The powerful Kingswap DEX has launched with all of the best of the best from the trading community.
Hello and good morning to all of us here on Publish0x! This is me again wherein I am about to share with you guys about Kingswap and why everyone is so excited about its recent launch the past days. We are going to talk Kingswap as to why they are the ones to choose in terms of providing liquidity, depend on it for swapping assets, and other things you can do in DEFI such as Yield farming.
If you would like to read my in-depth analysis and explanation about KingSwap Defi, you may go to my blog post on Steemit here: https://steemit.com/kingswap/@frankydoodle/kingswap-the-king-of-the-swapping-different-kinds-of-assets-and-the-pioneer-of-rewards-producing-nft-for-the-users-and-liquidity
Alright, in this post, I will tell you how you can take advantage of the soft launch of the Kingswap DEX and yield farming and how you could earn passive income in KingSwap.
Just this October 30, 2020, I have read on Uniswap's Twitter that they have already secured a lot of funds from different investors such as Plutus Venture Capital, Hashstreet Venture Capital, Alpha Sigma Capital, Tradecraft Capital, and 7CC. These backers and investors are sophisticated investors and know what they are doing and who they fund. It can also be seen in the team that there are a lot of experts from the banking industry and internetwork experts and blockchain that is in the Kingswap team. I have a very positive thought that Kingswap will be the leading DEX in the following months because they will implement the different aspects of using DEXes.
Kingswap's DEFI Yield Farming launched!
The one above was the Kingswap Decentralized exchange for Yield farming. There would be more incoming features to this by the team as well and other products inside the Kingswap exchange guys! Let me walk you through this opportunity to earn passive income.
How to earn $KING tokens by being a liquidity provider?
1. Download a Metamask wallet: https://metamask.io/ and create a wallet. Save your seed phrase and keep it where you are the only one who knows it.
2. Buy Ethereum from a local exchanger of your choice in your country.
3. Send the ETH to your address on your Metamask wallet.
4. Go to Kingswap's official Uniswap info and contract address here: https://info.uniswap.org/pair/0x486c1609f9605fA14C28E311b7D708B0541cd2f5
5. Swap 50% of your ETH to Kingswap tokens.
6. Approve and max the Kingswap tokens to be supplied with the 50% equivalent of ETH on the Uniswap liquidity pool. 50/50 pair.
7. After supplying, go to this website: https://www.kingswap.exchange/ and click 'see the quest'
After that, click this
And then for the last, you need to approve your Uniswap LP tokens to be staked in the Kingswap's staking platform to generate more $KING tokens. If you would see the APY, you will be amazed!
After doing that, just sit back and enjoy your earnings every day!
The advantages of the Kingswap exchange and yield farming method compared to others
1. The smart contracts are audited---> If you would want to do DEFI, there are smart contract risks. Kingswap team already knows that and has multiple audits with the smart contract. This is a very secured DEX perfect for global demand of different token swaps and yield farming strategies.
2. High APY--> You have no need to wait for long periods of time to earn your ROI because with Kingswap, aside from being a liquidity provider for KingSwap where you can earn from fees, you will also be able to yield farm $KING tokens wherein the near future will be used for the governance of Kingswap's Decentralized finance.
3. Legal license to operate---> One to boast with Kingswap is their legalities and physical office worldwide. Since they are backed with different legitimate companies, there are a lot of licenses and permits especially if you are into crypto space. Guys, this is the real deal!
Kingswap NFTs
What is Kingswap NFTs again?
----> These are Non-fungible tokens wherein you could have them classified as distinguishable in the ETHEREUM blockchain. They are ERC-721 tokens being circulated in the ETH blockchain. Now, these valued NFTs are not just ordinary NFTs. They will be the way to your financial freedom and Kingswap rewards!
I quote from my blog on Steemit as well so you could see it here:
A. KingVamp
---> This is the Kingswap's front for the NFT community lovers. This is not an ordinary NFT unlike others. This King NFT tier will give you guys a 60% share from the 10,000 rewards per block! And also, this NFT will give you exclusive top-tier rewards from Kingswap community if ever they have partners with other projects that will integrate with Kingswap. The King NFT is worth 10 ETH. I am telling you guys, this NFT is worth it! For sure! It is rare and can even go higher price the moment you saw the benefits of holding this NFT.
B. QueenSparkle
---> This is the mid-tier one for the Kingswap community. This one costs about 2 ETH and it gets about 30% share from the 10,000 rewards per block rewards and also will be eligible for other airdrops that are valuable on the Kingswap platform as well!
C. Knight Lancelot
---> This is the 3rd tier of NFT from Kingswap. This NFT costs about 0.2 ETH and has a 10% share on the total rewards and the upcoming other airdrops to the NFT holders. It is still better to hold this and buy some than having nothing! I am telling you guys that Kingswap will be the next big thing in the AMM industry and cryptocurrency trading platforms.
The airdrops for NFT holders will be awesome guys I am telling you right now.
KINGSWAP's BIGTIME ROYAL TEAM
The Kingswap's Royal Advisors
If you do have anything you need to know more about Kingswap, you may visit the ones below for website, social media channels and different media exposures.
Website: https://kingswap.io/
Twitter: https://twitter.com/Defi_KingSwap/
Discord: https://discord.com/invite/fD2DrJY
Github: https://github.com/KingLuigy/KingSwap_NFT
Linkedin: https://www.linkedin.com/company/kingswap/
Telegram: https://t.me/kingswap
Facebook: https://web.facebook.com/thekingswap/
Here are other of my blogging profiles:
Steemit: https://steemit.com/@frankydoodle
