Asirtum is a tool that confirms a personal crypto asset on the network with the possibility of staking and more. It is not limited to one blockchain and is located in the three most popular networks: Ethereum, Binance Smart Chain and Polygon.
The token effectively converts three large blockchain systems into a full multi-chain system and has at least three major advantages:
This project can take full advantage of the network effect of the top blockchain systems that have their features. This is because it is built as an integral part of ecosystems, while the above-mentioned projects are competitors built from scratch.
So essentially, it is more secure. Asirtum uses the safest and most battle-tested programmable blockchains in the world as an economic hub and source of security. In contrast, competing projects have been built around chains that are largely untested and less expressive than the giants are.
Asirtum is more open and powerful, primarily in terms of the types of architecture it can support. This is because it is built on multi-blockchain technology, so it can trivially include any scalable or infrastructural solution from different ecosystems.
How to become a liquidity provider on the exchange?
Liquidity pools are reserves embedded in a smart contract, usually funded by liquidity providers.
- Select the pool and then click Add Liquidity.
- Now you need to select a token and specify the address of the token.
- Specify how many tokens need to be changed.
- Click Supply and then Confirm Supply. The Polygon Link window appears where we check the correctness of everything and agree.
- Click Add Liquidity and select the coin. Insert the address of our coin into the second field. Click Supply and Confirm Supply.
- It remains to confirm the transaction in MetaMask
There is a revolution in decentralized finance, so we can’t skip Uniswap. The essence is precisely the constant maintenance of balance, taking into account the amount of liquidity on different tokens paired with Ethereum.
- Select ETH, and enter the address of the contract.
- The next step is SUPPLY, then Create Pool & Supply.
- It remains to confirm the operation in the DApp browser.
Smart contracts are programs in a specific blockchain with a pre-described operating principle. The points of the latter are executed alternately and unquestioningly, but a certain condition must be met.
Developers cannot fill the liquidity pool for their projects exclusively with their tokens, as this is against the rules of the automatic market maker. Dex exchanges have a couple of key benefits that you need to recognize. Here they are.
- No need for KYC– that’s right, users don’t need to verify their identity. No matter how big the trading volume or the activity on the platform, you don’t have to show documents.
- Lack of registration– you do not need to create an account, enter an email and remember the password because there are no accounts. You will need to enter the password only from the MetaMask wallet.
- Almost instant execution of swaps– users do not wait for the execution of orders, as it happens on the exchanges. Instead, they exchange tokens, and the speed of the process depends on the size of the commission.
- A wide range of tokens– you can list any token. Coins usually appear there much earlier than on major exchanges, and this is the opportunity to earn money. However, its rate will react to the listing of a token, e.g. on Binance.
- Simple interface– it is very easy to understand the principle of work, and to carry out a transaction you need only a few clicks. If you already have MetaMask or experience with other online wallets, there will be easy for you.
Conclusion
The Asirtum team has created the solution that the cryptocurrency community has been waiting for a long time. In addition, atomic swaps, staking, delegating, and DeFi credits have given users confidence, which in turn has increased the use of the platform.
Today, popular tokens are halfway through to be officially recognized as money. Asirtum is not the only cryptocurrency, but its uniqueness is that it is not a monetary unit, but a part of an ecosystem that is not tied to anything.