Ultron Foundation | What is the Ultron Swap Advantage? | |
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. | |
| Related Link: Click here to visit item owner's website (0 hit) | |
| Target State: New York Target City : Ellicottville Last Update : Nov 27, 2024 3:59 AM Number of Views: 19 | Item Owner : Ultron Foundation Contact Email: Contact Phone: (None) |
| Friendly reminder: Click here to read some tips. | |