Paxo Finance
#PAXO.Finance $PAXO #cryptocurrency #Defi #Cryptoloans
Decentralized Finance has taken a huge waves in Crypto industry . So far it has been an excellent financial technology ever since its inception into crypto industry . DeFi has made both low and income earning group financial inclusive . In this article, i will be discussing with my readers a game changing Decentralized financial ecosystem which will be offering Decentralized Investment loan Protocol , trustless and permission less undercollaterized DeFi lending platform . This is going to be huge . I am referring to PAXO platform . Paxo is a new generation DeFi ecosystem developed with the primary aim of promoting financial inclusion and offering friction free Decentralized financial services to the global masses. Paxo will offer seamless deFi solution which will offer a very attractive, conducive and low transaction fee decentralized financial system .
About Paxo
PAXO is a revolutionary DeFi ecosystem developed to offer a large scale DeFi services. It will offer a decentralized money market system which will allow the investment loan opportunities where users will be able to invest in Digital assets via multi pool borrowing . . Amongst the amazing features of PAXO includes ; Low transaction fees, Non custodial and a fully decentralized service, perpetual contract and very good interest rate for the ecosystem lenders. In addition to this, there will be options for huge loans for lower interest rate. Traders are eligible to take loans and repay them in compliance with the ecosystem terms . All these services are delivered in a decentralized system ,hence no requirement of complex paper work or any means of identification .
PAXO will offer a flexible Loan Repayment which allows users to make repayment within 3-6-12 months systematic plan. Users also have options to customize their repayment time frame on the platform .
PAXO provides an open system for everyone . As mentioned earlier, PAXO is a fully decentralized protocol which is opened for everyone with the use of cryptocurrency. Anyone can borrow and lend on the platform based on the protocol terms. Lending on PAXO works only through cryptocurrency . There is no KYC requirement nor credit checks . No complex paper work before obtaining loans . The goal of the ecosystem is to facilitate financial inclusion among the global masses and offering best DeFi services to the global masses .
Features of PAXO Ecosystem
(a) Highly Secured Platform : Paxo Finance is a very secured and compliant DeFi ecosystem . PAXO smart contracts are complaints amd well audited by reputable blockchain audit firm . Users should feel secure using PAXO Finance protocol due to this feature. The entire system is automatic and decentralized. The smart contracts are free of bugs and any security loopholes.
(b) High Yield Platform with Low transaction fees: PAXO will support multichain which will allow users to select their preffered network . Isolated pools and wide range of digital assets such as Wrapped BTC (WBTC ,BTC and Matic are being supported as collateral.
(c) Easy User Interface (UI) : Paxo Finance UI is a user friendly type that is designed with ease of use for everyone . It is user friendly platform that is easy to use.
(d) 100% Decentralized Platform: It allows global access being a fully decentralized platform . Anyone anywhere in the world can use the platform as long as they have their crypto assets . There is no barrier to use the platform , lending and borrowing those not require credit checks or KYC.
How does PAXO lending/borrowing work ?
Users borrow money to invest in digital assets . The borrowed funds is againt their collaterals and if repayment are made ,then the users collateral will be released. Borrowed fund are secured against collagenized digital asset locked in the smart contracts until the loans are paid back .
Conclusion
PAXO finance is a game changing DeFi ecosystem. Paxo is a new generation DeFi ecosystem developed with the primary aim of promoting financial inclusion and offering friction free Decentralized financial services to the global masses. PAXO will be offering Decentralized Investment loan Protocol and seamless DeFi products for the masses.
#PAXO.Finance $PAXO #cryptocurrency #Defi #Cryptoloans
Official Links
Website: https://paxo.finance/
Twitter: https://twitter.com/paxofinance
Telegram: https://t.me/paxofinance
Medium: https://medium.com/@paxofinance
GitHub: https://github.com/paxo-finance
Author : faujan.nawawi
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2573696
BSC Wallet Address : 0x7fc3EAFbEff23615301026b23722294c3fFfDB43