MOBI, a new type of decentralized transaction platform with efficiency and transparency
Transaction is the underlying demand in the financial world. The booming crypto-currencies and emerging Defi represent novel ways to meet this demand. Besides having centralized transaction platform guaranteed by third parties, DEX, which relies solely on algorithm and smart contracts, could also meet our transaction demand.
The transaction volume on decentralized transaction platforms has steadily increased since 2020. However, there is still a big gap between its total volume and that on the centralized transaction platforms. This is mainly because there are still various problems existing in DEXs at present, such as insufficient capabilities and unguaranteed wallet safety.In a decentralized trading platform, transactions are carried out on the chain. Even if the on-chain transactions are not congested, on-chain matchmaking and miners’ packing confirmation will inevitably lead to transaction delay. In addition, in the anonymous and decentralized world, the fear of asset security is also the reason why many people don’t want to participate in transactions on the decentralized trading platform. Many teams have tried to solve these problems with a variety of solutions.
As a new type of decentralized transaction platform, MOBI integrates the advantages of centralized and decentralized transaction platforms, guaranteeing transparency and earnings while ensuring high liquidity and safety. By improving the trust mechanism and smart contracts, MOBI enhances the transaction efficiency on the basis of fair and transparent transaction process. Adhering to fair distribution mechanism as its core, MOBI aims to provide varied, reliable transaction services for investors to enjoy the fortune brought by blockchain technologies.
Transaction experience way beyond that of current DEXs achieved by technologies and product innovations
l Enhanced DEX performance based on layer-2 and improved trust mechanism
Based on Layer 2 network of Ethereum, MOBI enjoys high performance and low GAS fees, and reduces unnecessary time and capital cost during the transaction, thereby greatly enhancing user experience.
Meanwhile, by introducing Orderbook model in DEX, the TPS of matchmaking engine of improved DPOS trust mechanism based on AI algorithm could reach 2 million, and the GAS fee for a single transaction could be reduced to 1 cent in USD, way ahead of swap under AMM model.
l Users’ capital safety guaranteed by strong technologies and insurance product mechanism
The development team of MOBI has rich experience in developing decentralized transaction platform, and has been working to enhance capital safety, transaction speed and operational convenience. So far, the MOBI product has accumulated a development period of one year and more than 100,000 lines of code, which have all undergone rigorous auditing and testing.
Users’ asset safety is guaranteed on the MOBI transaction platform, as they log in with private keys, their assets are stored in their decentralized wallets without being touched by MOBI, and they log into their wallets to sign and confirm as a way to conduct transactions.
Moreover, MOBI is the first DEX that has insurance product mechanism in the world. Users could buy mobi insurance to gain insurance proceeds and hedge transaction losses. It is the transaction platform of first choice in bear market to guarantee asset safety.
l All transaction activities are transparent to avoid wrongdoing
In the DEX of MOBI, all activities, including buying in, selling out, being listed and etc. are executed automatically by smart contracts and could be checked in real time on the blockchain browser. It completely uproots “transaction black box”, and avoids such human factors as downtime due to crowded transactions, irregular prices and big price movements, making the transaction process more transparent.
DAO voting model is employed in the project listing, i.e. the project team must hold certain amount of MOBI platform coins in order to initiate a listing vote, and the project could only be listed successfully by obtaining more than 51% community votes. It guarantees the communitization of the public listing process of assets.
l Energizing users with the mechanism of “transaction means mining” and the “model of token pair”
In order to better energize ecological participants, MOBI employs the incentive mechanism of “transaction means mining” to enable users to gain both interest margin and MOBI bonus coins in transactions. By establishing the model of token pair consisting of bonus coins and circulating coins, it rewards users with platform bonus in the platform participation and governance.
The token pair includes the bonus coin MOBI Token and the circulating coin MBPO. MOBI Token is the Proof of Stake of MOBI transaction platform, whose algorithm model is based on BTC algorithm and whose total circulation is 21 million, halving in every 4 years without any new issuance. MOBI will share 90% of the platform transactions fees with all MOBI bonus coins holders. Holding MOBI means users own certain percentage of bonus in the bonus pool, and could obtain corresponding percentage of bonus (in the form of USDT) by destroying MOBI. This also enables MOBI to realize its deflation mechanism. Meanwhile, MOBI Token is also the proof of rights of MOBI community, endowing MOBI holders with such qualifications as communication business voting and team election.
The bonus coin MOBI could only be obtained by transactional mining with a fixed daily increment, which will be shared by all transaction participants. MBPO is the circulating coin of MOBI. Users could exchange their MOBI to MBPO with a rate of 1:1 to conduct transactions in the secondary market. 90% platform transactions fees will underpin the value of the platform coin MOBI and MBPO, and the deflation mechanism of MOBI will also promote the price rise of MOBI.
As an enabler, MOBI platform endeavors to develop the MOBI community into an autonomous community with maximum ecological interest. Such deflation mechanism could energize the community users, and guarantee the price rise of MOBI and MBPO.
By introducing Orderbook model in DEX, MOBI improves user experience, at the same time, it also has higher requirements on transaction depth. The bonus coin of MOBI platform employs the mechanism of “transaction means mining”, which could mobilize investors to actively contribute to the volume of transactions.
Therefore, MOBI is very friendly to quantitative teams that are contributors of transactions, in which contributors could obtain the bonus coins by mining, and the quantitative team could maintain the depth of liquidity, offering a better transaction environment to achieve a multi-win situation.
The product innovation and economic model of MOBI supplement the current insufficiencies of decentralized transaction platforms, guaranteeing asset safety while greatly enhancing the transaction experience and efficiency. With the token pair model and DAO governance model, MOBI energizes users and achieves decentralized governance. As decentralized finance is gradually accepted by more and more people, MOBI, which perfectly integrates the advantages of centralized transactions and decentralized transactions, merits our expectation.