Defi represents decentralized finance, it works as a digital currency ecosystem that involves many financial applications developed on blockchain. Through DeFi, blockchain can be appropriately used to eliminate the activities of middlemen in the financial sector.
Hence, DeFi use decentralized networks to revolutionized traditional financial services, via transparent and trustless protocols that can automatically execute orders, accept deposits, process collateralized loans and effectively sells collateral assets as per terms of contracts without the involvement of middleman.
It is essential to be aware that, DeFi stands for the main value of decentralization. In this manner, it has some advantages listed below;
• It facilitates high transactions speed and minimal cost settlements, immutability and automation of financial contracts.
• DeFi promotes easy global accessibility, eradicate central control and limitations.
• Give rooms for creations of many financial services through combinations of various projects in layer 2 or 3 applications.
• DeFi applications give users full control of their private keys.
• DeFi enhances transparency in the ecosystem as well as in price and market productivity.
At present, virtually all DeFi based projects are created on Ethereum on the grounds that it is an easily adaptable blockchain with a solid developer’s base.
In the last three months now, digital currency assets like ETH and BTC appear to encounter low volatility, however, few number of DeFi based assets keep rising to achieve a new high in price by attracting the attention of crypto investors in the market.
One of the well known decentralized exchanges is DEC777, basically developed on the Ethereum blockchain. DEC777 was developed on 0x protocol, it was globally accepted by crypto lovers as the most transparent and honest exchange in crypto world.
INTRODUCTION TO DEC 777
DEC777 decentralized exchange was based on 0x smart contract and was adjudged by experts from the field as the most transparent and honest exchange in crypto world. Our users trade or invest their assets with ease and full privacy.
DEC777 decentralized exchange is totally unique in designed and operations. Our exceptional daily trading volume and transactions speed have drawn the attention of many users and investors to our platform from all over the world. Another interesting feature of Dec777 is all Maker/Taker transactions are absolutely free. All tokens are allowed to withdraw whenever and anyplace.
DESIGNED FEATURES
DEC777 platform: Unarguable, our platform is the first global decentralized derivatives exchanges known for its transparency and easy cross-chain trading.
Margin Trading: Our platform was built with easy to use Margin trading features that enable our esteem users to exchange and generate income very quickly and stress-free.
Futures Contract: Futures products on our exchange are the most patronized products by investors. This contract enables investors to purchase/sell without possessing the asset.
P2P lending: It enables borrowers to assume responsibility of their debt and provide enable environment for users to accomplish their financial goals.
Wallets: It offer highly secure coin storage for users and investors, our wallet is hacks-free.
Stacking: DEC777 platform increase the profits potential of investors by providing them with different staking schemes.
DCF Launchpad: This feature enables exchange developers to release good inventive speculation ventures, new businesses, gathering pledges in the crypto market.
Innovative Start-Up Fund: DEC777 will assist new developers to provide all the necessary supports needed to build a decent digital currency ecosystem.
Cloud: This unique feature is something that is only available in DEC777 platform. All information are stored in cloud, no any server set up in any location. Today, most of the exchanges available have their data centralized in a place.
WHY INVEST IN DEC777?
• It’s a non-custodial decentralized platform designed with some unique features, for example, margin trading, derivative trading to mention but two.
• It makes use of the new ERC777 Ethereum standard, ERC777 standard is an improved standard of ERC20, and is compatible with the Ethereum ERC versions.
• DEC wallet was designed not only to store and protect investor’s funds, but also to facilitate swap and staking services too.
• Soonest, DEC777 plans to introduce a new blockchain that will provide adequate support in the area of data storage for businesses.
• It’s the platform that offer supports for blockchain based startups projects.
DEC777 TOKEN BURN
The entire remaining DEC token in DCF wallet after both Sale Round 1 and 2 have been concluded on September 30 have been burned. This was done in accordance with the company principle to protect the value of DEC token in the market.
DEC TOKEN DETAILS
ROADMAP
TEAM
PARTNERSHIP
CONCLUSION
Currently, most exchanges are using buy-back orders, buying and selling with exchanges instead of Peer-to-Peer. But we at DEC777, we are unique in our approach, it’s totally transparent and no room for any form of price manipulation on DEC token. I hereby advice investor to entrust DEC777 with their funds, they will never regret it.
Thanks for reading.
For More Information:
Website: https://dec777.com/
White Paper: https://dcf.dec777.com/assets/paper.pdf?v=1.1
Youtube: https://www.youtube.com/channel/UCg6YqR5t5CKvmMRqJzTvCXw
Medium: https://medium.com/@dec777official
Linkedin: https://www.linkedin.com/company/dec777-foundation
Twitter: https://twitter.com/dec777official
Facebook: https://www.facebook.com/Dec777official
Telegram: https://t.me/newsmargindex
AUTHOR
Bitcointalk Username: Alaho15
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=2513944
Eth Address: 0xf8c20030A71708E73D58Ab3900629F17B8875da5