- The Innovative Features of SpaceSwap Project that make it Unique
Just now·3 min read
SpaceSwap is a real community-run project that is governed by the vote of the community. The SpaceSwap team received a lot of early requests due to their unique multi-layer incentives model. The SpaceSwap DeFi protocol was officially released on the 10th of September.
SpaceSwap project innovations
Striving to eliminate the drawbacks and flaws of the initial Version 1.0 protocol, SpaceSwap presented the upgraded and improved Version 2.0 with the following improvements:
● Rethinking and refining the tokenomics model and process of coin emission.
● Issuing of the unique SHAKE coin that controls the amount of MILK2 coins for decelerating inflation. During the process of the MILK2-SHAKE swap, the coins will be burnt/emitted. However, during the reverse exchange, i.e. SHAKE-MILK2, the price will be lowered by 10 MILK2, so as to prevent instant arbitrage.
● Creation of a roadmap with the new innovative DeFi services on board.
Coin Emission in SpaceSwap
Emission, also known as Emission Curve, Emission Rate, and Emission Schedule is the speed at which new cryptocurrency coins are created and released. Many cryptocurrencies are set up so that new coins are created on a regular basis, this can be measured by an emission rate. Sometimes a limit is placed on how many coins will ever be created, this is known as the max supply.
Some cryptocurrencies have no limit and so a small emission will continue, forever. Emission, also known as Emission Curve, Emission Rate, and Emission Schedule, is the speed at which new coins are created and released. Emission refers to the speed/rate at which new coins are minted and released as dictated by the protocols written onto the software of a given blockchain cryptocurrency. Sometimes referred to as emission curve, emission rate, or emission schedule.
Coin Burning for decelerating inflation in SpaceSwap
The term “coin burning” conjures up imagery of an investor taking a match to tangible currency. Of course, as digital currencies exist only in virtual form, that is not physically possible. Nonetheless, the idea is one that holds. Coin burning is the process by which digital currency miners and developers can remove tokens or coins from circulation, thereby slowing down inflation rates or reducing the total circulating supply of coins
In the digital currency world, it is difficult if not impossible to control the flow of tokens once they have been mined. In order to remove tokens from circulation, miners and developers acquire those tokens and then send them to specialized addresses that have unobtainable private keys. Without access to a private key, no one can access these tokens for the purposes of using them for transactions. Thus, the coins become unusable and, for all intents and purposes, relegated to space outside of the circulating supply.
Coins Guaranteed liquidity in SpaceSwap
In terms of cryptocurrencies, liquidity is the ability of a coin to be easily converted into cash or other coins. Liquidity is important for all tradable assets including cryptocurrencies. In the context of cryptocurrency liquidity, it refers to the ease with which a coin can be converted into cash or other coins.
The current Yield Farming system, with SpaceSwap two native coins, is a real game-changer. No other project has 2 interchangeable coins with multi-functionality and guaranteed liquidity. The SpaceSwap team follows its own Milky Way by presenting Interstellar, Gravity, Galaxy, and many other products. Investors can trust this platform without any doubt.
Learn more about the project:
Web : https://spaceswap.app
Telegram : https://t.me/spaceswap
Discord : https://discord.gg/r6RymJj
Github : https://github.com/spaceswap
BitcoinTalk username : rudyjavon
My Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1775685
ERC-20 WALLET : 0x00de299DEBc900c1d8aeE09764DEAcaB70769e15
- Date of publication:
- Fri, 04/23/2021 - 06:24
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