SECONDSWAP Secondships Secondary Markets on Thursday, Mainnet, fired at ETAREUM to provide a more efficient market for non -liquid assets by eliminating intermediaries and creating a fair symbolic value in the open market.
SECONDSWAP uses a liquidity guidance algorithm that improves trade implementation and reduces price slide to ensure safe and developed trading experiences for buyers and sellers.
“By submitting an exchange similar to the decentralized request book, we provide transparency to symbolic secondary markets,” Kanani Lee, founder of Secondswap, said in an email to Coindesk.
“Our platform provides clarity in purchasing and selling orders, and taking advantage of price discovery mechanisms such as the depth of the market and liquidity. By integrating a smooth portfolio, we ensure proof of control of sellers, proving money for buyers, and enhancing security and confidence.”
Secondary markets of closed symbols indicate the platforms or mechanisms in which symbols that are located in a form of lock or the timeline can be traded before launching or opening them completely.
These markets provide a way for the distinguished symbols to gain liquidity, which means that they can convert their property into cash or other assets before the codes are completely canceled – which gives premature liquidity to the sellers and the opportunity to obtain assets with a discount for buyers.
SECONDSWAP provided a offer to facilitate the discovery of prices and enhance liquidity in the first weeks, allowing traders to set their own prices and support matching between buyers and sellers once the purchase/sale flow feature enables.
Traders link their governorates, and reach a list of unique closed symbols that can express attention to buying by setting the goal of their favorite price. Participants will be notified when the stock is available at prevailing prices, ensuring that the first adopters can deal with new opportunities when they appear.
The platform plans to expand the Solana network in the coming months, which is the feat telling me that it can open more than $ 500 million in size.
“The closed symbolic liquidity represents billions of dollars in the unexploited value. The effect of opening this liquidity cannot be reduced. On Solana alone, until only 10 % of sleeping liquidity can be activated, more than $ 500 million can be pumped into a volume that can implement.”
He is definitely one of the drivers to partnership with Solana at first. When associated with the effect that the SECONDSWAP mechanism can provide – to reduce the circulating offer – the Solana Partnership will continue to prosper and benefit from the broader market. “
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