Youniverze (YUNI) Will Offer Solutions To Problems To These 2 Coins Through Its Multichain Feature
With success amassed over the years, blockchain crypto technology should be upscaling at a higher rate, considering the millions of people adopting cryptocurrencies daily. However, the creators of Youniverze (YUNI) have identified the underlying issues hindering the progress, and have incorporated features into the YUNI platform to solve them. As a result, Youniverze (YUNI) will revolutionize the cryptocurrency market through multichain and smart bridging.
The problems hindering the progress of blockchain crypto innovations are seen in the lack of interoperability between blockchain networks. Blockchain networks have unique rules that make trading on other networks quite impossible. This hindrance also impedes the aim of total decentralization that cryptocurrencies have been trying to achieve for years.
When users cannot effectively manage their crypto assets across blockchains, it’s indirectly giving power to one blockchain network holding your assets. However, the Youniverze (YUNI) was created to explore the potential of bridging technology, supporting true cross-chain blockchain networks that give individuals free reins to trade several types of tokens on its protocol.
With Youniverze (YUNI), you can trade your Shiba Inu coins (SHIB) with the native tokens of PancakeSwap (CAKE). PancakeSwap is also one of the few platforms that strive for true and total decentralization in the elimination of intermediaries. Therefore, its decentralized exchange is akin to the Youniverze (YUNI) exchange. However, YUNI stays competitive with its cheap swap rate, easy navigation, higher liquidity, multi-chain feature, and incentives.
Youniverze (YUNI) – The Multi-Chain And Sourcing System For Shiba Inu (SHIB) And PancakeSwap (CAKE)
As more people adopt cryptocurrencies, the flaws of blockchain crypto technology become more pronounced. Unfortunately, not one platform has all the solutions to the flaws, with interoperability being a critical problem for all of them. Furthermore, the lack of interoperability causes difficulties with processing speeds on individual platforms and high costs.
For instance, Shiba Inu (SHIB) is on the Ethereum network, while PancakeSwap (CAKE) runs atop the Binance Smart Chain. Therefore, swapping the tokens will require you first to employ third-party services or convert one of the tokens to a fiat currency. However, with the Youniverze smart bridging platform, that problem is eliminated where you can trade/swap all cryptocurrencies that are not native to Youniverse with ease without conversion to fiat currencies.
Through its multichain and sourcing infrastructure, Youniverze (YUNI) will be the destination platform for users to easily switch between platforms and use their money on various blockchains. Also, other blockchain networks can use Youniverze Finance to exchange security data and gain immediate access to validator nodes in the network.
There are several incentives to enjoy Youniverze (YUNI) from the beginning. You get bonus YUNI tokens for participating in the different stages of presale and referring a friend to the universe network. When you enter stages one, two, or three of the YUNI presale, you get 6%, 5%, or 4% more tokens. And if you refer a friend to the platform and they spend $250 worth of YUNI tokens, you and your referral will get $50 worth of YUNI tokens as a bonus.
Rewards For Staking And Providing Liquidity On Youniverze (YUNI)
You’ll get rewards for staking or providing liquidity on the YUNI platform. With staking, YUNI members receive rewards and the right to make choices and proposals on the YUNI platform. Stakers will get a share of the fees gotten from the ecosystem’s liquidity pools.
You can earn YUNI tokens by adding liquidity to the Youniverze Finance decentralized exchange liquidity pool as a liquidity provider. When liquidity providers create LP shares for staking contracts on Youniverze, it’ll trigger a staking contract where LP miners can earn by staking their pro-rata portion of the staking pool.
YUNI also plays a vital role in the metaverse by creating a virtual space for its users to interact, trade, play games, and explore all the possibilities attached to the metaverse. You can be part of this scalable ecosystem today by purchasing YUNI.