Introducing Alium.Finance

AliumFinance
3 min readMar 1, 2021

The first MultiChain AMM DEX with NFTs

Alium was born at a time when the importance of Defi and NFT became apparent to many people. For a long time, we have been observing market trends, their birth, formation, and development. Despite the Ethereum blockchain being the cradle of DeFi, the time has come when fees have become too high for anyone to use ETH-powered decentralized exchanges like Uniswap.

At the same time, the number of people who would like to become part of the new cryptocurrency world has continued to grow.

AliumSwap Innovation

Our answer to the needs of the DeFi market is the first AMM DEX multi-chain, which starts on the Binance Smart Chain blockchain (BSC). BSC is very similar in its user properties to Ethereum, but the fees are currently hundreds of times lower. Despite the popularity of the BSC-only solution, we believe that the user should get more opportunities to fulfill his or her needs, so we propose a solution based on working in any of the popular blockchains with one interface by switching between networks instead of picking a single blockchain and sticking to it.

In addition to the fact that AMM DEX Alium (AliumSwap) allows users to reduce the commission costs, we have improved and added some features that are not available on other exchanges on Binance Smart Chain.

For example, we allow the users to create any trading pair on their own without unnecessary coordination with the exchange support.

For the very first release, we have prepared the option of liquidity migration from other BSC exchanges. And this is just the beginning!

Balanced Tokenomics via Initial NFT Offering

We pay great attention to the Alium token economic model and strive to make it resilient to fluctuations using a distribution model that we call Initial NFT Offering. We are confident that this will provide an opportunity to reduce the volatility of the token value, despite the potential high demand for the Alium token.

NFT is a new milestone in the development of DeFi and the blockchain in general, so we pay great attention to the development of this direction. The main feature of our approach is the so-called NFT 2.0, which not only acts as collectible cards or tokens but can also be used in various applications as an object of interaction.

All our Smart Farming Pools are built on this principle and users with NFT cards will have the opportunity to increase their profit in farming through NFT cards.

Partnerships are the key

Additionally, we have established partnerships with large blockchain projects to provide the best user experience for our users. After the first beta release in mid-March, we will start developing a solution on the Huobi Eco Chain blockchain.

Thanks to everyone who believes in us! It is our top priority to make a project that will help the modern DeFi world become even stronger by allowing users of our DEX to trade any coin on any network without any restrictions.

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AliumFinance

DeFi and NFT Ecosystem with AliumSwap Decentralized AMM Exchange with multi-blockchain option and NFT’s #blockchain #NFT #DeFi #cryptocurrency