When talking about DeFi, those of you who are crypto users will think that this is a "magic" protocol, which allows people to maximize their profits in a crypto market that tends to be unstable by staking, swapping, or yield farming. The decentralized finance protocol or commonly known as DeFi is a protocol that allows developers to apply traditional financial instruments to a decentralized platform which is usually based on ethereum. In this way, crypto users can get rewards for their participation.
Talking about the decentralized finance protocol, there is one platform that you might be interested in hearing about, namely Cup.Finance - a decentralized marketplace for Sports digital assets on the Ethereum blockchain
Cup.Finance: The Champion Of DeFi
Cup.Finance is a DeFi platform that offers quite innovative DeFi solutions compared to other DeFi platforms. The solution offered by Cup.Finance is fractional ownership through fungible tokens, in which the ERC721 tokens will be cut into several parts or so-called "particles" through the form of mortgage custody and then converted into ERC20 tokens to complete the interaction between the agreements. . In this way, it allows Cup.Finance to be able to create a better NFT trading ecosystem, which provides better liquidity and valuation methods to the NFT world.
With particles, Cup.Finance can achieve various opportunities that are not achievable by many DeFi platforms in today's market, for example, valuation is more dynamic, more democratic, more liquidity, governance, and rights. Thus Cup.Finance can become a platform where fractions for any NFT can be created and traded by everyone in a safe, secure, and easy way.
Cup.Finance Features
Cup.Finance operates just like any other DeFi platform, but with a better system than most DeFi platforms on the market today. Because Cup.Finance realizes that the market potential of DeFi is huge. However, seeing the number of DeFi platforms that have emerged and did not survive in the crypto market has made Cup.Finance wants to present a better DeFi service, which is not just following trends but also a DeFi platform that provides real benefits, and in this way Cup. Finance can achieve this through fractional ownership through fungible tokens, which is where any NFT can be created and traded by anyone - and become a DeFi platform for sports digital assets on the Ethereum blockchain. Following are the features of Cup.Finance;
- Cup.Finance allows users to enjoy the stablecoin mining feature, which allows you as a user to mine CUP tokens with USDT and ETH.
- 20% staking fee will be allocated to the liquidity pool in Uniswap which will ensure the continuity of the life of the Cup.Finance platform and supporters.
- Cup.Finance allows users to become referrers and earn rewards for their contributions.
- Users are guaranteed a stable return: basic rate of return + dynamic rate of return.
- Cup.Finance guarantees that all contracts have been audited and supervised by an authorized institution, namely https://www.lianantech.com/ so you don't have to worry about the security and transparency of Cup.Finance
- NFT is a potential market and is expected to grow in the future, and the CUP has a tradable value.
- Cup.Finance has a clear future with adequate support and an environment that allows it to grow well. With the support of crypto users, it will create an asset flow that will encourage asset appreciation.
Cup.Finance Token
Cup.Finance will issue 3 tokens during the liquidity mining phase which have their respective functions and uniqueness, the names of these tokens are CUPI, CUPII, CUP. Each token will have a different supply, such as CUPI: Total Supply (100%): 100,000,000, CUPII: Total Supply (100%): 1,000,000, CUP: Total Supply (100%): 10,000 CUP. These three tokens will be the "fuel" that will support the operation of the platform. Following are the details of the token;
Name: CUPI, CUPII, CUP
Network: Ethereum
Spec: ERC20
Precision: 18
Smart Contract Address: https://rules.cup.finance/introduction/audit
In Conclusion
Many of the DeFi platforms are popping up in the market today but most of them don't last long because their solutions are not innovative and tend to just follow trends. But Cup.Finance is different. Cup.Finance wants to become a decentralized marketplace for sports digital assets on the Ethereum blockchain. Cup.Finance will achieve this through fractional ownership through fungible tokens, in which ERC721 tokens will be cut into "particles" through the form of mortgage custody and converted into ERC20 tokens. In this way, any NTF token can be generated and traded by anyone - resulting in a more robust and reliable DeFi platform compared to similar DeFi platforms and bringing better liquidity and valuation methods to the NFT world.
Keynotes
- Cup.Finance is a decentralized marketplace for Sports digital assets on the Ethereum blockchain.
- Cup.Finance believes that fractional ownership through fungible tokens is the right solution.
- With the NFT particles, we can achieve various things such as dynamic valuation, more democratic, more liquidity, and governance and rights.
Connect
WEB: https://cup.finance/
TELEGRAM: https://t.me/realcupfinance
TWITTER: https://twitter.com/GOcupfinance
Writer
BTT Username: Sirait
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1112636
Telegram: @Sirait999