From CEX to DEX, Bull SWAP creates more value based on income.

According to data from CoinMarketCap, there are currently 447 cryptocurrency exchanges. With the development of the cryptocurrency market, the evolution of the whole process from traditional financial exchanges and centralized exchanges to decentralized exchanges symbolizes that the cryptocurrency trading has developed a new concept and the technology of decentralized blockchain has become a model.

Evolution from CEX to DEX

CEX and DEX play different roles in the cryptocurrency market, and the major gains are driving more practitioners into the exchange to further enhance the growth of the cryptocurrency trading ecosystem. The main difference between the two is that CEX devices are stored in the exchange wallet and DEX products are stored in the user's wallet. In contrast, the DEX market model is close to the decentralization strategy of ready-to-use blockchains.

In this role, CEX adheres to traditional exchanges, banks, etc., enabling buyers and sellers to hold funds, conduct business, provide security and oversight, and DEX is also the largest group for DeFi plans. Encourage third-party campaigns to intercept funds, give investors greater control over their privacy, and improve confidence in business processes.

However, since Compound released performance, the DeFi ecosystem has grown, attracting more and more investors. With the market boom, DEX is slowly gaining ground over CEX. From CEX to DEX, it solves different problems at each level.

security of funds. Users were concerned that their money would be stolen or exchanged, the lack of confidence in the trading process, the availability of DEX, the security was very good to provide a certain block of protection to the users, each user has the business address independent that you have. However, you need to reinforce management values. If the key is lost, it cannot be restored.

Business marketing. CEX is under government supervision, and foreign countries will have various blockchain ecosystem supervision rules, as a decentralized innovation ecosystem, DEX has not been properly assessed, who can participate in the development and to the functioning of the ecosystem. This is an issue that the parties are paying more attention to.

Good performance. Since most DEX projects are traded on the Ethereum network, congestion issues arise making all trading and solutions inefficient, while CEX is critical which is beneficial at work. It will be sent once your wallet has been charged for the exchange. All addresses in the exchange, wait for the user to indicate, then the exchange will match the exchange. Similar to traditional P2P financial models, CEX exchanges serve as a comparison intermediary.

In summary, continuous improvements in bottom-up technology and frequent improvements in open applications have resulted in an increase in DeFi. According to Footprint Analytics, there are currently over 1,026 DeFi projects, of which 254 are DEX and other projects. 772, DeFi's Total Lockup (TVL) reached $ 280.7 billion, of which DEX was over $ 86 billion, DEX TVL was 33% of DeFi TVL's total, and DEX became a mainstay of DeFi. ecosystem.

Bull SWAP: DEX based on the liquid pool

Whether it is a traditional financial market or a cryptocurrency market, the income stream is large, and without a market it is difficult to recover rather than market growth. Liquid pools can contain two or more tokens, and these tokens are included in the DEX chip card and can be redeemed by the user at any time.

The logic behind extracting cash from Bull SWAP is simple. Users provide High Performance AMM Protocol Business Partner (HOC-RMC) and earn LP tokens. They can promise LP tokens in exchange for project person tokens. These models provide strong financial backing for potential traders and are willing to provide cash flow to their tokens to generate more income. The extra performance allows users to not only get higher AMM trades, but also promise LP tokens to get more project-based tokens to get higher income again.

Bull SWAP's liquidity incentive mechanism gives more money to the process by rewarding users with existing tokens and giving them the opportunity to increase their value due to the rapid growth in the number of users.

After the RMC smart chain went live, the Bull SWAP liquidity extraction mechanism was introduced to ensure sufficient liquidity for the launch and continued operation of the platform and reduce trade slippages for users of the market. 'ecosystem. After the advent of Bull SWAP, various DeFi protocols were born. This is enough to prove that water extraction has reduced barriers to access for both the user and the DeFi project design team.

Bull SWAP The future: the rise of ecology

The combination of DEX and LP tokens has resulted in a huge increase in the token chain industry and mining investments. Strict lending procedures and risk management standards form the basis for compliance with exchange rates and decentralized panoramic services. Bull SWAP documentation for chains and metering services provides the straightforward process needed by many DeFi applications and facilitates the development of many other applications.

The blockchain ecosystem is constantly evolving and evolving, and many functions of the Bull SWAP have continued and evolved through innovation. From CEX to DEX, it addresses all levels of network connectivity, fuel economy, cost savings, and more. The challenge is to provide a better experience and value for the project and its users. We believe there are many projects that will support Bull SWAP and bring greater value to RMC smart chains in the future.