SWAN FINANCE

in #new4 years ago (edited)

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Swan Finance is new Jewel in DEFI space. The team has come up with unique idea to create bridge between Centralized and Decentralised platforms and maximize returns for its investors. The idea to use crypto asset deposits as collateral generate interest by lending. The crypto assets are stored in cold wallets until required for transfer and withdrawal to ensure their security.

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What is DEFI? A short term which is used to describe movement of financial products and services onto public blockchains. It is a financial platform that allows a de-centralised system that allows users to have automated enforceable agreements without any major bank or financial institute to work as an intermediate. Therefore, making it simple for the general public.

The world of financial services has some significant barrier for the general public to enter it. Many of the services are reserved for elite, high worth institutions, such as Investment Banks and Market Makers.

DEFI has brought a revolution in this field by allowing general public access to these services. The main objective of DEFI is to provide a barrier free access to financial services, using the immutability of Block chains and their censorship resistant nature. Theoretically ledgers can be spread to over millions of nodes worldwide and cant not be controlled or tampered with or shut down by Central Banks.
You might have heard a lot about Block chain since Bitcoin emerged as leading Digital currency in crypto space. Generally people think it is a database , it is but different type of database where information is stored in Blocks and all blocks are linked with each other. The most use of Blockchain is as Ledger for transactions.
In Bitcoin case , Blockchain is used in decentralized way so that data can be stored on multiple computers and no single person can have control over it. The beauty of Blockchain is that, the transactions are permanently recorded and can be viewed from any where.

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The Roadmap of Swan Finance is as follows:

  • The Swan tokens will be available for purchase and stake in December, 2020.
  • The Exchange will be operational by January, 2021.
  • The Swan tokens will be made available on Binance Dex for trading in January, 2021 as well as the Swan Finance will be launched on iOS and Anroid apps.
  • Swan Finance will be launched on more exchanges in April, 2021.
  • October, 2021 Swan exchange is launched.
  • January, 2022, Swan wallet will be launched. and May, 2022 Swan Trade is launched.
  • November, 2022, Swan Play is launched and in June, 2023, Swan Investment will be launched.

OFFICIAL LINKS:

Website Link : https://www.swanfinance.io/.
Telegram Official Channel : https://t.me/aiodexofficial.
Telegram channel : https://t.me/swanfinancechannel.
Facebook : https://www.facebook.com/swanfinance.io.
Linkedin : https://www.linkedin.com/company/swan....

Author:

Bitcoin talk user name: Sayeds56
Bitcoin talk profile Link: https://bitcointalk.org/index.php?action=profile;u=2178170
Twitter: @SHAHIDALISYED7
Telegram : @shahidalisyed30

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