Intro
UBISwap is a decentralized trading platform running on Huobi Eco Chain, with lots of other features that let you earn and win tokens.
In the AMM model, the loss of the liquidity provider is essentially the profit earned by the trading user from the liquidity provider. In other words, when the market rises and the overall buying demand is greater than selling, the liquidity provider is actually playing the role of selling, and vice versa. This is a congenital defect in the mechanism of the automatic market-making model. In the form of profit tax, a part of the profit of the trader is automatically deducted through smart contracts and compensated to the liquidity provider, which may be the best way to solve this problem. In addition to the basic transaction fees, the liquidity provider has an additional considerable source of income, and this income does not come from the additional issuance of system tokens, will not cause inflation and harm the interests of other participants.
UBISwap is born to solve the risk of impermanent loss of LP. In simple terms, it compensates liquidity providers by collecting taxes on profitable traders. For every purchase made by a user on the UBISwap platform, the system will automatically mark its cost price. When selling, the contract will calculate whether the sale is profitable.
It’s fast, convenient, and anyone can use it.
It is also very suitable for some small currencies to provide liquidity.
UBISWAP Token (UBS)
UBISWAP token (UBS) is a token issued in UBISWAP, and the value of UBS is directly related to the transaction volume of UBISWAP.
How to Acquire UBS Tokens
After startup, users can exchange HUSD for UBS from UBISWAP. Or participate in early airdrops, participate in UBISWAP mining pool and other ways to obtain UBS.
Features
Trade
The platform is an automated market maker (AMM) that allows two tokens to be exchanged on the Huobi Eco Chain.
Tax
If the user makes a profit for the transaction, the contract will automatically deduct 22% of the profit as profit income tax. 100% of the tax collected by the system will be returned to the liquidity provider in real time. The liquidity provider only needs to receive it when he wants to withdraw the reward, and the part of the income will be automatically sent to his wallet.
Earn
On top of that, you can earn UBS with yield farms, earn UBS with Staking, and earn even more value tokens with liquidity pool.
Advantages of UBISWAP
For trading platforms, liquidity is the most important lifeline. Only with better liquidity and users have a better trading experience will they stay on the platform for a long time and form a core barrier. But at present, with a large number of small tokens, even on UNISWAP, the liquidity pool is often insufficient, let alone other centralized exchanges. And UBISwap will attract a large number of liquidity providers faster and easier by taxing profitable traders to subsidize liquidity providers. Since the platform can customize its parameters, those small and medium-sized projects with low flow and low liquidity can give more tax subsidies to liquidity providers, so that more funds can provide liquidity. If this model can develop smoothly, in the long run, a large number of small and medium-sized projects will gradually transfer from platforms such as Uniswap and Sushiswap to UBISwap, and at the same time, UBISwap will also be fed back to become a gathering place for the long-tail traffic of Defi projects, which will be born in the future. A few hundred times the currency is also very possible. As the platform currency of UBISwap, UBS’s value is full of imagination. Whether it is the dividend repurchase of the handling fee, or the pledge of the new project to join the platform, the platform currency will enjoy the full increase logic.
Tokenomics
Token Name: UBISWAP Token
Suggested Ticker: UBS
Maximum Supply: 200,000,000
Token type：HRC-20
Distribution time: After the airdrop round is over, start token trading and mining rewards on AMM UBISWAP.
