REVEALED, !! NEW NOMISWAP DECENTRALIZED EXCHANGE TO REPLACE PANCAKESWAP PROFITABLY !!
The new “Nomiswap” Decentralized exchange is on its toes at the fastest speed to being a profitable replacement of the almighty “Pancakeswap”!
Just in case you don’t know about pancakeswap, PancakeSwap is the leading decentralized exchange on BNB Smart Chain, with the highest trading volumes in the market.Before we keep digging, let’s get to know what a Decentralized exchange is.
A decentralized exchange (DEX) is a peer-to-peer marketplace where users can trade cryptocurrencies in a non-custodial manner without the need for an intermediary to facilitate the transfer and custody of funds. Decentralized exchanges offer lower transaction fees, allow the user to hold their own assets, and avoid a few regulatory burdens. Thus, Decentralized exchanges are growing in popularity as a non-custodial way to trade assets without the need for a middleman.
If you are considering buying or selling crypto, your first port of call will probably be an “exchange”. These are the digital marketplaces where most crypto trading takes place. You have probably heard of a few: Binance, Kraken, Uniswap and so on. Most are centralized and use a business model similar to traditional institutions like the New York Stock Exchange. But a growing number are decentralized (Pancakeswap, biswap, nomiswap) etc. and radically rethinking how exchanges can work.
HOW DIFFERENT IS DECENTRALIZED EXCHANGE FROM OTHER EXCHANGES , SPECIFICALLY CENTRALIZED EXCHANGES.
CEXs are exchanges that typically require that users place assets in their custody (the Institution’s custody) before trading.Centralized cryptocurrency exchanges act as a third-party between a buyer and a seller. But on the other hand, Decentralized Exchanges (DEX) do not require any middle man/intermediary in trading.
The growing popularity of DEXs may in part reflect their success in dodging some regulatory hurdles. A company that builds a DEX avoids acting as a financial intermediary or counterparty and does not have to meet know-your-customer (KYC) or anti-money laundering (AML) standards because it operates autonomously.This has led to many CEX turning into a DEX.
For Example, ShapeShift used to be a CEX until its CEO said the company lost 95% of its users as a result of KYC measures it was forced to implement in 2018. In 2021, Shapeshift decidedly pivoted and became a DEX to shrug off this problem.
Nevertheless, DEXs may struggle more than CEXs in liquidity production. That is, most DEX cannot offer as much liquidity. When they meet with insufficient liquidity, large orders can face unplanned additional costs called “slippage”. But,new aggregator protocols like Nomiswap have emerged specifically to help larger investors avoid liquidity problems when using DEXs.
INTRODUCTION TO NOMISWAP
Nomiswap is a Binance Smart chain based Decentralized exchange which started in 30th December 2021 and launched on January 2022 and is constantly evolving.
It is seen as a profitable replacement of the popular “pancakeswap” and also the First DEX in DeFi space with 0% swap fees and team farming.
The platform is gaining much popularity because it is the first DEX on the market with a binary referral system and the lowest platform transaction fees (0.1%).Currently, the platform is capable of swapping BEP-20 tokens on the Binance Smart Chain network but will support multi chains in the future according to roadmap.
Nomiswap is backed by the widely recognized centralized exchange and both of these platforms are deeply integrated with each other. This means that Nomiswap DEX has its own CEX. This is a beautiful idea and a good innovation.The sole aim of Nomiswap is to become a benchmark for DEX platforms. Nomiswap seeks to achieve the tittle of becoming the leading DEX platform on the market for token swaps.Although the exchange is new, it is almost at the peak of achieving this aim. Nomiswap DEX is a big threat to Pancakeswap DEX in terms of becoming the leading DEX platform on the market.
As young as the exchange is, it was able to enter the TOP-4 by TVL among all DEXs on the BSC network.
Also, it is currently in the TOP-40 on CoinMarketCap among all decentralized exchanges in general in the world .Click here to check it out. https://coinmarketcap.com/ru/rankings/exchanges/dex/.
Finally, the index measuring of a crypto project’s relative security, market performance, and social sentiment of Nomiswap is as high as 88% and its Smart contracts have been audited for security .
WHY IS NOMISWAP A PROFITABLE REPLACEMENT OF PANCAKESWAP?
Ability to trade with 0% fee — The utilitarian farming/staking feature on the exchange makes it possible for you to be receiving trading fees cashback corresponding to your amount put in liquidity pools or launchpools.
Unique Nominex/Nomiswap CeDeFi ecosystem providing you the opportunity to get rewards and benefits just by using the Nominex centralized or Nomiswap decentralized platforms.
