Can NGKEX become a sustainable business model in the DEX field?

NGKEX is currently the most popular platform in the DEX field. Unlike those DEX platforms based on the Ethereum protocol, the NGKEX adopts the DPOSS consensus mechanism, with extremely low transaction fees. It will not easily cause a network delay due to large-scale transactions, which ensures the liquidity of platform.

Currently, the NGKEX currently has two participants, one is the ecological builder and the other is the liquidity provider (LP). In addition to providing currency trading, contract trading, leveraged trading, and OTC trading, NGKEX also provides multiple liquidity mining pools. The ecological builders can participate in the exchange and NGK token mining through NGKEX, such as participating in the NGK/USDN mining, BGV/USDN mining, SPC/USDN mining and VAST/USDN mining.

NGKEX

Under normal circumstances, LP can first inject a certain number of tokens into the NGKEX pool to provide liquidity, and at the same time earning handling fees from ecological builders. On the other hand, the ecological builders can exchange tokens through NGKEX to obtain spreads.

At present, the NGKEX has low handling fee, which is fairer to ecological builders and less friendly to LP. In fact, the NGKEX is very friendly to both ecological builders and LP. The NGKEX charges a very low fee, which can attract many ecological builders to actively participate. This will bring more liquidity to NGKEX, which in turn will bring more handling fees to LP. In addition, the higher the liquidity, the higher the value of NGKEX in general, and the value of the NGK tokens on the NGKEX will also increase.

This shows that NGKEX can become a sustainable business model in the DEX field.

NGKEX

The NGKEX provides high returns and arbitrage opportunities, as well as absolute platform advantages to ecological builders. Compared with other DEX platforms, the NGKEX integrates graphene technology and InterPlanetary File System (IPFS), with fast block generation speed of 3 seconds, which is an output that cannot be achieved by Ethereum and Bitcoin. In addition, the IPFS can store data in fragments, which greatly saves the storage space, thus ensuring the stability of the platform. Moreover, as mentioned in the previous article, the NGKEX’s handling fee is extremely low, which saves a lot of costs for ecological builders. Therefore, NGKEX has become the first choice for many ecological builders.

As for LP, the NGKEX provides the fee income of the ecological builders and the tokens on the NGK blockchain. As mentioned above, the NGKEX can attract many ecological builders, so it will bring many handling fees to LP. Moreover, the on-chain tokens of the NGK blockchain are very valuable, bringing high profits to LP.

NGKEX

Therefore, NGKEX can bring profits to both parties, whether you are an ecological builder or a LP. The NGKEX is sustainable. Those DEX platforms based on the Ethereum protocol will charge high handling fees, which are only beneficial to LP and will not bring profits to ecological builders, so they are not sustainable. In comparison, NGKEX is the preferred DEX platform for both LP and ecological builders.

NGK blockchain