THE VARIOUS OPPORTUNITIES KRAGX OFFERS TO MARKET PARTICIPANTS

in #kragx4 years ago (edited)

To be updated

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Are you worried that the fact that Kragx is a new DeFi project makes it more likely to fail? Well, your fears are not out of place, but this project has a lot of fundamentals backing it.

As a market participant or a user of the products and services offered in the ecosystem, here are some of the benefits you will qualify for:

1- BENEFITS FOR LENDERS
Worthy of mention is that the opportunities offered by the Kragx ecosystem are dedicated to all the participants.

We will now consider some of the opportunities the platform presents to the lenders who use it.

Capital Appreciation
As you know, you are entitled to earn some profits from the crypto or digital assets you deposited for others to borrow in a decentralized or centralized cryptocurrency trading platform like Kragx.

Thus, you are confident that when you deposit your digital assets to be borrowed on Kragx, you will enjoy the returns that appreciate or grow your capital.

Additional Interests
Kragx also promises to pay you additional interests on the assets you deposited for other traders or DeFi investors to borrow for facilitating their trades.

Passive Income
When you lend your assets on Kragx, you will automatically be signing up for passive income benefits as enshrined in the Yield Farming attributes of the platform.

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Here, you are expected to lend your assets as well as provide liquidity via the same so that DeFi transactions on the Kragx liquidity pool can be scaled in real-time.

As a way of rewarding you for providing liquidity, you will earn the Kragx Token as passive income.

According to the Kragx team, the earnings you will make here are higher than what you will make from a fixed deposit at the bank.

2- BENEFITS FOR MINERS
Miners in this case are both the borrowers and the lenders of digital assets. One of the primary benefits the miners will get is the opportunity to mine a wide range of crypto assets in the broader Kragx ecosystem.

On the part of the borrowers, here are some of the benefits that await them:

Short an Asset
If you are looking to make some quick gains in crypto, one of the options to consider is Margin Trading. Since that isn’t always available on liquidity pools, Kragx opted to be the first pool to make it available.

It makes this tenable via the empowerment of digital asset borrowers to borrow crypto assets and selling or trading the same on some other cryptocurrency exchange.

Thus, you can short any digital asset you borrowed on Kragx. In addition to that, this feature offers a Margin Trading functionality that can be integrated into cryptocurrency trading platforms that don’t support the same.

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Wrapping Up
By and large, Kragx presents a lot of opportunities for cryptocurrency miners (lenders and borrowers) so they can make the most out of the income opportunities in the Decentralized Finance (DeFi) ecosystem.
What do you think of the variety of benefits that the Kragx ecosystem offers to the users?

USEFUL LINKS:
Website - https://kragx.io/
Whitepaper - https://kragx.io/whitepaper.pdf
Twitter - https://twitter.com/kragx
Telegram - https://t.me/kragx_chat
Instagram - https://www.instagram.com/kragx_/
Youtube - https://www.youtube.com/channel/UCQXzubCYqUb6dNMp3NEoW9w

AUTHOR'S DETAILS
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