Decentralized finance (DeFi) is one of the most important sectors of the cryptocurrency space. Today, the DeFi market is worth more than $75 billion with more room for growth due to the freedom and earning opportunities it offers users.
The main idea of DeFi is to use blockchain technology to eliminate traditional and centralized financial systems by giving users unlimited access to financial products from anywhere in the world.
DeFi protocols offer a range of products including stablecoins, token swaps, lending, derivatives, insurance, wealth management, wallets, oracles, etc.
Unfortunately, despite DeFi’s potential to revolutionize finance, protocols that offer such services are very complex, making them difficult for new users to engage with. Additionally, most DeFi protocols are based on the Ethereum network, which is notorious for its extremely high gas fees and slow transaction speeds.
But MappedSwap promises to offer users the best conditions to trade without compromising on security and decentralization.
What is MappedSwap?
MappedSwap is a decentralized on-chain swap exchange for cross-margin trading built on top of the Eurus network. The protocol allows users to receive up to 10x collateral for leverage and margin trading.
Eurus is a cross-chain network that is interoperable with the Ethereum blockchain. It is specially designed to solve EEthereum’s slow transaction speed and exorbitant gas fees.
MappedSwap provides users with a streamlined and intuitive UI design that allows both veterans and beginners alike to seamlessly navigate the platform and various markets available.
The protocol offers users great liquidity, low trading fees, and low slippage. These features lower the entry barriers for users joining the DeFi market and offer new DeFi players a beginner-friendly way of investing.
MappedSwap features
The MappedSwap protocol has several features that make it attractive to investors, some of which include:
MappedSwap strives to increase the efficiency of users’ assets, thereby increasing the profits generated for investors. The protocol allows users to leverage various funding instruments on its platform to trade on available DeFi markets.
Users get access to fast loans on the platform with a deviation tolerance of less than 0.01%. You can get up to 10x the fund’s allotment for margin trading.
MMappedSwap’s trading fees are also among the lowest on the market, rivaling some of the biggest names in the DeFi space, including UniSwap and PancakeSwap. It charges 0.3% of trading fees charged per swap.
One of the biggest problems most DeFi networks face is scalability. This is especially true for most protocols based on the Ethereum blockchain.
MappedSwap intends to solve this problem by executing transactions in record time using its flexible network technology. The platform can execute transaction settlements within two seconds, allowing users to quickly engage with real-time market dynamics while reducing the risk of slippage.
The platform has over $6 billion in liquidity pools that provide traders with ample liquidity for their transactions. MappedSwap has also allocated 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 on the platform and start trading, all their trading fees go to the user. MappedSwap gives users a discount of up to 80% and provides them with a passive income stream.
Associated 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 use their MST to maximize their winnings.
MappedSwap is organizing a promotional campaign that will last for one month from April 13th to May 12th, 2022 and will include a giveaway of approximately 800,000 MST. To win prizes, users must participate in tasks, refer friends, and reset their MST.
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