Dego.Finance: Opening New Frontiers For An Efficient & Transparent Decentralized Finance Ecosystem

in #blockchain4 years ago (edited)

About Dego:

Graphic2.JPG

Holistically taking inventory of the challenges inherent in the global financial system, particularly issues associated with the decentralized financial horizon, Dego was conceptualized to bring about efficiency, entrench confidence and bring about a solution and result oriented imperative in the decentralized finance (Defi) space.
DEGO embraces a particular blend of plan and ideology. For Dego it is about modularity where a blend of a diverse collection of components of an item is used to shape a subsystem with inherent fundamental functionalities.
The developers of the Dego infrastructure is focused on consolidating this subsystem as a kind of globally renowned module with different other modules, in a bid to create another framework that has the capacity to operate and execute functions seamlessly.
The system has been modelled in such a way that every item can be viewed as a module. After a mix of various modules, another item comes out, in this way, it has been able to accomplish the expected impact
To make you understand the import of this revolutionary and fascinating project, it is fashioned in semblance to Lego. Invariably, LEGO blocks are the best model and motivation for those modules. Each block is plain and common, yet it produces unlimited prospects when assembling.

The Dego Lego Connect:

Screenshot_2020-09-14 DEGO(1).png

Like we have mentioned earlier, this project is a semblance of the exciting Lego game, so it is like the DEGO equivalents to LEGO in the DeFi world.
Basically, to have a fair knowledge about the working dynamics, every DeFi protocol as a block could basically turn out, insurance as in Nexus Mutual, a stable coin as attainable in (DAI), DEX exchanges as can be seen in Uniswap and Balancer, flash Loans in the likes of Aave, Compound, and of course Derivatives in the mould of Synthetix. The system has been well orchestrated in such a way that within the confines of these masked protocols, Dego developers will fabricate another dapp which will widely upgrade the value and fundamental operations of the DeFi. In other words, it will also broaden its prospects of investment portfolios and spawn up monumental strings of financial returns for clients, and gradually set a template for the way we transact and carry out services related to financial administrations.

The Dynamics Of Dego Operational Ideology

Screenshot_2020-09-14 DEGO.png

Taking a cursory look at the DEGO vastly experienced team, it is apparent they come from different backgrounds and cultures globally. According to infographics made available, the core fundamental interests, values and vision are what unite them together to form a unique top-notch and stable team. Basically, in a bid to realize the full clarity and transparency of the initial decision making of the project, they will select 5 internal representatives based on the current team composition to decide on the initial study of the DEGO protocol.
In other words, they will set the Management permissions of each contract as a multi-signature wallet and make Adjustments and decisions with a 3/5 decision-making mechanism. Initial earnings will also be collected by the founding team into this multi-signature wallet to achieve the governance goal.
After a certain period of time from the normal operation of the project, the community identifies co-owners of the multi-signature wallet through the bid and voting mechanism. DEGO DAO is designed to be managed openly and transparently by community members. The community can vote on recommendations to change system parameters and align the individual's desire for profit with the protocol's best interests. With the DEGO Protocol, it is obviously possible to achieve a more decentralized and sustainable liquidity mining ecosystem.

The Token Distribution:
The Dego team has uniquely set aside the following below:
Pre Sale - Dego Token -21 Million
2,100,000 September 14th 2000
Uniswap Dego - 875,000
Mining: Dego 8,400, 000
Dego Reserved: 8,400,000
Dego DAO -1225,000 Dego
Airdrop -210,000 Dego

For further information, do peruse the links below:

Website: https://dego.finance/home
Telegram: https://t.me/dego_finance
Twitter: https://twitter.com/Dego_Fi
Medium: https://medium.com@Dego.finance
Github: https://github.com/dego-labs
Discord: https://discord.com/invite/xJjSJrd

Bitcointalk Username: TheICE007
Profile link: https://bitcointalk.org/index.php?action=profile;u=264068

Proof of Authentication: https://bitcointalk.org/index.php?topic=5272474.msg55206082#msg55206082

Coin Marketplace

STEEM 0.20
TRX 0.12
JST 0.028
BTC 64083.97
ETH 3475.50
USDT 1.00
SBD 2.54