DeFiXy Protocol

safin123 (25)in #defixy • 4 years ago

INTRODUCTION

Greetings friends you are back on the Free Cryptocurrency on the channel where we are we talk about blockchain and also cryptocurrencies and in this articles we will talk about a project called DeFiXy Protocol is a blockchain-powered Amazon-like platform for everyday crypto-asset users and newcomers. The goal of the project is to empower the unbanked members of the public by bridging the gap between the crypto space and the fiat-driven economy. DeFiXy Protocol promises to be rewarding, as their P2P marketplace would allow users with reputation and collateral to set up their own mini marketplace where they serve the less experienced users. In addition, all the features of the project are highly decentralized to enable users to enjoy top-notch payment services.

DeFiXy Protocol has exciting features that crypto users and newcomers will find pleasing. Some of the features are P2P Marketplace, where crypto enthusiasts can trade different cryptocurrencies in a decentralized manner. Users can set up mini-markets to give inexperienced ones a legwork. Other features are lending and borrowing, where users can take loans with competitive interest rates to implement their private projects. The interest rate depends on the users’ collateral blend ratio. Lastly, DeFiXy Protocol offers debit card integration, where you can spend your cryptocurrencies directly to buy goods or pay for services. Once the project has been launched, tokens would be available for purchase on exchanges. About 4 million tokens would be released initially for stakers to invest.

P2P market place exchange

Where individuals can trade crypto-assets in a decentralized manner. The main feature of the P2P market-place are as follows
The ability of users to create trades or setup barter between any pair of whitelisted asset, even between assets that defer in blockchain and also between a whitelisted asset and any of the supported ﬁats.
Individuals with staked assets can create mini-kiosk within the platform, oﬀer customized products and services to other users. Such kiosk owners enjoy a share of the transaction fees accumulated on the platform among other beneﬁts.

DeFi services

DeFiXy protocol oﬀers DeFi services such as lending and borrowing. Users can take out collaterized loans with competitive interest rates. The rates for borrowers and lenders are determined by the users collateral blend ratio.
Since the loans oﬀered do not have maturity period, there are no late payments but the borrower can setup a periodic payment that are deducted automatically in any of the supported assets or ﬁats as speciﬁed by the borrower.
Similarly, a lender can lend asset on a ﬂex period lending mode or on a ﬁxed period lending mode. With the latter oﬀering a better interest rate.

Debit Card Integration

After meeting the regulatory requirement of target regions,
DeFiXy protocol will integrate card payment solutions which will allow users to directly spend crypto assets.
DeFiXy protocol will implement all the said features with the average individual with little to no blockchain understanding in mind. The platform will integrate user interface that are highly user-friendly. Individuals will be able to interact with the platform in a smooth and seamless manner, even those that are new to the space.

Important Notes:

ICO: There was no ICO, and there will be no ICO. Also no early investor that can dump on the Market.

How to purchase

The tokens will be available for purchase on exchanges after the platform release in 5 to 6 weeks’ time.
Supply will be limited to about 4 million at launch. While stakers can get up to 50% staking rewards, no deﬁnite lockup required, longer the staking is for, the higher the rewards rate dynamic rewards.
Circulating supply will remain 4,000,000 + claimed rewards by holders until main features are
Integrated, this include DeFi (lending and borrowing) and decentralized P2P market-place.

download (1).jpg