HBS Generates Profits From JustSwap

A trading venue’s liquidity represents how easily a trader can use the platform to exchange one asset for another. If a trader sends a market order to buy or sell an asset and the venue can’t find enough buy or sell orders to complete the transaction at a reasonable price, the venue is likely struggling with low liquidity — and the trader is likely to take their future business elsewhere.

Liquidity is essential for success in crypto exchanges. Therefore, HBS shall position ourselves as a liquidity provider for DeFi tokens. It is worth noting that we are not placing our liquidity pool on any centralised exchange, but rather tap onto decentralised counterparts. More specifically, we shall initially put our resources onto Tron’s recently announced JustSwap. This new initiative from Tron enables TRC-20 token holders to exchange their crypto assets with near infinite liquidity, and us (as a liquidity provider) to earn trading fees. The fee is currently set as 0.3% of the transacting volume. We expect this to be a healthy source of revenue for our research and development activities, while at the same time we could contribute our bits to the development of DeFi ecosystems.