Decentralized Finance (DeFi) is one of the major sectors of the cryptocurrency space. Today, the DeFi market is worth more than $75 billion, with more room for growth because of the freedom and earning opportunities it offers to users.
The main idea of DeFi is to use blockchain technology to eliminate traditional and centralized finance systems by allowing users to access financial products from anywhere in the world without restrictions.
DeFi protocols offer a number of products, including stablecoins, token swaps, credit, derivatives, insurance, asset management, wallets, oracles, etc.
Sadly, despite the potential for DeFi to revolutionize finance, protocols offering such services are very complex, making it difficult for new users to engage with them. Additionally, most DeFi protocols are built on the Ethereum network, which is notorious for its extremely high gas fees and slow transaction speed.
But MappedSwap promises to offer users the best conditions for trading without compromising on security and decentralization.
What is MappedSwap?
MappedSwap is a decentralized on-chain cross-margin trading swap exchange built on the Eurus network. The protocol allows users to get up to 10x collateral for leverage and margin trading.
Eurus is a cross-chain network that is interoperable with the Ethereum blockchain. It was specifically designed to solve EEthereum’sslow transaction speed and exorbitant gas fees.
MappedSwap offers users an optimized and intuitive UI design that allows both veterans and beginners to seamlessly navigate the platform and various available markets.
The protocol provides users with large liquidity, low trading fees, and low slippage. These features lower the entry barriers for users joining the DeFi market and provide new DeFi players with a beginner-friendly way of investing.
Features of MappedSwap
MappedSwap protocol has several features that make it appealing to investors, some of which include:
MappedSwap strives to boost the efficiency of uusers’assets, thus increasing the profits generated for investors. The protocol allows users to use various financing tools on its platform to trade in available DeFi markets.
Users gain access to quick loans on the platform, with less than 0.01% of slippage tolerance. They can receive up to 10x the ffund’sallocation for trading on margin.
MMappedSwap’strading fees are also some of the lowest on the market, competing with some of the biggest names in the DeFi space, including UniSwap and PancakeSwap. It charges 0.3% of the trading fees, which are calculated on a per swap basis.
One of the biggest problems that most DeFi networks face is scalability. This is especially true of most protocols built on the Ethereum blockchain.
MappedSwap intends to solve this problem by executing transactions in record time with the help of its flexible network technology. The platform can execute transaction settlements within two seconds, enabling users to quickly meet up with real-time market dynamics while also reducing risks of slippage.
The platform has more than $6 billion locked in liquidity pools, providing traders with sufficient liquidity for their transactions. MappedSwap has also prepared sufficient funds in its Treasury to maintain liquidity.
The protocol has a referral program that allows existing users to invite their families and friends. When they register and start trading on the platform, all their trading fees go to the user. MappedSwap gives users up to an 80% rebate, providing them with a passive income stream.
Mapped Swap Token (MST)
MappedSwap Token (MST) is the native cryptocurrency of the MappedSwap protocol. The token can be minted by providing liquidity to the platform. Users can also stake their MST to maximize their profits.
MappedSwap is organizing a promotional campaign that is scheduled to last for one month, from April 13 to May 12, 2022, and it features a giveaway of about 800,000 MST. To win prizes, users are required to partake in tasks, refer friends, and re-stake their MST.
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