Make the Most of Crypto Trading and the NFT Growth Story With Terraformer

2022-4-12 16:36

The cryptocurrency market is a multi-trillion dollar space, growing consistently in length and breadth. Not only is the volume of trade increased, but the number of market participants and market facilitators is also increasing each day.

There are more than 18,000 crypto assets in the market today, traded across nearly five hundred exchanges. While the increased volume of crypto-trade is a natural outcome of the growing number of crypto assets, other blockchain-powered systems and mechanisms are also surging fast.

For instance, the total value locked in all the DeFi protocols combined is more than $230 billion, while the NFT market reached $41 billion in 2021. Growth in diverse streams and areas encourages platforms to come up as an ecosystem of offerings rather than concentrating on one or two areas of high growth.

Terra, the well-known network in the crypto space, claiming to have introduced programmable money for the internet, has gone up a step ahead with Terraformer, an engine propelling the growth of its ecosystem.

Aggregated Trading With Terraformer

Trading with Terraformer is a one-stop-shop for every maneuvering possible with your crypto assets. You can connect Terraformer online with your Terra Station extension wallet or mobile application and start swapping any coins on Terra, including the native USD Terra, KRW Terra, Eur Terra, etc, as well as other Terra-compatible tokens. You can access a wide variety of liquidity pools to stake and earn. There are some high-return liquidity staking pools in Terraformer’s list. For instance, the Credefi pool, where you stake CREDI to earn CREDI, comes with an APR of nearly 280% (as of the time of this writing).

The toolkit that Terraformer has launched is actually the first trading aggregator on Terra, which also includes an aggregated data and analytics tool, as well as an IDO database. In the process, it plans to achieve a super aggregator dApp that will solve some of the biggest industry bottlenecks.

An aggregated DEX for Terra means access to all DEXes simultaneously rather than having to visit them one at a time. This leads to the best rate available for token swaps with a single click. For the users, it will mean optimizing their investment in a shorter time, while for the platform, it would translate to more traffic and volume.

Adding liquidity is as easy as connecting your wallet online, while you can remove liquidity anytime you want to receive your tokens back. Terraformer also has a launchpad, where new projects can apply for IDOs. Projects like DeFiato, DragonSB, and BitLocus are projects that have successfully raised funds through Terraformer.

Moreover, the data and analytics as well as IDO stats database will increase transparency in the system, making it more credible and predictable for users. These services will serve as a conversion funnel for the platform to turn visitors into potential users.

Leveraging the NFT Market Growth With Terraformer

Terraformer is building an aggregator for the NFT space as well. It will bring together all NFT marketplaces on Terra, helping users with single-point access from the Terraformer platform. This facility will help save time and money for consumers shopping for an NFT. The NFT sales diversity in Terraformer will be available through a variety of formats, such as outright buy and bidding.

Two NFT-powered market segments growing fast these days are the GameFi and Metaverse. While GameFi already commands a market size of US$14 billion, the global metaverse market size would cross US$650 billion by 2030. The aggregation service of Terraformer will help leverage the growth in these areas without having to work on several platforms with diversified strategies for different segments.

All these developments align with Terraformer’s vision of providing what is required to make the space conducive for future blockchain users. According to its plans, the platform empowers the stakeholders with technology, community-centered funding avenues, a robust support network, and marketing capabilities. The native token TFM that is yet to launch and function as the membership asset of the ecosystem leading to increased access and discount, would bring more value to its holders as the ecosystem keeps growing.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Market.space (MASP) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 MASP

market trade volume only breadth increased participants

market trade → Результатов: 126


Dark Market Seller Convicted Of Selling Drugs by DoJ, To Forfeit Millions In Ill-Gotten Crypto Profits

California resident Sky Justin Gornik has been convicted of selling drugs for cryptocurrencies in darknet markets. According to a statement from the U.S. Department of Justice, the man aged 39 pleaded guilty to using the Alpha Bay, Trade Route, Abraxas, Evolution, Outlaw Market, and Dream Market trading floors to trade fentanyl, carfentanil, ketamine, oxycodone, amphetamine, […]

2019-8-21 21:24


Фото:

Invest & Trade Smarter With Renovato – the Next Generation Crypto Exchange

With a large number of post-2017 cryptocurrencies entering the market, the need for a trading platform that offers the right strategies to offset investor risk has become a market necessity. Bridging the Gap Between Exchanges – Introducing Renovato Based in the United States but with a global presence, the Renovato platform will shape the industry […] The post Invest & Trade Smarter With Renovato – the Next Generation Crypto Exchange appeared first on ZyCrypto.

