Get Familiar With GlobalSwap DEX

Global DeFi
3 min readApr 26, 2021

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The infrastructure for Digital Assets exchange and trade now has cutting-edge technology available in the market. Decentralized Exchange (DEX) is a groundbreaking design embodying Blockchain technology’s intolerance to intermediaries.

Unlike Centralized Exchange (CEX), the new trend implements advanced accessories like Automated Market Making, Non-Custodial Wallets, Liquidity Pools, Derivatives, Staking, Farming, Borrowing, and lending, to bring forth further transparent investment opportunities and financial control.

At Global DeFi (GDeFi), our dedication is to provide the most beneficial Decentralized Finance (DeFi) services and products under one Umbrella to our growing community. The GDeFi One-Stop-Shop has the most spontaneous DEX bringing together investors, traders, speculators, and the ever-increasing number of crypto assets.

Known as GlobalSwap DEX, It will be a fork of Uniswap alongside its own innovative additional features. Essentially, the design and development are in line with the GDeFi Protocol.

Features

We are bringing the Crypto world a platform that is robust and foolproof by nature. GlobalSwap will provide users an environment to invest, trade, and swap tokens with absolute peace of mind.

Non-Custodial Wallets: “Your Keys, Your Coins!” This fundamental principle in Cryptoshere is strictly adhered to on the GDeFi DEX.

No one has to surrender control of his/her funds when transacting on the platform. All your transactions on the platform require an ERC-20 compatible wallet like Metamask, Trust Wallet, Portis, Fortmatic, WalletConnect, Coinbase Wallet, etc.

Automated Market Making (AMM): The Crypto market is in its early stages and necessitates a resolute decentralized exchange to combat the current shortcomings, such as lack of liquidity, trading volume, and security breaches. To boost the flow of market share from centralized exchanges to DeFi exchanges, GDeFi has made significant modifications to the Uniswap fork and especially the governance system.

GlobalSwap will be a DEX employing AMMs, comparable to well-known DEX platforms like Uniswap, SushiSwap, and Kyber Network. However, we will utilize Smart Contracts rather than order books to create liquidity pools so that trades can execute automatically based on predetermined measures.

Free Token Listing: Unlike CEXes and some decentralized exchanges that charge a fee for token listings, GlobalSwap will provide that for free. But, we will host only DeFi protocols that are trustworthy after audit and background research.

The tokens supported and listed on GlobalSwap will have to fulfill the basic standard guidelines set by GDeFi. Tokens need to follow these conditions:

a. Have pre-locked tokens.

2. Have pre-locking liquidity.

3. Have a passing protocol 4.

4. Have completed Smart Contract audits.

However, it should be notable that the requirements for listing on GlobalSwap are not limited to the above conditions.

Yield Farming: GDeFi is building intuitive yield farming on GlobalSwap to empower users to safeguard their crypto assets and earn rewards in return. It is designed as fixed or variable interest for lending Crypto through the ETH network.

Quite comparable to how traditional financial institutions offer interest for fiat currency deposits. GlobalSwap yield farming will be an opportunity for users to earn a passive income for the Crypto deposits in our liquidity pools.

Your Cryptocurrency, which usually would be locked in a crypto exchange or wallet, will be lent out applying the GDeFi Protocol, consequently creating liquidity on the DEX. The reward will go into our native ERC20 token, $GDEFI, which users can use for various purposes on the platform as the project progresses, hold, sell on the exchange for other assets, or deposit in another liquidity pool.

Launching

GlobalSwap DEX is coming to you soon in the 3rd quarter of 2021, per the GDeFi roadmap. Kindly get to know more by reading about GlobalSwap in our Whitepaper to be on top.

Watch out for trading competitions with attractive prizes on the platform. Moreover, we will have giveaways during the launch, so check here and our various communities regularly for an update.

Toss the rest, embrace the best! Stay safe, and don’t forget to join the GDeFi Decentralized Economy now:

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Global DeFi

GDeFi is a unique DeFi platform that will blend the futuristic prospects of blockchain with a streamlined reward system to cater a trustless financial ecosystem