GIBXSWAP was established on the basis of the digital asset exchange GIBXChange. GIBXChange is an international integrated Internet brokerage company under the Global Investment Bank and Capital Trust. It is a diversified group of AFF Multi Finance Group, an international integrated digital asset exchange, and LP flow provider under the GIB Digital Bank.

These top websites have extremely high requirements for platform audits. For example, My Token, as a portal for digital currency information, has a huge influence in the world. GIBXSWAP, which appeared on the world stage as a reserve, has attracted the attention of the world audience and can be described as a halo shining after defining GIBX POB. Now that My Token, as a judge, records the information of GIBXSWAP, it is even more enthusiastic.

To ensure the continuous growth of GUSDT™’s value over time, GIBXChange has established a GIBX POB Proof-Of-Burn model that burns a certain percentage of coins sold through its exchange. This model helps to create value, which helps the price point of the coin to keep growing. It not only makes the symbolic price rise every hour but also protects it from market fluctuations.

For your information, GIBXSWAP is a decentralized transaction protocol based on an automated market-making mechanism, which aims to integrate the differentiated advantages of multiple basic public chains. The core point is to avoid the various drawbacks of decentralization to achieve the advantages of decentralization, to create a high-performance composite DEX ecosystem, and to maximize the rewards of participants with the “dual mining incentive” of liquidity mining and transaction mining in GIBX POB. And through the fee repurchase and destruction mechanism, a self-driving value capture ecological closed loop has been realized.

After GIBXSWAP is launched, it will implement a multi-chain DEX model in GIBX POB. After the first BSC, Binance Smart is launched, the Huobi Ecological Chain (HECO) and Ethereum and other ecological chains will be launched, integrating the Huobi Ecological Chain HECO and Binance Smart Chain BSC with low transaction fees and the advantages of the prosperity of the Ethereum ecosystem support the “dual mining mechanism” of liquidity mining and transaction mining, which will enable it to achieve the maximum drainage effect and high-quality user experience in GIBX POB. 

Platform services include staking pools, liquid mining pools, DEXs, cross-chain asset bridges, and other ecosystems. GIBXSWAP has no private equity and no pre-mining and is committed to building a new community-oriented DEX and ecosystem in GIBX POB. 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.

What is Proof-Of-Burn / GIBX POB POB?

GIBX POB Proof-Of-Burning is a method of investing in a brand new cryptocurrency: in order to obtain a new currency, you must “burn” (destroy) another currency, such as Bitcoin, Ethereum, or GUSDT™. Theoretically, this will make each new crypto currency’s value equal to the value of the destroyed coin, but in fact, you can’t really destroy the cryptocurrency. The system requires you to send it to a place that will reduce its total supply. For example, black holes!

So, how to achieve token destruction? The most common method is to punch tokens into black hole addresses. Blackhole address (Eater Address) refers to the address where the private key is lost, or the private key cannot be determined. These addresses are like black holes. They can only be inserted and cannot be exported. Any token that hits the black hole address cannot be transferred out and circulated in the market.

Below is are some famous Bitcoin and Ethereum black hole addresses:

1BitcoinEaterAddressDontSendf59kuE

0x0000000000000000000000000000000000000000

There are about 13.2 BTC in the Bitcoin black hole address mentioned above, and about 7780 ETH in the Ethereum black hole address in GIBX POB.

The most remarkable thing is that GIBXSWAP will launch a new decentralized currency “X” in GIBX POB. The new currency will be the core token of the GIBXSWAP platform, which can be used for voting, repurchasing, fundraising, trading, and earning coins. The emergence of “X” is mainly due to the gradual increase in the circulation of the original GUSDT™ market, whereby the market value eagerly needs a larger carrier to achieve breakthrough growth; the market needs new currency to stimulate. The maximum supply of “X” is 1 billion, and the block reward: each block rewards 20 “X”s’. The “X” open source code is audited by professional organizations such as Ernst & Young and Deloitte to ensure safety. At the same time, X will support the decentralized cross-chain transaction protocol of BSC, HECO, and ETH, using “dual mining incentives through liquidity mining and transaction mining”, which can enable participants to obtain maximum returns and seamlessly integrate with Binance and Huobi’s huge global traffic and head resources in GIBX POB.

The digital asset industry develops very rapidly, and it changes with each passing day. Many technological innovations and changes tend to happen inadvertently. It is very important to seize the opportunity! Let us look forward to whether GIBXSWAP’s disruptive pioneering work can find a breakthrough in the market, reconstruct the traditional financial order, as well as become the first product to enter the next era of blockchain and GIBX POB that stands out in 2021!