Summary:

Decentralized Finance is full of technical barriers for Newbies, but Fly.trade breaks this barrier with a simple and intuitive interface along with powerful cross-chain aggregation features. With just a few steps, users can easily complete cross-chain asset exchanges and also earn rewards and governance rights through FLY tokens, making it one of the best choices to enter the world of Decentralized Finance.

For newbies who are just getting into Decentralized Finance (DeFi), the biggest challenge may not be understanding the yield mechanism, but rather completing a “seemingly simple” cross-chain transaction. You need to find a supported DEX, bridge assets, pay gas, repeatedly confirm wallet signatures… This whole process can often be daunting.

The mission of Fly.trade is to compress all these complex processes into “one click.”

DeFi makes Newbies “give up”? Fly.trade steps in to solve the problem

In the current multi-chain ecosystem, DeFi applications are decentralized, interfaces are not unified, and each chain has different wallet and gas token requirements. For newbies, the learning cost is high, and any mistake at each step could result in asset loss.

Fly.trade unifies multi-chain interactions on a single platform through Chain Abstraction technology. Users do not need to understand the technical details; they only need to select two assets to complete a cross-chain exchange.

How does Fly.trade achieve “zero-threshold” cross-chain operations?

• No bridging required: There is no need to open multiple DApps to bridge assets, Fly.trade handles it automatically.
• Automatic path selection: The smart router will choose the cheapest and safest cross-chain method.
• Gas Automatic Handling: The system will automatically consider the gas consumption path to minimize costs to the greatest extent.
• One-click trading: No need to manually search for liquidity or calculate exchange paths, it’s done in one step.

What advanced features are there besides trading?

• Aggregate Yield: Future versions will support one-click participation in staking, lending, and yield farming.
• NFT cross-chain purchase: Users can purchase NFTs on other chains using any token.
• Professional trader support: Low-latency architecture suitable for market makers and quantitative teams.
• Open API: Wallets and DApps can achieve better pricing and execution by integrating with the Fly interface.

Detailed Explanation of FLY Token Mechanism

The governance token of Fly.trade is FLY, and its token economic model adopts an innovative version of the ve(3,3) model, with main advantages including:

• xFLY: Lock up FLY to gain voting rights, which can be used to control incentive distribution and participate in governance.
• FLY33: A “passive participation” method without locking up assets, suitable for regular coin holders to earn rewards.
• Trading rebates: Traders will receive actual benefits such as fee refunds and low slippage subsidies.
• Deflation mechanism: Quickly exiting will burn 50% of FLY, effectively controlling the circulation.

Summary: The best starting point for DeFi newbies

If you have ever given up on Decentralized Finance due to complicated operations, high slippage, or bridge failures, then Fly.trade will be the starting point for you to regain confidence. It not only simplifies the trading process but also minimizes trading costs and risks. As Fly.trade’s features continue to expand, its importance in the multi-chain DeFi world will also continue to rise.