Kragx ,a DeFi platform developed to simplify investment in DeFi and offers Profitability.

General Introduction

DeFi is a short name for Decentralized Finance meaning varieties of blockchain based financial application in Cryptocurrency whose primary goals is to disrupt the traditional financial system .
DeFi was originated from the technology behind cryptocurrency which is blockchain . In the traditional financial system , the entire system requires intermediates which is being handled by human resources . They can alter , pause and prevent smooth flow of transaction. Blockchain technology which is the underlying technology of DeFi will erase any form of intermediary , ensure transparency and enable smooth flow of financial transactions. The Sophistication of blockchain technology has created an enormous Financial ecosystem in the global financial system which is known as DeFi . DeFi technology is quite different because of its broader capacity . It removes the limitation in the use of blockchain and broadened to use for more complex financial use cases.
. DeFi is a disruptive Financial system which allows anyone to access Financial products irrespective of their financial capacity, country , age . The technology implements' blockchain DApps with Smart Contract technology which enable automation of transaction within the ecosystem . In this article, i will be sharing good news about a Game changing DeFi platform named Kragx . Kragx DeFi platform has been developed to redefine the existing DeFi system . The platform offers sustainability , high profitability and high level of transparency . I do hope my dear readers will find it more fascinating.

About Kragx Platform

Kragx is a DeFi platform developed to simplify investment in DeFi and offer high return to the users. Kragx having observed the loopholes in most DeFi platform has removed all form of rigidity attached to the use of DeFi platform , hence making DeFi products accessible by everyone through its simplified and users friendly interface. Kragx platform will deliver varieties of DeFi products such as Staking , Lending , AMM, P2P trading system , NFT, Swaps and lots more . Users of the platform will benefit from transaction fees generated in the platform . Users will be able to stake their assets and providing liquidity to earn more interest . Kragx will provide flexible investment which will allow all users to chose among wide varieties of DeFi products available in the platform .

COMPONENTS OF KRAGXECOSYSTEM

(a) P2P EXCHANGE : The importance of P2P Exchange can not be overlooked in the global Crypto exchange industry . It is no longer news that most government doesn't support cryptocurrency due it being rival currency to the central currency . P2P trading system is the most effective system of trading cryptocurrency . The system removes any form of human intermediary from the system and ensuring smooth , easy, transparent and secure trading system . Kragx will establish P2P trading platform which will enable anyone to trade their crypto assets seamlessly irrespective of their locations in the world.

(b) SECURED WALLET : Amongst the services that will be offered by Kragx is a secured wallet . Security of crypto wallet is very paramount. Kragx will provide users will secured wallet which is 100% decentralized. Users of the wallet will have complete control over their wallet through their Private Keys. The wallets will be in compliance with the DeFi products offered in the platform . Users will be able to store varieties of Crypto assets in the wallet safely .

(c) GOVERNANCE : Holders of Kragx token have voting right in the platform . They can vote in the decision making of the platform . Holders of kragx token can participate in policy making through votes.

(d) YIELD FARMING :Staking is the act of depositing ones crypto assets for a period of time in other to earn interest. Staking system is correlated with Fixed deposit product offered by commercial Banks but the difference is the currency involves and decentralization of DeFi Financial technology . Staking in DeFi set up enable users to Stake their Crypto assets for interest.
Yield Farming is a rewarding mechanism in DeFi ecosystem which involves sharing some cryptocurrencies to token holders who participated in Kragx DeFi products. Participants who provide liquidity in the Pools of Kragx are considered as farmer and entitled to rewards. Loans given to the borrowers are paid later with interest . Those who participated in this products are regarded as farmers and are entitled to interest.

(e) INSTANT SWAP : Kragx offered Instant Swap through its Secured DeFi wallet . . Users can conveniently swap one Crypto asset to another through the swap platform with a little interest . All these features is possible through Kragx secured wallet . Users can swap their volatile crypto assets to Stable Coin in a period of high market volatility.

Conclusion,
Kragx DeFi platform has been developed to redefine the existing DeFi system . The platform offers sustainability , high profitability and high level of transparency. Kragx having observed the loopholes in most DeFi platform has removed all form of rigidity attached to the use of DeFi platform , hence making DeFi products accessible to everyone through its simplified and users friendly interface. Kragx platform will deliver varieties of DeFi products such as Staking , Secured wallet, Lending , AMM, P2P trading system , NFT, Swaps and lots more . #KragxDeFi #KRX #Blockchain #DeFi #Cryptocurrency

To learn further about Kragx platform , visit the links below :

Website: https://kragx.io/
Twitter : https://twitter.com/kragxk
Whitepaper: https://kragx.io/whitepaper.pdf
Telegram : https://t.me/kragx_chat
Reddit : https://www.reddit.com/user/kragx_defi
YouTube : https://www.youtube.com/channel/UCQXzubCYqUb6dNMp3NEoW9w

Writers info
Username: Gringrace
BTT link: https://bitcointalk.org/index.php?action=profile;u=2822451
Eth address: 0x03A2A5FC658213659E9D727d105C1f08E30DbC7F