In the future we will have an interoperable blockchain world. A high-quality ecosystem is inseparable from the underlying technology, and it is necessary to continuously attract more multi-chain technology enthusiasts to participate in network development and promote technological innovation.
As the main carrier of digital assets, exchanges are an important cornerstone for the healthy and sustainable development of the digital currency market, but CEX and DEX are different when the multi-chain world arrives. The purpose of Web3 is enable the exchange of value, and DEXs are in the best position to provide this utility and capture value.
MOONBA is the first decentralized exchange (DEX) platform built on the OneLedger chain, and its smart contract protocol is designed to replace CEX, allowing multiple tokens to be traded without intervention, effectively eliminating the middleman.
Currently, the Oneleder chain supports ETH (ERC20), BSC, Polygon and other multi-chains through the interoperability function. To facilitate the flow of transactions in the absence of traffic, liquidity pools created by liquidity providers will help.
A reliable liquidity pool will effectively help the circulation and exchange of tokens. The platform will provide rewards to those who contribute to the liquidity pool, and allocate the fee for each transaction as a commission. Participants of the DEX will be rewarded more than the exchange itself.
MOONBA aims to solve the difficulties of the blockchain ecosystem and push transactions to new heights. Although other chains face many challenges in scalability, usability and performance, the OneLedger underlying MOONBA has been at the forefront of these issues, it not only provides a stronger user experience, but also has exponential transaction performance and scalability level increase – and this will mean that MOONBA is the “pioneer” of the experience.
Since MOONBA is developed based on the OneLedger platform, it can generate a throughput of about 4000tps, far exceeding the proof of work provided by most other chains, thus enabling the decentralized exchange to achieve close to centralized performance, while the cost is close to zero. The transaction fee is unmatched by other exchanges.These features have greatly improved MOONBA’s market competitiveness and service level.
By testing the market over a longer period of time, people will know what works best and what fails. Ideally, on the MOONBA platform, liquidity providers are rewarded fairly by maintaining liquidity, transaction fees are reasonably priced, token holders are accumulating substantial income, and the team maintaining the protocol will be rewarded accordingly.
MOONBA, as a DEX, will allow traders already registered on Metamask to trade their digital assets in real-time. Additionally, user privacy is respected by offering non-custodial trading services. By holding $MBA tokens, users can earn as much income as possible by increasing APY and interest, which will also support MOONBA community operations. $MBA is not just a native token that powers exchanges, it is a way to invest in future income with the help of cryptocurrencies.
Will the smart protocols used today appear in 5, 10, or 50 years from now? Balancing the interests of all parties involved legally and competitively may be the key to the success and sustainability of decentralized exchanges. The functions of MOONBA are clearly laid out, creating a new economic ecology. With the gradual development of DEX, I believe that the ecological network built with MOONBA will become stronger and stronger.
