Bazarswap: Decentralized trading platform without slippage

[Featured Content] Decentralized exchanges and automated market makers have reached a central stage in DeFi and the entire cryptocurrency industry in general. Looking at DeFi Pulse data, Uniswap is currently the third largest protocol, with a value of $ 6 billion by the total value locked to it. Sushi Swap also ranks in the top 10 on television with more than $ 4 billion. This shows that the market is maturing for such solutions as investors move away from centralized solutions and seek additional resources to manage cryptocurrencies. However, this does not mean that Uniswap and Sushiswap as well as other similar DEX solutions do not have their own issues. Drift is perhaps the most common challenge, and there are already players trying to overcome it. Bazarswap is one of them. What is Bazarswap? Bazarswap is a new type of decentralized exchange (DEX) from Ethereum that works with tokens based on the ERC-20 protocol standard. Unlike Uniswap, users can "list" different ERC-20 tokens with their own pricing settings. In other words, instead of relying on the current market price, any user can sell the ERC-20 at any price they want. The protocol was initiated by the Minereum team (MNE). All ERC-20 tokens can be added for sale and in this sense Bazarswap functions as a decentralized peer-to-peer (P2P) exchange. Let's take a look at the working process. How does Bazarswap work? One of the first things to consider when trading with current talent is some of its inherent benefits. These are peer-to-peer commerce. There is no slipping. No exchange fees (for now – this may change at some point according to the official website). It is completely decentralized. Support for all ERC-20 tokens. Tokens are never transferred to the exchange and remain at the seller's address until they are purchased. The way it works is very simple. Users must "list" an ERC-20 token in their wallet and select the desired price. SHE IS Read more

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