KeyTango - easiest way for DeFi Platform ~ Review

in #defi4 years ago

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About KeyTango

KeyTango project have the real use-case platforms which is the best thing of this project. The exchange is the most useful part of this project which push KeyTango to a new height. The company is actively developing and will be able to help hold new promising tournaments, startups receive both financial support and even more users without traditional centralized restrictions! My opinion about the KeyTango this will be the best in the crypto industry. The project is very promising for solution today and in the future.

KeyTango was born with the mission of optimizing blockchain application in the field of Decentralized Finance, a new trend of world finance, promised to thrive in the coming years. KeyTango is a platform for retail investors to discover, learn and invest in DeFi products and services such as yield farming and liquidity pools.We believe that DeFi was meant to, and should be more inclusive. DeFi allows any investor to market make using Automated Market Makers. KeyTango is a Web3 application made for those who are struggling with complex UI/UX that looks straight out of the Bloomberg terminal, which acts as a frictionless gateway to popular DeFi products and services ready to be unraveled within a couple of clicks. Unlike Yearn, which takes some familiarity with deep DeFi as granted, we offer easy to grasp and navigate UI/UX, that empowers you with tailored content and suggestions based on your level of experience and your blockchain history.

Market Making (MM)

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Market Makers define liquidity and depth indicators in financial markets. They monitor the price of assets they are making in real time and they seize the opposite to the market trend which is often found in an advantageous position. market makers play a regulatory role in asset price while preventing unpredictable spikes in price due to poor liquidity. Market maker is a firm or individual who actively quotes two-sided markets in a security, providing bids and offers (known as asks) along with the market size of each. DeFi allows any investor to market make using Automated Market Makers.

Automated Market Makers (AMMs)

Automated market maker as a robot that’s always willing to quote you a price between two assets. The liquidity is provided by other users who also earn passive income on their deposit through trading fees based on the percentage contribution of the liquidity pool. Not only can you trade confidently using an AMM, but you can also become the “house” by providing liquidity to a liquidity pool. This allows essentially anyone to become a market maker on an exchange and earn fees for providing liquidity.

Markets

  • Uniswap
    Uniswap was the first true decentralized AMM to enter the market in November 2019. Uniswap allows for anyone to deploy a liquidity pool on the network, and enables any other trader in the ecosystem to contribute liquidity.

  • Balancer
    Balancer is considered to be the pioneer of AMMs recently released onto the market. Balancer functions similarly to Uniswap but also offers industry-first, dynamic features that enable the protocol in having a broader arsenal of AMM use-cases.

  • Curve
    Another yet fresh AMM protocol to enter the DeFi ecosystem in early 2020 was Curve Finance. Curve has admin-only generated liquidity pools where everyone can contribute to these pools, but they have one big distinction; Curve’s liquidity pools only support stablecoins.

Concludion

AMM technologies are providing primitives for accessing immediate liquidity for any digital asset. Not only do AMMs create price action in previously illiquid markets, but they doso in a highly secure, globally accessible, and non-custodial manner.

I really like the line consept of their device inside,true professional,friendly staff and most importantly the idea with a promising future. This is one of my locale's preferred project and I think it has incredible potential for the future. so set aside the effort to comprehend the extend and contribute it at this moment.
#defi #keyTango $defi #deepdefi

For More Info Visit :
Website: https://www.keytango.io/
Twitter: https://twitter.com/tangokey
Telegram: https://t.me/keyTango
Medium: https://medium.com/keytango
YouTube: https://www.youtube.com/channel/UCXSPmZ4BBT_QAA7w0NjKBIQ/

Author
My Bitcointalk Username: Kalpesh2872
My Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2707027
Proof of Authentication: https://bitcointalk.org/index.php?topic=5303123.msg55921367#msg55921367
Eth Address: 0xc1fB832B00920C8e8E1C7B7E69888B4Ef87fFC6c

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