A Review of Caifu Defi uncommon features

in nftartists •  4 years ago 

Screenshot_20210524-135716_1.png

PREFACE

Caifu Defi is established with a focus on providing solutions to the problems currently limiting the optimization of the Defi system. It is built on the Binance Smart Chain which will help to protect its value and sustainability. It has some unique features that will contribute to the massive growth of the crypto world.

The first listing of its token will be on Gate.io which has the greatest crypto users, this will aid the achievement of its target of becoming a leading global cryptocurrency

The platform is managed by a qualified and experienced team who have great zeal in the cryptosystem and will be audited regularly to ensure its safety and growth. It has a native token (NFTC), which is used for all transactions. The management will supply 1,000,000,000,000 tokens to the community.

IMG_20210524_140608.jpg

CAIFU FEATURES

Centralised Gamify Defi

The Caifu platform is built on the BSC and designed to be a revolutionary NFT protocol that will link-up artists globally in yield farming, non-fungible tokens trading and examined tokenomics activities that will be gainful to the users.

NFT lending

Caifu has an uncommon Defi feature of allowing its users to borrow up to $1000 at a very cheap rate of 1.2%, using NFT tokens as collateral. This feature will help the artists to meet up with emergency pressing needs and also promote the values of cryptocurrencies in the financial market.

Caifu Market

The Caifu marketplace allows easy and safe trading of non-fungible and fungible tokens. These tokens can also be staked to earn more rewards. Users are also allowed to permission less p2p swapping or lending/borrowing of tokens in the platform.

Caifu Rewards

Participants in the Caifu platform are compensated through various mechanisms for their contributions. Such compensation may be earned through referrals, trading, airdrop, lottery rewards and NFT launchpad. These remunerations will encourage and lure more participants for the growth of the platform.

About NFTC Token

The native token of the Caifu community is the NFTC token. It is a BEP-20 token on BSC. A supply of 1billion tokens will be supplied to the community.
127,000,000 tokens will be offered in the presale, the price will be structured to skyrocket with stability, and the remaining tokens after presale will be burned.

Screenshot_20210522-163843_1.png

Caveat

Caifu has only one official website, and is currently not listed in any exchange. Their initial listing will be on Gate.io exchanges. Users are advised to be careful of fake Caifu tokens on fraudulent DEXs and not to use exchange wallet to participate in presale.

The community will give information on their social media handles about the exchanges its token will be listed on as and when due. DEXs like Pancakeswap, Bakeryswap or Julswap.

Token Burn

NFTC tokens realized from the activities of the Caifu community are burned and appropriated for the overall growth and sustainability of the community.

Roadmap

There are sets of programs that are involved in the establishment of the Caifu Defi platform. They are as follows:

Q1 2021

Initiation of the project.

Q2 2021

Institution of project products like crowdfunding, lending/borrowing, Launching of NFT marketplace and DEX and Smart contract auditing.

Q3 2021

Launching of other products like cross-chain integration, mobile App, Extended NFT vault, NFT liquidity AMM, Game development.

Q4 2021

Establishment of launchpad and incubation, Ecosystems development and improvement of system governance.

Questions Frequently Asked

I bought 100k in presale, how much can I trade each month?

Congratulations. You can only trade a maximum of 20k each month.
When is exchanges listing?

Once the presale closes,we will host a startup sale on Gate.io and then immediate listing on both Gate.io and a DEX like Pancakeswap

Which blockchain is used to make NFTC?

primarily it is using Binance Smart Chain, but it will also be using other chains like Magic, HECO, Etherum etc.

What about the Caifu Team? Are they antonymous?

They are group of crypto enthusiasts and developers from Korea, Finland, USA and Portugal. They are opening from their office in Tel-Aviv.

For more information visit :
Website: https://caifunft.com/
Twitter: https://twitter.com/nftc_defi
Telegram Channel: https://t.me/caifuann
Telegram Group: https://t.me/caifunft
Blog: https://leofinance.io/@caifu

About the Author
Bitcointalk Username : Seasleep
Bitcointalk Forum Profile : https://bitcointalk.org/index.php?action=profile;u=2768222

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!