Decentralized finance (DeFi) is one of the main sectors in the cryptocurrency space. Today, the DeFi market is worth over $75 billion, with more room for growth due to the freedom and revenue opportunities it offers users.
The main idea of DeFi is to use blockchain technology to eliminate traditional and centralized financial systems by allowing users to access financial products from anywhere in the world without restrictions.
DeFi protocols offer a number of products including stablecoins, token swaps, credit, derivatives, insurance, asset management, wallets, oracles, and more.
Unfortunately, despite DeFi’s potential to revolutionize finance, the protocols offering such services are very complex, making it difficult for new users to engage with them. Additionally, most DeFi protocols are built on the Ethereum network, which is known for its extremely high gas fees and slow transaction speed.
But MappedSwap promises to provide users with the best trading conditions without compromising security and decentralization.
What is MappedSwap?
MappedSwap is an on-chain decentralized cross-margin swap exchange built on the Eurus network. The protocol allows users to get up to 10x collateral for leveraged and margin trading.
Eurus is a cross-chain network interoperable with the Ethereum blockchain. It was specifically designed to solve EEthereum’s slow transaction times and exorbitant gas fees.
MappedSwap offers users an optimized and intuitive UI design that allows veterans and newbies to seamlessly navigate the platform and the various markets available.
The protocol provides users with high liquidity, low trading fees, and low slippage. These features reduce barriers to entry for users joining the DeFi market and provide new DeFi players with a beginner-friendly way to invest.
Features of MappedSwap
The MappedSwap protocol has several features that make it appealing to investors, some of which include:
MappedSwap strives to increase the efficiency of users’ assets, thereby increasing the profits generated for investors. The protocol allows users to use various funding tools on its platform to trade on available DeFi markets.
Users have access to fast loans on the platform, with less than 0.01% slippage tolerance. They can receive up to 10 times the fund’s allocation for margin trading.
MMappedSwap’s trading fees are also among the lowest in the market, competing with some of the biggest names in the DeFi space, including UniSwap and PancakeSwap. It charges 0.3% trading fee, which is calculated per swap.
Scalability is one of the biggest issues most DeFi networks face. This is especially true for most protocols built on the Ethereum blockchain.
MappedSwap aims to solve this problem by executing transactions in record time using its flexible network technology. The platform can execute trade settlements in two seconds, allowing users to quickly become familiar with real-time market dynamics while reducing the risk of slippage.
The platform has over $6 billion locked in liquidity pools, providing traders with ample liquidity for their trades. MappedSwap has also prepared enough funds in its treasury to maintain liquidity.
The protocol has a referral program that allows existing users to invite their families and friends. When they sign up and start trading on the platform, all of their trading fees go to the user. MappedSwap offers users up to 80% cashback, providing them with a passive income stream.
Mapped Exchange Token (MST)
MappedSwap Token (MST) is the native cryptocurrency of the MappedSwap protocol. The token can be minted by providing liquidity to the platform. Users can also stake their MST to maximize their profits.
MappedSwap is running a promotional campaign that is expected to run for a month, from April 13 to May 12, 2022, and it is offering a giveaway of around 800,000 MST. To win prizes, users must participate in tasks, refer friends and reroll their MST.
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