SMART FINANCE: A PLATFORM FOR OBTAINING PERFECT LIQUIDITY
INTRODUCTION
There is absolutely nothing that can be done financially or achieved with less liquidity and now there is need to have a contribution that will come in form of liquidity provision. This will require liquidity providers that would be raised by this new platform called Smart Finance. The providers of liquidity in this case will be seen as the major pillars of the platform and their contributions will go a long way to improve the exchange of crypto assets as well as make everyone always ready to trade and give lasting contributions to the decentralized system.
ABOUT SMART FINANCE INNOVATION
This is a system that plans to bring decentralization and improve all other activities that is associated with it. It plans to boost the mining process and feature top coins which will be taken as a part of the product. Smart platform would also introduce other new features inplemented in the platform m it will feature the pool and the ETH pool. However, SMAT token would be used as another of its products, being a core product will enable users to relate well and use a different kind of dynamics.
The platform will be in charge of governance and with that it will grow into a very wonderful ecosystem. Here in this platform, great choice would be made for additional pools and a unique governance system would be designed to make the holders of SMAT rely solely on the community. Holders of SMAT will dominate this community and enjoy the features of the market. The use of stablecoins also will become possible and risks associated with mining will be eliminated as the proposal of this platform is given the opportunity to be expressed. Mining will become risk free such that the liquidity providers will be able to provide liquidity and earn tokens from the pools that are created in this platform. The team has made it post for all the users which provides liquidity in the platform to earn passive rewards which will be distributed from the 40% of the pool revenue which is meant for the governance tokem. Then staking will be done in the ecosystem with 20% of the generated funds and the remaining 40% will go for lending to all those users who need more tokens for their operations. The users in this platform will be seen as participants who have their assets in place and locked in the right position, enjoying the value of the token and getting the daily rewards which will be released.
Liquidity mining will make up the entire SMAT pool as well as the ETH pool in this platform before other market tokens would be added to improve the community. This operation would be agreed on by the users in this community as SMART users agrees to it, adding and growing the market.
THE OPERATIONS OF SMART FINANCE
This platform has created pairs of currency to reduce losses in finance due to the volatility of the token. Each of those pair are already available in the trading market and to make exchange very effortless. Users will find it easy to deposit to pools and have their share in the pool.
In these liquidity pools, half of the rewards that would be realized in them will be assigned exclusively for mining incentives for the miners in the pool. This will go a long as to sustain trading operations and make trading very stable. The liquidity provided will have a time lock for a period of six months and that will be the period of lock for SMAT/ETH pair token. The locktime however will not be fixed, they can be extended or reduced depending what the community agree upon with all the participants involved. They will be made to withdraw whenever they want within the space of 3 months in the ecosystem. The withdrawal in this case will be made in such a way that the market won't be affected because tma release statistics will be followed.
The incentivization will go as far as improving the primary liquidity and creating a buyback system which will support the pricing system as the SMAT token is used with reduced fees for the charges when used. Whenever a user buys or sell SMAT token, a fee of 0.4% would be demanded, this is way lesser than what is usually charged. Buybacks will take up 0.5% and the benefit which should be distributed in the platform.
CONCLUSION
The wallet given by Smart finance will be Integrated into the community to make it easy got users to route their fees into it and have them accumulate or be used from there. This will also have a good effect in the sentimental trade causing users to easily deposit pairs or initiate any transaction with limited cost of gas to execute them. The impact of this platform on DeFi and on the blockchain will definitely be huge, causing great change and improvements in mining and staking.
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: Ngoukan
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2661426
P. O. A: https://bitcointalk.org/index.php?topic=5290318.msg55856079#msg55856079