Introduction
We believe that there is still a lot of room for improvement in the current DeFi lending space. Most of the popular DeFi lending protocols, including the likes of Aave and Compound opt to follow an overcollateralized lending approach, requiring borrowers to deposit crypto-asset collaterals many times worth the loan amount. Such practice, combined with high gas fees while dealing with Ethereum based protocols not only reduces their overall available liquidity but also exposes them to the high risk of collateral liquidation in the event of very high short term market volatility.
Paxo addresses these issues by providing instant, permissionless undercollateralized loans at sustainable rates to the community. Such a feat is made possible by our transparent and flexible balanced profit and risk distribution system capable of issuing loans of up to 5x the collateral value while offering attractive, sustainable rates of return to lenders investing in the protocol.
What is Paxo Avengers?
Paxo Avengers is one of the most popular Paxo Finance ambassador projects with the diverse skills needed to contribute to product development and the growth of a platform that can provide convenience for every user.
the project team is passionate about supporting a community with an understanding of blockchain technology and the DeFi space, content creators and social media influencers, multilingual translators, testers, developers and above all fans who believe in Paxo visits.
They will play an important role in the development, promotion and adoption of Paxo Finance by taking on the task of:
- create awareness about the project
- create, and distribute posts
- multimedia content in multiple languages
- organize webinars, events and meetings
- social media outreach
- Translate content and spread the word..
Paxo Avenger is a three-step process.
Completion of the Ambassador application form
The first step towards becoming a Paxo Avenger is by proving you are worthy to hold the mantle. Participate in this engaging quiz available at this link to clear the first obstacle.
Paxo Avenger Hunt
With the first obstacle out of the way, it is time to embark on a quest. The Avengers’ quest will require you to :
The Final Showdown — Enlist as an Avenger
The enlistment process is the final step in becoming part of the Paxo Avengers Ambassador Program. Selected participants from the application process will be interviewed by the Paxo team.
Those who pass the interview will be officially inducted as Paxo Avengers. They will be assigned roles and bestowed with honours and privileges for their contribution to the project and the community.
Conclusion
If you feel you are one of those people who can rise to the challenge of driving DeFi adoption among the greater ones, then also, Paxo Avengers plans to play multiple roles in the ecosystem to realize Paxo’s vision of fair money and prosperity. They will be the interface between the Paxo blockchain protocol and the crypto community. This is a privileged position that can allow them to work closely with the creators of Paxo Finance for the future of DeFi while creating awareness of its superiority among the masses. join us right away and support this project to a huge success in the crypto market!
Paxo Finance is ideal for regular and expert on-chain margin traders to maximize returns from long and short positions.
For information about project
- Website: https://paxo.finance/
- Twitter: https://twitter.com/paxofinance
- Telegram: https://t.me/paxofinance
- Medium: https://medium.com/@paxofinance
- GitHub: https://github.com/paxo-finance
Username: Ozie94
Profile : https://bitcointalk.org/index.php?action=profile;u=2103066
BSC Wallet Address : 0xEfd7255D5b89Ceffa7d0E297b556286C143e779B
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