CáifùNFT: A MEANS FOR USERS TO USE THE AUTOMATED MARKET MAKING FOR EXCHANGING TOKENS

in caifunft •  4 years ago 

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INTRODUCTION

To talk more about non Fungible token, this is the right platform that people will find very useful, giving full details and features that will enable the full optimizing of the blockchain. Liquidity is far more important and for that, the solution is provided through the NFT token of this platform to help users use the best opportunities and stake with nothing to hinder their activities in the blockchain.

PROBLEMS TO BE SOLVED BY CAIFU NFT

The team behind this platform specifically designed this platform to remedy some major issues in the cryptoworld, these problems are the main focus for making this platform and solving them will make better options and advantages available for the users.

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This platform solves the problems associated with insufficient liquidity, it makes users able to provide liquidity and also enjoy the benefits that comes from the liquidity provided in the system. Lack of liquidity has affected the way artists operate in the traditional system, this has also affected the way they operate in the market and now this platform is ready to fix this. Another issue with the existing system is the absence of utility, the absence of utility has affected many holders and has reduced the use case of tokens to some great extent. Lack of monetization with the NFT token is also recognized as a problem and the difficulty to use NFT through crosschain.

THE SOLUTIONS OF CAIFU NFT

The solutions of this platform come as the features or the core structures that hold this platform. The solutions provide several advantages and proove the fact that Binance Smart Chain is capable of improving the system. As a protocol being developed on the Binance Smart Chain, it brings about yield farming and easily connect users from everywhere. This connection makes NFT so useful and capable of bringing so great benefits to the end users. This platform henceforth will bring about great yield of tokens and will drive the ecosystem, benefiting the holders without imposing extra fees on them.

The market will support the use of NFT tokens, it will help holders to earn through staking and trading uniquely in a peer to peer system that will make more sense than what is attainable in the traditional system. Through the market, borrowing or lending of NFT will be possible and enough features will be available for the users to enjoy and take part in as a brilliant strategy of using the unique features. This platform will be seamless in its operations, it will cause users to enjoy automated market and the Binance smart chain will become stronger as the cross chain system becomes activated.

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CONCLUSION

When artist need to borrow, the lending feature will provide whatever fund they need including NFT which will serve as the permanent collateral. All these will be served at the lowest possible transaction fees and all artist who needs suppy will get whatever support they seek in the community. This platform will therefore serve as the system for users to get up financially and be opened to diverse opportunities on the blockchain as they grow.

USEFUL LINKS
Website: https://caifunft.com/
Twitter: https://twitter.com/nftc_defi
Telegram Channel: https://t.me/caifuann
Telegram Group: https://t.me/caifunft
Blog: https://leofinance.io/@caifu

AUTHOR'S DETAILS
Bitcointalk Username: Esty2281
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2737693

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