The catalyst for this improvement was the series of scams that we’ve seen pursuing DeFi throughout this year. Despite the fact that the media, as well as many respected companies, have penned many detailed warnings about how to spot scams - apparently it has not been enough to fend off the threat to this young and volatile sphere.
DeFi needs a big shield to protect users and companies from exposure to big risks. That’s why the SpaceSwap team offers another way for crypto holders to store funds - through automated diversification of stablecoins in their portfolios.
The SpaceSwap Index platform ecosystem
SpaceSwap Index is a platform for buying index tokens (sets of tokens) which lower the investment risks present in the crypto sphere. The platform will contain SpaceSwap and other company tokens, as well as users’ own tokens.
At the moment, there are 5 tokens presented on the platform:
- TrueUSD
- Synth sUSD
- Dai Stablecoin
- USD Coin
- Tether USD
You can find out the corresponding token price, its quantity per set, the current price allocation and the total price per set on the Index platform itself.
SpaceStableIndex (SSI) is a digital ERC-20 asset. It is practically a fully funded stablecoin portfolio. SSI automatically rebalances users’ crypto, applying whichever strategy the user chooses. For instance, if you want to trade your set of assets with a limited range, the Index will automatically rebalance your assets accordingly.
SpaceStableIndex (SSI) benefits
Saves time
SpaceStableIndex (SSI) offers automated rebalancing and round-the-clock monitoring of your funds. It’s a great opportunity for holders to save time so that they can concentrate on their main portfolio strategy.Lowers financial risks
Diversification of funds is a great way to lower the risk of losing funds. As soon as a component token’s price changes, the sets adjust their allocations. All you need to do is hold your set to realize all the benefits of your chosen strategy.Automates your strategy
No need to feel regret over missed opportunities. The system doesn’t make human mistakes. Hence, you can rest assured knowing that you have a full range of possible strategies in front of you.NB! Even now, the SpaceSwap team is working hard on the launch of this rebalancing service. At the moment, rebalancing is inactive.
How to buy SpaceStableIndex
Click on the ‘BUY’ button in the upper right corner.
Now choose the amount of USDT you want to spend on buying SSI.
Currently, the SSI price is around $1.
The development team has also implemented a ‘BUY & SELL' option on the site.
“It is essential for our team to not only implement new services that will help our users to increase their funds but also to offer global solutions like SSI. We always strive to be at the forefront of all the changes happening in the DeFi game and the Index platform is about to be one of the game-changers for lowering the risk of losing funds”- commented the team behind the project.
Open the MILK2-ETH pool on Uniswap and click on the ‘Trade’ button to buy MILK2 instantly.
For more information, check out GitHub or contact the SpaceSwap team:
https://spaceswap.app/
Telegram: t.me/SpaceSwap
Twitter: https://twitter.com/spaceswapdefi
Blog: https://blog.spaceswap.app/
Discord: https://discord.gg/r6RymJj
WeChat channel invitation via manager:
