Decentralized Finance (DeFi) refers to a peer-based financial model that allows you to transact with others without any need for an intermediary.
Consider this to be a better alternative to what traditional banks offered in terms of being the third-party between the lenders and the borrowers.
With DeFi, your transactions would strictly be between you and the other party involved in the transaction.
That is the basic aspect of idea. The Legendary Lion project came up with a brilliant idea that will set the DeFi ball rolling until it develops a snowball effect that extends to many other areas.
INTRODUCING THE LEGENDARY LION PROJECT
This project takes pride in being one of the best when it comes to re-strategizing the application and use cases of Decentralized Finance (DeFi). From a general perspective, the project believes in making Decentralized Finance (DeFi) instruments available for everyone.
Thus, the focus of this project is much more than what we are already used to. It will interest you to know that the project also focuses on the offering of charity to help in wildlife preservation.
THE DEFI APPLICATIONS
The Decentralized Finance (DeFi) perspective of this project can be applied to various segments for maximum results.
These are some of the applicable cases for the project:
Legendary Lion for the Gambling Market
Online gambling, otherwise called Interactive Gaming (iGaming) is a billion-dollar industry that continues to grow as the months go by. The growth of the iGaming market is accentuated by the growing interest among the players/punters, as well as the introduction of new technologies, including Augmented Reality (AR) and Virtual Reality (VR).
What if there is a way to gamble or wager on your favorite games using cryptocurrency as the payment option?
Does this interest you? If so, the Legendary Lion project has something to offer you. This project has fine-tuned some of the best strategies of gaining an in-road into the iGaming market.
These are some of the strategies used by the project to gain access to the gambling market:
Alternative Payment Option on Gambling Platforms
The native crypto token of this project is called the Legendary Lion token, with the ticker/symbol $LION.
This token serves as an alternative payment method on the online gambling platforms to be partnered by Legendary Lion. The idea is to leverage that passage to gain access to the Interactive Gaming (iGaming) market where millions of punters would be willing to use the token to pay for online gambling services.
The $LION token can also be used in some gamification solutions. Notable among these is the application of the token for several gamification solutions, including the delegated use on Non-Fungible Token (NFT) sites and gamified sites.
WRAPPING UP
Decentralized Finance (DeFi) has come to stay. It is the reason for the continuous growth of the cryptocurrency ecosystem – especially for coins that are based on DeFi.
The Legendary Lion project has already picked sides and is running with the idea to create a truly decentralized cryptocurrency payment ecosystem.
USEFUL LINKS;
Website: https://legendarylion.finance
Whitepaper: https://legendarylion.finance/recocorce/Legendary-Lion.pdf
Telegram: http://t.me/legendarylionofficial
Twitter: https://twitter.com/LegendaryFinan3
Reddit: https://www.reddit.com/r/legendarylionfinance/
AUTHOR
Bitcointalk username- Kakal
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2767315;sa=summary
Wallet: 0x09c09F509f1D366257f91bFfEb00174c7643CD77