Changing Concepts Revolving NFT's & AMM's
Alongside with rising of Uniswap and AMM protocols we saw a bunch of new AMM's rise up in many blockchains such as Ethereum. This was followed by new tech revolving around NFT's and what can be possibly be done with them regarding trading, liquidity and other things. KingSwap is one example of this innovative wave, which ill be talking about today.
KingSwap is the newest decentralized finance (DeFi) liquidity pool platform that is a further and better evolution of UniSwap. In addition to offering off-ramp fiat currency converting solutions to allow users great convenience between the fiat and cryptocurrency worlds. KingSwap has also added some new Blockchain community-oriented features to the Uniswap's core design, which will help the offering to boom and provide user-friendly real-time benefits in terms of price curves and contributor rewards. Our protocol design offers to align incentives for the users by introducing strategies like pool rewards & network effects.
Kingswap is a fork of the Uniswap protocol but adds many improvements and features. For example, after the liquidity pool migration, Kingswap will add Layer 2 and Layer 3 implementations that are technological developments. There are also legal certainty and fiat off-ramp improvements over Uniswap and Sushiswap.
Users can Stake KingSwap NFTs to earn higher yields and limited-edition digital collectibles, tradable on OpenSea and Rarible. KingSwap’s new NFT staking program allows users to stake their King, Queen, or Knight NFTs for a set period of 3, 6, 12, 24, or 48 months, similar to a bank’s Certificate of Deposit. For a 12 month commitment, investors earn 60% APY for staking a Knight NFT (worth 10,000 $KING tokens), 80% APY for staking a Queen NFT (worth 100,000 $KING tokens), and 100% APY for staking a King NFT (worth 1 million $KING tokens).
- At any point you are able to sell any of these NFT's
- There is also Farm projects available for NFT's & KING Token LP Holders - https://www.kingswap.exchange/farms
- Enter to raffle's to win more NFT's
- Or Alternatively stake with your owned NFT and reap benefits with KING tokens
The New Shop Platform
Also not too long ago they have started out a shop platform called KingSwap Shop that allows people to participate High Yield DeFi with Credit or debit card, earning 1% per month of their investment (with the lowest package up to 5% with highest).
KingSwap’s packages which allow the users to not only start their own crypto journey but have the first-hand experience of changing their cash to cryptocurrencies and owning their very own BTC and $King Tokens, and also enjoy profits without needing any technical knowledge as returns are generated automatically by the KingSwap platform through Decentralized Finance (DeFi) yield farms and staking.
These can be quite lucrative investments, but at same time risky, so make sure you read up before you make any type of an investment on this. Now it also needs to be mentioned that they have ongoing bounty program going on which is going to raffle bunch of $KING tokens alongside Bitcoin, so this could be chance for you to make some extra bucks - https://bounty-kingswap.info/r/oE78MYKme68fwNX
