Secunderabad Chronicle

According to those research figures, people in the world spend an average of six hours a day on the internet， sending messages, browsing news & pages, transferring files, watching videos, sending emails etc. What we do on the internet is transmitting information. This is also the greatest value of the Internet, bringing disruptive ways of information interaction to human beings. Few centralized platforms and companies have built the dam of internet monopoly, and the “dammed lake” of digital value has been formed. Traditional internet has the disadvantage that it cannot solve the drawbacks of centralized flow, which resulting that it is impossible for internet financing to succeed. This is also the huge bottleneck of internet development. It only finds its way to solve the information interaction obstacles, because its infrastructure has been built on the centralized system. That makes it unable to solve the “double spending” problem.

The value of money, properties, cars, stocks, intellectual properties, insurances, accounts receivables and other assets cannot be freely transferred on the Internet. If you want to transfer value, you have to apply a series of centralized clearing and settlement systems, which will be a long and frustrating process.

The future of internet development lies in blockchain because it solves the problem of decentralized information and value transfer. Blockchain is the only way to guarantee value transferring and the most direct reflection is finance. Blockchain has just been shaped as a primary business model based on information interaction in today’s world. DEFI is just a successful primary business model in the current blockchain field, and the prosperity of blockchain in the future will certainly be based on DEFI’s prosperity. DEFI has also cut the second opening on the dam of the “dammed lake” of digital value.

Finance is to serve the real economy through financial instruments, but capital in today’s DEFI is not serving economy, only speculation.  First of all, the real economy is divided into two categories: traditional real economy and digital economy. The digitalization of the traditional real economy has a long time to go,while the digital economy is born in the digital world with digital value. Consequently, DEFI would mainly serve the digital economy judged by the categories. While, the digital economy cannot be separated from the these three foundations as followed, the digital road of the property right (NFT),  the collaborative innovation models of value creation (DAO), decentralized exchange market (DEX). Those indicators as followed, the gradual mature of Ethereum public chain, the overwhelming waves of cryptocurrency (BTC) and algorithm of monetary, the emergence of public chain storage technology (FIL and Swarm), the automatic market making (Uniswap) and the prosperity of DEX are illustrating that the future of DEFI is the fusion of DEX,NFT and DAO. What is more essential is that we can witness that DAO and NFT began to provide the possibility to make blockchain really come into use, and the valuable internet of the real digital economy is also forming at the same time.

While Daoswap is a decentralized financial platform which applied automatic market making mode, with the fusion of multi-chain technologies and the compatibility of all kinds of assets. Daoswap 1.0 starts with financial base DEX, ecologically Ether-based fusion of multi-chain and second-layer technology, and liquidity with selfaction market model. Fundamentally solve the liquidity problem, subvert the traditional order-book exchange model and all the rights of centralized trading, open all the rights to project parties, and truly use blockchain to provide a guaranteed liquidity market for innovative projects.

Ethernet main network is the main one, integrating HECO, BSC, and the latest layer 2 technology to provide full chain ecological services. It serves entities,

the first automatic liquidity ALP model, compatible with the governance of DAO projects, the flow of NFT, tapping the long tail demand of Defi, and truly serving the entity’s native digital economy, achieving centralized efficiency and decentralized security； security governance (the project is operating according to the community autonomy mode); all the codes are the open source and the whole chain is decentralized.

Ordinary exchanges tend to adopt order booking limitations or market model, which market makers can provide liquidity to the market by setting bid prices and ask prices in the case of counterparties exist. What Daoswap should do is to mix tokens together and meanwhile, market makers would not need to specify the prices that they want to buy and sell.

The adoption of the automated market making mode of Daoswap is based on a variant of the Constant Product Market Maker Model. In theory, it can provide unlimited liquidity with large scales of order sizes, and it would not worry about the small scales of flow pools.

Regardless of the technology, business model, community strength and other aspects, Daoswap is ahead of the most platforms in the market, and it is expected to be the next super platform. The future is filled with hope. It is believed that Daoswap, as the leader of blockchain DeFi, will have a great prospect.

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