The DeFi industry has been among the fastest-growing FinTech sectors in 2020, with liquidity pools collecting tokens worth over $9 billion in August. While Uniswap is still in the leading position with its 17% market dominance, there’s a number of unicorn projects performing nose-to-nose with it. According to DeFi Pulse — Maker, Curve and AAVE each have over $1 billion locked in their pools.

The market growth has become especially sharp in the last two months. Representatives of DeFi services such as yearn.finance and Uniswap come to mind. The price of the YFI coin increased from $100 to $40,000 within two months, with the daily volumes on the Uniswap decentralized exchange (DEX) surpassing those of Coinbase and are now reaching $1 billion per day. Let’s stick with Uniswap.

The existence of DeFi (Decentralized finance) has brought tremendous transformation and has rapidly increased the rate of adoption of cryptocurency investment around the world. As a result of Defi and its interesting products, so many people have returned to trading, staking as well as lending cypto assets.

It has been improved and refined. Its smart contract will also soon to fix any potential bugs and vulnerabilities.
In SpaceSwap DEX, users provide their crypto liquidity and, in return, get tasty rewards on the top of APY rates. They also get a serving of Milky Way (MILK) coins. SpaceSwap differs from Uniswap since its menu includes more treats, such as the MILK-SHAKE pool with high APY rates and SHAKE for extra earnings.
Since SpaceSwap is initially based on the Uniswap model, it features a similar reward distribution algorithm with one significant difference — 0.25% of Uniswap’s transaction fees are shared directly with liquidity providers. In contrast, 0.05% is converted back to MILK and given to holders. Shortly, more Defi protocols (e.g., Curve, Maker, Compound, etc.) and pools will be added, each with its token model. Note that this guide explains only the token model for Uniswap’s protocol.

Spaceswap hosts in a decentralized system to protect its surfaces. The project’s developers have striven to place maximum transparency and control over the services in the community’s hands, and it all starts with the website. Its availability will be ensured by network participants, which guarantees round-the-clock availability and absolute protection against server failures.

SpaceSwap guarantees a fair distribution of 100 fair coins, without any hidden charges. The project is launching a single pool for several stable coins at once, significantly reducing gas costs. The community has the right to decide how many collections it needs through a fair voting system. It a designed to allow customers to independently determine which pools to provide liquidity to, using LP. SpaceSwap will combine the best services as well as ongoing liquidity, so millions of users can find what they need in one place. We are one week away from a real revolution in the Defi market — join us. In short, SpaceSwap is a Defi aggregator with attractive features. SpaceSwap provides more options for liquidity providers. It distributes MilkyWay Management Tokens to users who make cryptocurrency deposits. The official launch of the SpaceSwap protocol took place on September 10. Mark this date on your calendar to witness the revolution!

• contact SpaceSwap team
• https://spaceswap.app/
• Telegram: t.me/SpaceSwap
• Twitter: https://twitter.com/spaceswapdefi
• Medium: https://medium.com/spaceswap
• Email: info@spaceswap.app

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