Pysche: The future and solution to current DEFI problems

emmychris (30)in #psycheusd • 4 years ago

Psyche believes that blockchain technology is the innovative push needed to reshape people's lives and make business easier than ever, but unfortunately the sheer complexity of blockchain has made the concept difficult for an average individual to understand, technology is often intimidating to use unless the individual already possesses strong knowledge
and a sense of understanding, this is why this great and intensive technology remains inaccessible to many people, but I think there is a solution to that problem
and the solution is here already.
Psyche is playing a role of bringing solution to this problem,

What is Psyche ?

Pysche is the solution to current DEFI problems and also the future of DEFI, pysche is building an improved and convenient DeFi system to encourage non-technical people to participate in the ecosystem, and there intend doing this through creating pysche Coin which is an ERC20 utility token synchronized with crypto points with the goal of making cryptocurrency more accessible to the average person by being easy to use.

Why pysche ?

Pysche has so much to offer which makes it much more different from other projects, it's not just a project but the future and solution to current DEFI problems. Psyche Coin is a stable currency with the face value of $1.00 per coin with the focus on accurate exchange
prices and free transactions, this makes it so different and comfortable to use. Psyche Coin is based on the groundbreaking RefleX Algorithm, which was specially designed to make blockchain technology accessible to everybody, including non-technical people with little knowledge of cryptocurrency.

Why choose pysche

There are lots of reasons why we should choose psyche coin over others , pysche coin has so many properties other coins doesn't possess, and this points are as follows

No transaction fees: Transaction fees has really been a hook on the neck of most individuals in cryptocurrencies thereby Making it difficult to make transactions, which is individual finds it difficult to send their coins from one place to another, and the recent rise in transaction fees has made things worse but using psyche coin makes us free from that problem of transaction fees.

Fixed price: we all know that cryptocurrencies is volatile in nature which means it's price fluctuates, psyche coin is stable and it's face price is 1:1 USD which means we have peace of mind when using pysche coin because it will drop in price any time soon.

Fast transaction speed: Nowadays, speed is important to modern-day professionals. Users expect tasks to be done easily without any extra hassle. The speed of a transaction is incredible, as it doesn’t require the whole network to approve and process each transaction. The transaction reaches the recipient at a rapid speed: transaction time is just one second. The system can manage 3,000 transactions per
second.

Signed transaction: since the existence of cryptocurrencies there has been alot of cases where people send their coin to the wrong address and we all know the consequences which is permanent loose of the coin, so pysche
Knows the consequences we all face If we send money to the wrong address, therefore there implemented a six digit unique code bound to summit for the completion of a transaction.

There are much more reasons why we should choose pysche coin
You can get to know more about @psyche in thier platform
https://psyche.cash

Conclusion

Psyche will be the first stablecoin that can be easily accessible and tradeable in everyday utilization. It will be very easy for
people to connect with Psyche for the reason that it is an environmentally-friendly cryptocurrency.