On the 15th, GIBXSwap announced that it would collaborate with BabySwap. Both platforms have collaborated to launch new farms and mining pools to provide more benefits to users.
After GIBXSwap is released, more users will participate in the DeFi wave due to its benefits. Thanks to the simple operation method, people who want to join the DeFi wave will find it much more manageable. GIBXSwap dramatically improves people’s ability to participate in DeFi and fully appreciate the traffic and benefits that DeFi brings. When GIBXSwap is officially launched, every user will have a more convenient and faster trading experience. The overall development of the DeFi ecosystem will be excellent.
GIBXSwap has added new features to assist in the addition of more high-quality products and services. We will continue developing and adding high-quality products and services to existing exchanges. GIBXSwap’s new ecosystem will be fully operational. The benchmark will catch up to global CEX exchange leaders BINANCE, HUOBI, and COINBASE, among others, and will create coins, contracts, De, and so on. The entire industry chain ecology, such as mining machines and the platform 2.0 ecology, has recently been launched. Based on such a strong team background and operational capabilities, GIBXChange will capitalise on its advantages in traditional and digital finance and continue to add more trading pairs to enrich the product line of spot and options contracts to meet users’ increasingly diverse investment needs.
GIBXSwap specialises in mainstream cryptocurrencies, whereas BabySwap specialises in newborns. BabySwap also offers Trade Mining, NFB, Playground, and Bottle and various services such as turnover increase, NFT branding, drainage promotion, growth fund, and so on. To subsidise or lock positions, the platform currency BabySwap is integrated into these functions.
The newly launched GIBXSwap will also allow for liquidity mining, transaction mining, asset cross-chain functions, and the implementation of a board of directors mechanism. The GIBXSwap board of directors mechanism stakes a single currency and a designated LP and can divide “X” according to the proportion of locked positions. “X” will include an entire repurchase mechanism.
Every quarter, a portion of the GIBXSwap platform profits will be used to repurchase and airdrop “X.” The repurchased “X” will be destroyed immediately, and the repurchase record will be made public as soon as possible. To ensure openness and transparency, users can query through the blockchain browser; the “airdrop” portion will be allocated based on the weight of each pool and then dug out based on the proportion of the locked position. To put it another way, “X” is a deflationary currency. You can earn passive income by holding the currency in times of deflation and high liquidity!
At the same time, GUSDTTM will be required to bind as the platform currency, and GUSDTTM can be used to deduct GIBXChange platform transaction fees and GIBXSwap platform transaction fees. Users who participate in transactions on the GIBXChange platform, regardless of the tokens being traded, will receive a discount on the transaction fee if they hold a total amount of GUSDTTM.
GIBXSwap is a decentralised transaction protocol built on an automated market-making mechanism that combines the distinct advantages of multiple essential public chains. The central idea is to avoid the various drawbacks of decentralisation to reap the benefits of decentralisation, build a high-performance composite DEX ecosystem, and maximise participants’ rewards through the “dual mining incentive” of liquidity mining and transaction mining. A self-driving value capture ecological closed-loop has also been realised through the fee repurchase and destruction mechanism.
Keeping up with the trend and attempting high-yielding investments is the investment philosophy that prevails at the start of life in the digital asset market. In 2021, GIBXChange will continue to introduce new ones while adhering to the operating philosophy of safety, smoothness, stability, and sophistication and is dedicated to creating the best digital asset trading platform for blockchain globalisation. GIBXSwap and Babyswap are dedicated to building the DEFI universe together in the future.
