INTRODUCTION
There is now a non-custodial platform on the blockchain. A platform based on DeFi a made to be available to all traders. This platform has SMAT token which makes it ahead other platforms. It supports ERC20 token and can handle staking as traders stakes in it. This platform has great a potential and as it is will add to the blockchain community through the tokens which would be used and the level of governance it will achieve. Through this it will be able to perform so many functions and come about great Yeild as staking and all other things are done in the platform.
THE OPERATIONS OF SMAT
The team would ensure that the real world of SMAT and parameters relating to it is announced to make staking great. The lock period would be announced and all the details of the operations would be made to appear on the dashboard before made to go live.
Of all the rewards to be given in this platform, the platform has assigned 20% of that total reward to the pool of distribution to provide daily distribution of reward and ensure that all users contribute and create their account from the share pool.
Smart staking on this platform will take up half of the reward pool alloting it and adding 4 other options for any further staking in the platform. The holders of SMAT token will determine how the distribution of the token would be, whether it would change or still follow the real governance objectives. The reward would be done according to the account share in the pool as individuals participate to achieve their objectives. The pools created would would work towards attaining the rightful incentive yield as tokens are assigned, then staking rules would be established and the full governance function will come into play to follow the staking rules as they are being implemented in the platform.
AVAILABILITY OF TOKEN PAIRS FOR TRADING
Token pair would be provided in this platform, this will be to prevent the loss that can happen as a result of the volatile nature of cryptocurrencies. Pairs would become available when users make deposit with there token and have them audited by contracts on the trading platform within the period of trading. Usually this play will generate SMAR for the users on every deposit they make on the platform, they will do this to redeem any assets in the platform and they will use the voting functions as more SMAT token is generated after the period of the lockdown.
Miners of liquidity in this platform will have 50% reward distribution from the pool. This will create the availability of SMAT token and by doing that, it will become mandatory for all users in the pool to act as liquidity providers.
The pair ETH/SMAT will be on this platform and will be subjected to a lock period of 6 month which is only the least, the lock period can be extended by the community if they agree on such and all holders will be made to overcome the pressure of selling their tokens during this period of initial lock but give room for withdrawal from their respective accounts.
THE LENDING FEATURE AND LIQUIDITY MANAGEMENT
This play will achieve the Integration of buybacks and the incentivizing of all the liquidity providers by supporting the price value of the SMAT token and charging a 0.4% fees in the buying and selling of SMAT token. To the users, this will be taken as equal and a total of 0.8% of the token distributed while some used as buybacks. Some other benefits will be added as a part of the products which shout motivate the users and holders of SMAT tokens asides what they will have as an added benefit.
All the fees in the platform as provided will be linked to the treasury wallet and as they accumulate overtime will serve a great need as buybacks, improving the processing of transactions and improving trading with all the operations intact as there will be no negative consequences on sentimental trading operations. This will give rise to a smooth operation for traders engaging in trading and seeking to take advantage of the blockchain for all such services that would give them profit.
CONCLUSION
The unfavorable price shift in cryptocurrencies has always been a great issue that has affected the demands and the condition of things in the crypto market. This also has an effect on the lending process but this platform has countered that so that the lending position might not be affected. With the volatility of the price, underlying assets used as collateral will exceed the loan as the price of the loan drops and this will be to the advantage of the borrower, thus there is nothing for them to lose in this case.
USEFUL LINKS
Website: https://smarts.finance/
Discord: https://discord.com/invite/rertF5a
Twitter: https://twitter.com/Smarts_finance
Medium: https://medium.com/@smartsfinance
Youtube: http://www.youtube.com/channel/UCp58Zt6o88nj9jH8tKtvzSw
AUTHOR'S DETAILS
Bitcointalk Username: Pinkcorn
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2768206
P. O. A: https://bitcointalk.org/index.php?topic=5290318.msg55897232#msg55897232