AT A TIME OF CRYPTO UNCERTAINTIES; FINANCIO MAKES DEFI ACCESSIBLE TO EVERYONE
The cryptocurrency market is filled with uncertainties, no thanks to the volatility in the market. Thus, it is not out of place for cryptocurrency projects to attempt to solve one issue or the other. This is the case with the Financio project – a project that wants to make cryptocurrency investments easier for everyone.
This project is based on Decentralized Finance (DeFi); a financial model that seeks to create an inclusive ecosystem. Under DeFi, you can trade or buy different kinds of cryptocurrencies without intermediary or third-party influences. However, more efforts need to be made in this case to make it truly encompassing. This and many more are some of the solutions offered by the Financio project.
In this article, I will extensively talk about the solutions offered via the Financio project.
THE FINANCIO SOLUTIONS
In this section, I am going to expatiate the different solutions and approaches that the Financio project would use to create a feasible DeFi ecosystem that would be appreciated by every investor cum participant.
THE USE OF SCALABLE BLOCKCHAIN ARCHITECTURE
It is no longer news that a majority of cryptocurrency transaction are processed over the blockchain network. Starting from the Bitcoin blockchain, many other blockchain networks have been developed to solve one issue or the other. The most popular is the Ethereum blockchain, which provides scalable transactions than that of Bitcoin does.
A couple of months ago, the Ethereum blockchain started experiencing higher transaction fees, causing traders to seek solutions in Decentralized Exchange (DEXs) and Automated Market Makers (AMMs).
However, the Binance Smart Chain (BSC) and the Binance Chain (BC), both blockchain networks of the Binance exchange have been able to offer some of the cheapest fees, while scaling transactions in real-time.
For that reason, the Financio project opted to use the disruptive Binance blockchain networks to make transactions faster. It is for this reason that this project should be considered large-scale, because it has the wherewithal to scale transactions.
FINANCIO AS A DECENTRALIZED CRYPTOCURRENCY TRADING PLATFORM
Built on the Binance Smart Chain (BSC) blockchain network; Financio doubles as a Decentralized Exchange (DEX); making it a lot easier for transactions to be processed faster.
BENEFITS OF THE DECENTRALIZED TRADING ECOSYSTEM BY FINANCIO
Here are some of the reasons why I think that the decentralized trading platform from Financio is worth considering for future cryptocurrency transactions:
MODERNIZED FINANCIAL SOLUTIONS
You want to be a part of a thriving ecosystem that has consistently proven to be following the latest trends in the cryptocurrency market. Decentralized Finance or DeFi for short does that via the use of modernized financial solutions, such as the removal of intermediaries.
SUFFICIENT LIQUIDITY
Financio is also working via the DeFi system to create sufficient liquidity, which until now, is one of the major challenges with cryptocurrency transactions.
With sufficient liquidity in the pool and manipulation-free transaction ecosystem, Financio can create that “perfect” cryptocurrency ecosystem.
Wrapping Up
Financio appears to have a justifiable reason for venturing into the cryptocurrency industry. The resolution of conflicts via an intermediary-free system and the provision of sufficient liquidity are greatly need at this time.
USEFUL LINKS:
Website : http://www.financio.io/
Whitepaper : https://www.financio.io/Whitepaper.pdf
Telegram : https://t.me/FinancioToken
Telegram Channel : https://t.me/FinancioTokenChannel
Twitter : https://twitter.com/FinancioToken
AUTHOR
Bitcointalk Username- Hassat
Bitcointalk Profile link- https://bitcointalk.org/index.php?action=profile;u=2767680;sa=summary
BSC Wallet: 0x6a072f861DF9a747b86a14EF8F899e26a7F4faDe