Utilitarian farming and staking — means that you get extra referral rewards, referral program qualifications and special size of trading fees cashback for the amount of value kept in farming pools with NMX token.
Referral rewards from 3 types of activities — you get rewards from paid swap fees, from farmed tokens and from tokens earned via launchpools.
Binary referral program with 2 types of rewards — Users get rewards from all activities of their own direct referrals (people who started to use the platform via your referral link). And also, you earn rewards from all activities of your whole referral team from all people under you in your referral structure on any level below you — it is called unlimited referral levels.
Nomiswap Launchpool and Farms which help project teams promote their token and get exposure to all Nomiswap active users across the globe. The Nomiswap Launchpool also allows a user to stake NMX tokens to earn tokens of other projects for Free. The number of tokens received depends on the number of tokens a user has subscribed to the pool and the total amount of NMX tokens staked in pool
Nomiswap is fast, secure and anyone can swap and earn tokens
OVERVIEW OF NOMISWAP EXCHANGE AND KEY FEATURES EXPLAINED!
This is where exchange between tokens(trade) of tokens the Binance smart chain is done. Swapping tokens on Nomiswap attracts a cash back. Up to 100% of the trading fees is returned in NMX token and the percentage of cashback depends on your farming level.
For more details on how to swap, refer to the video below .
Liquidity simply means the ease with which tokens can be swapped to other tokens. You can add and remove liquidity anytime from the pool. Adding liquidity attracts rewards from the pool. It is important for DEX to have sufficient liquidity in order for swap to be possible or avoid slippage. More liquidity = more ease of swap
This is a reward mechanism for DEX liquidity providers and also a mechanism for issuing NMX tokens to the market not through sale but through distribution among users. There are over 35 pools in Nomiswap. Every day at 0:00 UTC, this bonus is automatically credited in the form of additional NMX tokens to each person who participates in personal farming (bonus holder). This bonus is awarded to all farmers in proportion to their funds invested in staking, similar to the rules for NMX distribution in personal farming. The only difference is that when calculating the bonus for the duration of farming, increasing coefficient is used, depending on the duration of your continuous farming. For how to start mining, refer to the video beneath.
· Launch pools
The Nomiswap Launchpool allows a user to stake NMX tokens to earn tokens of other projects for Free. Just as mentioned earlier, the number of tokens received depends on the number of tokens a user has subscribed to the pool and the total amount of NMX tokens staked in the pool.
Boosting of pools will soon be available in Nomiswap launch pools. The size of the daily pool of this bonus is exactly 20% of the pool of tokens that are distributed through personal farming.
· Referral Program
The program features an unlimited number of referral levels that are structured as a binary tree, 6 types of bonuses and is integrated into the NMX distribution model. Its main purpose is incentivizing people to promote Nominex and Nomiswap platforms among their friends, followers and communities. All people who use Nominex or Nomiswap platforms have a place in the referral structure. You can earn from your whole referrals and from the whole team (hybrid model) even if they farm in pools where there is no NMX tokens. The bonuses come from the whole team and not just your direct referrals. Also, you enjoy the Eco-friendly referral model where the inviter earns only when the invitee earns from farming NMX. For more details on referral program refer- https://nomiswap.io/referrals
This is where all your rewards and cashbacks are shown. With your rewards, you will:
Receive from 5% to 10% of the amount of NMX farmed by your direct referrals as Referral farming reward, Receive from 5% to 20% of the amount of NMX farmed by your weak team as team farming rewards,Receive from 5% to 20% of the amount of NMX farmed by your weak team and Team trading reward.Receive from 5% to 10% of the amount of trading fees paid by your weak team as a team trading reward.
This feature makes it possible to track all information without leaving the exchange. You will find your transactions, tokens, charts, pools, and any action you have taken on the exchange.
WHY YOU HAVE TO USE NOMISWAP/ LAUNCH YOUR PROJECT ON NOMISWAP?
Nomiswap is the best recommendable DEX as of now. As a user of the nomiswap DEX, you will enjoy more profitable farm rewards, earn trading cashbacks, and many more lucrative offers.As a project owner, you will enjoy the following for choosing Nomiswap DEX:
- Global exposure Get access to all Nomiswap users across the globe
2. Liquidity Projects launched on Nomiswap Launch pool will be listed and have high trading liquidity.
3. Token Distribution Your token will be instantly distributed to a large user base that holds your token.
4. Trading Competition Nomiswap will organize a tournament dedicated to your project to maximize trading volume with your token.
5. Marketing Boost Your project will be promoted across all our social media platforms.
To keep updated on Nomiswap visit the links below: