AEX ASwap Adds Airdrop Pool & IAO to Distribute Potential Tokens for Users

Recently, ASwap has opened the airdrop pool and IAO, users can get a certain number of new tokens for free by depositing funds to the designated liquidity pool. TEMP and XDEFI airdrop has been obtained by about 1500 users. Meanwhile, AXS sidechain token RON is in pre-mining.

On November 18, the airdrop pool benefits started to be distributed, users can receive them for free by participating in the ASwap stablecoin pool (USDT-USDC). The 10,000TEMP given away in the first period was shared by more than 200 users, each receiving 48.3091TEMP (worth about $24.64); the 8,000XDEFI given away in the second period was shared by more than 1,200 users, each receiving 6.5XDEFI (worth about $10.37).

On November 23, the IAO was officially opened, which is the first release of ASwap. Users can get new tokens by depositing into the corresponding liquidity pool of ASwap. AXS-ETH liquidity pool pre-mining RON (Ronin) is hot, RON is the new coin of AXS (side chain coin). Users can earn RON in a one-stop shop by depositing AXS/ETH assets into ASwap, which participates in actual liquidity mining on the chain on behalf of users and distributes the proceeds obtained on the chain to users.

ASwap is a liquidity mining product developed based on the AMM principle, which can provide liquidity mining services between heterogeneous chain assets. In November, ASwap was successfully deployed on the AEX trading platform and supports the circulation of on-chain assets such as ETH, SOL, HECO, BSC, DOT, etc. The total market value of the liquidity pool reached $234 million on November 26th data reality.

In general, liquidity mining products are built based on specific public chains to provide liquidity mining services for the ecological assets of this chain. For example, Uniswap is built based on ETH and can trade ERC 20 protocol assets. While Pancake Swap is built based on BSC and can trade BEP 20 protocol assets. Then it needs to be technically cross-chain, which means realized by token bridge.

As the first creator and practitioner of multi-chain cross-mining type liquidity, ASwap allows users of various chains to participate in various trading pools without restriction and gain value.
●Accessible creation of liquidity pools. All the listed tokens on AEX, users are free to add liquidity pools without considering the protocol to which the digital assets are issued, providing considerable convenience for users to allocate assets.
●Fast access to high-yield pools of each chain. For example, the exit of the market making of the Ethernet chain pool and the deposit of the Solana chain pool can be done quickly in ASwap, without the need to transfer assets between different chains of DEX.
●Efficient exchange of desired assets. The AEX Exchange's multiple transaction services allow users to exchange their existing assets for desired assets in a short period of time and participate in a liquidity mining scenario where users can profit.

ASwap aggregates a wealth of blockchain assets and offers a promising new token mining scenario; ASwap supports heterogeneous inter-chain mining without the need for cross-chain operations, making liquidity mining easier, more robust, and with more diverse benefits. The benefits of participating in ASwap liquidity mining at AEX also include: transaction fee (LP), mining rewards (platform token GAT), and annualized interest rate increase for mining.

ASwap has issued 40.57 million USDT and 488.84 million GAT rewards, as well as 924,871 USDT exchange fees in the 1 year since its launch on AEX. At present, the ASwap liquidity pool has six components consisting of GAT pool, BTC pool, Stablecoin pool, Airdrop pool, Interest rate hike pool, and IAO, the airdrop category is quite rich in benefits.

This week, the third installment of the ASwap airdrop pool will soon open with an airdrop of the DeFi project class token Temple. The TempleDAO protocol is designed to provide DeFi users with a safe haven where they can be protected from the volatility of the crypto market while benefiting from a range of investment opportunities that offer high yields and stable price appreciation. The airdrop has an extremely low threshold and is open to all registered users of the AEX Exchange, Please stay tuned!