The fire of Uniswap and YFII brought many chain users onto the auto market maker's rocket. But what is more clear about the DeFi product is: why do we need so many steps to mine the pledge?
Of course, no problem with veteran hands, but for some ordinary users who want to test the water in DeFi, every step must follow a step by step procedure. The threshold is really too high.
The new platform POWER SWAP can automatically match the optimal transaction paths for users and exchange them with one key.
This article will elaborate the drawbacks of the existing DeFi ecosystem, and introduce a new Swap platform, POWER SWAP, which can solve most of the problems of Swap and DEX in the market. Its governance token POW also has a relatively high market value prediction.
POWER SWAP is an automated marketing center (AMM) de centralized transaction platform based on Ethernet.
POWER SWAP is committed to becoming a highly decentralized financial infrastructure driven by community governance without congestion and impermanence loss.
POWER SWAP protocol is an automatic market making agreement, which aims to facilitate automatic exchange transactions between token assets.
POWER SWAP has an Internet level user experience. Most of the products in the blockchain market are still in the stage of high threshold of use, and the use of external personnel to enter the transaction is not smooth enough, while power swap avoids such a disadvantage, because power swap has supported millions of traffic, has good user experience, and power swap comes down in one continuous line. Compared with Uniswap, the performance can be improved by two levels. With security measures to prevent counterfeit money, it is safe enough and supervision friendly.
That is to say, the prediction of POWER SWAP should be more imaginative and active. Once the user comes up, plus the unique advantage, the trading platform will have great potential.
What technology do customers like best? That is, users can't feel the existence of technology. It's like ordering on Amazon and eBay. Behind the cloud computing, customers can't perceive it. What customers can perceive is that it's convenient and fast to use.
Similarly, good blockchain products are products that let users not perceive the underlying technology of blockchain. Only in this way can we attract more traffic and retain more active users. This is also the purpose of POWER SWAP, to reduce user access threshold.
Power swap will also launch blockchain insurance. The rapid development of the insurance industry benefits from the development and application of high and new technologies. Power swap uses the decentralization and consensus mechanism of blockchain. Not only can smart contracts transform paper contracts into programmable codes, but also insurance claims automatically occur under smart contracts. At the same time, actuaries estimate that using POWER SWAP block chain technology can save 20% to 30% of the operating cost.
The POWER SWAP platform has the function of DeFi lending bank, which allows users to use digital money to borrow, trade and save, which is often reminiscent of banks, because it provides loans with encrypted money as collateral, but does not require documents, checks or good credit records. Users can use any of the cryptocurrencies accepted by the platform to mortgage.
In the future, POWER SWAP will be closely linked with the ecology of various Swap platforms through cross link technology and open more trading pairs, so that users can have better DEX with low Gas fees and will not be separated from the original ecosystem. This will encourage the transfer of assets more. Transactions, pledge, encryption assets transfer, registration, use and other processes are all quick and convenient, this is POWER SWAP.
More details can be found on Twitter account: power_swap