Introducing MakiSwap an AMM and yield farming platform on Huobi ECO Chain
What is MakiSwap?
MakiSwap is an AMM and Yield Farming platform built on Huobi Eco Chain (HECO) and part of the growing UniLayer Ecosystem. MakiSwap was developed by the Unilayer team as a foundation, laying down this foundation is essential for Blockchain Interoperability between Ethereum and HECO, MakiSwap will make things easier to seamlessly integrate all of the UniLayer DeFi tools on HECO!
Here are the most popular UniLayer DeFi tools coming to HECO & MakiSwap:
- Limit Orders
- UniLayer Launchpad
- Charts and Analytics
- DEX Aggregator
- Order books
MakiSwap Liquidity Provider Incentives
What are some of the benefits for Liquidity Providers on MakiSwap?
It’s easy to become to a Liquidity Provider on MakiSwap, simply add liquidity into a pool and earn rewards in the form of MAKI tokens. However, unlike Uniswap or other protocols those MAKI tokens will also allow you to earn a portion of the protocol’s fee, accumulated in MAKI, even if you decide that you no longer want to participate in the liquidity provision. As an early adopter to help provider liquidity, you become a significant stakeholder of the protocol.
The rewards you will receive from staking will be proportional to the amount of LP tokens you have staked against the total amount of LP tokens staked.
MakiSwap will be launching on HECO with the following pools:
HT/MAKI
LAYER/MAKI
(More TBD later)
About Huobi Eco Chain:
HECO is a decentralized, high-efficiency and energy-saving public chain. It is the first product launched by the Huobi Open Platform. HECO is designed to realize the compatibility of smart contracts on the basis of supporting high-performance transactions. The native digital asset of Huobi Eco-Chain HECO is HT. It adopts the HPOS consensus mechanism. In the future, HECO will improve the efficiency of Ethereum by adopting Layer 2, supplement and empower the Ethereum ecosystem. Learn more about HECO here.
Why Build on HECO?
Huobi Global is one of the largest digital asset exchange by liquidity and real-trading volume. Trusted by users in over 100 countries around the world, we see a HUGE potential on expanding UniLayer to HECO and becoming a multi-chain project.
Building on HECO is something that will benefit the UniLayer holders in a unthinkable way by letting users trade, swap, invest and easily earn yield on Huobi Eco Chain. All of this can be done with much cheaper gas fees than on Ethereum.
UniLayer will build a bridge between Ethereum and HECO to allow easy swaps between blockchains for LAYER token holders.
MakiSwap Tokenomics will be announced before the launch on HECO Mainnet
MakiSwap is LIVE on ECO Testnet!
Testnet guidelines:
0. Open your Metamask
1. Click on Network
2. Choose “Custom RPC”
3. Network name: Huobi ECO Chain
4. New PRC URL: https://http-testnet.hecochain.com/
5. Chain ID: 256
6. Currency Symbol: HT
7. Block Explorer: https://scan-testnet.hecochain.com/
MakiSwap Socials — Join our Telegram group and come say hi :)
Telegram: https://t.me/MakiSwap
Twitter: https://twitter.com/MakiSwap
Website: www.makiswap.com
