Hello, I keep doing research while watching bitcoin's new ATH dance. Crypto units continue to be a part of our lives day by day. New ideas are spreading every day, and some of them can include various opportunities for investors. For this reason, being able to follow the market correctly may be the prerequisite of finding various opportunities. I continue to choose the highlights among new ideas for my followers. We will talk about MoonDeFi , a decentralized exchange organization that runs entirely on the ethereum network .
Decentralization and Decentralized Finance (DeFi)
Decentralization literally refers to systems that are free of managers and / or intermediaries at the center. Today's systems consist of an executive mechanism or person at the center and communities acting according to his directives. This situation can often be described as the superiority of the executive mechanism over the community. Decentralization refers to the equal distribution of all power back to the community. It has a distributed structure that allows communities to make their own decisions without a central manager.
Decentralized Finance is the name given to the management mechanism of today's central financial institutions to be taken from the center and given to the community. Investors or individuals can perform all their financial transactions mutually without hearing any intermediaries or managers. In the realization of these trades, smart contracts on the ethereum network are generally used. Smart contracts allow the community to make its own decisions in setting the rules within the community and voting about the future.
MoonDeFi
MoonDeFi and similar decentralized financial institutions enable you to fulfill all the financial instrument needs you need in your daily life in a decentralized way by using smart contracts. In the past, many crypto investors lost their investments due to the mistakes of Mt.GOX and similar central organizations. MoonDeFi allows you to perform your trades using only your own wallets. Thus, you do not have to entrust your assets to any central agent. When we look back at the past years, it is possible to count dozens of great losses caused by central platforms.
How MoonDeFi Works
MoonDeFi allows people to make changes without intermediaries with the help of pools to be created. Of course, I am trying to explain in a few simple words a complicated system where those who provide liquidity to the pools are rewarded in order to support the operation of the system.
- The investor adds to the pool to create liquidity.
- The person who wants to trade will trade through the values in the pool.
- The investor gets a share of 0.3% on each trade performed.
This mode of operation brings together various advantages for both liquidity providers and traders. Liquidity providers earn passive income from their investments in smart contracts. Those who want to trade can do their trade with much lower fees than central platforms. In short, MoonDeFi removes central factors that reduce profitability.
MOON Token
It is an ERC-20 based token unit created on the ethereum network that enables the platform to be generally managed by the community. It enables the community to directly speak in voting on the platform. There are 2 different methods to obtain 210 million Moon tokens in total.
By adding liquidity to the platform, you help the platform move forward and in return you will be rewarded with the Moon token, or you can buy in the $ 0.25 - $ 0.75 price range by following the sales process. You can take advantage of the Moon token distribution by staking many units such as Moon, wbtc, usdc, eth, UNI, AAVE, COMP ... or by staking LP tokens that you have proof for liquidity pools.
Token: https://etherscan.io/token/0x71924a8d733ae1bbc18d243e1deb56e767440eb6
Contract: https://etherscan.io/address/0x765b2d50dE69219A418383F79a4973568d537F90
Overview
Decentralized finance (DeFi) continues to adapt more and more into our lives day by day, and they have many advantages against centralized platforms. In the spirit of cryptocurrencies, I can become an unbearable DeFi follower, as they only support your investments in your own wallets. I believe we will witness the development of decentralized platforms in the future.
Do not forget to do your own research before making a purchase and act within the scope of your own risk - earning ratios. Even decentralized, every project can carry certain risks. In order to get more detailed information about MoonDeFi , I add the link addresses related to the project at the end of my article. You can always contact me via my contact addresses for details that you would like to discuss with me about MoonDeFi . Yours truly..
Link Addresses
Website: https://moondefi.org/#/sale
Twitter: https://twitter.com/moondefi_info
Telegram: https://t.me/moondefiofficialgroup
Telegram Channel: https://t.me/moondefiofficial
Medium: https://medium.com/@moondefigroup
Reddit: https://www.reddit.com/user/moondefi
My Contact Information
My Contact Information
Author: baksosuper
Eth: 0x9FE2d477B58493E88935d071838a190826DeC2E9
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2361818