DeFi, a revolution in the blockchain world that provides us with an ecosystem for more efficient and transparent Decentralized Finance. Even though it has been around for a long time but has recently become quite well known in the crypto community, SwapHub is one of the pioneering projects of DeFi.

What is SwapHub?

SwapHub is a decentralized DeFi platform, based on blockchain technology that provides efficiency and transparency for various financial processes. Basically SwapHub has the same interface as Uniswap so existing user when using their platform. SwapHub also uses a protocol that is easy to integrate with various other ecosystems.

As previously happened to Sushiswap where the developer was sold so creating an influential price impact, SwapHub prevented this with fair liquidity and a lower proportion (5%) for the reserved fund that used for long term growth for the SwapHub Platform. The scheme is the same as Uniswap where Holders get Passive income when providing liquidity but at SwapHub Holders from HUB will also get incentives but the Early Adopters will get more benefit.

What is HUB Token?

HUB Token is a native token that will be used on the SwapHub Ecosystem, It's based on ERC-20 Technology and use Smart Contract for every Process on the platform like rewarding or providing liquidity. The Supply was limited preventing price Inflation and Early Adopters will get another benefit where the first 200,000 Blocks is generating 200 HUB/Block and will be reduced too 100 HUB/Block.

No More Backdoor Things!

As we know a few days before, we got excited because of the "Backdoor" Code on the smart contract on one of the DeFi platforms, namely Unicat, which is detrimental to the holders. SwapHub Code can be seen by everyone here https://github.com/swaphub-finace/swaphub, It has been audited by various trusted parties and of course provides security for its users.

Conclusion

DeFi is a financial revolution with great potential. It provides new benefits for everyone due to a more transparent process. SwapHub provides more benefits for us as Early Adopters by getting more attractive passive income. Their source code has also been audited and I think it's safe. I hope you become a part of the SwapHub community, Don't miss it guys!

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