What is the Ultron Swap Advantage?
Ultron Foundation Running on the Automated Market Maker (AMM) Method, Ultron Swap allows users to trade with pools of funds known as liquidity pools. Managed by an algorithm that determines the price of the ULX coins, users do not need to wait for other users to match their price to finish the transaction.
AMM algorithm manages the value of the tokens by executing
this logic: If the user sells more tokens, the price becomes lower until
someone on the other side starts doing the opposite (buying more). The AMM
algorithm logic stabilizes the token’s value without plummeting or surging in
the market.
Ultron Swap houses the cross-chain bridge feature that
allows users to swap between different blockchains conveniently. Currently, the
Ultron chain bridges from BNB chain, Ether chain, Polygon, and Fantom. However,
the dev team at Ultron emphasized that they are open to bridging more assets
depending on how the market moves.
One of the attractive features of Ultron Swap is the high
farming APR which ranges up to 104% APR. Crypto investors can use pairs of
USDT, USDC, ETH, BTC, BNB, MATIC, AWAX, LINK, CAKE, DOT, ADA, FTM with ULX, and
USDT/USDC for farming more ULXes, USDTs and USDCs. Ultron Foundation sets aside
a portion of the gas fees to reward the contributors in the liquidity pool. It
is an excellent way to earn more while supporting the ecosystem’s operation.
For enthusiasts who are into staking, Ultron Swap has a pool
where you can stake your ULX to get more ULXes. This pool compounds by adding
the interest earned to your initial staked ULX, increasing the number of your
ULX over time. Like the liquidity pool contributors, stakers will receive a
percentage of the fees proportionate to their contribution.
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