RadioShack is a decentralized cryptocurrency exchange that emerged from a more than 100-year-old electrical goods brand. By using its one-of-a-kind Starfish Topology, the RadioShack Swap is taking a novel way to meet the need for liquidity.
With this technique, RadioShack crypto exchange plans to dramatically decrease the diameter of the graph of swappable tokens in order to address the liquidity issue and enhance the amount of liquidity available for each pair. This will be accomplished by using a single large-degree node, which will be the RADIO node. In essence, the Starfish Topology is characterized by the coupling of one big node with all swappable pairs.
There is no requirement for KYC verification on RadioShack. Besides, apart from accessing the platform through the web, it also offers a mobile application.
Besides, note that the exchange is based on more than one chain, one of which is Polygon.
Markets
There is no such thing as RadioShack (Polygon) spot market, nor there are possibilities of margin, leveraged, and perpetual trading. Instead, RadioShack (Polygon) crypto exchange allows users to swap cryptocurrencies through liquidity pools. There are over 50 RadioShack (Polygon) trading pairs. Besides, note that RadioShack is a crypt-crypto exchange only. To see the current RadioShack (Polygon) trade volume, take a look above.
RADIO is the native coin of the RadioShack system. Primarily, RADIO tokens are used in the Starfish Topology where RADIO token nodes are the main part of the system. Besides that, RADIO tokens can be paired with other tokens to supply liquidity to RadioShack (Polygon) cryptocurrency exchange liquidity pools. Additionally, RadioShack tokens are used to cover swapping fees. Check out the current RadioShack crypto price here.
RadioShack exchange fees have been standardized at 0.1% for each swap. However, collateral tokens like BUILD have a RadioShack crypto fee of 1% that burns the collateral token whenever it is used.
Other Services
Even though the company shifted its focus to the crypto world, the RadioShack online and physical stores are still functional and allow users to purchase various electrical devices, batteries, tools, and much more.
Besides that, by partnering with The Franklin Mint and Modell’s Sporting Goods, RadioShack released an NFT collection that features 74 unique items.
About the Company
The history of the Radioshack cryptocurrency exchange is unusual, at least in comparison to other cryptocurrencies. In 1921, RadioShack was founded in the United States as a retail store for electrical items. It was acquired by the Tandy company in the early 1960s, and, as a result, it started to appear in towns and cities all across the country. Even so, Tandy Electronics was the name often used in other cities. Unfortunately, in the end, the company was unable to keep up with the changes as internet merchants began to dominate the industry, and, in 2015, they filed for bankruptcy.
However, in 2021 it was declared that RadioShack has been "reincarnated" as a cryptocurrency platform. This marked the beginning of a new era for the company.
