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EIFI Finance Launch Its Decentralised Finance Exchange.
As EIFI Finance is set to launch their AMM DEX platform in the month of October 2021, EIFI finance team are poised to set the standard for the Binance smart chain DeFi Ecosystem in terms of UI/UX friendliness while also combining the simplicity and reliability of the Binance smart blockchain in a single package.
EIFI Finance product will focus on creating a seamless and smooth DeFi trading experience for both traders and liquidity providers while at the same time maintaining high-security measures and standards that is synonymous with the Binance smart blockchain, as highlighted in their Whitepaper.
As Centralised exchanges works simply by matching the buy and sell orders of the traded asset, while Automated Market Markers (AMMs) employ a peer-to-pool technique to compute asset price algorithmically using a so-called conservation function.
EIFI Finance AMMs have the apparent advantages over centralized exchanges in terms of decentralization, automation, and constant liquidity provision.
EIFI Finance Upgrade of the Binance smart chain Ecosystem will bring about smart contract functionality for creating and deploying “smart contracts” on the Binance smart blockchain, allowing developers to create Dapp and existing projects on other blockchains to migrate to the Binance smart Blockchain.
As the Smart contracts are simply programs that run when predetermined conditions are met and are stored on a blockchain.
They’re typically used to automate the execution of an agreement so that all parties can be certain of the outcome right away, without the need for any intermediaries or time wasting. They can also automate a workflow, starting the next step when certain conditions are met.
When fully operational, EIFI Finance will be a decentralized exchange based on the Extended Automated Market Maker (EAMM) protocol and powered by the Binance Smart Blockchain Infrastructure’s UXO mechanism.
EIFI Finance Ecosystem
The EIFI Finance Ecosystem will be powered by $EIFI, the platform’s native utility governance token with a total supply of 150,000,000.
The EIFI Finance Ecosystem will include Stake Pools, Liquidity Provision, EIFI, BNB Binance smart Chain. The Cross Chain trading is simply swapping your native Binance smart chain Ecosystem tokens for non-native ones without the use of an intermediary or a middleman. It is done by utilizing smart contracts that can handle both or more types of tokens such as ERC-20 and BEP-20 as project developers can easily bridge their tokens to the BSC blockchain.
On-going process for users
EIFI Finance is currently on a presale for early adopters. By participating in the ongoing presale, you one can be one of the first holders of the $EIFI tokens before it lists on an exchange. You can participate in the EIFI Finance pre-sale here.
The Future ideas are also in the works. We aim to dominate the BSC Network through the growth of our Ecosystem’s functionality.
Thanks, and Keep in Touch
Thank you for being part of this amazing journey with us. if you have questions then please reach out to us directly our Telegram Community Chat.
EIFI Finance Social Media Details-
Twitter: https://twitter.com/EifiFinance
Facebook: https://www.facebook.com/Eifi.finance
Telegram Group: https://t.me/Etheryieldfarming
Telegram Channel: https://t.me/etheryieldfarmingofficial
