Greetings and many thanks to KSwap Fam! KSwap Finance platform has seen renewed interests from our early adopters and new joiners. This article will brief user activities at the platform, technical progress of existing and new features, and community engagement.
First of all, with your support and votes, we rank №2 by votes in OKExChain Hackathon round 1. Since February, it has been almost 5 months for you guys to stay with us. One very interesting comment from our community is that ‘ If you know them since the first day of public testing, you will know how…
Bullish or Bearish? Decentralized or Centralized?
For the past few weeks, we have seen the volatility of the market, and the crypto world has joined in a unprecedentedly debate over being bearish or bullish. Yet, the market fails to offer any insights, by sending a blurred signal of a unpredictable $Bitcoin price. With those seemingly dominant views expressing pessimistic and bearish, I would argue we are still well positioned in a bounce-back and bullish trajectory.
First, we have tested a steadfast support of the $Bitcoin price in the range of 28K to 30K. We have a substantial correction…
Greetings KSwap Fam!
In this article we would like to share the progress the team has made in the past month and significant community involvement we have witnessed. This monthly project report has been viewed as a critical medium whereby the team maintain a high level of transparency between us and the KSwap community. The community is a backbone for the entire KSwap ecosystem, making this project great. The team greatly appreciate the support, patience, and trust from the KSwap community. Your positive spirit continuously influence and encourage the team to deliver innovative and secure ways to support…
A witnessed tremendous interests from the community has been seen and also got relatively good data in the last month.
Here we would like to share you with ongoing and planned development of a variety of new features and a heads-up on exciting functionalities we will be focusing on in the near future.
A Summary of KSwap Stats
This past month has seen a remarkable growth of KSwap Finance as we continue to be one of the most vivid testing platforms. KSwap Finance is among supreme projects in metrics within the entire DeFi ecosystem on OKExChain.
-KSwap Community Member
Translated by Chaos
The progress of modern society has always evolved in upheaval or even denial, and this is especially true for the development of crypto currency. The rise of the decentralized trading model (DeFi) in 2020 caused a lot of buzz in the market. It was thought that in the world of crypto currencies the old and the new were interchangable so fast that people thought DeFi was just a game that joiners played on a whim.
But a highly free market like virtual currencies is so magical that DeFi’s innovative power has injected…
‘April hath put a spirit of youth in everything.’ — William Shakespeare
April 2021 is probably the most beautiful April day that cryptocurrency practitioners have ever seen — with Bitcoin hitting $60,000 and DeFi’s locked position approaching $100 billion, it is safe to say that the entire cryptocurrency market is warm and hopeful all the way to the top. The entire cryptocurrency market has been warm and hopeful.
Not only that, the NFT craze is surging, as the new wave of cryptocurrency after DeFi, NFT has seen explosive growth in 2021, and the total market cap even exceeded $30 billion…
This article is from community members.
Author: Jay and Da Kong
Translated by Chaos
KSwap.Finance is a decentralized trading product that provides token exchange services for the OKExChain ecosystem, with a variety of mining mechanisms, including single token mining, liquidity mining, transaction mining, etc. It also has an innovative NFT system, and the DEX+NFT model is also a relatively innovative point in the industry. We can observe the data to see the development potential of this product.
The following data is drawn from the chain and can be viewed at:
Key data analysis
During the public testing period, we have more data to prove how great the thing we are doing right now. We would like to share with you some updates.
What is KSwap?
KSwap is a decentralized trading platform based on AMM algorithm serving for OKExChain ecosystem aimed at providing users with diverse assets, safe and trustworthy transactions on the OKExChain ecosystem . Some benchmarking products are: SushiSwap, PancakeSwap, Mdex which could give KSwap and their users a great example and confidences. KSwap aims at being the leading DEX in OKExChain ecosystem. Currently by all statistics, KSwap is leading the way.
KSwap, the DEX project developed on the OKExChain, announced that it has received a seed round of equity funding of several millions yuan from Continue Capital and the BenMo Capital. These three parties will develop in-depth cooperation in product design, development and operation.
KSwap is a decentralized trading platform based on the Automated Market Maker(AMM) , and supports a variety of mining functions, including liquid mining, transaction mining, etc. The KSwap team started the development at the end of 2020, and we have completed the development of the core functions and conducted a one-month public testing on the OKExChain testnet.
‘Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.’
— — Sir Winston Churchill
KSwap as a DEX supporting OKExChain ecosystem needs to understand DeFi deeply to make the product solid and strong, also having a good direction to contribute more and more. Here we shared some view with our community.
Why do we choose to build something in financial area? Finance is the flows of money between different systems in the society. …
KSwap is an AMM-based token exchange protocol for OKExChain ecosystem.