SMART FINANCE: PROVIDING A DECENTRALIZED GOVERNANCE SYSTEM AND IMPROVING THE ADOPTION OF DeFi

in #smartfinance4 years ago

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INTRODUCTION

As a new frontier in the DeFi industry, this platform has come with a new model with improvement through solutions that will be of advantage to the users. Being smart will have something to do with the participation of the users in the project. The performance of this will provide a list of products and services that can be handled and share by smart finance. This platform plans to introduce a new novel approach to obtaining quality DeFi services and ensuring the SMAT tokens works effectively as it is integrated into the decentralized network.

WHAT IS SMART FINANCE ?

This platform is a trustless and decentralized system that permits full verification of assetsz making sure users are able to deploy contracts and get them audited. This platform is able to achieve the siting of the network contract deployment and the used token function together on the platform for users to have direct relationship with them and function well as a result of that.

THE SPECIAL PRODUCTS PROVIDED BY THIS PLATFORM

The products of this platform are the main leverage which users will find useful and able to launch them into the positivity of the market and making them enjoy so many advantages in it.

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This platform provide a staking protocol that functions even when the market is not in good shape for traders. This makes them able to earn and perform orther operations regardless of the market situation. This is a profitable thing for users as they stake and earn in this way, thus having great advantages and improving the ecosystem through the use of non-custodial smart savings option.

THE IMPORTANCE OF LIQUIDITY MINING

This platform has has contributed greatly to the future of the blockchain finance through liquidity mining provision. This process will make cryptocurrencies tradable and capable of providing liquidity as the users engage and make smart choices to get rewards and avoid unnecessary fees which can prevent them from getting rewards and making impactful contributions.

This platform introduce a double rewarding system through SMAT for every contributions made by users to encourage more people to be a part of this innovation and be free to trade and also to contribute liquidity.

Smart lending is a feature of traditional finance but is being introduced and improved in this platform. Through smart lending Protocol for lending, decentralized lending will be introduced and a new way of obtaining loans will be formed to make seamless and frictionless loans obtained by users. This will be taken as a feature that is formulated from the traditional finance.

THE IMPORTANCE OF SMART FINANCE

With the level of sophistication and advantages gotten from this platform, transaction costs would be minimized as the distributed gas fees cost is lowered.

It is also considered unique with the staking features. Making sure users gets double rewards and incentives which will fuel their trading. The lending model that is used in this platform will provide two sided benefit to the suppliers and borrowers in this network, all incentivized and made to enjoy the high yield from their trading and investment program. The characteristics of this platform can be sustained.

The way the token would be distributed is spelled out on the roadmap. A maximum token supply of 1 million SWAT would be supplied.

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The team of this project are behind the openness of the ecosystem, building network and features that improves the concept created. All other elements are also introduced to reduce uncertainties and make Defi's products cut across all jurisdiction. This will help the members to be confident to trade or do anything in the ecosystem or even to be anonymous without any risk involved in the process. The wallet provided here is a multi-sig function wallet that makes it safe and trustless, cutting off all the risks involved and maintaining a semi-anonymous status that is most effective and very great in establishing partnership.

Rug pulling and trust is eliminated by integrating multi-sig function wallet which is the principal wallet of the platform. To the end does it have a semi-anonymous status which is of an advantage.

All the products and services offered in the DeFi industry are pretty much in their special phase for further experimenting and so using them requires a level of care and caution before they are certified okay. The components are on the blockchain and when you invest in them, it is important to note how they can be optimized and taking all the chances possible to use those components.

CONCLUSION

The perfection of auditing firms would be used, adding their experiences and expelling all forms of fault from the platform. Safety is introduced to prevent bugs and make all the products used in this network strong enough to serve their intended use with care from the users.

USEFUL LINKS
Website: https://smarts.finance/
Discord: https://discord.com/invite/rertF5a
Twitter: https://twitter.com/Smarts_finance
Medium: https://medium.com/@smartsfinance
Youtube: http://www.youtube.com/channel/UCp58Zt6o88nj9jH8tKtvzSw

AUTHOR'S DETAILS
Bitcointalk Username: Marblegallery
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2768229
P. O. A: https://bitcointalk.org/index.php?topic=5290318.msg55864540#msg55864540

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