Genesys Token (GSYS) Coin Guide & Detailed Review

About Genesys Token

Genesys Token have the best platform for you as a user or developer, in where you can trade and earn on different networks such as Ethereum, Polygon, Binance Smart Chain or even Fantom, with the possibility of expanding to more networks in the Future. Here you can get the most suitable rates for token trading and even earn more with your token assets.

Blue Lotus DAO has the characteristics of a DEX or also well-known as decentralized exchange, and it is also a liquidity provider with the characteristic of having efficient liquidity funds that allow earning fees for liquidity providers; being one of the first multi-chain Dynamic Market Maker in DeFi.

Blue Lotus DAO is a DMM, it has differences with a common AMM or Automated Market Maker that see in several liquidity platforms, one of the great differences is that Blue Lotus DAO allows to optimize the Capital, obtaining very attractive rates for the user with the aggregation of liquidity and that in addition with this optimization, you achieve greater efficiency and increase the profitability of liquidity providers according to market conditions.

Genesys Token (GSYS) Point Table

Best returns/yield for Liquidity Providers (LPs)

Amplified Liquidity Pools: Higher capital efficiency and lower slippage

Less tokens required for high liquidity. Blue Lotus DAO enables liquidity pool creators to create amplified pools in advance or add liquidity to existing pools, achieving much higher capital efficiency for providers and better slippage for users compared to AMMs.

Dynamic Fees: Higher returns

Higher earnings for LPs, reducing the impact of impermanent loss. Trading fees are adjusted dynamically according to on-chain market conditions. In a volatile market (higher than usual volume), fees automatically increase to an optimal level for higher returns. In periods of low volatility, fees decrease to encourage more trading and total fees collected.

Rainmaker Yield Farming: Earn bonus rewards

Rainmaker, Blue Lotus DAO’s yield farming program, allows users to earn bonus incentives simply by adding token liquidity and staking the corresponding liquidity provider tokens (LP tokens) into the eligible farms.

Best Rates for Traders

Blue Lotus DAO has Dynamic Trade Routing, which aggregates liquidity and enables users to source liquidity across different decentralized exchanges to achieve the best rate for any token swap, on any supported network.

Blue Lotus DAO trades are split and routed optimally through different DEXs for the best prices within the same chain/network. Users can trade tokens that may not be in Blue Lotus DAO pools but are available on other DEXs. You can see exactly which DEXs were involved in the trade and the % split between them.

Blue Lotus DAO’s DEX aggregator also provides the following benefits:

Optimised Trade Route: If a trade passes only through Blue Lotus DAO’s own pools, the gas fees associated with this trade will be minimal. The gas fees charged to our users will be as if the DEX aggregator was not used at all.

Reduced Gas Fees: We reduce the number of transfers. Therefore, the gas fees associated with trading Fee on Transfer (FoT) tokens are also reduced. In Fee on Transfer tokens, generally, a small portion of every transfer is either burnt or diverted to another wallet (i.e. tax). FoT tokens are common on the BSC chain.

Why Choose Genesys Token?

Blue Lotus DAO’s core improvements are its flexible fee adjustment and programmable pricing curve setups. The flexible fee approach helps reduce the impact of impermanent loss, while different pricing curve setups tailored particularly to the token pairs in the pool allow better capital efficiency.

Anyone can create a pool or become a liquidity provider (LP) by depositing an equivalent amount of each underlying token in exchange for LP tokens. These tokens represent pro-rata LP shares of total reserves and can be redeemed at any moment for the underlying assets.

For each token pair, there are possibly many multiple pools with different configurations for the pricing curve. Pools are ready to accept one token for the other as long as Blue Lotus DAO’s formula is preserved. For more information on the programmable pricing curve formula, see Programmable Pricing Curve.

Where Can You Buy Genesys Token (GSYS)?

Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On VinDAX, As It Has The Highest GSYS/USDT.e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include GSYS/USDT And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.

Market Screenshot

Genesys Token Supported Wallet

Several Browser And Mobile App Based Wallets Support Genesys Token. Here Is Example Of Wallet Which Genesys Token – Trust Wallet For Hardware Ledger Nano.

Team

Roadmap

FAQ Of Genesys Token