Liquidity Pool
A preliminary contract has been created, but it will be modified and deployed after the pre-sale ends. This means it is just a basic contract containing the fundamentals, not the full liquidity pool program that we aim to develop to support the liquidity of our digital currency trading. (The reward percentage will be adjusted, and additional features will be added in the future after the pre-sale ends.)
The smart contract for the NextIn Liquidity Pool has been created! It supports $NIN/USDT, with a 0.3% trading fee, liquidity provider rewards, and a secure swap system.
A Liquidity Pool smart contract for NextIn ($NIN) has been developed using Solidity, featuring: ✅ Support for $NIN/USDT pairs ✅ Liquidity provider incentives ✅ Trading fee distribution ✅ Protection against impermanent loss
🔹 The code is based on OpenZeppelin for enhanced security.
Here is the contract link on the test network:
address: 0x8a99dcb27312c3CF9CA36653FAd99B08B450Df77
What is the purpose of creating a Liquidity Pool?
A Liquidity Pool is a mechanism that provides instant liquidity for trading digital currencies without the need for centralized intermediaries. It works by pooling users' funds into a smart contract, allowing traders to easily swap assets.
Some key objectives:
🔹 Ensuring liquidity availability – Helps reduce liquidity shortages when trading $NIN. 🔹 Supporting price stability – Minimizes sharp fluctuations by ensuring adequate trading volume. 🔹 Enabling decentralized trading – Allows users to swap tokens without relying on a third party. 🔹 Incentivizing the community – Liquidity providers receive a share of transaction fees as rewards, along with potential additional rewards (to be announced after the pre-sale ends). 🔹 Enhancing $NIN utility within the ecosystem – By integrating it into payments, rewards, and exchanges.
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