Review About The DEGO Finance Platform

phylum (39)in #finance • 4 years ago

INTRODUCTION

DEGO is a finance ecosystem based on a decentralized platform. Those who first started working with this system received unprecedented dividends to be precise, their income amounted to more than 30,000%

Such a system requires a stable Internet connection to function properly. And DEGO copes with this very successfully. If you go to the official website of the project, you will see a design that resembles the days when the Internet was just in its infancy. Various financial services are available to the participants of this system, such as:

=> crediting;

=> investment;

=> the ability to work on the exchange.

Destinations In DEGO Finance

Each user of the system has their own financial needs. In Dego, there is a whole ecosystem with DeFi capabilities, thanks to which literally in one click you can implement absolutely any frequently used financial operation.

Let's take a look at what DEGO has:

Crypto Exchanger => Everything here is very simple and clear, with the help of the exchanger it will be possible to exchange cryptocurrency for fiat money and, accordingly, do it in the reverse order. Your own exchanger in the ecosystem is always more profitable than using some kind of analogy on other resources.

Loan or Crediting => It is possible to earn and increase your capital through free financial assets on the DEGO platform. That is, participants can both lend financial funds and borrow money, that is, a p2p exchange.

Tokenize Assets => Allows, by creating a pool of liquidity, to make a profit using tokenized assets, by distributing in different directions of finance.

Stablecoins => It is possible to issue various cryptocurrencies on the platform that will have a fixed exchange rate pegged to the US dollar, and the rate can also be pegged to such well-known coins as bitcoin or ether. And also you can link not only to the currency, but also to the assets that are in the DEGO Finance ecosystem.

Synthetic crypto assets => The ability to create derivatives in order to form a base of synthetic cryptoassets using derivatives based on the blockchain system.

Insurance => Nowadays, the most important thing is security in the DEGO ecosystem, you can use decentralized insurance of transactions, which is implemented and combined with the DeFi functionality.

The ability to make a secure payment => There are so-called payment protocols in the system, thanks to which users have the opportunity to make secure payments between all participants in the ecosystem.

Smart wallets => The system has integrated wallets that make it possible to perform various financial transactions and are absolutely safe. This ecosystem has collected all the essentials in one place, which saves time and money.

Why DEGO Finance?

Investments and finance go hand in hand these days. New standards are emerging and non-standard formats of "money" appear that are being transformed into something new and not familiar to us. After all, if a loan, then this is a bank; if a loan, then these are microfinance organizations. And DEGO destroys these stereotypes and enables its investors to make money with just one click.

And it does not matter at all where the person and his tokens are located and the work of some banking and other financial organizations is absolutely not important, it is possible to provide a loan or loan to another user of this ecosystem, as well as exchange cryptocurrency or acquire fiat money and, among other things, also make insurance for their own financial transactions from all kinds of force majeure situations. Today DEGO Finance is a pioneer and leader in this field, this is evident due to the greatly increased interest from investors.

DEGO Finance is changing the financial world

A new format for communication and interaction of financial structures creates blockchain and smart contracts. Now all emerging multitasking can be solved with a single click thanks to DEGO Finance, although previously this could only be done through centralized structures.

A transaction in the DEGO ecosystem is not just an exchange of fiat and cryptocurrencies, it is financial transactions in their traditional understanding, but with broader opportunities in the created ecosystem. Users can perform any financial transactions 24/7, and all transactions are completely safe and can be performed from anywhere in the world, the most important condition is Internet access.

This platform has the most modern technologies and solutions, despite its design, which came to us from that old time when the Internet and computer graphics were only in their infancy due to the limited resources of the computers themselves.

Conclusion

I would like to note that today every person to one degree or another is somehow connected either with investments or with finances. This project allows any user to be sure that nothing will happen to his financial resources, which means that participants can be confident in the reliability of the system, which will make it possible to use their free funds to lend to other ecosystem participants. Plus the ability to exchange fiat money or crypto assets. Which is very convenient. A very promising and necessary project that will be popular.

For more information, click on the links below:

Website: https://dego.finance/home
Twitter: https://twitter.com/Dego_Fi
Telegram: https://t.me/dego_finance
Medium: https://medium.com/@Dego.finance
Discord: https://discord.com/invite/xJjSJrd
Github: https://github.com/dego-labs