SMART FINANCE: A DeFi PROJECT WITH PERFECT FEATURES FOR THE FINANCIAL WORLD

in #blockchain4 years ago

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INTRODUCTION

The Financial world is vast, consisting of users some investors other traders or users of a product or another. They all combine to form the blockchain financial market and so they expect perfect services and other quality features. It is not just enough to be a participant in DeFi industry, it is good to have all you need and be able to take advantage of whatever is given or available on the DeFi system so as to find satisfaction in the trades or use of products in the community. To that end, Smart finance was created.

WHAT IS SMART FINANCE ?

This is a protocol created for financial platform to become stronger and able to accommodate more users. Smart finance has come with a lot of features to mend the gallops in the DeFi financial system so it should be considered a helpful platform. It has given the topmost priority to security. Securing the financial platform like anything else will help achieve its goal. The security of this platform will run based on smart contracts and will find its use publicly, allowing auditing to be done and improving all the services in the protocol in a very unique way. Blockchain experts will be involved in this as the smart contracts would be audited to make no room for mistakes. When security is emphasized on in this platform, the smart web app will be integrated into this protocol for users easy access and frequent interaction that will make them perform any services with just a simple click whenever they are in need of a service. So you can be sure that asides having all you do secured in this platform, it still gives you a higher level of accessibility which boost your confidence to perform any operation in the platform. As a DeFi system, smart finance is very fair and easy to use by the community of users. It will remain a fair governance project that would be in control of the affairs of the community as it leads a decentralized protocol.

This platform would give the entire control to the users or the community. It will be opened to the community, aiding faster services and transparency as they spend their time in it. This platform will provide so any benefit for independent users. This provision will come with the provision of the wallet for fundraising. The wallet will be made perfect for all kinds of tokens and also to perform all forms of transactions in the platform.

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ABOUT THE SMAT TOKEN

This token is responsible for governance in this platform. It will be used in the distribution of reward and to improve the value of the system. It will create certain values and will fully represent an ERC20 token, a standard token that can be used by all. The fact that it is complaint with the ethereum network will make it a resources that can be transferred or used to distribute values within the blockchain. It will also supports trading as a token made to serve that purpose and will always find its application in centralized platforms as well as on decentralized exchanges.
SMAT's use will be seen in different ways, its utilization however is in different ways, one of it is in governance. The token will enable users to create their own account on the platform and vote. The token will also represent a product which enables staking and has a lot of functionalities due to the strength it has and the way it helps to overcome the limitations in the use of currencies. The token will improve the usability of this platform especially to investors and traders in the blockchain.

SMAT will also done a basis for fee generation, for staking and mining of all kinds of cryptocurrencies, having operational fees and providing products which can be exchanged in the platform. This will make it a perfect token for performing trades, for lending of cryptocurrencies and for all forms of applications in this ecosystem and also on uniswap. When used, the platform will charge a 0.4% fee for trades and when the traders sell or buy orders.

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CONCLUSION

The accumulation of this fee in the platform will make it serve as an incentive which would be distributed and used as buybacks in the system, providing products and services. Other products and services will be used, their product fees will also be charged as they are used respectively. This platform will find quality use on the blockchain as it makes all users able to use SMAT and also exchange other products and services in the system. It will also flourish in the distribution of reward and in other concept, forming the best products and driving the best incentive community where all users will find it easy to interact and contribute greatly to the platform.

USEFUL LINKS
Website: https://smarts.finance/
Discord: https://discord.com/invite/rertF5a
Twitter: https://twitter.com/Smarts_finance
Medium: https://medium.com/@smartsfinance
Youtube: http://www.youtube.com/channel/UCp58Zt6o88nj9jH8tKtvzSw

AUTHOR'S DETAILS
Bitcointalk Username: Wrichmond
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2824482
P. O. A: https://bitcointalk.org/index.php?topic=5290318.msg55857594#msg55857594

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