Decentralized finance (DeFi) is a revolutionary concept that is using blockchain technology and has created a decentralized ecosystem where the users are able to conduct their financial as well as real assets transactions without any need of third parties. So the hurdles and heavy commissions of third parties are waived off and the users are able to transact worldwide without any boundaries limitation.
What is Moorex & its Ecosystem?
Moorex token is a community focused multi-chain DeFi token aiming to bring transparency and anonymity into charity in the finance sector. Moorex is using blockchain technology and its decentralized ecosystem. This platform is a further evolution of DeFi ecosystem. The users of the platform are able to transact with fast speed and the transaction cost is very low. Moorex is built on Binance smartchain and Ethereum chain. This platform is capable to cope up the highly congested market. The users of the platform can enjoy fast speed and low cost transaction even when there are sudden changes and congestion in the market. Moorex has changed the concept and trend of real assets and financial transactions. The Moorex ecosystem has created a decentralized ecosystem for transactions of tokens and coins in a fast, secure, transparent environment without any involvements of third parties. Further DeFi has merged NFTs in DeFi applications & protocols and has made it possible to transact real assets and finance in decentralized blockchain ecosystem. Moorex has many applications and protocols for its users to earn passive income from their holdings.
Decentralized Exchange with Sound Concept
Moorex was built to revolutionize decentralization, educate the masses about cryptocurrency and impact business owners worldwide. Moorex is more than a DeFi token, but the future of decentralization and cryptocurrency. The Moorex protocol was built to achieve sustainable long-term growth with tokenomics and an ecosystem that rewards its holders and community.
Moorex is a decentralized exchange which allows users to exchange their tokens for another while providing full custody over their tokens and coins. Moorex is a decentralized automated market maker (AMM) on the Binance Smart Chain. Users are rewarded with Moorex tokens for creating liquidity and staking within the ecosystem. Moorex will also have a crypto lottery, which will allow users to win weekly rewards. You will also be able to stake Moorex and earn Moorova rewards, the governance token on the Moorex Exchange.
The best part is the Moorex is having its own AMM and the smart contracts of the platform are having an inbuilt program where the Moorex platform and its innovative team is able to gather the best available data from the different reliable sources and then the smart contracts and nodes of the platform are capable enough to workout on this collected data and give a best output regarding the current price of the assets. That will help the users to get best deals on the platform and also the LP token generated for liquidity mining and Farming are having the best suitable value as per the current market position of the assets.
Trustless and Anonymous environment
Moorex protocol operates by its own and don't need third parties help to conduct the financial or real assets transactions. The users of the platform can conduct their transactions without any fear of loss or fraud. The innovative smart contracts of the platform are capable to handle all the trust required to conduct the transactions. Always certain conditions are checked and matched before conducting the transaction and the platform always make it very much sure that conducted transaction will reach to the right destination without any interfere of third parties, manipulators or hackers. The users of the platform can access world wide market and do their financial transactions without revealing their identities. In this way Moorex platform has created a trustless & anonymous environment that is the main pillar of decentralized ecosystem.
MOOR Token
MOOR is the ticker of the native token of the platform. It is the governance token of the platform and the holders of this token are the stake holders of the platform. They can actively participate in development programs and can vote to decide best future development strategies. The auto liquidity generating mechanism of the platform is fully backed with MOOR token as the fee is deducted with every transfer of MOOR tokens and that is added to the liquidity pool of the platform. This token is the backbone of this running platform and the NFT concept merged with staking and yield farming with liquidity providing is operating smoothly as the required transfer fee for every generated NFT is deducted via MOOR token.
The other 2% transfer tax will be deducted. 1% goes to charity wallets for business grants and 1% is distributed among the holders. The whole process is automatic. This is for making MOOR more valuable as when total supply is decreasing regularly and on the other hand with the growth of the platform the demand is increasing then this will boost the price rapidly and that will the best time for early adopters to multiple their initial investment and grow their portfolio.
Moorex token is a community focused multi-chain DeFi token aiming to bring transparency and anonymity into charity in the finance sector. Moorex token has a maximum supply of 100 billion on the Ethereum blockchain and Binance Smart Chain. A 1% transaction tax is distributed among all holders, which means everyone that holds Moorex token will receive a never ending cycle of passive income. Another 1% goes to the charity wallet for business grants.
- Token name: MOOREX
- Token symbol: MOOR
- Token Network: ERC-20 and BEP-20 token
- Total Supply: 100,000,000,000
- Max Supply: 100,000,000,000
- Starting price: $0.003
Useful Links to get more information
- Website: http://moorextoken.com/
- Twitter: https://twitter.com/moorextoken
- Telegram: https://t.me/moorexcommunity
- Instagram: https://www.instagram.com/moorextoken/
- Facebook: https://www.facebook.com/moorextoken
Writer
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