Ranger Protocol is An Innovative DeFi platform utilizing smartchain network that allows easy interoperability among the EVM systems of multiple blockchains.

in rangersprotocol •  3 years ago 

Decetralized Finance (DeFi) has made it possible to conduct financial activity oriented transactions on blockchain and with further allowing certain financial applications (Lending, borrowing, staking, yield farming etc.) to run on blockchain, DeFi has changes the market scenario. Blockcahin technology being totally decetralized, DeFi has created a fast, secure, transparent, anonymous and low cost ecosystem for the financial activities to be done on blockchain without any need for third party involvement.

With the more adoption of technology, world is facing a flood of projects that are emerging on blockchain and many of them having their own blockchain that is supporting their platform's coin. So it is seen that now a days majority of investors and traders are holding token/coins that are belonging to different smartchains and blockchains. The problem arises when there is need to transact these different blockchain token/coins with each other respectively. Though the technology is developing rapidly, there are a few platforms that are allowing interoperability of different blockchains so that the users can get mentally and financially relaxation as they can do there needful on a single platform. That will save lots of time and money of the users of the platform.

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Ranger Prortocol

Ranger Protocol is a growing project that is the further improvement of DeFi as it is making sure that everyone can use and take advantages of all the DeFi revolutions regarding its applications and protcols. Ranger Protocol runs on Ethereum platform and has lots of DeFi capabilities. By using an innovative and much liquid smartchain, Ranger Protocol is actively revolutionizing crypto world by making it possible for everyone to join and use the platform to get access to technology growth. This platform has created a best ecosystem for its users to use and grow their portfolio.

Rangers Protocol can realize a high-performance blockchain group with cross-chain contract interoperability among the EVM systems of multiple blockchains. Getting access to all different blockchains, applications and protocols with their respective platforms is a big obstacle in the market. Every different blochain and its protocols have some unique features. So the users have to interact with all of them specifically to take full advantage of DeFi innovations and developments.. This uses much labor and is very time consuming. Rangers Protocol with its innovative smartchain and compatible nodes has solution as this platform allows its users to simultaneously use and conduct transactions on different blockhains, smartchains and platforms so they can get access to all the DeFi innovations as per their requirement. On Rangers Protocol platform the whole world of DeFi is an open source protocol for users with much lower transaction cost and total transparency.

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High Security

User's fund security is the main motive of the platform. We are seeing lots of scams are going on and everyday we listen somewhere the incidence of rug pull as well as DeFi Flash loan attacks. That all is hampering the organic growth of the market since the investors and traders are forced to book loss with such mal practices by the bad actors of the market. Ranger protocol is leading from the front and is committed to provide high security for the users' funds on its platform.

Rangers Protocol uses a consensus system based on the relay chain and a smart contract that verifies multiple signatures deployed on the public chain to ensure users' assets' security. The smart contracts of ranger platform are regularly audited and any such bug or unhealthy activity is spotted and removed in its early stage. The innovative smart contracts of the Rangers Protocol platform don't allow the other smart contracts to directly interact with them and that will not allow the manipulators and hackers to execute their evil practices and thus saving the precious users of its platform against any market odds.

Asset Management

By allowing interoperability and low cost transactions with high security, Rangers Protocol is much helpful for the users to act immediately and do transactions with fast speed even in different platforms and smartchains. The crypto world is much sophisticated and to stay and gain in this highly volatile market, it becomes necessary to get access to all platforms with different blockchains on a single platform. Rangers Protocol platform is doing the needful. Also it has a solid support system which is actively working 24/7 for its participants and the abundant of knowledge is given and experienced are shared on the platform to act positively and in a best way to avoid any loss.

High Scalability & Immutability

When there are sudden pumps and dumps in the market, the the need of the hour is to execute transactions frequently and with high speed while paying low fees. That will help the users to take action timely action to avoid losses and book profits. Rangers Protocol integrates an efficient VRF+BLS consensus mechanism to solve the problem of high-frequency trading. This platform is providing full transparency while executing the transactions on the platform. The smartcontracts of the platform will allow to execute the transaction only when certain conditions are met and once the transaction is executed, the innovative nodes of the platform are creating blocks that are storing the detailed information of executed data and save it on blockchain. Rangers Protocol produces a block every second. It minimizes the possibility of network congestion and reduces usage costs. With this high scalability feature, the transactions are executed and confirmed on blockchain with very fast speed even when there is congestion in the market.

The transactions executed are saved on blockchain through the blocks created by the innovative nodes of Rangers Protocol. And the best part is that is executed and confirmed transaction detail is always present in a distributed ledger on blockchain where anyone can see the authenticity of the executed transaction. That will curb the manipulators & hackers and will not allow them to alter the data and use it for their personal interest.

Innovative Team with sound RoadMap

Rangers Protocol is created and led by an innovative team that is well educated and has lots of experience in different fields of blockchain technology. The project team has executed lots of good partnerships and has a solid army of supporters that are helping the project to get good hype in the market. Once the project gets hype in the market then more and more people join and learn about the fundamentals of the project. That will create more traffic and as such more transactions will generate more liquidity on the platform that will further help to conduct transactions immediately on the platform since with more liquid platform, you are not bound to wait for longer time to ececute the transactions.

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The innovative project team is having enough knowledge and resources to develop and execute the current & future growth strategies for the systematic and organic growth of the platform. This platform is moving towards achieving its goals and is having a well developed RoadMap.

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