Taming And Managing The Financial Risks Of The 'Wild West'

Over the last few years, decentralised finance (DeFi) has skyrocketed in popularity and caught the attention of many; bridging the transition of users from Web2 to Web3.

According to research done by Swapsicle is a “for you by you” community-driven DEX on the Avalanche blockchain —but due to being interoperable in future— that is looking to give back to retail investors by offering a transparent, fully-doxxed team that is dedicated to bringing not just real utility, but far more utility than competitors in the space.

Screening

The team at Swapsicle has expressed their appreciation for people’s concern with regard to the risks that come with using a DEX, and thus, they propose to hold the solution to this anxiety. Swapsicle intends on screening projects that are looking to come on board and will not work with any questionable projects.

Feedback Loops

Furthermore, Swapsicle is dedicated to creating ecosystem partnerships with projects that list on the exchange in order to not only better serve the projects, but also protect the community’s best interest. The establishment of this customer service approach is exceptional!

Complete Team Transparency

The team at Swapsicle also intends on becoming completely accessible to the community. They are in no sense anonymous, and actively work in the field offering ready-to-meet, like-minded individuals. Based in London, the team operates like a traditional business and is committed to the long-term success of Swapsicle whilst being in direct contact with users.

Final Thoughts

Decentralised exchanges hold the keys to infinite opportunities to leverage the powers of DeFi even further to continue growing one’s pot of wealth. However, we must be mindful of what we get ourselves into and remember, “if it’s too good to be true, it’s likely too good to be true.” Projects such as Swapsicle are a great example of a DEX that is looking to do more than just create an exchange for traders and speculators alike to take advantage of the liquidity; it is an evergreen project looking to take its community to the next level by taking care of the community’s best interests. With its commitment to due diligence, transparency, and accessibility, Swapsicle is most definitely in the running to take over the DEX race as well as win over CEXs users.

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Written By: Daniel Beurthe