Liquidity Challenge

HBS Platform
Oct 19, 2020

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As with the ICO boom, we are witnessing an ever increasing number of crypto assets or tokens being issued in the name of DeFi. It is an unfortunate fact that a number of these tokens are not backed with realistic use cases, and carefully planned financing models. Once the hype has come to pass, liquidity and insolvency issues will start to emerge. Thus, in order for a DeFi service or project to come to lasting fruition, its token or otherwise issued crypto assets need to remain liquidable regardless of market cycles.

It is noteworthy that addressing the issue is one of HBS pillars. We shall position ourselves as a liquidity provider for decentralised exchanges, particularly Tron’s JustSwap. This new initiative from Tron enables TRC-20 holders to exchange their crypto assets with near infinite liquidity, and us (as a liquidity provider) to earn trading fees. It is expected to be a healthy source of revenue for our research and development activities.

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HBS Platform
HBS Platform

Written by HBS Platform

Hybrid Blockchain Solution (HBS) is a decentralized finance platform operating on the TRON blockchain.

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