INJECTIVE PROTOCOL , A GROUND BREAKING DECENTRALIZED TRADING PLATFORM THAT OFFERS FULL DECENTRALIZATION AND WIDER TRADING SERVICES
INTRODUCING INJECTIVE PROTOCOL
Cryptocurrency Exchanges is an online platform where buying and selling varieties of crypto assets takes place .There exist 2 major types of Crypto exchanges i.e Centralized Exchanges and Deentralized Exchanges. Majority of existing Cryptocurrency exchanges goes gainst the principle of blockchain by evading the principle of decentralization. Centralized Exchanges plays the dominant role in cryptocurrency trading space while decentralized exchanges is hardly recognized due to the problem of liquidity associated to them. Meanwhile, those acclaimed Decentralized Exchanges are not fully decentralized ,they are semi- decentralized exchange because users would
need to move their assets into the exchange wallet before they could execute trades. This is obviously a big shortcoming in Crypto trading system .
In this article, i will be introducing my readers to a game changing trading platform named Injective Protocol. Injective Protocol is a fully fledge trading platform with end to end decentralized protocol which enables decentralized perpetual swapz , margin , futures and spot trading .Injective offers 100% trustless protocol , censorship resistant , fron running resistant and publicly verifiable. blockchain system .
Injective Protocols focuses on fixing some loopholes associated with the existing DEX platform , the platform intends to offers users a fully decentralized trading platform with wide range of products and services. This is going to be one of a kind in the Crypto ecosystem.
Another fantastic features of Injective Protocol is its Layer 2 Side Chain and Cosmos Zone which will be connected to Ethereum .SIDECHAIN is a separate blockchain which depends on mainnet which is Etherereum (ETH) .It is usde in increasing privacy , scalability and boosting the effectiveness of other valuable fundctions of blockchain .
Injective Protocol amongst its services will be includes Futures trading . What is futures ? Futures is contract between 2 parties which aimed at buying and selling of a crypto assets on a pre-determined price or pre-determined date. Injective will engage in futures trading system and enable decentralized perpetual swaps, derivative trading's and CDFs trading .
ABOUT INJECTIVE PROTOCOL
Injective Protocol is a fully decentralized and secured trading platform founded by Eric Chen. It is a project backed by BinanceLab and StartX . Injective Protocol is a fully fledge trading platform with end to end decentralized protocol which enables decentralized perpetual swaps , margin , futures and spot trading .Injective offers 100% trustless protocol , censorship resistant , fron running resistant and publicly verifiable. blockchain system . Injective will support decentralized finance (DeFi) system. Through Injective borderless financing system it will be supporting a version of decentralized future market , Margin trading and derivatives trading system. Injective aims to provide the best services for their users .
INJECTIVE CHAIN (EXPLAINED)
It is a Consmos Zone and layer 2 side chain which are interconnected with Ethereum network. The underlying assets based on Erc20 layer 2 platform are powered on
injective chain for smooth functioning i.e trade and transfer. The Injective Chain enables trustless liquidity sharing and also resolve conflicts in blocks through the
settlement logic .The protocol leverages VDFs for ensuring fair market transactions order via proof of elapsed time system. The injective Chain will serve as a
Decentralized trading execution system , it will power the derivatives market .
INJECTIVE EXCHANGE
Injective Exchange offers an open sourced trading platform which can be accessed by anyone without requiring their personal details .The Exchange is purely permissioless, thereby preventing entrance barrier associated to most of the Centralized exchanges . It is extremely scalable and the best ever exist Decentralized Exchange platform in the crypto space. Products such as CFDs , Future trading , Derivative trading and Cross chain trading system will be available on Injective DEX market .
CONCLUSION,
Injective offers wide varieties of trading services in a fully decentralized platform, without doubt Injective platform will be widely adopted by the masses in shortest time . Injective will engage in futures trading system and enable decentralized perpetual swaps, derivative trading and CDFs trading .Injective will take everyone to the future of trading so be part of the future.
Official Resources
Website:https://injectiveprotocol.com/
Whitepaper: https://docsend.com/view/zdj4n2d
Bitcointalk ANN:https://bitcointalk.org/index.php?topic=5256555
Github: https://github.com/InjectiveLabs
Twitter: https://www.twitter.com/@InjectiveLabs
Telegram : https://t.me/joininjective
Reddit : https://www.reddit.com/r/injective
Authors info
Bitcointalk username : adeleyefums
BTT profile : https://bitcointalk.org/index.php?action=profile;u=2694374
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