Tuesday 7 September 2021

KEPLERSWAP ECOSYSTEM

 


Blockchain technology had truly stood the test of time and evolved ever since its inception back in 2008 when the Bitcoin whitepaper was published for the very first time. Satoshi Nakamoto whoever he is, truly showed us how digital money would change the world and how it could function, a point in time since which many blockchain networks have risen, with a large variety in designs and functions associated with them.

One outstanding way in which blockchain technology has been appealing in the eyes of many is due to the fact that it offers decentralization.


What is decentralization?


Decentralization is the transfer of control of an activity or organization to several local offices or authorities rather than one single one. Otherwise it is the ability for a network not to be owned and controlled by any central authority but by several, potentially millions of stakeholders.

However, an issue arises due to this. You see, as the number of networks continues to grow, they remain cut off from one another.

This leads to a lack of interaction between blockchain networks, which limits decentralization and hinders potential advancements of the technology by placing boundaries.

This is where KeplerSwap comes to the rescue. At the initiation stage, KeplerSwap was designed to provide decentralized exchange protocol running on BSC public blockchain. Market participants can trade and place $BUSD assets on the platform. After a period of successful commissioning, KeplerSwap will introduce more decentralized exchange protocols to interoperate with other public blockchains by using multi-chain and cross-chain aggregation features. At the final stage, KeplerSwap will make further improvements to the technical support for DeFi development on public blockchains while specifying the underlying technical standards for interoperability for public blockchains with a special aim of achieving excellence in Defi 2.0. This interoperability between blockchains provided by KeplerSwap, will allow users to access the benefits of each without making any sacrifices when it comes to the host chain.

They can get access to cross-chain collateral, where they can transfer digital assets from a chain that holds high value but few dApps of its own to one that has a large DeFi ecosystem but needs additional liquidity. Thereby providing much needed liquidity, scalability and efficiency.

Follow here for more information visit:

Web: https://KeplerSwap.io

Twitter: keplerswap_dex

medium: keplerswap_dex

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