Introduction
Merlin ecosystem on Defi takes a new turn on the Defi system, leading a system that foster auto-compounding and safety at its peak for users. This will lead to maximum returns with a way sustain the system. The tools in this platform will be optimized for the purpose, the users will get a way to grow the system.
Users have always have issues concerning gas costs, APY tracking and also getting yields has been so difficult. Through this platform however, a new goal will be set to make the users able to maximize their yield through the world farming with less to pay as the cost. This will also cover the fees of the APY and other fees.
WHAT IS MERLIN ?
The rise of this platform will lead to a great boom in cryptocurrencies, the decentralized finance system will lead a revolution in the Defi world to make the Defi products ever available and more functional with the foundation on the Binance Smart Chain. The yield farming will be very functional as all the tools are combined to play their effective roles. The yield will lead to great functionality and so many cryptocurrencies will be involved as all the transactions plays out. Users will have BTCB, BNB, CAKE and more at their disposal to build their finance and auto-compound their assets. This will be of help to boost the security of the system and when staking is done to boost the services in the platform.
FEATURES OF MERLIN
This platform will improve transparency in this platform, causing transparency in the financial values as all other blockchain networks are involved to define the space. Users will be attracted by the Defi products and the space will be so welcoming as they express their interest with great features of the products they are attracted to.
The entire DEFI infrastructure makes the entire system open to several vulnerabilities which of course this platform has prepared solutions to attack them all at onces. This will cause a level of improvement in the Defi network and all of those situations settled at once. One of the problems to solve is the flash loan attack and the lack of effective protocol. Flash loans is now used to replace the old loan system, with an advantage that users can borrow instantly and have no need for collateral as they have liquidity and are able to provide what is needed with the way the system appears to be.
Smart contracts are now available to use and now can be made to fulfill the rules of the system. Flash loans will need the smart contracts and all the certain rules will be observed. The loan will make users able to secure their money and also move ahead as they pay back each time they take such loans.
CONCLUSION
The issue of unsecured loan will be done with and then instant loans will become the order of the day. To improve the flash loan system, the system will be aided with the Price manipulation that will attack the price and present so many opportunities to the users and presenting so much opportunities to the users as they bag their profits and take everything serious in this platform.
Merlin important links:
Telegram Announcement: https://t.me/merlinannouncements
Telegram Community: https://t.me/merlinlab
Telegram Bounty Rewards Group: https://t.me/merlinbounty
Twitter: https://twitter.com/Merlinlab
Reddit: https://reddit.com/r/MerlinLab
Medium: https://merlinlab.medium.com/
Website: https://www.merlinlab.com
AUTHOR'S DETAILS
Bitcointalk Username: Washhazard
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2767526
BSC Wallet Address: 0x2149Be6Df0bF44e75a9C00AdF02504FBb4b297DA