AlienFi is a decentralized exchange (DEX) based on the Arbitrum Chain that offers rapid, secure, and low-cost token trading with complete transparency and complete management of your cash. AlienFi’s elegant and user-friendly platform facilitates the trade of DeFi assets by its users. AlienFi removes the possibility of hacking and theft, allowing users to keep complete control over their cash in a quick, inexpensive, and safe manner. AlienFi brings a never-before-seen degree of trust and efficiency to the DeFi industry, hence creating a pleasant and confident atmosphere for the new investors.
Trading on AlienFi
The method of trading on AlienFi is one that is decentralized and automated, and it takes place on the Arbitrum Chain. AlienFi is a decentralized exchange (DEX), which means that it offers its customers a trading experience that is both safe and open.
Users are able to engage in trade in a quick and effective manner using AlienFi. Trade occurs on AlienFi via the use of smart contracts, which automatically carry out deals in accordance with the parameters that are established by the users. Because of this, there is no longer a need for middlemen, which makes the procedure not only quicker but also cheaper and more secure.
AlienFi Swap
By the use of our automated liquidity pools, the AlienFi Swap platform facilitates an exchange of one ERC-20 token for another in a method that is user-friendly, cost-effective, quick, and safe. With AlienFi, you will be able to do business with confidence, knowing that you are in charge of your possessions and that your financial dealings are safe.
On AlienFi, every swap has a default transaction deadline of twenty minutes, which was implemented for safety reasons. It indicates that if your swap has been waiting for confirmation on the blockchain for twenty minutes, then it will fail since the time limit has been reached. On the settings for the Swap page, you have the ability to modify this time limit to better suit your needs.
AlienFi has a mode called Expert Mode for its more experienced customers. This mode permits high-slippage trades and suppresses the prompt that asks you to confirm transactions. As a result, swaps are completed far more quickly. You are able to transfer the tokens that you are trading to an address that is not your own while you are using the Expert Mode.
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AlienFi Liquidity
To put it simple words, the capacity of an asset to be sold or traded is what is meant by “liquidity” in the context of derivative financial instruments. A pair of digital assets that have been combined in order to make trading possible on a decentralized exchange (DEX) such as AlienFi is referred to as a liquidity pool.
Liquidity is an essential component for maintaining a robust ecosystem on AlienFi, which is why it is one of the platform’s core values. As a result of an increase in the liquidity that is made accessible on the AlienFi platform, a higher number of users will have the capability to trade a greater quantity of their preferred tokens without experiencing any difficulties.
According to what is said in Alien Swap, users that increase liquidity on the AlienFi platform are rewarded with certain trading fees, which other users pay when they trade their tokens.
Staking on AlienFi
The purpose of AlienFi Yield Farms is to encourage users to create liquidity for their favourite token pair. Investors that supply liquidity are rewarded with LP tokens in exchange for their contributions. Investors may stake their LP tokens in AlienFi Yield Farms to earn extra $ALIEN tokens in addition to the trading fee in exchange for the LP tokens that generate trading fees for that particular pair.
To acquire extra tokens, you may stake $ALIEN tokens in staking pools. Depending on the pool in which you have a stake, the prize token may be $ALIEN or another partner’s token. Staking is a straightforward and convenient method to increase your revenue stream, regardless of whether you acquired your $ALIEN tokens via yield farming or bought them.
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