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KLAYswap Protocol priceKSP
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About KLAYswap Protocol(KSP)
What is KLAYswap Protocol (KSP)?
KLAYswap is a reliable on-chain instant swap platform that utilizes an on-chain liquidity pool. The platform guarantees liquidity through automated market-making (AMM) mechanisms. KLAYswap allows anyone with KLAY or KCT-type token cryptocurrency to become a liquidity provider and earn income from transaction fee commissions. Furthermore, KLAYswap offers yield farming with asset pairings previously unconnected in the decentralized world. Ethereum-based tokens such as ETH, ORC, DAI, and WBTC can be transferred to the Klaytn ecosystem through the transparent IBC bridge, Orbit Bridge, built on Orbit Chain.
How does KLAYswap Protocol (KSP) Work?
With KLAYswap, traders can enjoy instant on-chain transactions via liquidity pools and shape the platform's policy and direction with the KSP governance token. Contributors to the growth of the protocol can receive various forms of compensation, such as transaction fee revenue. KLAYswap welcomes long-term investors, commission fee earners, and KSP miners to participate in its ecosystem. Whether you're new to DeFi or an experienced user, KLAYswap offers a transparent avenue of growth opportunities with Orbit Bridge. As an initial user with the chance to shape the system, everyone has the opportunity to grow with KLAYswap.
What makes KLAYswap Protocol (KSP) Unique?
KLAYswap doesn't just deal with Klaytn-based tokens, but it also supports other network-based tokens. This is possible thanks to Orbit Chain's interoperability. KLAYswap's goal is to address a wide range of real-life digital assets, and Ethereum-based tokens such as ETH, ORC, DAI, and WBTC can be easily transferred to the Klaytn ecosystem using Orbit Bridge. Moreover, the LP tokens given as supply vouchers to liquidity providers can generate profits on their own and can be linked to other financial protocols. This allows for easy exchange among all stakeholders in the ecosystem. Klaytn can create innovative financial applications by utilizing the LP token. All in all, KLAYswap is an essential starting point to activate Klaytn's economic ecosystem, with guaranteed scalability due to its injection of increased interoperability and asset efficiency.
What is the KSP Token?
As a KLAYswap user, you have the opportunity to acquire the KSP token which serves as the governance token for the platform. KSP holders have the responsibility and authority to determine governance agendas in accordance with the protocol related regulations to lead the development of the service. This includes determining fees, mining distribution, and contracts. KSP is also used for creating new liquidity pools; a specific amount of KSP is required as a pool contract creation fee when a new KCT token pair pool is created on KLAYswap. Tokens can be acquired through liquidity mining, with KSP being distributed only through liquidity mining in each Genesis block and being given as compensation to KLAYswap liquidity providers in proportion to their provided liquidity to the pool total.
KSP to local currency
Crypto calculator- 1 KSP to USD$0.16
- 1 KSP to JPY0.15509713
- 1 KSP to VND0.15509713
- 1 KSP to RUB0.15509713
- 1 KSP to EUR (Español)0.15509713
- 1 KSP to TRY0.15509713
- 1 KSP to EUR (Italiano)0.15509713
- 1 KSP to EUR (Français)0.15509713
- 1 KSP to EUR (Deutsch)0.15509713
- 1 KSP to CNY0.15509713
- 1 KSP to TWD0.15509713
- 1 KSP to EUR (Português)0.15509713
- 1 KSP to IDR0.15509713
- 1 KSP to THB0.15509713
- 1 KSP to PLN0.15509713
- 1 KSP to UAH0.15509713
- 1 KSP to UZS0.15509713
- 1 KSP to SAR0.15509713
- 1 KSP to PHP0.15509713
How to Buy KLAYswap Protocol(KSP)
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Buy KLAYswap Protocol (KSP)
Trade KSP perpetual futures
After having successfully signed up on Bitget and purchased USDT or KSP tokens, you can start trading derivatives, including KSP futures and margin trading to increase your income.
The current price of KSP is $0.1551, with a 24h price change of +7.74%. Traders can profit by either going long or short onKSP futures.
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KlaySwap Protocol Social Data
In the last 24 hours, the social media sentiment score for KlaySwap Protocol was 3, and the social media sentiment towards KlaySwap Protocol price trend was Bullish. The overall KlaySwap Protocol social media score was 0, which ranks 1533 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with KlaySwap Protocol being mentioned with a frequency ratio of 0%, ranking 1533 among all cryptocurrencies.
In the last 24 hours, there were a total of 74 unique users discussing KlaySwap Protocol, with a total of KlaySwap Protocol mentions of 0. However, compared to the previous 24-hour period, the number of unique users increase by 147%, and the total number of mentions has decrease by 0%.
On Twitter, there were a total of 0 tweets mentioning KlaySwap Protocol in the last 24 hours. Among them, 0% are bullish on KlaySwap Protocol, 0% are bearish on KlaySwap Protocol, and 100% are neutral on KlaySwap Protocol.
On Reddit, there were 1 posts mentioning KlaySwap Protocol in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% .
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