MoonDeFi – An Ethereum Protocol that Replaces ERC20 Tokens

For many years now, ERC20 has been the standard for most transactions on liquidity protocols. The massive adoption of these token standards made it seem like other token standards on the Ethereum blockchain aren't worth the investment.

That isn't the case because more opportunities were granted to ERC20 tokens. That is why there are more of those token standards on the Ethereum blockchain and liquidity protocols than other tokens.

However, MoonDeFi is a new liquidity protocol with a novel solution for resolving some of the existing monopolies in the Ethereum token standard niche. The protocol wants to create a formidable ecosystem that accommodates different Ethereum token standards.

It wouldn't be out of place to posit that the traditional ERC20 Ethereum token standards will have fierce competitors that will be promoted by MoonDeFi.

Read on to find out how the show will go down…

USER-ORIENTED LIQUIDITY PROTOCOL
The first feature of the broader MoonDeFi liquidity ecosystem is that the users are empowered to be at the leadership helms.

This is more of a decentralized structure than what we have had on other liquidity protocols.

As a user or a Liquidity Provider (LP), you will be allowed to act as a one-stop-shop for all types of transactions within the ecosystem, including coordinating the selling and buying of crypto assets.

TRADE WITHOUT AN ORDER BOOK
For many months now, you have relied on order books to process your transactions on liquidity protocols/pools.

What if I tell you that you don't necessarily need to trade with an order book? Such is the unique advantage presented by MoonDeFi. You can now trade seamlessly without using an order book.

Besides, the absence of an order book signals the evolution of the traditional liquidity pools that solely rely on manual trading whereby Liquidity Providers (LP) will contribute liquidity to the pool before transactions can be processed.

Instead, MoonDeFi came up with a brilliant idea of utilizing a decentralized digital asset listing technique that doesn't entirely rely on liquidity providers. Also, this new crypto asset trading format entails automation whereby MoonDeFi will be responsible for robotically creating markets.

I will also like to mention that MoonDeFi cuts off intermediaries and central parties via this automated market format. To that end, you rest assured that you can seamlessly switch and alternate different ERC-20 token standards without a need for an order book or intermediaries. That also includes the permission you have to alternate other assets, including the local ETH token.

UPGRADED DEFI PLATFORM

I must mention that MoonDeFi is not here with features that are out of the blues. Instead, some of the trading properties are something you already know about.

It will interest you to know that MoonDeFi is an upgrade of some of the popular Decentralized Finance (DeFi) platforms, such as Uniswap, Curve Finance, and Harvest Finance.

As an upgraded version of those DeFi platforms, MoonDeFi wants to create more opportunities for you and that is one reason why you want to swap your crypto assets here.

FINAL WORDS
I am optimistic that MoonDeFi has what it takes to replace the traditional DeFi platforms and the underlying structure of supporting most ERC20 with something better and more appreciated.

For more insight in to this amazing project, kindly click the links below:
Website: http://moondefi.org/
Medium: https://medium.com/@moondefigroup
Reddit: https://www.reddit.com/user/moondefi
Twitter: https://twitter.com/moondefi_info
Telegram Group: https://t.me/moondefiofficialgroup
Telegram Channel: https://t.me/moondefiofficial

Proof of authentication: https://bitcointalk.org/index.php?topic=5291354.msg55821261#msg55821261

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