INTRODUCTION
Cryptocurrency industry has experienced massive growth ever since the inception of Decentralized Finance popularly known as DeFi. Gradually ,the industry is becoming more stabilized and globally recognized . In the past , cryptocucurrency industry has witnessed a lot of ups and downs due to its infancy . Thankfully , the industry experts never stopped working on devising means to stabilize the growth of the industry which they have been achieving . Crypto market has been ranked as the most scary and volatile financial market in the world but the introduction of Stable Coin and staking platform has reduced the level of market volatility . The emergence of Decentralized Finance has proffered so many solutions to the existing problems in crypto space. In the past, the system of investment was centralized and lacked transparency . DeFi technology has removed all form of centralization attached to investment system in Crypto space , hence offering a transparent and 100% decentralized financial system with high potential of profitability and sustainability. In this publication, i will be sharing good news about a promising DeFi platform known as KRAGX which am confident everyone will find interesting.
KRAGX PLATFORM (EXPLAINED)
Kragx is a one stop decentralized Finance platform opened for everyone all over the world . It is an open finance platform powered on Ethereum blockchain technology . Kragx platform envisioned to bring DeFi to everyone under a secured , transparent and 100% decentralized platform . It offers different forms of DeFi products which includes Crypto trading platform, SWAPS, NFTs , Lending , Automated Market Making (AMM) ,Staking , Secured Wallets and more . Users will be able to enjoy all these DeFi products in Kragx platform .
WHY DOES KRAGX PLATFORM STAND OUT ?
Kragx Team focuses on sustainability and profitability .
The primary motive of all businesses is profits. Kragx will developed an highly secured DeFi platform with a bug free and well written Smart Contracts . Security of users funds is a priority and the team will not give room for any sort of security leakages which may allow investors to lose their funds in the platform . Kragx will develope cryptocurrency exchanges which will allow secure trading of crypto assets . Users of the platform through Kragx secured wallet will be able to store their cryptocurrencies safely and conduct SWAP as well in the platform .
Kragx exchanges , SWAP and wallet will generate income for the platform which will enable KRX holders benefit from the platform . The generated incomes from the platform will be used to conduct token burn which will eventually lead to increase in the value of KRX token .
There are several use cases built around KRX token which will make it a very valuable token in the global crypto market
Kragx Yield Farming
Kragx is a huge DeFi ecosystem which offers varieties of Financial products to be invested by the masses. Liquidity provider will earn endlessly from the platform for providing liquid in the platform . They will be eligible to share in the trading fees generated from the platform . Apart from this , users will be able to stake Kragx token for interest . Several income streams will be opened by the platform which will benefit the investors. Lending /borrowing will be available in the platform in which Interest from loans will be distributed among the platform participants. Staking will be offered as well and stakers will be eligible to earn some certain percentage of interest based on their staking . Kragx will offer Non Fungible Assets (NFTs) and crypto swapping services . All these DeFi products will enable investors farm in the platform and earn reasonable profits .
KRAGX TOKEN
KRX is the native cryptocurrency of Kragx platform . It is a multi purpose token which serve both governance and utility functions .Holders of KRX have voting right and can participate in the policy making in the platform . KRX will be used for the payment of transaction fees in their trading platform .KRX token is built around so many use cases and as a result will grow in value due to high demand . #KragxDeFi #KRX #Blockchain #DeFi #Cryptocurrency
Final thought ,
Kragx platform offers wide range of decentralized finance product. The basis of this platform is to redefine the existing system of finance which obviously lack efficiency and creating open finance which anyone can access from anywhere around the world . Kragx will develop a Crypto trading platform, SWAPS, NFTs , Lending , Automated Market Making (AMM) ,Staking , Secured Wallets and more . Users will be able to enjoy all these DeFi products in Kragx platform .Currently, KRX token Presale is ongoing with 14% bonus. Join the train now .
Kragx Official Communities
Website: https://kragx.io
Twitter: https://twitter.com/kragxk
Reddit: https://www.reddit.com/user/kragx_defi
Telegram Group: https://t.me/kragx_chat
Whitepaper: https://kragx.io/whitepaper.pdf
Personal info
Bitcointalk Profile link : https://bitcointalk.org/index.php?action=profile;u=2901932
Bitcointalk username : kikojgg
ERC20 : 0x7823cC1ef9930fc29Bd7Cf3F87201640e36129A8
fantanstic writeup
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The project has fully package of DeFi .
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still need to do some fact finding about this project. lots somewhat interesting.
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Look promising through.Any IDO in future ?
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I saw in the group post the team is anonymous . That needs to be cleared.
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