If you have been in the cryptosphere for a while, you may have heard of Pitch Finance and Flocki Finance. This article will give you the details of their merger into PAF DAO.
Pitch Finance offers value to Crypto enthusiasts by helping them build, buy, sell, trade, any kind of asset, token, and NFT in diverse blockchains. On the other hand, FlockiFinance stands as the first multi-chain marketplace for NFTs. Crypto enthusiasts and traders can buy, sell, trade, and even swap any NFT on any blockchain they desire using one platform. With these two projects coming together to merge into one ecosystem; greater efficiency will be achieved for Crypto users.
We can say that the merger between FlockiFinance and Pitch Finance will take place in a short while, maybe even before the end of the year. Pitch Finance and FlockiFinance have agreed to merge their protocols into PAF DAO. The CEO of FlockiFinance and Pitch Finance- Poletaev Andrey sees this merger as a milestone that will bring the best for the communities involved in the project and other Crypto enthusiasts. One can only imagine what this two will achieve when they bring their platforms into one ecosystem. Asides from the reduction of usable energy in the ecosystem, the two projects will also provide greater efficiency for Crypto users.
Pitch Finance is an open protocol that makes it easy to create, buy, sell and trade any kind of asset on any blockchain. FlockiFinance is a fully decentralized multi-chain marketplace for NFTs (non-fungible tokens). Crypto enthusiasts can buy, sell, trade and swap NFTs on FlockiFinance using different blockchains. The two projects have agreed to merge their protocols into one: PAF DAO.
The new ecosystem will be called PAF DAO. The CEO of Pitch Finance and Flocki Finance - Andrey Poletaev sees this merger as a milestone that will bring the best for communities involved in the project and other users of Crypto market.
This article was made as part of my participation in the @indorseio bounty campaign. I am receiving IND tokens for making this post.
If you invest in stocks, you can buy and sell them. You can also do things like track the value of your stock holdings, or read news about companies. But if you want to sell two stocks, you have to find a buyer for both of them, or agree to some other kind of swap, such as selling one stock and buying the other.
The same is true for cryptocurrencies. If you want to trade one for another, or for a token or an NFT, you have to find someone willing to take the other side of the transaction.
And that's where PAF DAO comes in. It's a decentralized exchange where people can trade any pair of tokens they want.
So if instead of swapping one cryptocurrency for another, you could swap it for a token representing something else of value (like US dollars), it would be much easier to buy and sell things using cryptocurrency.
For More Information :
Website: https://www.pafdao.com/
Telegram: https://t.me/PAFDAO
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Facebook: https://www.facebook.com/PAFDAO
Instagram: https://www.instagram.com/pafdao/
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