Introduction
Blockchain based innovation is currently the talk of the town . Average cryptocurrency trader or users only knows about Bitcoin . Meanwhile , Cryptocurrency industry has gone beyond imagination . DeFi is the latest trading technology in Cryptocurrency world. Currently, there are lots of interesting events happening in the Crypto world . Apart from the latest infrastructure that is emerging in the industry , DeFi which can also be described as Decentralized Finance is the biggest thing that has ever happened in the history of cryptocurrency . DeFi technology has taken the world by storm due to its decentralized and transparent nature. Good result shown in DeFi industry has motivated lots of Investors in the industry . Both institutional investors and large scale investors are joining the DeFi space , There are lots of amazing features of DeFi but cant explain them in this article. In this publication, i will be discussing about Kragx Platform , a very unique DeFi platform developed to offer its users a fat, accessible , smart and profitable financial services for everyone .
Kragx was created to build a financial ecosystem which is in contrast with the existing investment system . Kragx has been developed to offer a transparent , permission-less and open source Decentralized Financing system . This ecosystem will allow investors to invest in a secured, transparent and highly profitable ecosystem which will remove any central authority . Amazing news about Kragx platform is that all investors and users have access to their assets and they can as well interact conveniently with the platform through Kragx DApps.
KRAGX OFFERS SUSTAINABILITY AND EASE OF ACCESS TO DeFi PRODUCTS
Unlike some DeFi platform that implements complex UI which users always find extremely to interact with , Kragx offers users best platform with simple and easy to use interface and removing all rigidity and complexities attached to using DeFi platform . Kragx Platform is built with a well written smart contract that is bug free .Kragx DApps allows users of the platform to interact smoothly with the platform . Users with little or no knowledge about DeFi can interact smoothly with Kragx platform . Kragx is committed to offering a very unique DeFi platform where users will be able to conduct all sorts of DeFi services such as Staking , Borrowing , trading and more . KragX also will build a decentralized Exchange platform where users will be able to trade their crypto assets on P2P system. Kragx smart contract will facilitate transaction automation. Unlike some crypto investment platform where payment are made manually to the investors. Kragx smart contract will be responsible for the payment of investors who stake, provide liquidity and borrow in the platform . Kragx platform users will be able to make efficient utilization of the DeFi platform. The platform users will be eligible to optimize their yield by obtaining the platform token . Additionally, Kragx token will serve various functions in the platform . The token will serve as an effective means of payment. It will also grant the token holders governing right , they will be able to vote with the token in making decision about the future developments of the platform .
HOW TO MAKE MONEY IN KRAGX PLATFORM
There various means which users can generate good returns from Kragx platform . The platform will allow users to Stake their tokens for interest. Besides, users will be able to buy unlimited amount of the token and hold them till the token gain good value. This depends on th investors targeted profit. Users can as well chose to be a daily trader in the platform where they will be earning daily profit based on their trading .
KRAGX ECOSYSTEM HAVE THE FOLLOWING FEATURES
(i) SECURED WALLET : Kragx offers a secured wallets for their users. The wallet will be compatible to the ecosystem . it will be compatible to lending and other services within the platform
(ii) CRYPTOCURRENCY EXCHANGE : Kragx will develop a cryptocurency exchange ( P2P) platform where users will be able to exchange various types of crypto assets. The platform will develop a cross chain SWAPPING platform where varieties of digital assets can be swapped to one another.
(iii) LENDING/ STAKING : Kragx platform offers cryto lending Platform where users of the ecosystem will be able to lend and stake with meaningful returns. Staking system is just like Fixed deposit in the conventional Financial system . Customers fixed their funds for certain period of time to earn interest. In Decentralized Finance setup , Fixed deposit is just like Staking system . The only difference is the transparent and decentralized structure of the system . While Banks deposit their funds with Fiat currencies , DeFi users cryptocurrencies for staking .
(iv) GOVERNANCE : Kragx platform operates just like DAO in which investors or holders of Kragx will have voting right which will allow them participate in the policy making in the platform . Holding Kragx platform token empower users to take active participation in the platform decision making .
KRAGX TOKEN
Kragx token is the native currency of Kragx platform . It serve various purposes in the platform , hence functioning as a perfect financial instruments . It can be used for payment services. Users can use the token to perform cross boarder payment and local payments.holders of Kragx will have voting right which will allow them participate in the policy making in the platform . Holding Kragx platform token empower users to take active participation in the platform decision making . #KragxDeFi #KRX #Blockchain #DeFi #Cryptocurrency
CONCLUSION
KragX also will build a decentralized Exchange platform where users will be able to trade their crypto assets on P2P system. Kragx smart contract will facilitate transaction automation. Unlike some crypto investment platform where payment are made manually to the investors. Kragx smart contract will be responsible for the payment of investors who stake, provide liquidity and borrow in the platform . Kragx platform users will be able to make efficient utilization of the DeFi platform.
ROAD MAP
For broad knowledge about Kragx , check the official links below :
Website: https://kragx.io/
Whitepaper: https://kragx.io/whitepaper.pdf
Telegram: https://t.me/kragx_chat
Reddit: https://www.reddit.com/user/Kragx_
Twitter: https://twitter.com/kragxk
Instragram: https://www.instagram.com/kragx_/
Youtube: https://www.youtube.com/channel/UCQXzubCYqUb6dNMp3NEoW9w
Authorship
Bitcointalk Username : Gurumal
Bitcointalk Profile url : https://bitcointalk.org/index.php?action=profile;u=2822423
Eth address: 0xAf1E2f293D9d7130dbD8Dbb732c1437fd9869796
learnt the token PreSale ends Feb 25. Any possibility of extension?
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Good project
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I have great hope in this project hopefully the team will be able to deliver all they promised
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I like the idea of creating P2P exchange, most government are not always supportive to cyptocurrency . P2P exchange will facilitate smooth crypto trading .
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