Another powerful dark horse Fstswap, DAO+DEX was born from DeFi Run!

By 2022, TVL's total revenue recorded in DeFi will reach $100 billion, of which DEX will account for 46%, an increase of more than 100x compared to 2019! DEX has become one of the largest in global DeFi, and the rise of the automated virtualization model (AMM) pioneered by Uniswap has led to an explosion in DEX trading volume.

1. DEX trading volume has increased rapidly.

In the past 24 hours, the market volume of the DEX sector has reached $8 billion.

In terms of TVL alone, PancakeSwap, UNIswap and Curve, a stable exchange protocol, are three places above. In terms of market cap, the market value of Uniswap's UNI managed token reached US$22.05 billion, ranking first among all DEXs, nine in cryptocurrency, and CAKE (US$4.785 billion). ).

2. DEX users are growing rapidly.

If you look at the growth of new users in the figure below, you can see that users in the cryptocurrency industry are gradually increasing their awareness and acceptance of DEX after half a century of 2020. And that will only what to accelerate!

Why is DEX growing so fast? Here is an easy to understand translation:

The decentralized exchange Uniswap was launched in 2018. After the platform was released, it was only traded on-chain. ? No, the exchange was paid, but all the money profited.

Then, uniswap, Pancakeswap and other DEX decentralized exchange platforms are all on-chain transactions without fraud and unlike centralized exchanges because all asset data is real.

For example, a bank offers interest rates to depositors based on their income. Banks can use all their loans and other green benefits, and use some of the money they earn from interest-bearing depositors, usually depositors. source of bank income.

Today Decentralized Finance DEX is set to take down this "powerhouse" and establish a fully decentralized liquidity pool written in code (including the AMM Automarket business) and start coming in by injecting its own tokens in the liquidity pool. The commission of 1000 earned by the developer is distributed to each person resulting in an increase in capacity (deposits) in proportion to the pool.

As everything has many differences, the advantages and disadvantages of DEX can be described as follows.

DEX Benefits:

1. There is no need for cumbersome processes such as registration and KYC, and business can be done with one place in the wallet, extra security. All properties are on chain and the owner of the personal key is the owner of the property and there are no third party restrictions.

2. Some new positions that are not visible on the CEX may be traded on the DEX, and some capital may be allocated first.

3. The DEX platform can benefit users by injecting liquids into mining.

Disadvantages of DEX:

1. The ease of use is lower than CEX, the starting point for new users is high, and the user experience is not good.

2. The exchange rate is too high. Compared to the CEX platform, the exchange rate of DEX is still too high, especially on the ETH chain, the exchange rate is still high. Today BSC smart chain exchange rate is lower, DEX agent is PancakeSwap. There are such things as abuse.

3. Consent continues to be insufficient due to the lack of capacity of decentralized DAO organizations to manage the concept of membership aggregation.

Based on the above suggestions on the disadvantages of DEX, the emergence of Fstswap's centralized DEX exchange platform can solve the above problems!

First, understand the basics. FstSwap is a legal exchange based on the BSC Binance smart chain. FIST is FstSwap's management token, with a total of 200 million in circulation. Fstswap entry:

https://app.fstswap.vip

Fstswap's AMM-based DEX has proven to be one of the most significant DeFi innovations, allowing investors to invest in cryptocurrencies in a fully decentralized and unlimited way through a pre-built on-chain liquidity pool . Transparent money transactions. By making simple investments in business affiliate services (LP), business providers can earn money on their investments through exchange rates (based on their percentage of income in the pond).

Fstswap resolves the following issues:

1. The disadvantages of using low voltage combined with the advantages of CEX. For new users, the start of use is minimal. You can clearly see the LP sharing in your private pool and intuitively display 0.3% data rate for 24 minutes. - Trading time, this is something that not every DEX in the world has achieved, it will allow more people to see the gameplay of decentralized DeFi exchanges.

2. Zhuangzhuang security integration, currency value reminds strong anti-risk operation!

3. The exchange rate is very low and the exchange rate for each contract costs around 0.5 US dollars at BNB.

4. People who receive nodes through the DAO (Competitive Node Mechanism) management system can enjoy all the benefits distributed by DEX-Fstswap and can support the improvement of Fstswap!

Blockchain participants use Fstswap's DAO vision to create their own ecosystem and support blockchain development! Several DAO communities have joined together to create a decentralized pool, improving the capital of FIST!

If the DEX wants to break, it's not hard to see how much money is closed, including what to improve in terms of product availability and expansion when combined with control tokens. Measuring the benefits of token management against market demand is also research. It's no exaggeration to say that DEX now takes over half of the DeFi market. This data also highlights the strong competition of the DEX race.

In this booming industry, the decentralized organization DAO offers many new ideas and additional research for the development of DEX-Fstswap! Fstswap could become the most popular DEX in the entire industry!