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Alium Finance

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News

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What is Alium Finance?

Alium Finance  — an AMM decentralized exchange with Multi-blockchain and NFT options.

Contents:

Alium Finance

About Alium Finance

Alium Finance allows users to exchange any cryptocurrency for any other cryptocurrency on a decentralized platform. The existing AMM DEXs, which offer their users unique benefits, have a number of limitations and disadvantages that prevent them from providing maximum profits and benefits.

Decentralized exchanges on different blockchains do not interact with each other and the transfer of assets between them creates serious difficulties for users. In order for the user to maximize profits and choose the blockchain that best suits their needs, AliumSwap creates an advanced multi-blockchain AMM DEX. This will allow users to trade assets securely and transfer them quickly between different blockchains.

By taking the best of existing protocols, AliumSwap is building a complete ecosystem of DeFi products that meets broad customer requirements.Alium Finance

At the moment, six blockchains are integrated: Ethereum, Polygon, Binance Smart Chain, Huobi ECO Chain, Fantom, Metis Andromeda. Bridges between these blockchains are coming soon. Also, a farming platform and a liquidity aggregator have been launched, so you can just forget about the liquidity problem on the DEX. Decentralized exchanges on different blockchains do not interact with each other and the transfer of assets between them creates serious difficulties for users.

More about defi app

In order for the user to maximize profits and choose the blockchain that best suits their needs, AliumSwap creates an advanced multi-blockchain AMM DEX. This will allow users to trade assets securely and transfer them between different blockchains. By taking the best of existing protocols, AliumSwap creates a complete ecosystem of DeFi products that meets the high demands of customers. The liquidity, provided to the exchange, comes from Liquidity Providers (“LPs”) who stake their tokens in “pools”.

When you make a token exchange (trade) on an exchange, you pay a trading fee of 0.25%, which is distributed as follows:

0,20% returned to liquidity pools as a reward to liquidity providers.
0,05% goes to the Alium Swap treasury.

The ALM Token - the utility token for the entire Alium ecosystem. It will be used on the DEX, the marketplace, in the future NFT game and also as a governance token in the future when the DAO is launched.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.