December 7, 2022 – TOKENIK, the world’s first reward farming DEX with built-in DeFi dApps –is ready to launch on 28 February 2023. The ecosystem is designed as a totally decentralized platform that is ready to supply services and products with the options of a centralized change whereas permitting customers to earn money rewards on prime of earnings, making it one of the crucial rewarding methods to commerce digital belongings.
TOKENIK goals to create a novel ecosystem the place everybody advantages. Customers can earn rewards by way of taking part within the ecosystem and staking, whereas tasks have entry to extra liquidity and publicity for his or her tokens.
Powered by $NIK & $RNIK tokens, TOKENIK is poised to revolutionize the decentralized change house. With their modern options and reward mannequin system, the staff is assured that TOKENIK will rework how folks commerce digital belongings. TOKENIK is audited and partnered with Solidity Finance.
TOKENIK understands the significance of a non-custodial decentralized platform for DeFi merchandise and that’s why they’ve created an all-in-one resolution for DEX merchandise.
Constructed-in DeFi dApps
- Spot Buying and selling
- $NIK & $RNIK Staking
- Leverage Buying and selling
- Restrict Orders
- Tokenik Pockets
- Tokenik Protected
- Portfolio Rebalancing
- LP Staking Farms
- NFT Escrow
- Lending
- Choices Buying and selling
- Token Bridge
TOKENIK’s DEX Improvements
- TOKENIK’s Proprietary Value Influence function is ready to revolutionize how customers work together with Automated Market Makers (AMMs). By implementing a worth affect design into the swap interface, liquidity suppliers will obtain as much as 70 instances extra earnings whereas minimizing impermanent loss by way of the elevated charges generated by the swap.This may enhance effectivity and profitability for these actively taking part in decentralized exchanges. This additionally acts as a safety mechanism towards flash loans and bots.
- TOKENIK understands that liquidity is essential for the success of any decentralized change. That’s why they’ve introduced their new Liquid Buying and selling Charges system, permitting customers to earn from each belongings swapped on each commerce and RNIK buying and selling rewards. Plus, these charges will at all times be accessible for withdrawal at any time. TOKENIK believes this will probably be a game-changer for decentralized exchanges.
- Moreover, the TOKENIK platform will supply Promote Tax Help, which can be certain that the promote taxes don’t have an effect on the sellers. This distinctive function will permit tasks to incentivize token holding and preserve deflationary charges, all whereas making certain that sellers don’t expertise any loss when promoting their tokens. This units TOKENIK aside from different DEX platforms and reinforces its dedication to offering patrons and sellers with the very best consumer expertise.
- The platform additionally boasts different noteworthy options, together with Devoted Undertaking Rewards and Truthful Rewards Distribution system. Devoted Undertaking Rewards will permit customers to hitch as a Grant Companion and obtain reserved buying and selling charges, program rewards, and elevated visibility for his or her challenge inside TOKENIK’s market. The Grant Program will even supply funding alternatives for these Devoted Companions.
- Tokenik Leverage Buying and selling is a decentralized, non-custodial, leverage buying and selling protocol the place customers can acquire leveraged publicity on crypto belongings. The artificial leverage structure, backed by a DAI Vault, makes Tokenik extra capital environment friendly, permits for low buying and selling charges and a variety of leverages and pairs. As a part of the DAI Vault bots safety measures, TOKENIK is introducing a minimal commerce length of 1 hour and a minimal commerce quantity of $100.
NIK is Tokenik governance token and is essentially the most rewarding asset a consumer may maintain!
As much as 50% of all of the charges the Tokenik ecosystem generates get to be distributed amongst holders of the NIK governance token, making it essentially the most rewarding asset a consumer may maintain!
The charges are being distributed every day and could be withdrawn as liquid USDC (throughout v1). As soon as Tokenik v2 is launched, the rewards will probably be paid in liquid bought-back RNIK. Much like the NIK token buying and selling, the charges distribution will even begin at platform launch.
The Tokenik ecosystem with all its DeFi DApps is being initially rolled out on the Ethereum blockchain and afterward secondary chains like Avalanche, Binance Sensible Chain or Polygon. This may include a complete new set of advantages for the Ethereum NIK token holders. The charges generated on any of the secondary chains will get bridged again to Ethereum and distributed to NIK token holders. Public IDO is ready to open on their platform in January 2023. Extra info will probably be accessible on https://tokenik.com/tokenomics/
Earn RNIK Buying and selling Rewards – Get rewarded for each token swap
Tokenik appreciates and rewards its platform customers essentially the most! Earn 1% of the greenback buying and selling worth again in RNIK buying and selling rewards on all qualifying swaps.
The RNIK rewards are being immediately paid to your Tokenik rewards pockets steadiness. Use them as reductions on future swaps, stake them to extend the quantity of your rewards, or (everybody’s favourite) carry on accumulating extra to be transformed 1:1 into RNIK tokens on Tokenik v2 launch.
Tokenik is adopting an airdrop mannequin to distribute $RNIK to customers. $RNIK has a hard and fast complete provide of tokens primarily based on the quantity of airdrops claimed. Head to https://tokenik.com/documentation/what-is-the-tokenik-airdrop/ for extra info on the airdrop. Airdrop ends Feb fifteenth 2023.
About TOKENIK
TOKENIK believes in the way forward for decentralized buying and selling platforms. That’s why the staff has created a crypto change that gives safe and dependable buying and selling, rewards, and incentives for all contributors. The TOKENIK Protocol is powered by two tokens – the NIK and RNIK – which could be earned by way of taking part in group actions or offering liquidity to the platform. As well as, TOKENIK’s decentralized ecosystem consists of DApps for varied makes use of, from automated market-making to staking swimming pools.
With user-friendly instruments and a give attention to safety, TOKENIK goals to make the world of decentralization extra accessible for everybody. Thus, they need to continually develop and replace their choices to satisfy the ever rising wants of their rising consumer base and be certain that Tokenik stays on the forefront of decentralized finance.
Official Hyperlinks Web site: https://tokenik.com/
Twitter: https://twitter.com/TokenikDEX
Discord: https://discord.gg/tokenik
Go to www.tokenik.com to get began right this moment!
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