Genshiro GENS - Equilibrium EQ - Polkadot / Kusama Parachain Auction - low cap altcoin 2021
Genshiro GENS - Equilibrium EQ - Polkadot / Kusama Parachain Auction - low cap altcoin 2021
Kusama has Announced The schedule for the Next 5 Parachain Auctions
September 1st - September 29th 2021
And today i want to introduce you to a protocol which i believe have a great chance of not only winning one of the auctions but also the potential to become one of the market leaders within in the Kusama Polkadot ecosystem……
Its time to concentrate on Polkadot and kusama as they are launching their Parachain auctions right now!!!
Equilibrium & Genshiro Cross chain Money Market... another 2 lovely, lovely, sexy looking DeFI dots competing to improve the DeFi Hub of Polkadot and its canary/test Network Kusama… I believe Genshiro Network will win 1 of the next parachain auctions on Kusama and equilibrium on Polakdot..
CURVE Finanace Genshiro is bringing CURVE to the Polkadot Ecosystem….
Introduction to Curve
Uniswap and Sushi have all proven that decentralized exchanges can beat Coinbase and other centralized exchanges at their own game.
But Curve Finance (CRV), a decentralized exchange for stablecoins, demonstrates something different altogether. It enables fast, efficient, and low-friction stablecoin swaps, proving that decentralized currency exchange not only works but is far better than traditional forex.
The reason Curve keeps adding TVL despite less name recognition than Uniswap is Curve’s sole focus is swapping stablecoins, a niche with little to no competition. Being purpose-built as a crypto-forex market also means Curve offers both traders and liquidity providers key advantages:
Low trading fees — Curve offers traders far lower trading fees for stablecoin trades than Uniswap (0.3% per trade at Uniswap vs. 0.04% on Curve).
Minimized slippage — Whale traders and high-volume trading pairs are subject to slippage, but Curve’s similar asset pools minimize this.
No impermanent loss — Liquidity providers on Curve supply stablecoin pairs that nearly eliminate impermanent loss.
Uniswap always trades against ETH, so to accomplish as direct (and cheap) a trade as possible, you need to trade using ETH or for ETH. If you try to trade from USDT to USDC, Uniswap will turn your USDT into ETH, then trade ETH for USDC. Your swap will require two trades, making it more expensive to carry out.
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