BaySwap sui
In earlier days, we had not so profitable DEX platforms in the crypto market. Now, thanks to the vision and professionalism of many teams, multi functional and profitable crypto platforms are emerging that combine different directions.
What does this mean to us? This is probably a great opportunity to start using cryptocurrencies even more and generate even more profit. Today, I suggest you get acquainted with the information about the new promising BaySwap, that has many features to surprise you, so that everyone can take advantage of the best functionalities provided for using cryptocurrencies and generating income out of them.
What is BaySwap ?
Traditional exchanges uses the order book, which can be created from buyer orders and seller orders. So it will change the price level accordingly. The BaySwap uses an Auto Market Maker(AMM) rather than using the order book.
In the AMM, there is a liquidity pool with two assets, one asset traded with another. So the buyer and seller directly trade with the liquidity pool.
BaySwap uses the non custodial multi chain support AMM model to create liquidity pools of tokens that users can access to swap or create new markets as well. It will remove any intermediaries in the trading of crypto assets. Also, Auto Market Maker keeps the Defi ecosystem liquidity 24/7 via liquidity pools. BaySwap is one of the products in SUI ecosystem. Simply, it is a DEX platform that has a deflationary mechanism as well.
Investors who have their assets in multiple blockchain networks will be able to connect their wallets on the BaySwap decentralized platform.
Why BaySwap is different from other DEX platforms?
Additional Security
Faster
Flexible Fees
Main Features:
WispSwap has introduced new features that addresses the current problems and provides more flexible and efficient AMM.
Flexible Swap fees
- Liquidity Oracle
Common Features :
Swapping
The main thing is user can swap the tokens fast and multi chain way. Also users can exchange their token from liquidity pools of the BaySwap platform without waiting for buyer.
- Staking
In staking, you give your coins to block validity service and get block rewards. In this scenario you stake your tokens and getting the another tokens as rewards.
- Farming
Farming means you can provide liquidity to liquidity pools and receive the fees as rewards. In addition to these, Mars has some special mechanisms to maintain it’s token value as stable as possible.
IDO
NFT support