Paxo Finance - Decentralized Investment Lending Protocol

in #crypto2 years ago

Hello everyone... Here I will inform you by writing a review to introduce a very unique new project called PAXO, so for that, have a look at the article I created below to give you a very good overview of the project, then What benefits do they provide to everyone? Let's go straight to the discussion below.

Introduction

We believe there is still a lot of room for improvement in the current DeFi lending space. Most of the popular DeFi lending protocols, including those like Aave and Compound, opt for an over-secured lending approach that requires the borrower to submit collateralized crypto assets worth a multiple of the loan amount. Such a practice, combined with the high gas costs when dealing with Ethereum-based protocols, not only reduces the overall available liquidity, but also exposes them to a high risk of liquidating the collateral in the event of very high short-term market volatility.

Paxo solves this problem by providing instant, unlicensed, unsecured loans to the public at sustainable interest rates. Such achievements are made possible by a transparent and flexible balanced risk and profit sharing system, capable of providing loans of up to 5x the collateral value while providing attractive and sustainable returns for lenders investing in the protocol.

What is Paxo Avengers?

Paxo Avengers is one of the most popular Paxo Finance ambassador projects with a wide range of skills needed to contribute to product development and growth of a platform capable of bringing convenience to every user. The project team is passionate about supporting communities with an understanding of blockchain technology and the DeFi space, content creators and social media influencers, multilingual translators, testers, developers, and most importantly, fans who believe in Paxo visits.

What is Paxo Avengers?

Paxo Avengers is one of the most popular Paxo Finance ambassador projects with a wide range of skills needed to contribute to product development and growth of a platform capable of bringing convenience to every user. The project team is passionate about supporting communities with an understanding of blockchain technology and the DeFi space, content creators and social media influencers, multilingual translators, testers, developers, and most importantly, fans who believe in Paxo visits.

You will play an important role in the development, promotion and launch of Paxo Finance by performing the following tasks:

  • Create awareness of the project
  • Create and distribute posts
  • Multimedia content in multiple languages
  • Organize webinars, events and meetings
  • Reach on social media
  • Translate and share content.
  • Paxo Avenger is a three step process.

Conclusion

If you feel you are one of those people who can take on the challenge of driving DeFi adoption among the big players, then Paxo Avengers also plans to play multiple roles in the ecosystem to realize Paxo's vision of fair money and wealth. They will be the interface between the Paxo blockchain protocol and the crypto community. This is a privileged position that allows them to work closely with the creators of Paxo Finance for the future of DeFi, while also raising awareness of its supremacy among the masses. Join now and support this project to a huge success in the crypto market!

Paxo Finance is ideal for regular and experienced on-chain margin traders who want to maximize returns from long and short positions.

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Contact Information

Author: dey90
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=731808
BSC wallet address: 0x5c582DE6968264f1865C63DD72f0904bE8e3dA4a

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