EDX | Robust & Unique DeFi Platform
DeFi or Decentralized Finance is a new concept that introduces a new financial ecosystem that lives digitally on a new, transparent and shared infrastructure. As we know the traditional system of financial services currently provides various options such as Borrowing, Lending, Staking, Investing, Saving, etc but DeFi is a new unique Ecosystem concept which operates on a public network, This means that DeFi can be accessed by anyone who has an internet connection with any Device wherever they are different. DeFi is developed through various combinations of technologies and protocols that are used to achieve the goals of a decentralized ecosystem. The system is a decentralized system that can consist of various mixtures of open source technologies, software and blockchain, this creates a new innovation, namely smart contracts that automate various processes of agreement requirements between buyers or sellers or lenders and borrowers enabling this financial product to be more transparent. . DeFi is designed to eliminate intermediaries between parties transacting in the financial system and EDX is one of the ecosystems that offers a new financial system.
What is EDX Ecosystem?
Education Exchange is a decentralized exchange ecosystem that runs on a flexible blockchain technology and runs on the Binance Smart Chain which gives users complete control over financial matters. Each user can perform various financial activities by interacting through the EDX Ecosystem which is carried out mechanically using a multi-functional algorithm on a platform designed in the ecosystem. Education Exchange provides a new platform that allows users to carry out various decentralized economic transaction processes such as Lending, Staking, Lottery, Farming, Governance, etc. And various other features that will come and are being developed to be integrated in the future, EDX Ecosystem aims to continue to develop new products and opportunities through renewable Blockchain Technology. This creates a new ecosystem that provides maximum decentralization potential to its users with more effective and innovative Decentralized Financial Innovation.
Initially there will be several main features contained on the platform, one of which is AMM (Automated Market Maker) which gives its users the option to transact effectively and efficiently. Apart from that, there is also a tantalizing staking option with APY with various pool options in the system. and the Lottery which allows its users to be able to play and bet for the numbers they choose on a fair basis. The mechanism offered by EDX is also quite attractive by ensuring that inflation is not too large by providing fixed bonuses through BNB, creating liquidity for a more profitable market. Their platform also has various tiers in the Lottery system that allows each user to join, starting from the lowest value to the highest.
What is EDX Token?
EDX Token is an native currency that will be used in the Education Exchange ecosystem, this token is used for various transaction processes in the ecosystem and its main function is governance in the ecosystem structure which allows its users to use various features such as lottery or staking in the EDX ecosystem to the fullest. EDX Token Holders also get various other benefits such as Lower Fees, Staking, Lottery, Governance, etc. This token is designed to act as a multi-functional tool using the Binance Smart Chain which is more efficient, cheaper and faster than the Ethereum Network. This token is an important part of this ecosystem and its demand will continue to grow over time.
Tokenomics
Conclusion
DeFi or Decentralized Finance Ecosystem created by EDX Team is very unique and powerful, their Ecosystem contain an robust platform that offers a variety of conveniences features in one place. EDX also allows everyone to be able to enter the DeFi market without having to go through a complicated step with more Efficient & Easy to Use User Interface, they also offering an unique Business Concepts by offering long-term Planning which making it more reliable and profitable, Beside that their platforms use a strong framework & algorithm where they ensure the security and transparency of every transaction process in the EDX ecosystem. Last thing which make it more better that they are using Binance Smart Chain, Making it more Faster & Efficient. I personally recommend to become part of this great project!
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Authored By Pedobear a.k.a Dhemas putra/dhemasm(Bitcointalk)
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