The popularity of the DEX market has made many people see the high value in this field. In particular, the hot market brought by the DEX platform and led by Uniswap has caused many people to misunderstand that there are only a few platforms in the DEX market. Some people realize that there are many DEX platforms, but only these two platforms can be trusted and can bring values. For emerging platforms such as NGKEX, they are niche platforms that cannot bring high profits. In fact, this is a misunderstanding.
In fact, the best way to understand the truth of NGKEX is to use the NGK blockchain as an entry point. Compared with NGKEX, the influence of the NGK blockchain may be greater. This is because the NGK blockchain has strong financial strength and top technology, it has successfully gained many supporters. The Baccarat, Calling Hippo, and the NGK computing power Starry Sky project created by NGK blockchain are very successful and have been recognized by many users. Therefore, although the NGKEX is newly launched by the NGK blockchain, it has also won some reputation in the DEX or the blockchain market.
However, having a reputation does not mean that everyone knows it, nor does it mean that everyone will not misunderstand it. This is not surprising, because there are many DEX platforms on the market, I believe that even the early DEX platforms such as Uniswap and SushiSwap are not completely known and understood by players.
For those players who do not fully understand NGKEX, you can learn it now.
In fact, since its launch, the NGKEX has been underestimated in terms of its transaction volume, liquidity, or product structure. In fact, according to the latest official data released by NGK, the NGKEX ranks high in the DEX field both in terms of trading volume and liquidity.
First, in terms of transaction speed, the NGKEX adopts graphene technology. The block generation speed is only 3 seconds, and the TPS can reach about 12,038 transactions/sec, which leaves Bitcoin and Ethereum far behind.
Secondly, in terms of platform stability, the NGKEX combines IPFS, which can compress a large amount of data in fragments, thereby saving the data storage space. Therefore, when large-scale transactions are generated on the NGKEX, the platform is very stable, and it will not cause issues such as network congestion or stalling.
Furthermore, in terms of gas cost, most platforms in the DEX field are built based on the Ethereum protocol. The high gas cost raises the entry threshold for ecological builders. While NGKEX is built based on the bottom technology of the NGK blockchain. It has lower gas fee, and it is more suitable for ecological builders to trade.
Finally, in terms of slippage, although under normal circumstances, it is common for platform to have slippage affected by the big market, the slippage is bound to bring losses to ecological builders. With that, the NGKEX has made technological improvements to avoid the risk of slippage. When the big market comes, the NGKEX can effectively avoid slippage, and it can even reach zero slippage and positive slippage in some occasion. When the platform has a positive slippage, the NGKEX will return the price difference to the ecological builders, which serves as an additional income for them.
Therefore, based on the above, we can see that NGKEX has many advantages. Moreover, as the popularity of NGKEX increases in the future, more ecological builders will join in. By then, NGKEX may become the strongest competitor in the DEX field.
