Best DeFi Crypto Exchange | Swarm Markets | Better than Uniswap, Balancer, or Sushiswap?! Altcoin Daily
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Name of Organizations / digital currencies / persons / digital platforms / applications used in the video
- Swarm Market
- Dai stableCoin
- swarm capital gmbh
- section 64y
- German Banking Act
- German Federal Financial Supervisory Authority (BaFin)
- Security Tokens
- Tesla Bitcoins
- SMT Token
- BNB Token
- Hedge Funds
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Summary of Timestamp 2
swarm markets is the world's first regulated DeFi protocol it is a high liquidity cryptocurrency and security exchange for retail traders and financial institutions alike. It is similar to Uniswap, Balancer and SushiSwap, however, regulated.
swarm markets will be useful to you if you value self-custody if you value transparency if you value participation but you also want to remain compliant confident and have a greater peace of mind that your digital assets are future proof. To use this platform all you need to start is Ethereum ether or Dai stableCoin
Summary of Timestamp 3
You would choose swarm if you want something 100% regulated and compliant. In terms of regulatory licensing requirements swarm capital gmbh operates under the exemption according to section 64y of the German Banking Act and is regulated by the German Federal Financial Supervisory Authority (BaFin). Though regulated in Germany, but many countries can use this platform.
Summary of Timestamp 4
Current US citizens cannot. SMT is native token of Swarm Markets. It is payment token and looks after rewards programs too. It has a 100 year regressive rewards distribution. Also, it is quarterly vesting starting 20% tge plus 20% each quarter stability reserves.
Summary of Timestamp 5
Liquidity providers get pool fees as well as weekly smt rewards.
Summary of Timestamp 6
DeFi cannot hit the trillion dollars mark without capital from conventional finance and institutions. with this banks hedge funds family offices they can get exposure to the cryptocurrency markets and use DeFi. Also, every financial product from wall street can be digitized and put on the blockchain with security tokens issued under swarm markets licenses and instant listings on the swarm markets platform. Moreover, new real value-backed assets on chain will allow for new and interesting trading pairs i.e tesla bitcoin.
In short, swarm markets is the on-ramp for massive amounts of capital to flow in from traditional finance into crypto and traders can get access to all of this immediately.
Summary of Timestamp 7
smt token launched around 10 cents it's up about 3x in about a day.
Summary of Timestamp 8
Super-fast KYC with instant approval of transaction up to 5000. Unlimited approval after AML check. Users will be able to create their own pool and trade assets that they want based on their own needs