The YF Link development team has unveiled their first production-ready LINKSWAP service. Community driven and AMM driven, whose main function will be to bring more trading pairs and liquidity to LINK hodlers and the YF Link DeFi community. Specifically, LINK Marines that have been associated with the project will receive better profitability and betting opportunities with enhanced securitization and better value capture.
Contents:
Description of the LinkSwap project
The recent development of DeFi communities across the cryptocurrency ecosystem is bringing higher returns to the community. But these returns are not without risks - LINK holders will finally be able to achieve quasi-staking through LINKSWAP AMM. LINK SWAP will facilitate consistent generation of returns that are protected from volatile losses and traders enjoy lower gas rates. In addition, the AMMs, associated with LINK SWAP, are designed to provide trading fees to LPs / YFL holders.
Link holders prefer to use their currency rather than risk it, resulting in potential losses with current generation AMMs. However, LINK SWAP seeks to mitigate risk and reduce volatile losses through the use of Continuous Liquidity Pools (CLP).
Some features:
| Firstly | Instead of keeping assets in their wallets, users can use their tokens to secure trades and generate profits that are again protected from unintended market ups and downs. |
| Secondly | In addition, these revenues do not have volatile losses and lower overall gas charges to incentivize traders. |
| Thirdly | Link holders do indeed have the opportunity to stake their currency AMMs and make the best profit at the moment. |
These returns will be subject to market forces and users may experience lower returns than their initial investment in the pool. LINKSWAP also leverages BlackHoleSwap's unique ability to neutralize the pool, balancing excess and scarcity. BlackHoleSwap takes oversupply from the lending side to offset losses, caused by the borrowing side, and balances the equation.
Additional information
There is no WhitePaper document on the site. Instead, only brief information is available.
From social networks, the community leads:
- twitter;
- telegram;
- discord.
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