KeplerSwap is a Revolutionary Idea.

KeplerSwap is a professional decentralized trading platform that is built on blockchain technology. it provides participants with a comprehensive solution to identity security, asset security and autonomous trading on a combination of blockchains.

What is DeFi and how does it work?

Financial services carried out on a blockchain are referred to as “decentralized finance” (DeFi). DeFi refers to financial services that are not governed by a central authority. It entails removing the middleman from the financial system and replacing it with a smart contract. In layman’s words, we can call it the fusion of traditional banking services and blockchain technology.

The most popular DeFi applications and protocols

Let’s take a look at some of DeFi’s most prominent applications now that we know what it is.

  1. Lending Platforms: Decentralized lending platforms, according to proponents, are democratizing the loan ecosystem. Smart contracts are used instead of intermediaries like banks on these platforms, allowing borrowers and lenders to participate in an open system. Borrowers can obtain liquidity without selling their crypto assets, while lenders can earn interest on their crypto assets by lending them out. In the old financial system, you must first provide collateral before applying for a loan from a bank. This is comparable to what occurs in DeFi. Borrowers must over-collateralize their loans by pledging assets that are worth more than the loan amount. Maker, Compound, and Aave are three of the most popular DeFi lending platforms.
  2. Decentralized exchanges (DEXs): Decentralized exchanges are those that function without the use of a middleman. They do not have the same level of popularity as their centralized counterparts. DEXs allow users to purchase and trade cryptocurrencies directly with one another in a trustless environment. As with centralized exchanges, assets exchanged on DEXs are never kept in an escrow or third-party wallet. Uniswap, Curve, and SushiSwap are among of the most popular DEXs.

The goal of KeplerSwap is to create a truly open, decentralized market-making system. It will be a public chain-based decentralized multi-chain and cross-chain financial platform. It has the following features that are open to the public:

  1. Everyone is welcome to join KeplerSwap. All users can join the DeFi 2.0 platform building and collaboratively create a real Decentralized Autonomous Organization based on the referral program (DAO). Users are not required to register in order to participate in transactions.
  2. The community will conduct all qualification checks for the new project after the listing request is opened on the KeplerSwap platform. Members of the community will vote on whether or not the project can be implemented on KeplerSwap.
  3. The Kepler Foundation will provide technical and operational support throughout the early stages of KeplerSwap’s development, and the founding team will step down from project governance once users are able to engage in the platform’s governance. The team will decentralize governance by leaving all technical development, feature development, and platform operation decisions to the community.
  4. The goal of KeplerSwap is to create a broadly accessible financial innovation platform. Everyone on the platform has an equal opportunity to suggest financial planning and direction. All people of the community can work together to achieve financial reform through a community poll.

ABOUT KEPLERSWAP

KeplerSwap is a professional decentralized trading platform that is built on blockchain technology. it provides participants with a comprehensive solution to identity security, asset security and autonomous trading on a combination of blockchains.

Twitter: https://twitter.com/keplerswap?s=20

Website: https://keplerswap.io/

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Content Creator | Digital marketer | Digital Enthusiast

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Content Creator | Digital marketer | Digital Enthusiast

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