Hello! 👋🏻 Today we’ll tell you how exactly the Totem platform benefits businesses.
Totem Chain offers many business automation tools. Such as DPayment, DEX, DeFi, and other dApps options. As well as in-house developments such as TOTID, the decentralized identity tool, and the TOTS stablecoin protocol along with the TOTL liquidity protocol.
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How does the Totem platform benefit businesses?◾️
Additional profit under the TOTS stablecoin agreementHolders of aDai tokens can exchange them for other crypto assets and then increase the use of their assets by providing additional collateral for their aDai to other businesses using the TOT stablecoin protocol.
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Profiting from the TOTL liquidity protocolWith Totem, you have a module for calculating interest rates and users provide you with liquidity. Users can easily calculate their profits and the platform charges a percentage of transaction fees according to the usual Proof-of-Stake rules.
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Arbitrage from spreads of the decentralized exchange DEXThe Totem-based decentralized exchange will support fast and instant trading in multiple currencies and use an automatic market maker with a permanent feature (X * Y = Z). When the volume of exchange of one of them is the exchange rate, the price of that currency will rise sharply in relation to aDai.
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Arbitrage from placing liquidity spreadsUsers can exchange cryptoassets directly from staking assets using the TOTL liquidity protocol based on the ratio of cryptoassets to staking assets (e.g. A: B). Swap supports trading pairs between crypto assets and TOTL liquidity assets, there is an exchange ratio (e.g. A: C). If B and C are not equal, then there is room for arbitration.
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Profit from cross-chain asset tradingTotem will also have a platform for asset trading and margin trading. This is one of the use cases for aDai. Users will be able to transfer their aDai from the Totem network to the trading platform and exchange them for other assets, as well as earn on margin trading.
Learn more about Totem features and advantages here:
http://totprotocol.com