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- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
The world of cryptocurrency has expanded massively in its quest of providing financial freedom to the world at large with the introduction of Decentralised Finance (DeFi). It changed the whole banking system into a much more flexible framework, a system where individuals can lend and borrow money without going through unnecessary hassles. Although the system isn't completely risk-free yet due to the young age of the technology it is safe to say, it is much more competent and risk-conscious than the traditional banking system.
HypaSwap (HYPA) is a DeFi platform built on the Ethereum blockchain. It is a decentralised non-custodial liquidity protocol that allows lenders and borrowers to exchange assets through a liquidity pool. HypaSwap focuses on lending and borrowing and as such the platform has created a robust system to make these transactions without the risk of losing capital to fraud or default loans.
HypaSwap has a laid-out comprehensive structure for community members to actively participate in extra-banking activities like collateral swapping and staking. The platform also rewards members with more tokens and higher returns on their investment for their active involvement and stakings. As a decentralised liquidity protocol, HypaSwap is a hotspot of the decentralised economy.
HypaSwap (HYPA) will be supported by its native token HYPA, and the developers have ensured the availability of the tokens by providing liquidity to other AMMs like Uniswap, Bancor, and Curve. With such extensive amounts of liquidity available and accessible across the market, crypto users won't have to face any shortage and can redeem their tokens at any chosen time.
HypaSwap intends to be a community governed by a Decentralised Autonomous Organisation (DAO) consisting of the HypaSwap Genesis team and community members in the near future. This set of people will be responsible to discuss and make decisions that will be implemented across the platform. The DAO will make maintaining order within the community very easy. HypaSwap (HYPA) also aims to establish a strong market position and bring DeFi to every corner of the world.
The Ethereum (ETH) blockchain network was created in 2015, and the protocol has grown and developed to become the second-largest cryptocurrency in the world with smart contract functionality. The project is also due for an update that has been projected to catapult the network scalability, addressing the issues that have had a negative impact on the general vision of the project.
Ethereum (ETH) works on a proof-of-work (PoW) consensus mechanism and this has been said to cause high power consumption with relatively expensive gas fees. Also, the blockchain's transactions per second (TPS) are low.
However, the network developers are currently working on transitioning the platform to a proof-of-stake (PoS) consensus mechanism which they expect to cut down the blockchain's power consumption by approximately 99%. This upgrade will be a huge improvement from the current functionality and will undeniably propel Ethereum to quickly become a more lucrative investment in the crypto space.
The Litecoin (LTC) project was created based on the Bitcoin (BTC) network in 2011. It is developed as a peer-to-peer (P2P) crypto that aids the transfer of financial assets without the need for centralised institutions. Although Litecoin (LTC) was designed in the image of Bitcoin (BTC), it has been described as the more ideal option in regards to transaction fees and block time. It has a 2 minutes block time with a transaction fee of about $0.04 on average.
Litecoin (LTC) has been in existence for over a decade now and has maintained a position as one of the top 20 cryptocurrencies. Crypto experts have for this reason considered it to have great investment potential.
HypaSwap (HYPA)
Presale: http://join.hypaswap.io/
Website: http://hypaswap.io/
Telegram: https://t.me/HypaSwap
