KingSwap - Enjoy The Best of AMM-Model DEX Integrated with Yield Farming and NFTs

The pivotal role of decentralized exchange in the blockchain industry has been clearly established ab initio, right from Nakamoto's whitepaper of Bitcoin blockchain. With the recent hype and rise of decentralized finance, DeFi for short, hundreds of DeFi dApps are being developed to give people more control over their finances and to easily access various decentralized financial primitives that mimics traditional financial instruments without barriers.

At the center of this DeFi rush is Uniswap, an innovative decentralized exchange (DEX) based on "Constant Product Market Maker Model", a variant of automated market maker (AMM) protocol. Uniswap simplified market making and trading via constant product pricing and the use of liquidity providers (LPs) who earn rewards in the form of fees paid in both swapped token pair. The exchange rivaled top global centralized exchanges in volume and liquidity, as many DeFi projects leveraged its liquidity swap pool model to launch their tokensale and market.

However, the vast community of crypto users yearn for more features than provided by the current version of Uniswap. This is expected at a time when DeFi, liquidity pool, yield farming and NFTs projects are hot themes in the industry. Users desire a single platform that combines and offers the best of these DeFi applications.

These expectations are set to be fully met by the latest DeFi liquidity pool swapping exchange in town - KingSwap.

Meet KingSwap

KingSwap is the newest DeFi liquidity pool exchange that integrates automated market maker (AMM) and high yield farming in a single decentralized platform. KingSwap is a fork of Uniswap but bolstered with great features aimed at improving user experience on the platform. The protocol powering KingSwap is designed to drive low-fee and extensively high-yield farming incentivization of liquidity providers (LPs) and stakers.

Yield farminginvolves rewarding users, LPs and stakers, with new digital assets, for providing liquidity to the exchange. Kingswap handsomely incentivizes LPs and stakers with its native token, KING token, with early adopters sharing 10,000 KING for each block mined. Not limited to this, early adopters will also qualify for varieties of massive secret airdrop. This crowns KingSwap as a revolutionary high-yield liquidity platform.

KingSwap is not only beneficial to LPs and stakers but to swappers as well. While exchange users are known to be concerned about the fee charged for trading on exchanges, KingSwap has further reduced the swapping fee to a minimal 0.25% fee. This rate is lower compared to the fee charged on Uniswap and most centralized exchanges (CEXs). This is a huge plus for DEX users.

And if you think that's all on KingSwap, you haven't seen it all. There's more....

Cryptocurrency still has very low acceptance for daily use in real world. So crypto users still have to convert their digital assets to fiat for personal use. Crypto-to-fiat conversion feature is mostly limited to centralized exchanges, another reason why many users prefer CEX. This will no longer be a problem for KingSwap users as the DEX incorporates OTC feature that enables users to convert KING token to fiat without hassle. For users who want to go cashless, there is an option of using King card to complete the off-ramp crypto to fiat conversion.

Clear Your Doubts, Trust the King

In terms of credibility, KingSwap is not only built and backed by industry heavyweights in both worlds of blockchain and traditional finance, the project is also fully regulated. The company behind the Kingswap project is registered and licensed to operate, making KingSwap the first regulated DEX. This however does not mean that there is involvement of any central authority or requirement of KYC (Know Your Customer) procedure but accentuates the fact that KingSwap is a legal entity and has come to stay.

The NFT Dimension of KingSwap
What is KingSwap NFT?
Before delving into KingSwap NFTs, let's have some preface to what NFTs are.

In the world of cryptocurrency, tokens are classified into two: fungible and non-fungible tokens. Fungible tokens are tokens which are identical to another and can be exchanged, divided and traded, an example is the KING token. On the other hand, non-fungible tokens (NFTs) are unique non-identical cryptographic digital collectibles, and are indivisible and non-exchangeable but can be traded on dedicated NFT platforms.

KingSwap NFTs are special limited-edition crypto collectibles issued in three tiers: King Vamp, Queen Sparkle and Knight Lancelot. In one fell swoop, kingswap unites DeFi with NFTs to create an extensively high yield reward that blows the mind of investors and holders. Kingswap NFTs offer a unique opportunity to financialize NFT via trading and NFT mining, and therefore enables investors to tap directly into the deep pool of loyalty rewards earmarked for holders, which includes KING token, special airdrops from other future partner projects.

Each tier of KingSwap NFT qualifies holders to unlock various quests and multiple reward pools when staked. The highest reward return is allocated to King Vamp followed by Queen Sparkle and the least to Knight Lancelot. Early NFT holders will benefit from the ultra high-yield reward period, sharing in the 10,000 KING token pool per block for a limited time, plus secret airdrops and opportunity to trade the NFTs without restriction.

Closing Thought
So many swap protocols springing up today are just mere copies of Uniswap. But KingSwap is more than just Uniswap with distinct innovative features and additions that will drive DeFi in all ramifications to mainstream adoption.

The time for the ascension of KingSwap to the royal throne is here, join now to benefit from the vast pool of wealth and topnotch user experience encapsulated in the Kingswap ecosystem.

LINKS
Click the following links to get more information on KingSwap.

WEBSITE: https://www.kingswap.io
TWITTER: https://twitter.com/defi_kingswap
TELEGRAM: https://t.me/kingswap
GITHUB: https://github.com/KingLuigy/KingSwap
DISCORD: https://discord.com/invite/fD2DrJY
FACEBOOK: https://www.facebook.com/King-Swap-112444093946760
LINKEDIN: https://www.linkedin.com/company/kingswap
MEDIUM: https://medium.com/@defi_kingswap

Author: Ebullientfellow
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2646515