SpaceSwap Financial Services
SpaceSwap Financial Services
First, it changes the principle of yield agriculture as it stands. While Uniswap gives you income only when you store your assets in its liquidity pool, the SpaceSwap pool gives its holders the advantage of all DeFi protocols simultaneously.
It is a unique aggregator that unites all the major DeFi protocols in a one-stop station.
The project attracted a lot of attention from the very start, thanks to its outstanding features and the promise it offers.
Firstly, it changes the principles of Yield Farming as they stand. While Uniswap brings in earnings for as long as holders keep their assets in its liquidity pools, SpaceSwap’s pools bring their holders profits from all of the DeFi protocols simultaneously.
Secondly, the SpaceSwap team received a lot of early requests due to their unique multi-layer incentives model.
The SpaceSwap DeFi protocol was officially released on 10th of September.
SpaceSwap is a real community run project that is governed by the vote of the community.
There are a few core products in SpaceSwap's ecosystem:
Interstellar https://spaceswap.app/products
This is the main SpaceSwap product that was launched with MILKy planets.
Galaxy is a voting system that was implemented in the SpaceSwap ecosystem. The project team states that it’s always up to the users to decide which pools they’d like to see.
This will help to raise the level of transparency within the platform and encourage new promising projects to put their pools to the vote.
Shake Blender https://spaceswap.app/blender
This is a place where you can exchange your MILK2 for the SHAKE super coin. It’s very limited and is growing significantly.
The farming scheme lies in the fact that below-peg stablecoin pools are more rewarding than above-peg ones. This motivates people to sell their above-peg stablecoins and buy below-peg ones.
Index Token Platform (coming soon)
The Index Token Platform allows users to earn profits by tracking the latest changes in the market.
Each of these products serve a different purpose within the ecosystem.
The SpaceSwap ecosystem will constantly have new products added and the book will be updated accordingly.
SpaceSwap Vision
SpaceSwap project innovations
Striving to eliminate the drawbacks and flaws of the initial Version 1.0 protocol, SpaceSwap presented the upgraded and improved Version 2.0 with the following improvements:
Rethinking and refining of the tokenomics model and process of coin emission.
Issuing of the unique SHAKE coin that controls the amount of MILK2 coins for decelerating inflation. During the process of MILK2-SHAKE swap, the coins will be burnt/emitted. However, during the reverse exchange, i.e. SHAKE-MILK2, the price will be lowered by 10 MILK2, so as to prevent instant arbitrage.
Creation of a roadmap with the new innovative DeFi services on board.
The current Yield Farming system, with its two native coins, is a real game-changer. No other project has 2 interchangeable coins with multi-functionality and guaranteed liquidity. The SpaceSwap team follows its own Milky Way by presenting Interstellar, Gravity, Galaxy and many other products.
SpaceSwap roadmap
Already completed:
The launch of SpaceSwap 2.0 - 09/25/2020.
The launch of SpaceSwap Interstellar - 09/25/2020.
The implementation of SHAKE coin (only 10,000 SHAKE will be issued) - 09/25/2020.
The launch of SpaceSwap Galaxy (voting system) - 09/30/2020.
The launch of SpaceSwap Gravity - 10/15/2020.
The launch of Index Token Platform - a place for issuing the top-hit token indexes - 11/15/2020.
The launch of Shadow Farming - a unique development that is going to revolutionize the whole DeFi farming sphere - 02/02/2021.
Pools added 1Inch, Curve, SnowSwap partnerships - 02/02/2021
Coming soon:
SpaceSwap Binance Smart Chain version - 03/31/2021.
SpaceLend - Decentralized Lending / Borrow protocol - 04/30/2021.
SpaceStarter - Decentralised Crowdfunding Platform (All highly perspective and carefully selected DEFI Projects will be raising funds for a development in Milk2 and Shake tokens) - 05/30/2021.
SpaceSwap MultiChain DEX - Decentralised multichain (Binance Smart Chain, Ethereum, Tron) exchange - 06/30/2021
Shadow Synthetic Assets - a unique development that is going to revolutionize the whole DeFi industry - in process.
SpaceCrew - Decentralized exchange liquidity pool - 08/30/2021.
Key partnerships - new pools, new exchanges - 2021, 2022
Space Team
Advisors
Azam
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