Recently, the TVL (total value locked) in GIBXSWAP ILO has exceeded 10 million US dollars!

GIBXSWAP ILO is an innovative financing method that can directly create an AMM liquidity pool for projects and investors.

 

Crowdfunding to build the fairness of the pool: (low threshold, automation, fairness, and justice). For the project party, GIBXSWAP ILO abandons cumbersome issuance procedures, reduces its own costs, and improves project liquidity.

①Any decentralized project that wants to participate in crowdfunding can quickly create an ILO

②The creation of the transaction pool from the primary market crowdfunding to the secondary market is automated

③The ILO mode can be flexibly controlled by the project party, and the lock-up period is carried out according to the situation of the project

For users, GIBXSWAP ILO has given enough willingness to respect and start fairly, and the right to issue the ILO project will be handed over to users.

①Users holding “X” will participate in voting to determine whether the project will be issued

②Users will get the same crowdfunding channels and liquidity pool LP tokens as the project party

 

The capture of project liquidity value: (Maximize capital utilization, increase project liquidity, maximize benefits). In the co-construction of the liquidity pool, the utilization rate of funds is maximized. For both the project party and the user, the benefits are guaranteed and doubled.

1. After successfully creating the GIBXSWAP ILO project token, the AMM liquidity pool is automatically started, and the project token can be traded immediately
2. LP can capture pool fees and mining rewards
3. LP cannot intervene in the stability of the fund pool, and the liquidity is effectively brought into play
4. The secondary market can directly trade to increase prices, and the interests of crowd funders in the primary market are guaranteed

The operation of the GIBXSWAP platform is very simple. Users purchase GUSDT in CEX and DEX (pools have been established in many DEXs); then withdraw GUSDT and mainstream coins (USDT, BTC, ETH, FIL, etc.) to the wallet, and provide liquidity for GUSDT-USDT, GUSDT-BTC, etc. in the GIBXSWAP DEX “funding pool” to obtain the corresponding LP. In addition, transaction mining can trade designated currency pairs, which can mine “X” according to the proportion of turnover; on the Liquidity Mining page, designated LPs and single coins can be staked, and “X” can be mined according to the proportion of locked positions.

 

Among the initial allocations, 80% are targeted for mining, of which 40%/60% are transaction mining output and liquidity mining output. 10% is for ecological construction and 9% is for team research and development. 1% is GIBXSWAP ILO. In addition, the collected transaction fees are used to repurchase and burn platform tokens, which helps to realize the closed-loop of autonomous driving for value acquisition. GIBXSWAP platform revenue comes from transaction fees of 0.3% of the transaction volume; of the transaction fee of 0.3% of the transaction volume, 0.1% will be used to promote the development of ecological projects, 0.15% will be used to reward mining users, and 0.05% will be used to repurchase and destroy “X”.

 

The “X” code operating mechanism allows a 0.3% transaction fee to be charged when a transaction occurs, of which 0.15% of the transaction fee will be proportionally distributed to all currency holders. In other words, there is no upper limit to the “automatic” increase in the assets of X holders in GIBXSWAP. In addition, the remaining percentage fee will be put into the liquidity pool to provide currency liquidity. This means that currency holders can sell “X” at any time and exchange it for Bitcoin, Ethereum, USDT, and any currency. At the same time, the more transactions, the deeper the liquidity in the pool, and the currency price will steadily increase. The most important thing is that in future plans, “X” can be staked in the aggregate revenue pool to obtain NFT and other passive income, which will serve multiple purposes in GIBXSWAP.

 

After the launch of GIBXSWAP, the multi-chain DEX model was implemented. It is first launched on the BSC Binance Smart Chain, then launching it on the Huobi Ecological Chain (HECO) and Ethereum and other ecological chains, integrating the low transaction fee of Huobi Ecological Chain HECO and Binance Smart Chain BSC and the advantages of the prosperity of the Ethereum ecosystem, support the “dual mining mechanism” of liquid mining and transaction mining, which will enable it to achieve the maximum drainage effect and high-quality user experience. Platform services include staking pools, liquidity mining pools, DEXs, cross-chain asset bridges, and other ecology. GIBXSWAP has no private equity, no pre-mining, and is committed to building a new community-oriented DEX and ecosystem. At the same time, it will realize the advantages of low slippage, fast speed, fund security, and optimal price, and quickly become the market leader.