LIQNET - EXCHANGE WITH THE UNIQUE LIQUIDITY POOLING TECHNOLOGY

anov996 (28)in #ethereum • 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.

LIQNET is a cryptoexchange, which allows to unite liquidity from different platforms and solve the problem of scattering of users, their trading requests, and orders, thus forming a unified order book with better market depth and better prices for private persons and legal entities from various jurisdictions.

By the end of the decade, global cryptocurrency trading found itself scattered among various platforms, which led to severe fragmentation of liquidity. The lower the liquidity, the lower the average volume of a trading position in comparison to stock and other classical markets. Moreover, in the moments of abrupt market movements, it can be insufficient even for trading low volumes of cryptocurrencies.

LIQNET's technologies aggregate requests into a single stream, so users can make transactions at the most favorable prices with a minimum spread. LEN creates an improved model that provides additional liquidity at the meeting point of supply and demand. As a result, LIQNET users work with a single order book, in which both orders of the clients of this exchange are presented, as well as retranslated orders from other sites.

The server side of the LIQNET platform is a private cloud, which consists of physical servers in several locations and client terminals. All of them have undergone lengthy and thorough testing in the field of security.

What makes the LIQNET exchange unique is the LEN (Liquidity Exchange Network) tool, which allows to collect and combine orders of our exchange's clients and orders from third-party platforms into a single order package and make them available for trading by all LIQNET's clients. The holders of the LENtokens get privileged terms.

Other advantages of LIQNET:

Desktop apps (own desktop app, MultiСharts, TradingView, and MT5); Fully functional mobile trading apps for Android and iOS;
An online-wallet project that provides the ability to exchange cryptocurrencies and fiat money by th epress of a button. Additionally, it has the easy cryptocurrency investment service with free and paid built-in strategies; Acquiring service for receiving payments in cryptocurrencies that provides sellers with many capabilities and protects from many risks.

Comparison of LIQNET with traditional exchange

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

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

Token Sale and ICO

The LIQNET project attracts investments by issuing its own LEN token and holding an Initial Coin Offering (ICO).
The emission of the token is limited and has zero inflation, it complies with the popular ERC20 standard, and is issued in partnership with ComoCapital,the author of the exclusive smart contract SmartEscrow™ that shows data on the process of the tokens distribution.
The target amount attracted during the ICO is from $20 to $50 million. The tokens can be purchased with Ethereum (ETH) ,Bitcoin (BTC), BitcoinCash (BCH),Zcash (ZEC),Litecoin (LTC),Ripple (XRP),or Waves.
Aſter registering an accou t, each new user receives a dedicated Ethereum wallet. All currencies are converted to Ethereum.Users exchange ETH to tokens by them selves and then transfer the min to wallets in the investor's personal accounts. Aſter the ICO,users can withdraw tokens from the wallet in the investor's personal accounts in to other wallets.

Depending o nthe size of collected investments,th etokens wil lbedistributed as follows:

93,56%— ICO investors
0,94%— private offering
2%— bounty campaign
3,5%— advisors

Token Information

Token : LEN
Price : 1 LEN = 1 USD
Platform : Ethereum
Type : ERC20
Accepting : ETH, BTC, LTC, BCH, ZEC,WAVES
Soft cap : 20 000 000 USD
Hard cap : 50 000 000 USD
Country : Singapore
Whitelist/KYC : KYC
Restricted areas : USA

Token Distribution

ROADMAP

2015-2016
Development of the trading core, elaboration of the detailed concept of the exchange. MVP has been upgraded to the service, beginning of the tests of the information security model at high continuous loads

2017
Development of a professional trading terminal, preparation for the launch of the project, the idea of an ICO

DECEMBER — 2017
The trading core that aggregates liquidity from at least three sources, a web-based trading platform.

JANUARY — 2018
Rework of the platform’s site

ICO JULY — 2018
Testing the core under high load, the number of sources of liquidity is greater than 10, the number of orders is more than 500 per second.

Q2-Q3 — 2018
Purchase of the MT5 license and its customization for our service.

Q3 — 2018
Connection of additional payment systems allowing you to replenish the balance from MC, Visa, Union Pay plastic cards, possibly, connection of PayPal and other payment systems.

Q3-Q4 — 2018
Launch of an online wallet with the investor’s personal account and the functions of receiving, storing, sending funds, automatic convertion.

Q4 — 2018
Improvement and bugfixing of the iOS and Android apps.

Q1 — 2019
Launch of the Internet acquiring service, actualization in the part of interaction with various cryptocurrencies on the current date.

Q2 — 2019
Launch of the merchant acquiring service.

Q2 — 2019
Start of the margin trading/shipment futures trading.

Q2 — 2019
Launch of the platform used to trade third-party tokens during ICOs (in a separate jurisdiction).