INTRODUCTION
Greetings friends you are back on the Free Cryptocurrency on the channel where we are we talk about blockchain and also cryptocurrencies and in this articles we will talk about a project called DeFiXy Protocol is a blockchain-powered Amazon-like platform for everyday crypto-asset users and newcomers. The goal of the project is to empower the unbanked members of the public by bridging the gap between the crypto space and the fiat-driven economy. DeFiXy Protocol promises to be rewarding, as their P2P marketplace would allow users with reputation and collateral to set up their own mini marketplace where they serve the less experienced users. In addition, all the features of the project are highly decentralized to enable users to enjoy top-notch payment services.
DeFiXy Protocol has exciting features that crypto users and newcomers will find pleasing. Some of the features are P2P Marketplace, where crypto enthusiasts can trade different cryptocurrencies in a decentralized manner. Users can set up mini-markets to give inexperienced ones a legwork. Other features are lending and borrowing, where users can take loans with competitive interest rates to implement their private projects. The interest rate depends on the users’ collateral blend ratio. Lastly, DeFiXy Protocol offers debit card integration, where you can spend your cryptocurrencies directly to buy goods or pay for services. Once the project has been launched, tokens would be available for purchase on exchanges. About 4 million tokens would be released initially for stakers to invest.
P2P market place exchange
Where individuals can trade crypto-assets in a decentralized manner. The main feature of the P2P market-place are as follows
The ability of users to create trades or setup barter between any pair of whitelisted asset, even between assets that defer in blockchain and also between a whitelisted asset and any of the supported fiats.
Individuals with staked assets can create mini-kiosk within the platform, offer customized products and services to other users. Such kiosk owners enjoy a share of the transaction fees accumulated on the platform among other benefits.
DeFi services
DeFiXy protocol offers DeFi services such as lending and borrowing. Users can take out collaterized loans with competitive interest rates. The rates for borrowers and lenders are determined by the users collateral blend ratio.
Since the loans offered do not have maturity period, there are no late payments but the borrower can setup a periodic payment that are deducted automatically in any of the supported assets or fiats as specified by the borrower.
Similarly, a lender can lend asset on a flex period lending mode or on a fixed period lending mode. With the latter offering a better interest rate.
Debit Card Integration
After meeting the regulatory requirement of target regions,
DeFiXy protocol will integrate card payment solutions which will allow users to directly spend crypto assets.
DeFiXy protocol will implement all the said features with the average individual with little to no blockchain understanding in mind. The platform will integrate user interface that are highly user-friendly. Individuals will be able to interact with the platform in a smooth and seamless manner, even those that are new to the space.
Important Notes:
ICO: There was no ICO, and there will be no ICO. Also no early investor that can dump on the Market.
How to purchase
The tokens will be available for purchase on exchanges after the platform release in 5 to 6 weeks’ time.
Supply will be limited to about 4 million at launch. While stakers can get up to 50% staking rewards, no definite lockup required, longer the staking is for, the higher the rewards rate dynamic rewards.
Circulating supply will remain 4,000,000 + claimed rewards by holders until main features are
Integrated, this include DeFi (lending and borrowing) and decentralized P2P market-place.
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Token Name: DeFiXy
Token Ticker: DFX
Token Type: ERC20
Decimals: 18
Token Contract: 0x81bc8af0f2cbd17f97306cbe7bea5a5927a0646a
IMPORTANT ADDRESS AND LINK
DeFiXy Protocol’s Official Emails:
[email protected]
[email protected]
Contract Link: https://etherscan.io/address/0xc5e095f55AbBFf29960C6CD4D11954F31607C883
Website: https://defixy.com/
Whitepaper: https://defixy.com/whitepaper
BitcoinTalk ANN: https://bitcointalk.org/index.php?topic=5284560
Medium: https://medium.com/@DeFiXy
Github: https://github.com/DeFiXy
Twitter: https://twitter.com/DeFiXy_Protocol
Telegram: https://t.me/DeFiXy
Discord: https://discord.com/invite/5dffAwM
Youtube: https://www.youtube.com/channel/UCoL-MU52k4exggP5WKFkPeg
AUTHOR
Telegram : @ksony7940
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=2867765
0xcB65Daf8BA9536C466dE01Ca2d263D45BF41F399