Defifarms: A Decentralized Automated Market-Making (AMM) Exchange!

in defifarms •  3 years ago 

Clients of decentralized finance only had to connect their wallets via Metamask or Trustwallet, to name a few; it was a plug-and-play system. However, there is an Achilles heel to decentralized money. While the approach allowed many talented and passionate programmers to flex their creative juices on the Decentralized Exchange (DEX) and Defi systems, it also resulted in a saturated and complex ecosystem, making it difficult for investors and Defi users to find a specific Defi product that met their needs. They had to hunt and search till they found what they were looking for. Defifarms has observed these flaws in the bitcoin realm as well as the decentralized financial ecosystem and has stepped in to help.

Advantages of the DEFIFARMS Platform

First Advantage: Dex Trading

Defifarms is based on a decentralized finance platform, which provides it with several distinct features. With no need to verify your customer or e-mail address in this case. Simply link your wallet and begin trading. These have resulted in some natural advantages. We'll take a look at four of them below.

˃ Pseudo-anonymity

To join the pool or trading platform, there is no need to fill out a lengthy form or submit a legitimate form of identification, as previously stated.

˃ Automatic

Transactions appear seamless and instantaneous if there is enough liquidity; the Dex platform delivers such benefits. Transactions are made on the fly and are fully automated.

˃ Low-cost

Because there are fewer people working here than at centralized exchanges, transaction fees are lower. Dex exchanges, once again, enter into fewer collaborations than Cex exchanges. Reduced trade and transfer fees are a significant advantage of the Defifarms platform.

˃ Non-custodial

There is also no necessity for third-party action in this case. Every transaction between the administrators of Defimarms and their valued clientele takes place in real-time.

Advantage Two: Merchant adoption

Many shops are interested in bitcoin, but the volatility of crypto assets presents a hurdle. This has inhibited cryptocurrency's rapid adoption. Defifarms intelligently allows merchants to enjoy consistency at a minimal cost while also maintaining profit using the Defifarms system's products.

Defifarms Token Sale and investor Whitelisting

The company has started selling today, July 10th, and is actively white-listing its private investors. In less than 24 hours, the firm has whitelisted over 1000 investors. This exemplifies the ingenuity that the Defifarms core team possesses. The team estimates that it will be able to whitelist up to 5000 private investors. Below you'll find more information regarding the token sales and whitelisting. The team also announced that if 50% of the Hard market capitalization is reached, investors would receive a refund.

Cryptocurrency is among the most remarkable inventions of the twenty-first century. It has had a rippling effect around the world, uniting traders and investors of all races and creeds. Despite this remarkable achievement, it has yet to gain widespread acceptance, owing to price volatility and instability. Defifarms has developed a transactional system that ensures price stability, attracting financial firms that have been on the fence and giving merchants the confidence to use digital assets. Again, through Defifarms, all of the Defi projects dispersed around the internet would also have a single point of contact, a type of hub. This is a project that aims to bring sanity and transparency to the bitcoin business. Participate right now!

Visit to know more :

Website: https://defifarms.org
whitepage : https://drive.google.com/file/d/16rlbSp4cd_RpGDuPp7VPBpKeGTJ8_yYb/view
Twitter: https://twitter.com/DeFiFarmsNFTs
Telegram: https://t.me/DefifarmsNFT
Medium : https://defifarmsnfts.medium.com
Github : https://github.com/defifarms
Linkedin : https://www.linkedin.com/company/defifarms-ltd

Author By:

Proof Of Registration Link : https://bitcointalk.org/index.php?topic=5346604.msg57515873#msg57515873

BitcoinTalk username : alexiarhiya

My Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1607501

BSC Address Address: 0x4bB2B833E7352EE4b4AD116200971691029bEE97

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!