehensive inspection using static analysis and manual review techniques.
The value of "X" is equal to the trading volume of the GIBXSWAP DEX decentralized exchange. Therefore, the greater the GIBXSWAP transaction volume, the higher the value of "X"! At the same time, token holders can sell “X” at any time to ensure the long-term interests of early participants and GUSDT™️ holders.
The new currency X will be the core token of the GIBXSWAP platform, which can be used for voting, repurchase, 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 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.
The operation of the GIBXSWAP platform is very simple. Users purchase GUSDT™ in CEX and DEX (pools have been established in many DEXs); then withdraw GUSDT™ and mainstream tokens (USDT, BTC, ETH, FIL, etc.) to the wallet, and provide liquidity for GUSDT™-USDT, GUSDT™-BTC, etc., in the GIBXSWAP DEX “funding pool” to obtain the corresponding LP. In addition, transaction mining can trade designated currency pairs, and mine "X" according to the proportion of transaction volume; on the Liquidity Mining page, stake designated LPs and single coins, and mine "X" according to the proportion of locked positions;
Among the initial allocations, 80% are targeted for mining, of which 40%/60% are transaction mining output and liquidity mining output. 10% is for ecological construction and 9% is for team research and development. 1% is ILO. In addition, the collected transaction fees are used to repurchase and burn platform tokens, which helps to realize the closed loop of autonomous driving for value acquisition. GIBXSWAP platform revenue comes from transaction fees of 0.3% of the transaction volume; 0.3% of the transaction fee of 0.3% of the transaction volume is used to feed back the "X" ecology, in which 0.1% will be used to promote the development of ecological projects, and 0.15% will be used to reward mining Users, and 0.05% is used to repurchase and destroy "X".
The X token operating mechanism allows a 0.3% transaction fee to be charged when a transaction occurs, of which 0.15% of the handling fee will be distributed to all token holders in proportion. Holders of X’s assets “automatically” increase without an upper limit. The remaining percentage of the transaction fee will be put into the liquidity pool to provide currency liquidity. This means that token holders can sell X at any time and exchange for other currencies such as Bitcoin, Ethereum, USDT. At the same time, the more transactions, the deeper the liquidity in the pool, and the currency price will steadily increase. Most importantly in future plans, X can Stake in the aggregate revenue pool to obtain NFT and other passive income.
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After the launch of GIBXSWAP, it will implement a multi-chain DEX model. It will first launch on the BSC Binance Smart Chain, follow by the Huobi Ecological Chain (HECO), Ethereum and other ecological chains, integrating the advantages of low transaction fees of Huobi Ecological Chain HECO and Binance Smart Chain BSC and the prosperity of the Ethereum ecosystem, it supports 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 achieve the advantages of low slippage, fast speed, fund security, and optimal prices, and quickly become the market leader.
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