TOKENIK, the world’s first reward farming DEX, set to launch on Feb 28, 2023

December 7, 2022– TOKENIK, the world’s very first benefit farming DEX with integrated DeFi dApps– is set to introduce on 28 February 2023. The environment is created as a totally decentralized platform that has the ability to use services and products with the functions of a central exchange while enabling users to make money benefits on top of revenues, making it among the most fulfilling methods to trade digital properties.

TOKENIK intends to produce a distinct environment where everybody advantages. Users can make benefits through taking part in the environment and staking, while tasks have access to extra liquidity and direct exposure for their tokens.

Powered by $NIK & &$ RNIK tokens, TOKENIK is poised to reinvent the decentralized exchange area. With their ingenious functions and benefit design system, the group is positive that TOKENIK will change how individuals trade digital properties. TOKENIK is examined and partnered with Strength Financing.

TOKENIK comprehends the value of a non-custodial decentralized platform for DeFi items which’s why they have actually developed an all-in-one service for DEX items.

Integrated DeFi dApps

• Area Trading
• $ NIK & & $RNIK Staking
• Take Advantage Of Trading
• Limitation Orders
• Tokenik Wallet
• Tokenik Safe
• Portfolio Rebalancing
• LP Staking Farms
• NFT Escrow
• Financing
• Options Trading
• Token Bridge

TOKENIK’s DEX Developments

• TOKENIK’s Exclusive Cost Effect function is set to reinvent how users engage with Automated Market Makers (AMMs). By executing a rate effect style into the swap user interface, liquidity suppliers will get approximately 70 times more revenues while reducing impermanent loss through the increased charges created by the swap This will increase effectiveness and success for those actively taking part in decentralized exchanges. This likewise serves as a security system versus flash loans and bots.

• TOKENIK comprehends that liquidity is essential for the success of any decentralized exchange. That’s why they have actually revealed their brand-new Liquid Trading Charges system, enabling users to make from both properties switched on every trade and RNIK trading benefits. Plus, these charges will constantly be offered for withdrawal at any time. TOKENIK thinks this will be a game-changer for decentralized exchanges.

• In Addition, the TOKENIK platform will use Offer Tax Assistance, which will guarantee that the sell taxes do not impact the sellers. This distinct function will permit tasks to incentivize token holding and preserve deflationary rates, all while making sure that sellers do not experience any loss when offering their tokens. This sets TOKENIK apart from other DEX platforms and enhances its dedication to offering purchasers and sellers with the very best possible user experience.

• The platform likewise boasts other notable functions, consisting of Dedicated Task Benefits and Fair Benefits Circulation system Dedicated Task Benefits will permit users to sign up with as a Grant Partner and get reserved trading charges, program benefits, and increased presence for their task within TOKENIK’s market. The Grant Program will likewise use financing chances for these Dedicated Partners.

• Tokenik Take Advantage Of Trading is a decentralized, non-custodial, take advantage of trading procedure where users can acquire leveraged direct exposure on crypto properties. The artificial take advantage of architecture, backed by a DAI Vault, makes Tokenik more capital effective, enables low trading charges and a large range of utilizes and sets. As part of the DAI Vault bots defense steps, TOKENIK is presenting a minimum trade period of 1 hour and a minimum trade quantity of $100.

NIK is Tokenik governance token and is the most fulfilling property a user might hold!

Approximately 50% of all the charges the Tokenik environment produces get to be dispersed amongst holders of the NIK governance token, making it the most fulfilling property a user might hold!

The charges are being dispersed daily and can be withdrawn as liquid USDC (throughout v1). As soon as Tokenik v2 is introduced, the benefits will be paid in liquid bought-back RNIK. Comparable to the NIK token trading, the charges circulation will likewise begin at platform launch.

The Tokenik environment with all its DeFi DApps is being at first presented on the Ethereum blockchain and later secondary chains like Avalanche, Binance Smart Chain or Polygon. This will include a whole brand-new set of advantages for the Ethereum NIK token holders. The charges created on any of the secondary chains will get bridged back to Ethereum and dispersed to NIK token holders. Public IDO is set to open on their platform in January 2023. More details will be offered on https://tokenik.com/tokenomics/

Make RNIK Trading Benefits– Get rewarded for each token swap

Tokenik values and rewards its platform users the most! Make 1% of the dollar trading worth back in RNIK trading benefits on all certifying swaps.

The RNIK benefits are being quickly paid to your Tokenik benefits wallet balance. Utilize them as discount rates on future swaps, stake them to increase the quantity of your benefits, or (everybody’s preferred) keep collecting more to be transformed 1:1 into RNIK tokens on Tokenik v2 launch.

Tokenik is embracing an airdrop design to disperse $RNIK to users. $RNIK has a set overall supply of tokens based upon the quantity of airdrops declared. Head to https://tokenik.com/documentation/what-is-the-tokenik-airdrop/ to learn more on the airdrop. Airdrop ends Feb 15th 2023.

About TOKENIK

TOKENIK thinks in the future of decentralized trading platforms. That’s why the group has actually developed a crypto exchange that provides safe and secure and trustworthy trading, benefits, and rewards for all individuals. The TOKENIK Procedure is powered by 2 tokens– the NIK and RNIK– which can be made through taking part in neighborhood activities or offering liquidity to the platform. In addition, TOKENIK’s decentralized environment consists of DApps for numerous usages, from automated market-making to staking swimming pools.

With easy to use tools and a concentrate on security, TOKENIK intends to make the world of decentralization more available for everybody. Hence, they wish to continuously broaden and upgrade their offerings to satisfy the ever growing requirements of their growing user base and guarantee that Tokenik stays at the leading edge of decentralized financing.

Authorities Hyperlinks Site: https://tokenik.com/

Twitter: https://twitter.com/TokenikDEX

Discord: https://discord.gg/tokenik

Check out www.tokenik.com to begin today!