In 2022, the defi industry is growing at a significant rate, having already crossed the $40 billion mark in 2021. With the explosive popularity and rapid expansion of defi, investment firm Jefferies has raised its defi market capitalization forecast to more than $100 billion by 2025. Defi technology has a wide range of applications and has demonstrated its growth potential and availability in multiple industries.
Defi is suitable for a wide range of industries, from digital finance to cross-border payments to daily social life, all of which are areas where it can be developed. Day night came into being in this environment and decided to officially launch on Pancake Swap in the second quarter of 2022.
Pancake Swap is a very popular application on Binance Chain, a decentralized trading platform built on Binance Smart Chain, using automatic market maker mechanism to provide liquidity, is a well-known AMM field on Binance Smart Chain. At the same time, Pancake Swap is one of the most popular decentralized platforms in the DeFi space, with 80 million transactions in a month. The platform has received more than $17 billion in funding, and for Day Night, launching on Pancake Swap will greatly boost the development of its own platform.
The main functions of Day night are: smart contract trading, AMM
In order to resist the occurrence of giant whales and speculation, Day Night has subverted some changes in the AMM market mechanism, so that every true Defi enthusiast can volunteer to participate in the pool. The double contract economy DAY and the creation of NIT, solving the problem of every participant in community autonomy evangelism is not in vain, every loyal evangelist can share the big cake of the Defi industry.
Day night participants can also participate in the ecological construction of the defi ecology and enjoy the financial dividends of the digital age.
Early Day Night was a decentralized DeFi+Swap ecosystem with the addition of Farms (liquidity mining). Help users obtain the best quality and effective trading path, increase asset liquidity, complete liquidity migration, and bring higher annualized returns. With the emergence of the future digital social model led by the metacosm, the Day night team saw that the future of digital finance will not only be completed by an exchange, but also a financial ecosystem that will shoulder all kinds of consumption support under the global metaverse social scenario, so the Day night ecology will take Swap as the core and gradually derive the financial ecosystem of NFT, GameFi and DAO.
Day night’s digital tokens are combined with cutting-edge technologies from metaverses while reaping higher ecological value gains. The launch of Pancake Swap will also help to participate in the consensus Day night by contacting a larger group of crypto users, and recognize another ecological world in the field of defi!