DeFi 2.0-KeplerSwap leads a new trend in the encryption industry

Decentralized finance (DeFi) refers to financial services based on public blockchains and smart contracts and also the right to use and control the system is dispersed among many different participants. Similar to the way Bitcoin established the first decentralized currency, DeFi participants tried to establish a decentralized and trustless financial system, providing services such as lending, exchange, investment, stable currency and other services.

DeFi 1.0

For most people, the first entry into the crypto world is often from a centralized exchange such as Coinbase or Binance. However, in the world of blockchain encryption that prioritizes decentralization, it is completely dependent on the centralized exchange (CEX), especially the user’s funds are custodialized by the CEX, which is also the asset that can be traded is determined by them.

In the summer of 2020, Automated Market Makers (AMM) led by UniSwap were introduced into the crypto world, and soon became a typical representative of DeFi 1.0 to bring liquidity. In essence, an AMM exchange no longer relies on the order book model, but forms a pool of liquidity provided by others and makes market according to a deterministic function.

Although the DeFi 1.0 application represented by UniSwap has achieved great success, there is no connection between all participants and lack of motivation to participate in the governance platform. Such DeFi applications are cold and unsustainable. In response to these DeFiciencies of DeFi 1.0, KeplerSwap, a DeFi 2.0 application based on the EOS public chain has come.

DeFi 2.0

Most of the DeFi projects at the current stage are based on the issuance of tokens for the purpose of “printing money”, and this kind of DeFi projects have not proposed new solutions for the distribution of governance tokens and community governance about “mining architecture” which often unsustainable. Compared with participating in community governance, there is no connection between all participants and lack of motivation to participate in the governance of the platform. The original intention of most miners to participate in the early stage is more inclined to obtain high token incentives, which seriously hinders ecological

The Kepler technical team is not satisfied with the decentralized and cold architecture at the current stage. We need to build a sustainable and automatic decentralized financial system-DeFi2.0. Compared with DeFi1.0, the DeFi2.0 ecosystem created by KeplerSwap has the following obvious advantages:

※KeplerSwap advocates the close connection between users and is committed to breaking the cold transaction mode of DeFi 1.0. It is hoped that users can establish close horizontal connections while forming strong vertical links. All members are fully connected within the ecosystem to create KeplerSwap a dynamic and typical trading platform.

※The LUCKY POOL prize pool draws prizes every week, so that outstanding liquidity contributors have the possibility to obtain super rewards. At the same time, under the incentive of the LUCKY POOL prize pool, the entire ecology will explode with more vitality and driving force.

※ The founding team will exit the KeplerSwap platform for decision-making as soon as possible, and hand over the ecological governance and decision-making power to community members. All decisions are made by all members. Community members do not simply rely on enthusiasm and interest to participate in community activities. All members are stakeholders and the community gives all members a source of motivation to participate, so as to truly realize decentralized governance.

As an open DeFi innovation platform, KeplerSwap will only provide decentralized financial services. Countless decentralized financial innovations will also be born here, which will attract global geeks to complete technological innovation ideas here, and burst out more high-quality financial projects. Innovations in any narrow field will have unlimited imagination.

The future of DeFi 2.0 is here. The DeFi 2.0 application represented by KeplerSwap may become a force that cannot be ignored in decentralized finance, leading the DeFi ecosystem to a warmer connection and sustainable development.