Benefits of SPACE creation
KeplerSwap, as a DeFi 2.0 representative, has ushered in a new era of decentralized finance. The referral program is strongly linked to the user’s level of activity. Meanwhile, the SPACE and LUCKY POOL functions undoubtedly brought with them more innovation and experimentation. Today, we’ll take a closer look at the SPACE function so that users can the benefits of being part of this function.
This SPACE function ensures the advancement of decentralized autonomy. The keplerSwap vertical ecosystem is designed to reward investors for participating in liquidity market staking.
Features of the SPACE and How it Works and Benefits
Let’s look at some amazing features of Kepler SPACE and why you need your own SPACE.
SPACE Creation
If a client contributes to the liquidity market and refers other clients to contribute to the liquidity market while meeting specific requirements, the client is qualified to present a SPACE creation application. When the application is approved, the client is eligible to become the SPACE Owner.
SPACE Voting
Each token holder has the option of voting in a SPACE election. Each client must enter a SPACE and cannot be changed after doing so.
SPACE Interests
SPACE Owners are entitled to all prizes associated with liquidity market-making from SPACE members. If the SPACE Owner wins the SPACE Voting, the SPACE Owner may receive an additional award from the commitment pool.
Vote Counting
The voting period lasts seven days, with the first five days dedicated to voting and the final two days dedicated to counting.
Vote Withdrawal
After voting, no token can be removed from the pool.
The number of decisions in a client’s favor is determined by the client’s assets, which are equal to the token’s balance plus the number of collateral tokens secured in liquidity support.
A snapshot of the client’s current balance and the number of positions blocked aee taken near the start of each voting period. As a result, the number of votes a user receives equals the number of assets they own. The client’s accessible token and locked token will be unaffected by the snapshot, and the number of votes held by clients will remain unchanged.
The votes of the clients are recalculated by the set-up rules until the next round of voting begins. Clients vote in the same way, using the depiction technique. This method ensures that clients can vote without influencing the guidelines of market-production lock work.
The top twenty SPACE owners with the most votes will be able to share the prizes fairly. If the number of votes is similar, it will be compared in accordance with the client’s locked up collateral value, and if the value is also similar, it will be compared in chronological order of the user’s account statement.
The client has the option to reclaim the award at any time. This ensures that the more active the users are in the SPACE, the more rewards they will receive.
About KeplerSwap
On October 27th, 2021, the Keplerswap DeFi 2.0 platform was launched globally.
KeplerSwap is a decentralized finance protocol based on the Binance Smart Chain Network that aims to improve the DeFi ecosystem by creating an amazing and more pleasant monetary environment in which clients are very much connected, rewarded, and have full involvement in administration.
KeplerSwap offers a decentralized trading experience in conjunction with liquidity pools. KeplerSwap is quickly becoming the largest Dapp on the Binance Smart Chain and is viewed by many as a venture with limitless potential.
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