Narwhalswap

 

Narwhalswap Protocol ,a centre of attraction for BSC CHAIN based Projectsand a sustainable DeFi Ecosystem

General Introduction

In the world of DeFi , most popular system sector is AMM which comprises of Uniswap and Yield Farming . This aspect of Yield farming is the most popular and interesting area of DeFi Model . AMM model requires depositing some cryptocurrency pairs in the Liquidity pool which earns rewards for the (LP). The liquidity Provider . In this scenario, the LP get rewarded for depositing some cryptocurrency pairs into the pools liquidity and the traders earn rewards for this .Staking LP tokens for rewards is regarded as liquidity mining .

Majority of Project powered on Binance Chain wallets offers the features of staking Currency pair like BNB/BUSD . This chain become a center of attraction and highly demanded by investors due to its high yielding potential . There are lots of AMM project that is based on Binance Smart Chain protocol . Nevertheless , everything with advantages also have their basic disadvantages. . There are lots of shortcoming in this AMM DeFi Model because they implements a model which gives room for unlimited minting of tokens .The longevity and sustainability of the project is not ascertain because in a situation where there is unlimited token mints , when demands becomes lesser than supply , it resulted into inflation.

This above enumerated problems motivated the team of Narwhalswap to develop a sustainable DeFi Model which will benefit all these platform users and ensure sustainability in the platform operation. In this publication, i shall be discussing about Narwhalswap DeFi platform and all solutions proffered by the brilliant team of Narwhalswap platform to sustain DeFi ecosystem . Narwhalswap offers complete DeFi ecosystem using a restructured and sustainable model . The platform offers liquidity mining which allows opportunity for staking other Binance Smart Chain projects in the platform network , hence embracing more projects based on BSC Chain to join and benefit from the system . Narwhalswap Protocol will allow other projects token in which traders will be rewarded with NLP token which is the representatives of NLP token . NLP token will enable users to earn NAR tokens. rNLP token will be used in mining liquidity in some other accredited and quality projects that is based on Binance Smart Chain .
This initiatives will enable other DeFi project growing their tokens with absolute freedom without any need of having to build their own swap protocols on BSC network.

Narwhalswap Ecosystem Solution

Narwhalswap Ecosystem solves a lot of problem in DeFi space . Initially when DeFi started , the entire system was based on Ethereum network which makes it not much attractive for small scale and medium scale investors , hence preventing massive adoption. The transaction cost required in Ethereum DeFi Chain is not encouraging . Besides, the poor speed associated with ethereum network is very disgusting . Binance Smart Chain has emerged to resolve all these problems . Narwhalswap platform implements BSC chain to ease the burden of the traders and general investors. Transaction charges requires in Providing liquidity, Swapping , and withdrawal is quite cheaper compared to the Ethereum Chain .

In terms of sustainability of Narwhalswap token , the team have assigned a total of 21,000,000 NAR in which there will be an adjusted liquidity mining model that will be very unique from the existing model that dominates the market .

In Narwhalswap Ecosystem the NAR BURN and the Buffrates work collectively as rewarding mechanism for the long term hold . The higher the users buffrates , the longer they hold and the more rewards earned.Narwhalswap Team has worked effortlessly to overcome some shortcoming associated to short term hype buying and selling which a very brilliant system and something very new in the world of cryptocurrency. The Buffrates represents a small balance between the harvest capacity for the small, medium and the large investors in which a fair ecosystem for smaller funds are created.
RoadMap

Conclusion
Narwhalswap Protocol will without any doubt create a very sustainable DeFi ecosystem and becoming a center of attraction for lots of projects to implements BSC CHAIN ans BSC swap protocol without any need for them developing swap again . Narwhalswap platform implements BSC chain to ease the burden of the traders and general investors. Transaction charges requires in Providing liquidity, Swapping , and withdrawal is quite cheaper compared to the Ethereum Chain . Besides, there are lots of measures taken by the platform to ensure sustainability and future development and growth . To learn more about Narwhalswap DeFi ecosystem , do not hesitate to explore their official links below

Official Resources
Website: http://narwhalswap.org/
Twitter: https://twitter.com/narwhalswap
Telegram: https://t.me/narwhalswap
Discord: https://discord.com/invite/svKCf67
Medium: https://medium.com/narwhalswap
Github: https://github.com/narwhalswap

Name:Bayanganhitam

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