One picture to understand Ferrariswap
the first decentralized smart public chain that links DeFi and CeFi interconnection
01) Introduction to Ferrariswap
Ferrariswap is a decentralized smart public chain focusing on collaboration between DeFi (decentralized finance) and CeFi (centralized finance), providing a one-stop decentralized publishing platform for future developers.
Adopting Fer’s unique consensus algorithm, innovatively designed on-chain and off-chain data mapping mechanism, based on a new enhanced data structure of directed acyclic graph and hash network, combined with stable coins, lending platforms, derivatives, prediction markets, insurance, and payment Innovate in various decentralized finance such as platforms to create an open, transparent and safe new decentralized system;
Allow any user to issue their own digital assets on it and create their own digital asset trading pairs; allow financial institutions and traditional entrepreneurs to use the Ferrari smart chain for online decentralized lending agreement guarantees, and write financial lending data on the smart chain. Both parties create a unique two-sided market application
02) Ferrariswap technical advantages
Link CeFi and DeFi
A decentralized smart public chain linking DeFi and CeFi, low cost: Compared with the Ethereum public chain, it can effectively reduce operating costs and release new financial energy
Unique consensus mechanism, block generation in seconds:
The Fer’s unique consensus algorithm currently adopted by Ferrari deeply combines the original Proof of Authority (PoA) mechanism and Delegated Proof of Stake (DPoS). It supports the function of writing smart contracts. The block time in seconds can establish a high-speed infrastructure for the DeFi protocol.
Smart migration compatibility
Support smart contract writing function, compatible with the existing Ethereum virtual machine EVM (Ethereum Virtual Machine) and all applications and tools under its ecosystem, and realize the easy transfer of tokens between blockchains. Developers can implement the migration and deployment of Ethereum DApp.
Protocol network of multi-chain and multi-system integration
Different blockchains and systems can support different business systems, and collaborate through various Ferrari agreements. With a modular, pluggable, and flexibly expandable loosely coupled design architecture system, it supports the needs of different business fields and can be flexible Extend to various business applications
03) Ferrariswap ecological scene
Ferrariswap-blockchain digital bond
Offshore bonds based on the Ferrari smart chain and in the form of digital tokens will be traded in the form of securitization, that is, investors will purchase notes issued by a financial instrument, and the proceeds of financing will be deposited in the financial institution in the form of deposits for operation
Ferrariswap-commodity traceability
Use blockchain technology to track and record the circulation chain of tangible goods or intangible information, and register the quality information, logistics information, quality inspection information and other data of the goods or drugs on the blockchain without tampering, which will be for producers and sales Several parties such as consumers and consumers provide a trust connection mechanism.
Ferrariswap-cross-border transaction
This makes cross-border payment transactions transparent and information disclosure, which not only meets the needs of supervision, but also reshapes centralization. While the financial market is opening to the outside world, the use of blockchain to promote the standardized development of asset securitization is also more in line with the purpose of overall penetrating supervision
Ferrariswap-asset encryption management
The realization of the entire process chain of functional systems such as asset pool statistics, cutting, structural design, and duration management, not only allows the funder to have a penetrating understanding of the underlying assets, but also improves the efficiency of the entire transaction process. For example, in the asset sale and settlement link, the original daily settlement can be shortened to the second settlement, which greatly reduces the time for payment to the account.
04) Ferrariswap Token
Ferrari is the core of the Ferrariswap ecosystem;
The total number of Ferrari tokens is 1,728,000, and 100% of the tokens will be distributed to all participants in the community through mining;
FerrariSwap currently uses the same amm model as uniswap, and distributes a part of its transaction fees to holders of FerrariSwap tokens Ferrari. FerrariSwap provides liquidity providers with 0.25% of the transaction amount and the remaining 0.05% will be converted to Ferrar distribution. For Ferrar holders
Initially, 10 Ferrari (erc20) tokens will be generated per block, and then the number of coins will be halved every ten days or so. These tokens will be evenly distributed to each mortgagee supporting the fund pool. That is to say, the earlier you participate in FerrariSwap, the more Ferrari you will get. We aim to encourage early miners and participants who truly make outstanding contributions to FerrariSwap.
