Genesys Token Coin Review : Is It Good Or Bad Coin Read Our Article

About Genesys Token Coin

Genesys Token Coin blue Lotus DAO has the characteristics of a DEX or also well-known as decentralized exchange, and it is also a liquidity provider with the characteristic of having efficient liquidity funds that allow earning fees for liquidity providers; being one of the first multi-chain Dynamic Market Maker in DeFi. They combine the DeFi Blockchain technology ecosystem and community solutions to create the fastest, most scalable, and low gas DEX for Token transactions and NFT market.

Blue Lotus DAO is a DMM, it has differences with a common AMM or Automated Market Maker that they see in several liquidity platforms, one of the great differences is that Blue Lotus DAO allows to optimize the Capital, obtaining very attractive rates for the user with the aggregation of liquidity and that in addition with this optimization, you achieve greater efficiency and increase the profitability of liquidity providers according to market conditions.

Genesys Token Coin Point Table

Best returns/yield for Liquidity Providers (LPs)

Amplified Liquidity Pools: Higher capital efficiency and lower slippage

Less tokens required for high liquidity. Blue Lotus DAO enables liquidity pool creators to create amplified pools in advance or add liquidity to existing pools, achieving much higher capital efficiency for providers and better slippage for users compared to AMMs.

Dynamic Fees: Higher returns

Higher earnings for LPs, reducing the impact of impermanent loss. Trading fees are adjusted dynamically according to on-chain market conditions. In a volatile market (higher than usual volume), fees automatically increase to an optimal level for higher returns. In periods of low volatility, fees decrease to encourage more trading and total fees collected.

Rainmaker Yield Farming: Earn bonus rewards

Rainmaker, Blue Lotus DAO’s yield farming program, allows users to earn bonus incentives simply by adding token liquidity and staking the corresponding liquidity provider tokens (LP tokens) into the eligible farms.

Best Rates for Traders

Blue Lotus DAO has Dynamic Trade Routing, which aggregates liquidity and enables users to source liquidity across different decentralized exchanges to achieve the best rate for any token swap, on any supported network. Blue Lotus DAO trades are split and routed optimally through different DEXs for the best prices within the same chain/network. Users can trade tokens that may not be in Blue Lotus DAO pools but are available on other DEXs. You can see exactly which DEXs were involved in the trade and the % split between them.

Blue Lotus DAO’s DEX aggregator also provides the following benefits:

Optimised Trade Route: If a trade passes only through Blue Lotus DAO’s own pools, the gas fees associated with this trade will be minimal. The gas fees charged to your users will be as if the DEX aggregator was not used at all.

Reduced Gas Fees: They reduce the number of transfers. Therefore, the gas fees associated with trading Fee on Transfer (FoT) tokens are also reduced. In Fee on Transfer tokens, generally, a small portion of every transfer is either burnt or diverted to another wallet (i.e. tax). FoT tokens are common on the BSC chain.

How Blue Lotus DAO works

Blue Lotus DAO is an on-chain automated liquidity protocol that uses Programmable Pricing Curves to try to improve capital efficiency from the constant product formula pioneered by Uniswap. Similar to Uniswap, it removes the need for trusted intermediaries, and prioritizes decentralization and security.

Blue Lotus DAO’s core improvements are its flexible fee adjustment and programmable pricing curve setups. The flexible fee approach helps reduce the impact of impermanent loss, while different pricing curve setups tailored particularly to the token pairs in the pool allow better capital efficiency.

Why Choose Genesys Token Coin?

A decentralized platform with real solutions

The first DeFi platform that offer real solutions to real problems. Your objective is to concentrate in the same environment all the possibilities that will resolve the problems presented in the current Blockchains.

• Get all the Blockchain services and products in one spot.
• NFT Marketplace that protects the artist copyrights. They eradicate all the problems that cause lack of protection and security in existing platforms.
• Genesys is your governance token, which gives holders their share of participation and decision-making power within the ecosystem.

Genesys Network

Your Tokens are the foundation of your ecosystem, each with its own characteristic function, Genesys is the utility token and governance token.

• Genesys will be essential to be able to trade within your DEX.
• Genesys will facilitate the decentralization of decisions in the ecosystem.
• They created an environment that comes hand in hand with the arrival of multi-chains.

Where Can You Buy Genesys Token Coin?

Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On VinDAX, As It Has The Highest GSYS/USDT.e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include GSYS/USDT And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.

Market Screenshot

Genesys Token Coin Supported Wallet

Several Browser And Mobile App Based Wallets Support Genesys Token Coin. Here Is Example Of Wallet Which Genesys Token Coin – Trust Wallet For Hardware Ledger Nano.

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FAQ Of Genesys Token Coin