Galaxy Coin — a new automated marketplace for smart contracts on Polygon that provides a self-contained mechanism and adds value to the protocol. It is a platform that provides a high percentage of APY in the Polygon ecosystem with a focus on building community-driven dynamic storage to provide users with optimized profitability strategies.
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About Galaxy Coin project
Since its launch, Polygon has seen exponential growth. Thanks to it, an increasing number of platform users receive fast and cheap transactions. This has led to the explosive growth of the DeFi protocols on the platform, which has opened up countless opportunities for increased profitability. Galaxy Coin vaults will initially use tokens from liquidity providers from the ecosystem of the most popular exchange https://quickswap.exchange. As new farming opportunities emerge in the Polygon ecosystem, warehouses will adapt to use them. This will provide users with profitability optimization strategies and fantastic profits.
Distinctive features of the project:
| 1 | Automated market makers - smart contracts that create a pool of Galaxy Coin token liquidity that are automatically traded, using an algorithm, not an order book. This effectively replaces the traditional limit order book where assets can be automatically replaced with the latest pool price. |
| 2 | Decentralized exchange (DEX) aggregators, also known as liquidity aggregators, collect exchange rates of numerous DEX platforms and show you a list of platforms, offering the best value for your desired digital asset trades. |
| 3 | The developers are introducing a lottery feature in contact. It provides over 100 lottery pools. Each pool contains 50 tickets with guaranteed 3 winners. 85 percent goes to the winners and 15 percent goes to operations and maintenance. |
Galaxy Coin is deployed in a polygon mesh. This compares favorably with Ethereum as it significantly reduces transaction fees. Also, Galaxy Coin is building a multi-chain decentralized exchange. GLXY can be placed in Galaxy storage, which will give more GLXY as a reward according to APY percent. Galaxy Coin accumulates value through partial reallocation of collected storage fees and distribution of collected storage fees.
Additional information
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The smart contract has not been audited.