KeplerSwap: A deeper view to DeFi 2.0
In the last article, I highlighted the fact that KeplarSwap envisions the establishment of a more sustainable cross-chain decentralized finance platform under DeFi 2.0, and this is due to the limitations and challenges that accompanied DeFi 1.0. (If you have not read the article yet, do well to read it up here).
This article helps to guide the reader on the important prospects of DeFi 2.0 and what KeplerSwap is doing… That being said, let’s take a deeper dive in!
According to Jamie Burke, the last decade 2010 to 2020 has created a software layer for the internet capable of creating (minting), storing, moving around, lending & borrowing, digitally scarce, programmable value with minimal intermediation. Centralized exchanges and wallets (CeFi) being the minimal mediation layer that improves accessibility and abstracts technically complex administration and custody, but most importantly acts as a gateway (for distribution) for new demand to enter the system.
Unlike the current financial system; DeFi is a bottom up, open source, permissionless, environment based on ‘hyper competition’ which seeks equilibrium between Yield vs Efficiency. At face value that might look like a paradox, and has been called ‘The DeFi Paradox’. However, this could be only true if the ecosystem is not fundamentally growing: bringing in either more collateral (supply) but also more liquidity (demand) and closing the loop.
The KeplerSwap DeFi 2.0 is to connect all members who can provide liquidity to the community. It uses liquidity rewards as an access point and binding the rewards with future user’s transactions. It aims at providing a standard user interface, sustainable and decentralized financial framework.
When compared to DeFi 1.0, the DeFi 2.0 ecosystem created by KeplerSwap has quite a number of advantages:
- KeplerSwap is dedicated to breaking the old trading model of DeFi 1.0 by creating a strong vertical link between users and a strong horizontal link between all members in the ecosystem, making KeplerSwap the standard dynamic trading platform.
- KeplerSwap offers a weekly Lucky Pool to incentivize outstanding liquidity pool providers. It helps to maintain an interest in user liquidity contribution.
- KeplerSwap offers to reward outstanding SPACE SPACE Contribution Awardowners. ASPACE owner is defined as a market maker that creates an amount of liquidity to the system. Members are polled for outstanding SPACE owners. The prize is accumulated from a 30-days liquidity contribution pool. At the adoption stage, KeplerSwap will grant full governance and decision-making right to the community members. Making poll function universally available to the members is the first step towards decentralized governance.
To get more information about KeplarSwap, you can connect on the following platforms:
Website: https://keplerswap.io
Telegram: t.me/KeplerSwap
Twitter: https://twitter.com/keplerswap