All the things you wanted to know about Bitcoin and the other cryptocurrencies

UpBots’ SuperBots Set to Revolutionize the DeFi Space with its Innovative & Advanced Concepts

0

UpBots is a revolutionary, all-in-one crypto trading platform designed to meet users’ trading needs through its single intuitive interface. SuperBots is an innovative DeFi platform created to bring the advanced features and tools of UpBots to the DeFi space. According to an industry report on DeFi published by Grand View Research, the decentralized finance market is projected to be worth over $231 billion by 2030, growing at a compound annual growth rate of 46% from 2023 to 2030.

With the projected DeFi market growth, there is going to be an influx of new players seeking to take advantage of the market size. The rise of products like SuperBots offers an exceptional trading opportunity that is open for all and is well-positioned to serve the growing market.

Overview of SuperBots

SuperBots is an offshoot of UpBots that provides cutting-edge DeFi services like automated trading, yield farming, and investment opportunities for users. By focusing on security, efficiency, and user empowerment, SuperBots helps users navigate the complex DeFi space.

As an automated trading Bot, SuperBots allows users to put their capital on autopilot and sit back to enjoy the returns. According to Neil Sisson, the Chief Marketing Officer (CMO) of UpBots, SuperBots will help users simplify their trading, hedge risk, and diversify their crypto investing. The platform adopts the fair fees system based on the “high water mark” approach. The implication is that SuperBots can only make a profit if the users are profitable. This one-of-a-kind DeFi platform extracts value from the market and not from the native token. All services on SuperBots are powered by highly secure and audited smart contracts.

Features of SuperBots

1.    The Vaults

They are the main feature of the SuperBots trading platform. The vault is designed to enable users to lock their capital in a pool while an algorithm trades the pool. One of the most fascinating things about the vault is that there are no deposit and withdrawal fees, unlike what is obtainable in most DeFi platforms. When you deposit your capital in a pool, you share the pool with other investors. All investors who have their money in the pool will receive a specified amount of MBXN token that guarantees their share in the pool. MBXN is the native and utility token that powers the UpBots ecosystem. The token is designed to be specific to a pool and your capital, making the value dynamic and not tradable on any decentralized exchange (DEX). 

2.   Super Vaults

The Super Vault is a more advanced form of the other vaults. The Super Vault automatically divides investors’ capital equally among the best 5 performing bots. This process will be rebalanced monthly based on the bot’s evaluation.  With this process, investors can diversify their investments among the best bots without having to worry about anything. Unlike the other vaults, you can only deposit USDC in the Super vaults. Once you have made your deposit of USDC, the Super Vault will automatically carry out a monthly rebalance among the top 5 performing vault bots of the previous month on SuperBots.

3.   Staking Pools

This feature of SuperBots allows you to stake MBXN tokens or LP-Pancake tokens on the interface to receive commensurate rewards.  Everything about the SuperBots staking process happens on the blockchain through smart contracts. The reward is shared among each block on the Binance smart Chain (BSC) and distributed to all staking participants. The annual percentage yield (APY) varies and depends on the total amount of MBXN tokens staked on the pools. You can stake on SuperBots and withdraw on UpBots, or vice versa.

Conclusion

SuperBots is unlike any other DeFi trading platform available in the market. As a super trading bot, it offers an array of opportunities for both seasoned and ‘young’ traders seeking a secure and seamless platform to trade. You can visit the official website for more information and learn about the opportunities SuperBots offers.

Leave A Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Articles