About Morphswap Coin
Morphswap Coin one might think that the natural approach would be to create a seperate blockchain with the ability to interact with supported chains, the nodes of the resulting blockchain would be too empowered to corrupt the protocol with malicious actions resulting in irreversible consequences on supported chains.
On a traditional blockchain, maliciously inserted data can later be undone. When such a blockchain is interacting with other blockchains, when a block causing an action on another chain gets added, it doesn’t matter if that block later gets rewritten by a good actor – the other chain can’t be rewritten.
Transaction Company
One may think the solution is simple, have users request the data themselves when they want it. Meaning, when a user initiates a transaction that is supposed to start on one chain and end on another, they simply ping the contract on the destination chain themselves, paying the costs themselves, for their transaction’s data to be received. What this would look like is, they start a transaction on Chain A, to swap Asset A1 on Chain A to Asset B1 on Chain B.
Then after initiating the transaction, they hop to chain B and request that the data gets transferred, paying the costs associated with this themselves. However, this is not easy to use, is not seamless, is an unimpressive solution, and yields a conundrum for users new to Chain B. How are they supposed to transfer assets to Chain B when they need assets on Chain B in the first place in order to receive them?
Centralized Bridge Hacks Cost DeFi Users over 2.2 Billion to date
x Centralized back-ends make bridges an easy target for hackers who have pillaged billions of user assets. x Bridges make it difficult to actually get the asset you want on the target chain, not to mention needing native gas tokens. x Asset pools can run out, creating situations where you start a bridge but be in queue to receive your desired asset.
Morphswap empowers interoperable DeFi with fast-finality cross-chain swaps
The only solution is a fully-decentralized, permissionless, cross-chain AMM. Imagine swapping UNI on Ethereum for CAKE on BNB. Morphswap gives you that power. Fully decentralized, on-chain computation and execution o Fast-finality support for any asset you can dream of All code updates are voted in by token holders.
Token distribution
- Liquidity 30M. (20M as liquidity on traditional AMMs, 10M as liquidity on Morphswap as inter chain liquidity)
- Incentives 35M. (for the purpose of incentivizing initial liquidity on the Morphswap protocol)
- Ecosystem Fund 10M.
- Team 15M.
- Reserves 10M. (for MS bridge and protocol inter-chain liquidity for upcoming supported chains)
Why Choose Morphswap Coin?
The final method of liquidity provision is requiring both sides to be provided before adding any more liquidity to the pool, and having no block re-org delay when transmitting confirmation of provided external-chain asset liquidity, and allowing this data to be transmitted and requested out of chronological order respective to other meta-actions.
This requires more involvement and fees from the user than the other two methods of liquidity provision, but as it safely guards against arbitrage and pool imbalance, it is the recommended option for most users, especially when providing large amounts of liquidity.
Where Can You Buy Morphswap Coin?
Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On Uniswap (V3) As It Has The Highest MS/WETH. e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include MS/WETH And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.
