The Decentralized Finance niche has gained much traction in the last few years and has evolved rapidly. However, some inherent issues persist that make it inaccessible to the ordinary person. The presence of dApps with complex UI scares potential users away and the problem of low liquidity experienced by most decentralized exchanges discourages investors from interacting with it.
One predominant issue is the high transaction fees that users of the Ethereum network experience, coupled with its scalability issues. To this end, the MappedSwap protocol was built on the Eurus blockchain to tackle these issues.
What is MappedSwap?
MappedSwap Protocol is a decentralized, on-chain cross-margin trading swap exchange built on Eurus Blockchain and is designed to offer users ten times more funds to trade on margin on its platform.
It offers a highly optimized and intuitive UI design that embraces the needs of beginners and veterans as they both can easily navigate the platform and other available markets. With MappedSwap features, the entry barrier for users is reduced as the protocol provides users with huge liquidity, low trading fees, and low slippage, which in turn offers a beginner-friendly way of investing.
The team chose Eurus Blockchain for its interoperability with the Ethereum network and its benefit of high speed from Hyperledger tech. Eurus Blockchain is specifically designed to solve the pain point of slow transaction speed and high gas fees on Ethereum. It is a private chain linking to Ethereum (Mainnet) and businesses worldwide and enabling faster digital asset transactions and payment by our cross-chain bridge.
What Makes MappedSwap Different?
MappedSwap offers the following features to its users
Secure and Safe
The security of its users is a priority of the protocol, and it utilizes its smart contracts and blockchain security to provide high-level protection for users’ funds. The Eurus blockchain on which MappedSwap is built is highly secured, and users do not need to trust other parties with their funds.
High Capital Efficiency
To boost users’ assets, MappedSwap allows users to use financing tools to trade in available DeFi protocols, which give users up to 10 times of fund allocation.
Gaining access to loans is relatively easy on MappedSwap, as users can gain access to quick loans with less than 0.01% slippage tolerance. Trading fees set by the protocol are one of the lowest you can ever find in the market, especially when compared to UniSwap and PancakeSwap. MappedSwap charges 0.3% of the trading fees, calculated on a per-swap basis.
High Liquidity
With liquidity being an issue peculiar to decentralized exchange, MappedSwap prides itself on its high liquidity. It has more than $6 billion locked in liquidity pools, thus providing traders with adequate liquidity for their transactions.
Fast Transactions
MappedSwap aims to solve the issue of scalability and provide users with fast transactions. It solves this problem by utilizing its fast network technology capable of executing transaction settlements within 2 seconds, enabling users to grasp real-time market dynamics.
Referral Program
MappedSwap allows users to earn as they go through the referral strategy. It allows users to invite friends and families to register and start trading on the platform. It gives users up to 80% rebate.
MappedSwap Giveaway Campaign
MappedSwap is launching a promotional campaign from April 13th – May 12th. They plan to give more than 800,000 MST in total and provide referral and staking rebates in MST to users during that period.
To lower the barrier to entry, MappedSwap came up with a plan to allow new users and referrers to earn MST during this campaign period while attracting users to leverage the 10x margin trading function to boost trading and earning possibilities. Participants will also hope to cast a giant net through referrals by sharing their referral code with their audiences to improve individual earnings.
One of the critical objectives of April’s campaign is to attract users to keep staking to earn more MST. Users have to either trade, stake, or refer to earn MST. When the referred trade, the user will earn MST.
MappedSwap users can swap, earn, and build on the leading decentralized crypto trading protocol, and it allows users to earn up to 80% stake and referral rewards. MappedSwap is an invite-only online referral protocol, if you do not have a referral code, all you need to do is trade or stake in MappedSwap to get one.
All new users get Free 0.1 EUN, covering about 100 transactions on Eurus networks. This applies to only new wallet addresses connected through MappedSwap, to help users trade, and stake for free.
Source: https://bitcoinist.com/mappedswap-the-decentralized-onchain-cross-margin-trading-swap-that-makes-defi-accessible-to-all/