A Dive Into KeplerSwap’s Innovative Space Program
Keplerswap is altering the decentralized finance space with innovations that will usher in DeFi 2.0. There are a lot of features that KeplerSwap offers, from decentralized exchange, Space, Lucky Pool, Referral system, Flash loan lending, Liquidity pool and so on. The decentralized exchange allows users to trade, buy, sell or create positions easily. With the referral system, existing users are rewarded for bringing new users into the decentralized ecosystem. For the flash loan lending feature, potential users do not have to possess intense knowledge of blockchain technology before they can enjoy the incredible functionalities that it offers.
SPACE:
Space is an important aspect of the Keplerswap and it is designed to improve the adoption of the use cases of the ecosystem. It is a community of users that discuss about different things concerning the functionalities and changes in Keplerswap. Before a user is allowed to create a Space, they have to follow some criteria. To ensure that space owners behave appropriately, there are voting sessions done to reward the winners.
Based on the KeplerSwap’s whitepaper, the Space is a channel that is designed to allow users to interact with one another and participate in activities that will improve the growth of the ecosystem. The major aim of this feature in this platform is to promote a decentralized autonomous community, where community users can decide what happens within the ecosystem. Space owners are rewarded with a percent of the market-making activities of members in their space. Once a user joins a Space, they are not allowed to leave.
Creating a SPACE:
Only those that have participated in the liquidity pool or referred others that participated in it are allowed to apply to own a Space. The application is then considered before it is approved. If the user doesn’t meet the criteria, they can join the Space created by others and actively participate there.
Owners of a Space are allowed to get a percentage of the returns earned by members, especially when the latter gets involved in liquidity pools. The higher the number of members, the higher the potential rewards.
For more details on the project, follow their social media.