Crosspoly Stands Out With Heterogeneous Crosschain
It has been eleven years since Bitcoin was born. The market fluctuates up and down, with various gameplay concepts emerged.
The IEOs that had been in the industry for a while died one by one, and the previous mighty model currency team disappeared. For projects that are barely able to go listed on exchange, it has become the norm that fell on its first day of trading, such as NCTM. Some of them simply did a rubbish dump and has been playing people for suckers all along, such as TIMO.
So far there is no major unification project with absolute advantage. Looking at the development of the entire industry, the most impressive one is undoubtedly the project with heterogeneous crosschain concept. Crosspoly has quickly become popular in the industry by its advantages of “providing transaction traffic for various major public chain DEXs, finding the best price for DeFi users and automatically placing orders”. Once launched, it quickly became the industry’s “highest-yielding project”.
Blockchain is a place where legends appear every day, and it is a place where people get rich or lose money every day. But many believers see hope from Crosspoly.
What are the advantages of Crosspoly, and what can we expect from it? 2021 has passed halfway, the second half exits new hope. After experiencing the ups and downs in the first half of 2021, the market in the second half of 2021 will return to rationality and stability. Compared with those falsely propagated projects, we need to pay attention to those projects that make a fortune.
A good project is determined by its original intention, its application and user consensus. Crosspoly quickly came to the fore with a surprising advantage.
Currently, Constant Function Market Maker (CFMM) is the most popular type of AMM, which is widely used to realize the decentralized exchange of digital assets. CrosspolyAMM uses algorithmic “robots” to simulate price behavior in electronic markets such as DeFi. Although there are differences in the design of decentralized exchanges, Crosspoly-based AMM DEX has always achieved the largest liquidity and the highest average daily trading volume. The AMM Exchange is based on a constant function to keep the comprehensive asset reserve of the trading pairs unchanged. In non-custodial AMM, users’ deposits of trading pairs are concentrated in smart contracts, and any trader can use the contract to obtain token swap liquidity. Therefore, users conduct transactions based on smart contracts (collective assets) instead of directly trading with counterparties (such as order transactions).
The future is a digital world and data is the soil. Everything grows on data. The digital economy, various new applications, and new trends are all based on data. Digitalization is rolling in and sweeping the world. Based on the true value of the blockchain and the more mature market sector, Crosspoly will definitely rely on its unique advantages to create a new wealth myth in the second half of 2021. Let us wait and see.