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MakiSwap is an AMM and Yield Farming platform part of the Unilayer Ecosystem, built on top of Huobi Eco Chain that provides a more robust trading experience for all traders.
What is MakiSwap?
MakiSwap is a decentralized trading platform that operates on the Huobi Eco Chain (HECO). It is designed to facilitate quick and cost-effective trades for its users. The platform is known for offering limited-time rewards and the opportunity for compounding returns, making it an attractive option for traders looking to maximize their earnings. MakiSwap is not just a standalone platform; it is a crucial component of the MakiSwap Protocol, which seeks to adjust the incentives for participants within the network, ensuring a more equitable and efficient trading environment.
One of the key features of MakiSwap is its commitment to integrating with other trading tools and providing valuable trade analytics. This approach helps traders make informed decisions by giving them access to comprehensive data and insights. Furthermore, MakiSwap has established partnerships and collaborations with various projects, enhancing its ecosystem and providing users with more opportunities and functionalities.
As an Automated Market Maker (AMM) and Yield Farming platform, MakiSwap is part of the broader Unilayer Ecosystem. This affiliation allows MakiSwap to offer a more robust trading experience, leveraging the strengths of the Unilayer Ecosystem to benefit its users. Built on the Huobi Eco Chain, MakiSwap stands out for its efficiency and the advantages it offers in terms of transaction speed and costs.
For anyone considering participating in the cryptocurrency market, it's important to conduct thorough research and understand the risks involved. While platforms like MakiSwap offer innovative solutions and opportunities, navigating the crypto space requires caution and informed decision-making.
How is MakiSwap secured?
MakiSwap employs a multifaceted approach to ensure the security and integrity of its platform, safeguarding users' funds and transactions. As an Automated Market Maker (AMM) and Yield Farming platform within the Unilayer Ecosystem, operating on the Huobi Eco Chain, MakiSwap places a strong emphasis on security to provide a reliable trading experience.
The platform's security framework includes the implementation of smart contracts, which are self-executing contracts with the terms of the agreement directly written into code. These smart contracts automate and enforce the execution of agreements, reducing the need for intermediaries and minimizing the risk of fraud or manipulation.
In addition to smart contracts, MakiSwap utilizes multi-signature wallets. These wallets require multiple signatures or approvals before any transaction can be executed, adding an extra layer of security by ensuring that no single individual can unilaterally move funds. This mechanism is particularly effective in preventing unauthorized access and safeguarding against potential internal risks.
MakiSwap also incorporates revenue-sharing and forum-driven mechanics, which not only incentivize participation in the platform but also contribute to its security. By engaging the community and distributing rewards, MakiSwap fosters a vigilant and active user base that can help detect and mitigate potential threats.
On-chain liquidity is another cornerstone of MakiSwap's security strategy. By facilitating transactions directly on the blockchain, MakiSwap ensures transparency and immutability, making it more difficult for malicious actors to exploit the system.
Furthermore, MakiSwap has undergone multiple security audits, a critical step for any platform in the cryptocurrency space. These audits are conducted by independent third parties who scrutinize the platform's code, identify vulnerabilities, and recommend improvements. By addressing these issues proactively, MakiSwap demonstrates its commitment to maintaining a secure and trustworthy environment for its users.
It's important for users to conduct their own research and understand the risks associated with cryptocurrency investments. While MakiSwap has implemented various security measures, the dynamic nature of the digital asset space means that vigilance and informed decision-making are paramount.
How will MakiSwap be used?
MakiSwap is designed to enhance the trading experience within the cryptocurrency ecosystem, offering a multifaceted platform for users. It serves as an Automated Market Maker (AMM) and Yield Farming platform, leveraging the capabilities of the Huobi Eco Chain to provide a seamless and efficient trading environment.
The primary uses of MakiSwap include trading and liquidity provision. Users can engage in the exchange of various cryptocurrencies, benefiting from the platform's integration with the broader UniLayer ecosystem. This integration ensures a more robust and interconnected trading experience, facilitating easier access to a wide range of assets.
In addition to trading, MakiSwap is a hub for yield farming activities. Participants can stake their assets within the platform to farm for rewards, a process that incentivizes liquidity provision and helps maintain the platform's overall health and efficiency. The farming mechanism is designed to reward users for their contribution to the ecosystem, offering them a way to earn returns on their holdings.
MakiSwap also introduces features such as limit orders and trade analytics, which are aimed at enhancing the trading experience. Limit orders allow users to set specific price points at which they wish to buy or sell, adding a layer of strategy and control over their trading activities. Trade analytics provide valuable insights into market trends and performance, aiding users in making informed decisions.
The platform has also launched a new version of its native token, $MIX, with a new BNB contract address, alongside a secondary offering called AAS for AdaSwap users. This development signifies MakiSwap's commitment to growth and adaptability, ensuring that it remains a relevant and valuable tool for the cryptocurrency community.
By offering a comprehensive suite of services, including trading, farming for rewards, and advanced trading features, MakiSwap aims to cater to a wide range of needs within the cryptocurrency market. Its focus on interoperability and integration within the broader blockchain ecosystem positions it as a key player in facilitating efficient and effective cryptocurrency trading and investment activities.
What key events have there been for MakiSwap?
MakiSwap has experienced several significant events that have shaped its journey in the cryptocurrency and blockchain space. These events highlight the platform's development, community engagement, and strategic partnerships, which are crucial for growth and adoption in the decentralized finance (DeFi) sector.
One of the pivotal moments for MakiSwap was its launch on the Huobi Eco Chain. This launch was a strategic move to leverage the chain's capabilities for high-performance transactions and to tap into a broader user base interested in efficient and scalable DeFi solutions.
Further enhancing its ecosystem, MakiSwap formed a partnership with UniLayer. This collaboration aimed to enrich the trading experience on MakiSwap by integrating advanced features that cater to both casual and professional traders. The partnership is a testament to MakiSwap's commitment to providing a comprehensive and user-friendly platform.
Another key event was the token sale, which not only provided a means for raising funds but also offered the community an opportunity to participate in the platform's growth. Token sales are crucial for DeFi projects as they help in distributing tokens to a wide range of holders, thereby decentralizing ownership and governance.
In addition to these strategic developments, MakiSwap has also engaged with its community through various events and updates. These include the release of WaykiNews Episode 9, community giveaways, and events organized by the WaykiChain Philippines and Turkish communities. The WaykiChain Korean community's Halloween event and the American Ambassador's offline fan meetup were notable for fostering community engagement and loyalty. Celebrating its two-year anniversary and attending significant industry events like the Asia Crypto Summit underscore MakiSwap's ongoing commitment to growth and visibility in the crypto space.
The project has also focused on enhancing its technological infrastructure. The release of a new version of WICC Collateral Insurance, the launch of a DeFi insurance service, and updates to its DApp and wallet are indicative of MakiSwap's dedication to security, user experience, and innovation.
These events collectively demonstrate MakiSwap's active role in the DeFi ecosystem, its efforts to engage with and expand its community, and its continuous pursuit of technological advancement. As with any investment in the cryptocurrency space, potential investors should conduct thorough research to understand the risks and opportunities associated with MakiSwap and other DeFi platforms.
The live MakiSwap price today is $0.000055 USD with a 24-hour trading volume of not available. We update our MAKI to USD price in real-time. MakiSwap is down 0.01% in the last 24 hours. The current CoinMarketCap ranking is #2708, with a live market cap of $3,792.22 USD. It has a circulating supply of 68,971,718 MAKI coins and a max. supply of 1,000,000,000 MAKI coins.