A cryptocurrency exchange with the unique liquidity pooling technology

madrauf (9)in #cryptocurrency • 6 years ago

LIQNET is a cryptoexchange that aggregates liquidity from various platforms thus solving the problem of the splitting of users and their trading orders by forming a unified order book with the best market depth and prices.
LEN is a mechanism that allows you to collect and aggregate data on buy/sell requests through an API from a variety of cryptoexchanges located anywhere in the world and form a single order book.
LEN aggregates orders into a single stream, so users can make deals at the best prices with a minimum spread.
LEN allows the LIQNET system to obtain from the standard depth model an improved model with additional liquidity at the meeting point of supply and demand.
As a result, LIQNET users work with a single order book, in which both the orders of the clients of this exchange are presented, as well as retranslated orders from other sites.

LIQNET specifics

The LEN Mechanism (Liquidity Exchange Network)
LEN (Liquidity Exchange Network) is what makes our exchange unique. This mechanism allows collecting and aggregating buy/sell orders through APIs of 1,2...n exchanges located anywhere in the world and forming a unified order book.
Thus, orders are combined and users can now make deals with best prices and minimal spread.
As a result, our users get access to the single order book, in which they see both the orders of our exchange and orders relayed from other platforms. Due to the platform aggregating sufficient amount of liquidity of various tools, it is planned to implement trading of deliverable futures and options for those that have the highest liquidity.
LEN allows the LIQNET system to get an improved model from the standard model of market depth that offers added liquidity at the intersection of supply and demand
ICO with a finished product
https://liqnet.com/ — test our product right now
The trading is accessed through a unique professional web terminal that comprises:
• A graph with a multitude of tools for technical analysis
• All types of orders and their execution policies
• Tools for scalping trading, marketmaking, etc.
The finished product already contains the core with the LEN technology Q2 — Q3 2018 Connection of MetaTrader 5 and its customization for our service
High level of security
The security of the server side has been thoroughly tested.
LIQNET VS TRADITIONAL EXCHANGE
LIQNET
• Ability to execute a big order at the best price (large market depth)
• Minimal spreads
• Ability to trade large volumes without the risk of shifting the market
• Best prices, minimal spreads, and the biggest volumes all in one place
TRADITIONAL EXCHANGE
• Minimal volumes at the best price
• Larger spread
• When trading large volumes, there’s a chance to shift the prices on a particular platform
• The need to monitor several platforms
•
Benefits of the token holders:
On the growing cryptocurrency market, our ICO may be one of the few options for investors to enter the cryptocurrency services and exchanges market through a finished elaborated project.
NAME LEN
NUMBER OF TOKENS 63 746 032 LEN tokens
TOKEN PRICE 1 LEN = $1

The token allows to:
Tokens accepted as a payment for the fees discounts and bought out by the platform to avoid excess demand will be destroyed and won't participate in voting.
• Purchase a discount on fees: one token gives a 0,5% discount on the sum of fees for one day. The discount if activated for 24 hours in the personal account immediately after the withdrawal of tokens or at a particular time. Increment size is 0,5%, the highest possible discount is 90%. The timing of the discount can be chosen in the personal account.
• Get access to the voting service to make decisions on the following matters:
o Choice of the trading pairs offered at the exchange: at first, one or two pairs will be available in the system, the token holders choose the first 20 pairs that will be added to the system after the ICO;
o Choice of the ways of spending 50% of attracted funds;
 Choice of trading pairs to be added in the future in addition to the pairs that will be added by the LIQNET developers;
 Increase of the exchange’s marketing budget;
 Increase of deposits on other exchanges to provide better liquidity for the LIQNET platform;
 Choice of additional sources of liquidity for LIQNET in addition to the ones added by the LIQNET developers;
 Buy-out of the tokens on our platform at current prices to support the demand for them thus evading low price token sales and, therefore, the access of users to ultra-high discounts in large volumes, which can lead to a drastic decrease of the volume of the exchange’s fees.

Strategy if insufficient funds are raised at the ICO
• Soft cap — $20 million. Hard cap — $50 million.
• If 95% of Hard cap is collected, the development of the acquiring service will be postponed until the moment when the necessary funds are earned on the commissions of the exchange.
• If 90% of Hard cap is collected, the development of online wallet will also be postponed until the moment the necessary funds on the commissions of the exchange are earned.
• If 40-90% of Hard cap is collected, the working capital will be proportionally reduced from 65% to 50%, while the proportion of other RM items will be proportionally increased.

Distribution of the investments
LIQNET's specialists are interested in creating the most profitable product, effectively using all the resources. Of particular importance is the development of a financial strategy and openness to investors. This schedule reflects the distribution of funds from ICO investors and is fair for fees of one hundred and more percent of Soft cap:

Circulating capital, because to supply the execution of orders, assets must be placed on platforms that generate liquidity. 65%
Registration of subsidiaries to have access to cryptocurrency platforms in closed jurisdictions. 5%
Connection of currency gateways. 0,5%
Connection of additional payment systems that allow to accept payments made with MasterCard, Visa, and Union Pay. It is also possible to add PayPal and other similar systems. 3%
Equipment — purchase of spaces in data centers, equipment, and required software and subscription to its technical support, visits of the company's specialists to data centers to set up the systems safely. 2%
Connection and customization of professional trading apps — own desktop app, MultiCharts, МТ4, МТ5, and others. 2%
iOS and Android apps with a full personal account and with extensive trading capabilities. 1%
Online wallet with the ability to exchange cryptocurrencies and fiat money with a push of a button and with the integration of the simplified service of cryptocurrency investing using paid and free built-in strategies, development of mobile apps. 5%
Acquiring service — development, connection of maps, improvement of the payments receiving app, payment terminal, etc., development of iOS and Android acquiring apps (the app is installed on a smartphone, it can scan QR codes and allows to accept payments for goods and services in cryptocurrencies). 5%
Team expansion. 4%
Participation of the team in international conferences on specific subjects (fintech, the blockchain, Bitcoin, information security, engineering development). 0,5%
Improvement of speed, quality control, and information security of development processes of existing and additional components of the service by purchasing products of third-party companies, hiring design studios and testing teams. 2%
Marketing and advertising — to reach target audiences, widen the presence and increase popularity in various regions, study regional specifics, get formal independent assessments of trust for and stability of the company. 5%
Total: 100%