Multi cross blockchain with ERC 20 protocols, OEC, formerly known as OKExChain,
A public permissionless blockchain that no one fully controls
Net Savings Link, Inc. (OTC: NSAV), a cryptocurrency, blockchain and digital asset technology company, whose vision is the establishment of a fully integrated technology company that provides turnkey technological solutions to the cryptocurrency, blockchain and digital asset industries.
Blockchain will become the underlying infrastructure of the digital world in the future, and its economic value are vast..
Decentralized exchanges (DEX) are a type of cryptocurrency exchange which allows for direct peer-to-peer cryptocurrency transactions to take place online securely and without the need for an intermediary.
When you deposit money in a bank, you’re effectively making a loan, for which you get interest in return. Yield farming, also known as yield or liquidity harvesting, involves lending cryptocurrency. In return, you get interest and sometimes fees, but they’re less significant than the practice of supplementing interest with handouts of units of a new cryptocurrency. The real payoff comes if that coin appreciates rapidly. It’s as if banks were luring new depositors with the gift of a tulip -- during the Dutch tulip craze. Or a toaster, if toasters were the object of wild speculation and price swings.
Liquidity mining is the core of any defi projects, because those projects are typically not listed in any CEX and users must go to DEX liquidity pool to buy and sell. Therefore liquidity mining of new tokens must have a high APY to attract traders to provide liquidity, usually ranging from 1% daily to 6% daily. Without compounding, 1% daily equals to 365% profit over a year, ignoring the possibility that the LP token may decline in value (discussed separately below). With compounding, 1% daily would yield 101%^365-1 = 3,678%. At 6% compounded hourly or more frequently, we can see an APY exceeding hundreds of billions. Transaction fee is the major obstacle of compounding. Because Defi projects run on public blockchains, compounding requires the user to interact with the contract to put the earned interest into the LP token, and therefore triggers a transaction cost.
Cryptocurrency exchanges provide a crucial source of liquidity to the global cryptocurrency market, facilitating billions of dollars in trading volume on a daily basis. As this market expands, leading exchange platforms continue to scale in response to the demand for digital assets, offering asset custody, new trading features and functionality, and access to an ever-growing number of digital assets. With disintermediation as a core philosophy of the blockchain community, decentralized exchanges — or DEXs — have gained in popularity alongside traditional centralized exchanges (CEXs).
Decentralized exchanges take a different approach to buying and selling digital assets: They operate without an intermediary organization for clearing transactions, relying instead on self-executing smart contracts to facilitate trading. This dynamic enables instantaneous trades, often at a lower cost than on centralized crypto exchanges. In the absence of intermediaries, DEXs take on a non-custodial framework. This means that you retain custody of your cryptocurrency and are responsible for managing your wallets and private keys. Holding your private keys is considered a boon to users who want to maintain complete control of their assets.
However, this comes with the risk that your keys could get lost, stolen, or destroyed; or in the unlikely possibility that you become incapacitated or pass away suddenly, if no one knows your password, your keys can’t be accessed. The lack of an intermediary also means that most DEXs have limited counterparty risk and are not required to follow Know-Your-Customer (KYC) or Anti-Money-Laundering (AML) regulatory standards.
The emerging DEX market encompasses distinct segments. Each platform uses various implementations of order books, liquidity pools, or other decentralized finance (DeFi) mechanisms like aggregation tools to offer novel and experimental financial instruments.
Even in the earliest stages of development, decentralized crypto exchanges offer advantages that impact digital asset custody and diversity, transactional trust, trading fees, and investor privacy.
Link: https://www.youtube.com/watch?v=_1C4uCY-yLk
