TUBE2 (TUBE2)

TUBE2 (Ticker: TUBE2) is a token exchange protocol built on Smart Contracts, also known as decentralized finance (DeFi). As a decentralized trading platform built on the Ethereum network, TUBE2 allows users to link and utilize cryptocurrency wallets applicable to the Ethereum chain, such as MetaMask, imToken, Trust Wallet, Huobi Wallets, and more. One of the key features of TUBE2 is the elimination of third-party participation and order books in blockchain finance, achieved through the use of Smart Contracts to achieve financial decentralization and matching of orders.

Unlike centralized trading platforms that use order books, TUBE2 operates with a liquidity pool. The pool determines the exchange rates of tokens, meaning that price fluctuations are based on user transaction volume. Liquidity Providers play a crucial role in TUBE2 as they add liquidity to the platform. By depositing tokens proportionate to market exchange rates, Liquidity Providers ensure that the exchange basis of TUBE2 is entirely derived from their added liquidity. TUBE2 incentivizes Liquidity Providers by rewarding them proportionally according to the assets in the current reserve.

TUBE2 operates as an automatic Market-Making protocol, supported by a Constant Product formula and running on a non-upgradable Smart Contract system on the Ethereum blockchain. TUBE2 achieves decentralization, censorship resistance, and security through its decentralized nature. Any user can become a Liquidity Provider by depositing tokens in equal proportions and receiving rewards. The price curve principle of TUBE2 is simple: ensuring that more participants provide liquidity reduces slippage. The ecosystem of TUBE2 consists of Liquidity Providers, Traders, and Developers who contribute to the growth and development of the platform.