Morbex Finance - Decentralized AMM Protocol with Multistrategy Yield Farming

cryptoinmind (30)in #morbex • 3 years ago

Introduction

What is Defi?

Defi is a term given to financial services that have no central authority or someone in charge. Using decentralized money like certain cryptocurrencies that can be programmed for automated activities, we can build exchanges, lending services, insurance companies, and other organizations that don't have an owner and control by anyone.

What is AMM Platform?

An automated market maker (AMM) is a type of decentralized exchange (DEX) protocol that relies on a mathematical formula to price assets. Instead of using an order book like a traditional exchange, assets are priced according to a pricing algorithm.

What is Morbex?

Morbex is a decentralized AMM protocol incorporating multi-strategy yield optimization. We use secure financial instruments and advanced gamification models to make banking engaging, transparent, and accessible.

Benefits of Using Morbex

Swapping - Swapping is the process of swapping one token to another, on the same platform. Swapping is done with minimal fees for the liquidity provider, that has provided liquidity to the pool.
Liquidity - Liquidity is a measure of the ease at which an asset can be converted to another asset without affecting its price. In simple terms, liquidity describes how quickly and easily an asset can be bought or sold. Liquidity pools are one of the foundational technologies behind the current DeFi ecosystem. They are an essential part of automated market makers (AMM), borrow-lend protocols, yield farming, synthetic assets, on-chain insurance, blockchain gaming
Staking - A staking pool is a group of coin holders merging their resources to increase their chances of validating blocks and receiving rewards. They combine their staking power and share the rewards proportionally to their contributions to the pool
Farming - Yield farming is a way to make more crypto with your crypto. It involves you lending your funds to others through the magic of computer programs called smart contracts.

Yield Farming in Farms is a great way to earn BEX rewards on MORBEX

What Is Yield Farming in Decentralized Finance?

Yield farming is a way to make more crypto with your crypto. It involves you lending your funds to others through the magic of computer programs called smart contracts. In return for your service, you earn fees in the form of crypto.

Yield farming also referred to as liquidity mining, is a way to generate rewards with cryptocurrency holdings. In simple terms, it means locking up cryptocurrencies and getting rewards.

Yield farmers will typically move their funds around quite a lot between different protocols in search of high yields. As a result, DeFi platforms may also provide other economic incentives to attract more capital to their platform. Just like on centralized exchanges, liquidity tends to attract more liquidity.

Unlike Staking Pools, Farms require you to stake two tokens to get LP Tokens, which you then stake in the Farm to earn rewards. This lets you earn BEX on Morbex platform while still keeping a position in your other tokens.

What is BEX Token?

BEX is the native token of Morbex finance. BEX can be used in the ecosystem for rewards, and other Defi features like staking and farming.

Utility of BEX tokens

Earn BEX and other tokens for free with super high interest rates.
Stake BEX, earn free tokens. It’s really that easy.
Stake LP tokens, earn BEX
You can still earn trading fees when you stake your tokens in Liquidity Pools (LPs)

Tokonomics

Ticker: BEX
Max Supply: 10,000,000 BEX
Chain: Binance Smart Chain (BEP-20)
Mining: 60%
IFO: 10%
Private Sale: 5%
Ecosystem: 10%
Team: 8%
Marketing: 5%
Lottery: 2%

Roadmap

Private Sale:

MORBEX Private Sale Will Start on 30th JUNE

Soft Cap-500,000
Hard Cap-1,000,000
Token Price- $2
Accept- BNB BUSD

Conclusion:

Morbex Finance - Decentralized AMM Protocol with Multistrategy Yield Farming

Coin Marketplace