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Liquidswap (LSD) is a decentralized exchange (DEX) on the Aptos blockchain. It enables safe and decentralized token swaps using smart contracts written in the Move language. Liquidswap supports both stable swaps for correlated assets (like stablecoins) and uncorrelated swaps for other tokens.
The LSD token is used for governance of the Liquidswap protocol. This includes setting protocol parameters, managing the community treasury, and directing future developments. You can also stake LSD tokens for rewards.
LSD tokens can be staked in a voting escrow (veLSD) system, where users lock their tokens for a period to gain voting power and earn rewards. The longer the lock-up, the greater the benefits. Fees collected from the protocol are shared with veLSD holders, incentivizing long-term participation and engagement in the platform’s governance.
Liquidswap offers various ways to earn, including staking, providing liquidity in pools, and farming with Liquidity Provider (LP) tokens. These methods allow users to earn rewards by participating in the exchange's ecosystem.
Liquidswap (LSD) is the 28th project on KuCoin Spotlight.
The Liquidswap DEX on the Aptos blockchain allows you to trade tokens directly with other users without a central authority. The platform uses smart contracts written in the Move language to ensure secure and efficient transactions.
To use Liquidswap, you can add liquidity by depositing tokens into a liquidity pool. This helps facilitate trades on the platform. In return, you earn a share of the trading fees generated by the pool. There are different types of pools for correlated and uncorrelated assets, each using specific algorithms to manage trades.
The LSD token is used for governance. By holding and staking LSD tokens, you can participate in voting on protocol parameters, managing the community treasury, and deciding on future developments. Staking LSD can also earn you rewards.
Liquidswap (LSD) was launched by the Pontem Network, a product studio supported by Lightspeed, Faction, and Pantera. It is the first DEX on the Aptos blockchain. The platform went live in October 2022.
The founders and key team members of Pontem Network have not been publicly disclosed. The project's development focuses on providing fast and secure decentralized trading through the Move language.
Liquidswap's roadmap includes expanding its features and functionality:
The team plans to involve the community through governance and staking mechanisms, ensuring that Liquidswap remains decentralized and community-driven.
The $LSD token is used for several key functions within the Liquidswap DEX on the Aptos blockchain:
42 million LSD tokens will be minted initially and distributed over three years. The Liquidswap token distribution is as follows:
Period | Change | Change (%) |
---|---|---|
Today | $0.0105 | 2.57% |
7 Days | $-0.0979 | -18.78% |
30 Days | $-0.2327 | -35.47% |
3 Months | $-0.2909 | -40.73% |
The following advantages make investing in Liquidswap (LSD) a potentially rewarding opportunity in the decentralized finance space.
By understanding these factors, you can better anticipate potential price movements and make informed investment decisions from the LSD price prediction:
These methods provide various ways to earn LSD tokens and benefit from the Liquidswap ecosystem. Always remember to research and understand each method to maximize your earnings safely.