KingSwap completed the migration from Uniswap to its own liquidity mining pool
After millions of transactions have been generated on Uniswap, KingSwap's pledge rewards, NFT and fiat currency transactions can all be used on its own platform.
DeFi project KingSwap (https://www.kingswap.io/) announced that it has completed the migration from Uniswap to its own liquidity mining pool. At the beginning of this month, KingSwap achieved a transaction volume of $4 million in the first three days on Uniswap. Now, KingSwap's DEX function can be used directly through its website https://www.kingswap.exchange.
KingSwap is a regulated DeFi project established in Singapore, a high-yield liquidity platform that can provide a wide range of rewards, digital collectibles and over-the-counter transactions. KingSwap is an optimized version of Uniswap that provides user-friendly features that provide real-time benefits in terms of price and contributor rewards.
KingSwap consultant Malcolm Tan said: "We are very pleased that our team has made rapid progress in migrating KingSwap's liquidity and pools from Uniswap to KingSwap," "We thank Uniswap for providing us with early appeal and exposure. This is the only way for us to build an enthusiastic user base, and look forward to exciting NFT releases and platform improvements in the coming weeks."
KingSwap's NFT provides its owners with loyalty rewards from the issued $KING tokens. The project sold several exclusive batches of "Knight", Queen" and "King" NFTs, and provided owners with $KING airdrop rewards. Daily airdrops have been distributed to all NFT holders (ROI over 200%). These NFT's resale market has been very strong, and some users have already obtained more than 150% returns on resale within a few days.
Before KingSwap's public release on October 30, venture capital firms and cryptocurrency investors participated in the early subscription of KingSwap, helping the project quickly surpass its 1,000 ETH soft cap, thereby subscribing to more than 20 million US dollars in funding and liquidity support . KingSwap's investors include Plutus VC, Hashstreet VC, Alpha Sigma Capital, Tradecraft Capital and 7CC.
KingSwap was created by a team of experienced leaders in banking, finance and encryption, including Dr. Anish Mohammed, who has consulted and worked for companies such as HSBC, Lloyds and Zurich, and was an early advisor to Ripple and Ocean Protocol; the chief architect of the Fido protocol Teacher and President of Sanctum Pte Ltd Dunstan Teo; once served as a director at Standard Chartered Bank, Japan's largest investment bank-Nomura and Bank of Singapore.
KingSwap’s advisors include venture capitalist Dr. Giampaolo Parigi (PhD); UCLA blockchain professor and co-founder Professor Alex Nascimento (MBA); Transform Group founder and CEO and BitAngels co-founder Michael Terpin; Lionel Iruk (Esq.) (Doctor of Law), Dr. Robert Choi (PhD) and Frank D. (MBA).
About KingSwap
KingSwap (https://www.kingswap.io/) is a DeFi project established in Singapore that introduces a liquid mining pool platform with over-the-counter transactions. KingSwap's high-yield liquidity platform provides users with a wide range of pledge rewards, digital collectibles and fiat currency transactions. KingSwap is an optimized version of Uniswap that provides user-friendly features that provide real-time benefits in terms of price and contributor rewards.