With the rise of defi, the decentralised exchange (DEX) is also well known, and the representative of which is uniswap. According to statistics, the daily trading volume of uniswap has exceeded that of the head exchange coinbase. Uniswap does not require registration, KYC, and is open and transparent. Users only need an Ethereum wallet to carry out all operations. At the same time, it has more currency and stronger liquidity and depth.

However, with the increase of users of uniswap, the disadvantages of Ethereum have been exposed. The transfer fee is high, and the sliding point of handling fee is too high. The user has to spend tens of dollars to complete a transaction, which makes users miserable.

However, libraswap can not only inherit the advantages of uniswap, but also solve the problems such as the jam of DEX exchange, the high fees of Ethereum and the serious slippage.

Libraswap is a trading system based on wave field smart contract. All transactions are carried out on the chain. Because of its distributed, decentralized, and encrypted signature transaction characteristics, it does not need to log in, and the assets are always in their own hands. Any corner of the world can ensure the fair, fair and open use of security. Users can trade here, not only with lower service charges, but also with stronger liquidity and transaction types. At the same time, the project side does not need to register, and can quickly go public to raise funds.

As a DAPP application of wave field, libraswap not only operates smoothly, but also has very low transaction fees and a large number of currency categories. At the same time, libraswap has a constant product automatic market maker mode, which ensures the depth and liquidity of all currencies. It can meet the needs of current users, give users the optimal price to buy and sell, and the sliding point of matching transactions will not exceed 0.1 %。

At the same time, libraswap has also set up the defi liquidity mining Libra pool. Users can pledge BTC, usdt and other mainstream assets to obtain interest and platform token LBR reward. Trc-20 token can also be bundled to obtain LP. For example, when a user uses the libraswap platform ecological token LBR and usdt to pledge to the exchange, a lbr-usdt-lp will be generated to mortgage the LP token to Libra In pool, you can dig BLC.

At present, the return of liquidity mining category of wave field system is very high. The annual income of different products ranges from 500% to 100000%. Although the risks and benefits coexist, most users have made the first few barrels of gold, and more and more project parties have participated in the liquidity mining of libraswap.

In addition, users can also purchase the ecological token LBR of libraswap. LBR combines the fairest and best quality fireworks mode at present, and its total circulation is only 210 million, and it will never issue additional shares. At the same time, libraswap will regularly use a part of the income of the trading platform to circulate on the market every year LBR is repurchased and destroyed. Anyone can query on the blockchain browser at any time to ensure openness and transparency. With the continuous repurchase of LBR token in the market, the circulation volume of LBR token gradually decreases, and its value increases steadily.

LBR will be issued 10% per month, 5% of the existing circulation after two years, and 2.5% of the existing circulation until distribution. LBR will be allocated to users who hold LBR or promote LBR according to the proportion of 50% and 50% every month.

Only in the best currency holding area can the highest return be obtained and large investors can avoid trading. Promotion income is the same, only the best promotion can obtain the optimal income.

At the same time, in order to avoid the black swan effect caused by LBR, libraswap also set up a fomo insurance mechanism. Every time a user purchases LBR, 5% of all LBR purchase funds will automatically flow into the prize pool, with an upper limit of $2 million. At the same time, there is a 24-hour countdown to the prize pool. When there is a bill for LBR, the countdown is increased by 30 seconds At the end of the countdown, 50% of the bonus pool, which is also US $1 million, will be awarded to the last user who bought. The other $1 million bonus will be distributed to the last two to 101st buyers, each with $10000 to protect the assets of the user. Meanwhile, users can actively buy LBR to win the grand prize without any intention of grabbing the prize Users can also break even profit.

In the future, libraswap will add more applications of defi categories, such as Oracle, Dao, etc. libraswap above the defi tuyere will make the whole DAPP more perfect and richer, and at the same time, it will also reserve more rights and interests and playing methods for users. I believe it will become the head DEX exchange that can not be underestimated in the wave field ecology.