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Messages - Ninja_Bitcoin

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1
General Discussion / Re: XBTS 🌏 Dex Exchange
« on: September 30, 2020, 10:23:10 pm »


The first SmartHoldem https://smartholdem.io Automated Liquidity Pool was launched

Earn cryptocurrency by providing liquidity!

Pool SmartHoldem STH / BitShares BTS

Instant swap through an Automated Market Maker (AMM) without a deposit and orders. All transactions take place on the BitShares blockchain.

Everything is Simple! Connect your BitShares XBTS Dex account and Create a liquidity pool!

Liquidity Pool is Available in BitShares Mobile (Original BTS ++) v7.0
GooglePlay address: https://play.google.com/store/apps/details?id=org.bitshares.app
Official website: https://btspp.io/
Official download address: https://app.btspp.io
Github: https://github.com/bitshares/bitshares-mobile-app

- Work is underway to add the AMM function to the desktop and mobile client of the XBTS DEX exchange, where the XBTSX.STH / BTS liquidity pool will also be available.
- The user-friendly interface will allow you to create your own liquidity pools.

What is a liquidity pool?
A liquidity pool is a vault where market participants place their assets together to provide a large pool of liquidity for anyone looking to swap an asset in a trading pair. The pool makers become liquidity miners and receive passive income in proportion to their contribution to the pool.

Automated Market Maker AMM is used instead of order book and market maker services, distributing income from trading activity among all pool makers.



How it works?
Each swap of assets that passes through the Automated Market Maker (AMM) of liquidity pool leads to a movement in the asset price. The AMM uses a constant product model to automatically calculate the price and the user only needs to enter the amount. The exchange operation can be performed by the user at any time. Also it requires 5 BTS as a fee to output an asset.

After sending tokens to the pool, the makers receives special tokens (LP tokens) - in proportion to how much of the liquidity they provided. When a swap takes place in which the pool participates, AMM collects a fee and distributes it among all the participants in the pool, in proportion to their share. Also, during transactions, an asset market fee is charged. Distribution formula: liquidity pool fee 0.2% + 0.1% asset market fee = 0.3%, excluding slippage. Fee 0.2% is allocated according to the share of each liquidity maker in the pool.

If you have spare assets, you can provide liquidity to earn interest. The constant (A x B = K) works as the product of the number of both assets in the pool. Thus, the pool can always provide liquidity. The less A tokens remain, the more expensive they become, and the cheaper the B tokens become. If someone buys a lot of STH in an STH / BTS pair, he decreases the STH pool and increases the BTS pool, which immediately affects the exchange rate. The larger the pool volume in relation to the size of the swap, the less this swap affects the price.

Welcome to DeFi!
DeFi is an ecosystem of decentralized applications (Dapps),
which provide financial services based on blockchain without the participation of third parties.

DeFi - Best Decentralized Finance Projects.
I am very pleased with this news.
BTS and STH to the moon!

2
General Discussion / Re: ANTIBOUNTY
« on: July 15, 2019, 11:26:14 am »
Why it named ANTIBOUNTY ?

I really wonder why anti? How is antibounty now different from old bounty?

What are the bonuses? first time I see antibounty... lol

3
General Discussion / Re: XBTS Dex Exchange
« on: July 15, 2019, 11:01:53 am »
Hi! I registered. When will antibounty begin?
What are the bonuses? first time I see antibounty... lol

ANTIBOUNTY. REGISTRATION IS OPEN!
Register and take part in the №1 ANTIBOUNTY campaign in the Cryptoworld!
Fill the form
https://forms.gle/5TvRXgmKSMrvaxiK8



We announce:
- A gaming application that works with four blockchains including BitShares blockchain at the same time!
- A unique affiliate offer. This is more than a game.
- 100% automated system in which only players.
Welcome!


4
General Discussion / Re: ANTIBOUNTY
« on: July 15, 2019, 10:37:54 am »
Why it named ANTIBOUNTY ?

5
General Discussion / Re: ANTIBOUNTY
« on: July 15, 2019, 10:36:15 am »
Hi! I registered. When will antibounty begin?

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