2019-3-4 18:11


Bitcoin SV (BSV) Long-term Price Analysis – March 2

BSV/USD market slight downward movement appears to be imminent. A decent long entry may be found under the two SMAs while traders need to exercise patience. BSV/USD Long-term Trend – Ranging Distribution territories: $90, $100, $110 Accumulation territories: $40, $30, $20 Between February 24 and 27, BSV/USD trade witnessed notable both decline and uprise during […]

2019-3-2 12:03


Dow Leaps Higher as Chinese Stock Market Closes Best Day in 3 Years

The Dow and overall U. S. stock market surged on Monday after President Trump confirmed that he would extend trade negotiations with China and hold off on a planned tariff hike early next month. Dow Extends Bullish Revival; S&P 500 & Nasdaq Follow All of Wall Street’s major indexes reported gains at the beginning of the week, reflecting a strong pre-market for Dow futures.

2019-2-26 21:12


Платежный провайдер Mercury FX задействует технологию xRapid от Ripple

Провайдер международных платежных переводов Mercury FX объявил о расширении сотрудничества с компанией Ripple. “Ripple provides the opportunity for us to say we have opened up this market and we can come here and trade freely at the optimized speeds and costs.

2019-2-25 11:15


Wings Mobile Bitwings (BWN): Smartphone Cryptocurrency Mining?

What Is Wings Mobile? Established in 2009, Wings Mobile is a Spanish virtual mobile operator that focuses in the development of software, smartphones, and laptops. Wing Mobile aims at incorporating security protocols and tools within their products, which will enable the product users to seamlessly trade in the cryptocurrency market as well as make crypto payments […]

2019-2-24 15:36


ForDeX: Safe App To Buy Stablecoin Cryptocurrencies With USD?

What Is ForDeX? ForDeX is a one-stop market for stablecoins, where users can buy stablecoins with USD. The platform deals with stablecoins in various currencies, allowing users to build a portfolio and trade across top stablecoin projects that represent real currencies such as US Dollar, Korean WON, or the Singapore Dollar. In addition to supporting multiple […]

2019-2-24 09:19


Bitcoin SV (BSV) Long-term Price Analysis – February 23

BSV/USD market still sees its major range movements under downward pressure mode. A strong price action needs to be awaited to effect a change in the current market trend. BSV/USD Long-term Trend – Ranging Distribution territories: $90, $100, $110 Accumulation territories: $40, $30, $20 Trade between the USD and BSV still features within the range […]

2019-2-23 12:04


Analysts Expect Ethereum (ETH) to See Increased Bullish Momentum as Crypto Markets Trade Mixed

The crypto markets have experienced decent levels of bullish momentum over the past couple of weeks that has allowed virtually all major cryptocurrencies to recover some of their recent losses. Ethereum (ETH) is one notable gainer that has jumped nearly 45% from its monthly lows and has firmly reclaimed the number two spot by market.

2019-2-21 03:00


Solidus Labs Secures $3 Million In Funding To Eliminate Cryptocurrency Market Manipulation

Solidus Labs Raise $3 Million In Seed Funding To Eliminate Cryptocurrency Market Manipulation. In a bid to make cryptocurrency price manipulation a thing of the past, Solidus Labs, a firm created by former Goldman Sachs fintech experts, focused on developing artificial intelligence (AI) powered trade surveillance solutions for crypto assets, has raised $3 million in […]

2019-2-21 20:41


Фото:

Nearly Half of Millennials Trust Crypto More Than US Stock Market: Survey

Nearly half of millennial online traders have more trust in cryptocurrencies and crypto-assets than the US stock market, according to a new survey from eToro, an investment platform. Even among millennials who do not trade crypto, one-third said they would trust crypto over the stock market, indicating the beginning of a generational shift in trust, […] The post Nearly Half of Millennials Trust Crypto More Than US Stock Market: Survey appeared first on Coinjournal.

2019-2-20 22:39