One-stop DeFi ecosystem Spike Inu Goes Live on Coinmarketcap By BTC Peers

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One-stop DeFi ecosys­tem Spike Inu Goes Live on Coinmarketcap

Decen­tral­ized finance plat­form, Spike Inu, final­ly goes live on Coin­mar­ket­cap, short­ly after list­ing on Coingecko ear­ly this month. The project offers a one-stop ecosys­tem that includes DeFi apps, NFT mar­ket­places, and a mul­ti­chain wal­let. The plat­form also fea­tures a decen­tral­ized exchange, or DEX, that allows users to eas­i­ly swap ERC-20 tokens across mul­ti­ple blockchains.

Announced Thurs­day, Spike Inu is the lat­est project to gain a list­ing on two of the top data aggre­ga­tors — Coin­mar­ket­cap and Coingecko. The list­ing aims to help the project boost adop­tion and gain user engage­ment across cryp­to communities.

Spike Inu launched in May 2021 pro­vid­ing cryp­to users with new and trend­ing next-gen­er­a­tion appli­ca­tions in the DeFi space. The plat­form allows users to trade cryp­tocur­ren­cies across dif­fer­ent net­works with­out the need for inter­me­di­aries. Via its cross-chain plat­form, users can trade mul­ti­ple cryp­tocur­ren­cies on , , Fan­tom, BSC, NEAR Pro­to­col, Poly­gon, and oth­er blockchains. The plat­form main­tains secure, fast, and cheap trans­ac­tions across the blockchains.

Addi­tion­al­ly, Spike Inu also has a native token, Spike Token ($SPKI), an ERC20 meme token that pro­motes decen­tral­iza­tion on the plat­form. Hold­ers of the token also get spe­cif­ic rewards linked to the trans­ac­tions involv­ing decen­tral­ized wal­lets on the platform.

Spike Inu aims to rev­o­lu­tion­ize the DeFi ecosystem

As allud­ed to, Spike Inu is a one-stop shop for every­thing DeFi. The plat­form fea­tures its decen­tral­ized exchange, Spike DEX, which com­bines the val­ue of cen­tral­ized and decen­tral­ized archi­tec­tures to improve user expe­ri­ence and make the plat­form easy to use. The DEX employs a mul­ti­chain struc­ture allow­ing users to trade across Binance Smart Chain, Ethereum, , Poly­gon, Near Pro­to­col, and Fan­tom. This means users can swift­ly swap tokens on one plat­form with­out high gas costs incurred. Addi­tion­al­ly, the plat­form offers users high liq­uid­i­ty to trade high vol­umes and com­plete mul­ti­ple trades. In the future, Spike Inu plans to intro­duce decen­tral­ized lever­aged trad­ing with 20X lever­age for all platforms.

The plat­form also includes a decen­tral­ized NFT mar­ket­place allow­ing users to mint, buy, and sell non-fun­gi­ble tokens (NFTs) freely. Spike Inu’s NFT mar­ket­place aims to rev­o­lu­tion­ize the NFT ecosys­tem by allow­ing users to exchange NFTs for oth­er NFTs and cryp­to. Users can also use this avenue to trade their meta­verse prod­ucts. For new users in the space, Spike Inu intro­duced a spe­cial tool that helps users mint and cre­ate NFTs with­out the com­plex­i­ties of learn­ing how to code.

Spike Inu pro­vides non-cus­to­di­al ser­vices and requires users to con­nect their Meta­mask wal­lets to swap, stake, and earn from the plat­form. Users can also buy Spike Inu token ($SPKI), native to the plat­form, by con­nect­ing their wal­let and swap­ping with Ethereum (ETH) on .

Apart from diver­si­fi­ca­tion of prod­ucts and mul­ti­chain abil­i­ty, the plat­form has a strat­e­gy for rais­ing mon­ey for char­i­ty. It plans to max­i­mize on dif­fer­ent events such as auc­tions, mar­ket­place events, votes, and NFT cre­ativ­i­ty con­tents, and use that rev­enue for charity.

Final­ly, Spike Inu also includes a non-cus­to­di­al wal­let that fea­tures mul­ti­ple secu­ri­ty lay­ers and an intu­itive user inter­face to store, send, swap, buy and trade their cryp­tos effi­cient­ly. The wal­let is made with a high-secu­ri­ty mech­a­nism with bio­met­ric secu­ri­ty and a pri­vate key to secure users’ data. Addi­tion­al­ly, the wal­let allows users to direct­ly swap ERC20 tokens and DApp inte­gra­tion allow­ing users to par­tic­i­pate on any DeFi app.

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