Recently, on May 3, 2022, Binance published a notice to users about upgrading the Binance Liquid Swap system. It is expected that this upgrade will last 30 minutes from 06:30 AM to 07:00 AM (UTC) on May 6, 2022. This process can disrupt swaps on Swap Farming and can add or type of liquidity in tanks. However, Binance insists that the user’s money in the accounts will be absolutely safe and that all features will return to normal after the upgrade process is complete.
Binance’s announcement of the upgradeBinance also emphasized that investors need to conduct transactions with caution, and that they will not be responsible for trading losses. This is the next upgrade after two upgrades that took place on October 19, 2021 and December 29, 2021.
Binance Liquid SwapIn September 2020, Binance launched Binance Liquid Swap. It is a liquidity pool platform that allows investors to trade cryptocurrency products in the decentralized financial market (DeFi). That is, investors can trade tokens from pools and receive accumulated profits immediately. It is recognized as the leading liquidity pool platform in terms of user base thanks to its approach and investor-centric orientation in the product development process. So far, the platform has opened 97 liquidity pools so investors can accumulate more cryptocurrencies than other projects.
