On July 28, LBP, LongBit’splatformcoin, was officially launched on Uniswap, becoming itsfirst platform coin. Onthe same day, LongBit announced its launch of DeFi Trading Zone forcomprehensive support of DeFi ecological development, meeting users' tradingneeds for hot projects and providing abetter investment experience.

Uniswap is a DEX platform fullydeployed in Ethereum chain, and the largest decentralized exchange in theworld. Based on the model of "constant product automated marketmaking" (reserve pool mode, chain matching, chain clearing), Uniswappromotes automatic exchange transactions between ETH and ERC20 token digitalassets. Uniswapis called "a bull market’s engine", as its tradingdesign significantly improvescurrencyliquidity and the convenience of trading.

Uniswap excels at exploiting high-potentialprojects; it has not only launched such star projects as UMA and BZRX, but alsoboosted the rise of Tokenpocket’s TPT, which rose sixfold within just twodays afterits launch on the platform in 2018. Uniswap selectingLBP as its first platformcoin is likewisebased on LBP’s greatpotential and issuing platformstrength.

LongBit is known for its"Customer First" concept, its insight into assets, and its sophisticatedaggregate trading. It has a highreputation among users and has spawnedmany hotprojects such as Lucy, Lucky, and RVC. LongBit ever aimsto build a safe,stable, transparent and fair global digital assets trading platform to provideglobal customers with digital currencytrading services with higher liquidity,performance, and convenience, providing investment bank consultancy services throughoutthe entire project chain.

LBP, a global ecologicalcredit issued by LongBit, is a basic LBChain public blockchain currency. It wasissued on GXChain before going public on the mainnet. Itstotal circulation was1 billion, which had witnessed a rise of 64% within just six days,featuring a top-ratedeflationmechanism and application scenario design. Among quarterly ecological profits,20% will be used for LBP buy-back and burn until the aggregate amount reaches 500million.

LBP currently plays animportant role in LongBit's global ecology—in functional rights, ecologicalscenarios, and payment services, to name a few areas. It is widely applied toLBChainmainnet fuel payments, network transfer fees, as ecological trading zonepricingdigital currency, and as the only vote-counting Token for IEO projects.

It is predicted that LBP will usher innew growth and witness appreciation followingits Uniswap launch.

（本文转自美国先去日报，文章原链接：http://finance.dailyherald.com/dailyherald/news/read/40225161/）

本文来源：LongBit交易所原文标题：LBP login to uniswap

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