Powering non-custodial margin trading with FlashSwap

By Ankr Network | Ankr Network- The Blockchain Cloud Infrastructure | 8 Sep 2020

While DeFi has made it extremely easy to swap different tokens through DEX’s like Uniswap and the emerging SushiSwap, what about a similar exchange for financial derivative?

FlashSwap, a new project powered by Ankr, fills precisely this gap in the DeFi space. In this decentralized protocol, users will be able to trade on a noncustodial protocol and allow margins.

Financial derivatives are a sign of a maturing space, as it allows a broader variety of investors to have exposure in the asset class. Financial derivatives are also the key to speculation and managing a portfolio of various assets for a customized risk profile.

While users will be able to trade derivatives as on other platforms, there are other ways to participate in FlashSwap:

Staking — Node operators participating in transaction validation receive a share of the revenue. Users who aren’t validator nodes can delegate funds and partake in revenue as well.
Governance — On chain governance is implemented and used to enable new features, update risk models, and other FlashSwap protocol changes.
Liquidity Providing — Yield farming has made liquidity providing quite popular in DeFi, and FlashSwap is no different. LP’s are rewarded for giving liquidity, with rewards based on both platform liquidity and pool-specific liquidity.

Like other quickly growing DeFi projects, FlashSwap has outsourced their infrastructure to Ankr. Our enterprise partners in and out of the DeFi space rely on us for a cost effective way to ensure the same level of performance their users expect can be met, without any of the upkeep or maintenance.

And since FlashSwap uses validator nodes for transaction confirmation, users of the FlashSwap platform would also be able to use Ankr for their staking services.

Useful links

FlashSwap official website
FlashSwap Telegram community
FlashSwap Twitter

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Ankr Network

Ankr makes infrastructure for deploying any blockchain node easy, accessible, affordable and instantly distributed across the globe. Telegram:- https://t.me/ankrnetwork Website:- www.ankr.com

Ankr Network- The Blockchain Cloud Infrastructure

Ankr makes infrastructure for deploying any blockchain node easy, accessible, affordable and instantly distributed across the globe. Website: https://ankr.com Telegram: https://t/me/ankrnetwork Node market: https://app.ankr.com Node support group: https://t/me/AnkrNodeSupport