Alright, let's break this down! Imagine you have a special piggy bank for your valuables. Well, there's this new piggy bank called IX Swap for special tokens called security tokens.
These security tokens are like digital versions of important papers that say you own valuable things. They live on the internet and are super protected. IX Swap wants to make using these special tokens easier by using a smart idea from another special piggy bank called Uniswap.
Uniswap tackled a significant problem, similar to when you have a valuable item, but there's difficulty finding someone willing to exchange it for something you need. Uniswap addressed this challenge by utilizing advanced computer codes (smart contracts) and pools of tokens (liquidity pools) to facilitate rapid and straightforward trading.
Now, IX Swap is using the same idea to help people trade their special tokens quickly and easily. These special tokens are representations of valuable thingsin real life, and IX Swap wants to make it so everyone can trade them without any problems.
Basically, liquidity is the ability to buy and sell something really fast. The faster an asset is traded or sold, the more we can say that this asset is liquid. If an asset is harder to trade and sell, then we can say that that asset is illiquid.
With the use of Automated Market Makers (AMMs) IX Swap allows increased liquidity for security tokens, and tokenized RWAs. Meaning we're able to help STOs and tokenized RWAs find buyers and sellers.
Think of IX Swap’s AMM as a vending machine. You can buy snacks from a vending machine instead of buying them from a store and paying money to the cashier. With a vending machine, you never have to worry about whether the store is open or whether the cashier is on a lunch break. You can buy your snacks from a vending machine at any time. Now think of that in the security token world, where you have tokens instead of snacks.
Click "Next" to start the Intermediate Course
Click "Next" to start the Advanced Course
You are now eligible to be an IX Swap Ambassador