Cryptocurrency exchange KuCoin has announced This event marks the launch of KuCoin's Spotlight, which empowers participants to kick off their journey with IX Swap the IX Swap (IXS) and acquire some IXS tokens, which underpin the IX Swap ecosystem.
Introducing IX Swap: a comprehensive DeFi-driven Automated Market Maker tailored for Security Token and Tokenized Stock Offerings.
These cutting-edge solutions aim to address gaps in the existing infrastructure, propelling the rise of Security Token Offerings by leveraging the remarkable potential of security tokens and tokenized equities.
KuCoin Exchange Now Hosts the IX Swap IEO
This venture bridges the gap between DeFi and CeFi, enhancing liquidity in the STO arena and promoting the adoption of tokenized assets through borrowing, lending, and market-making functionalities.
IX Swap provides Automated Market Making and liquidity pools to inject liquidity into the STO sector, offering two varieties: custodial asset pools (for STOs and TSOs) and non-custodial ones (for cryptocurrencies).
For custodial assets, a certified third-party custodian oversees the process, ensuring adherence to regulations, while non-custodial assets allow users to stake tokens, contribute liquidity, and share in the revenue.
IX Swap also handles lending and borrowing of dormant assets, with loans pegged to a percent of the asset's market value, repaid with interest through a smart contract, ensuring collateral release post-repayment.
The project allocates 8% of funds for impermanent loss insurance and levies a 5% trading fee plus half of any penalties from early liquidity withdrawal.
What Is the IXS token?
IXS acts as the foundational currency of IX Swap, distributed as incentives to ecosystem participants to ensure ongoing engagement.
Pools with IXS pairings not only yield enhanced returns but also incorporate features to mitigate impermanent losses.
IXS tokens are crucial for on-chain governance, influencing platform management and modifications, unless it's set as the native token for payments on the InvestaX CEX Platform.
Can Security Token and Tokenized Stock Offerings Shake Up the Current Financial Ecosystem?
Aiming to revolutionize the industry, the IX Swap platform capitalizes on its substantial promise by enticing users back to the decentralized securities domain with added liquidity.
IX Swap is grounded in expert knowledge, conceived by a proficient trio: Alice Chen, Aaron Ong, and Jules Kwan.
Alice Chen brings 17 years of corporate and legal expertise from top international firms to her role in establishing IX Swap.
Before venturing into crypto, Aaron Ong had accumulated over eight years of capital market and investment experience at elite banks, focusing on advising across various asset categories.
Co-founder Jules Kwan, with a 20-year business background, has launched six ventures, including blockchain initiatives, amassing extensive expertise in security tokens and digital platforms.
Despite their current minor market share, Security Token and Tokenized Stock Offerings are poised to offer significant enhancements over traditional methods.
