In recent years, many developers have started looking for new ways to build decentralized exchanges. MoonDeFi as a protocol on ethereum is a new breakthrough to be part of the decentral financial revolution. There will no longer be middlemen or custodians tasked with promoting exchanges in decentralized trading.
So far, centralized trading has been the cornerstone of the crypto monetary market. Obviously, this provides conveniences such as efficient payment times, constantly increasing liquidity, and a quite high trading volume. Unfortunately, this form of the protocol was not trusted due to the existence of a third party involved as an intermediary.
What exactly is MoonDeFi?
MoonDeFi is a convention within ethereum for trading ERC20 tokens. This convention allows buyers or sellers to exchange ERC2o tokens without making a request. MoonDeFi is designed with a relatively low fee transaction structure. This happens because MoonDefi performs an automated equation to determine a value based on actual demand.
MoonDeFi is one of the first fully decentralized protocols to provide automatic liquidity on DeFi. Users can freely lend cryptocurrency to the liquidity pool and collect fees. There will be no intermediaries such as companies or KYC.
How does MoonDeFi work?
MoonDeFi is a commercial liquidity program that allows for no structure or meeting books when making exchanges. MoonDeFi also allows any user to go to an all-in-one resource for trading. This can be a symbolic trade or a stage exchange.
To empower exchanges without a demand book, MoonDeFi has built a model called a liquidity pool created by liquidity suppliers. Anyone with an Ethereum address can add to trading liquidity and make money from it. This allows clients to trade ERC20 tokens including local ETH tokens.
Besides, there are other things that clients should consider. They could easily switch to ERC-20 tokens without any special requirements for the requisition book. The MoonDeFi protocol is decentralized and the posting cycle is completely decentralized. There is no liquidity pool for traders to access.
How to swap on MoonDeFi?
Any token can be used to Moon by paying it at a value equivalent to ETH. If you decide to exchange Token A, a new Moon Smart Token A agreement and a liquidity pool will be formed. For example, if Token A is worth $35 and an ETH value is $35. Once the token has a smart trading agreement and a liquidity pool, anyone can trade tokens or contribute to the cash pool, while earning a 0.3 percent liquidity provider fee. Clients are considered liquidity suppliers.
How do I farm/staking at MoonDeFi?
A mining program is already provided by the Defi MoonDeFi platform for users. Liquidity suppliers will earn LP tokens once their coins contribute to the pool. Liquidity providers can use these tokens at a great advantage to engage in betting schemes. The bonus will be paid to users who invest their funds and enter the liquidity pool.
MoonDeFi works by automatically searching for the new most powerful DeFi channel. This optimizes efficiency with a new algorithm by being able to find profitable groups for users at one time.
That's all about MoonDEfi as the automatic liquidity decentralization protocol on ethereum. MoonDeFi is doing a token sale at the moment. If you are interested, you can visit the official Moondefi.org site. For more information about MoonDefi, you can visit the link below:
Website: http://moondefi.org/
Twitter: https://twitter.com/moondefi_info
Telegram Group: https://t.me/moondefiofficialgroup
Telegram Channel: https://t.me/moondefiofficial
Medium: https://medium.com/@moondefigroup
Reddit: https://www.reddit.com/user/moondefi
Author's Details
Bitcointalk Username : Ludmilla_rose1995
Bitcointalk Profile URL : https://bitcointalk.org/index.php?action=profile;u=1064448
ETH / ERC-20 Address : 0x29ac4A201C36b7922430F0A37976C1bA1c617339