New projects with outstanding objectives are emerging within the blockchain industry. Most of these projects usually have a strategic plan and framework that makes them peculiar within the market and competitive projects. They often develop new and interactive features or build and improve on the existing ones, and when proven a success, attracts top investors and members of the public to the project. One of the major applications of blockchain technology is Decentralized Finance (DeFi). A handful of the enterprising project develop their network as a DeFi platform and we can state that this is because the financial institutions are among the foremost industries incorporating the technology in their operations and processes. This article contains a detailed introduction to one of the latest DeFi projects in the industry, the Scarce Project.
We will be exploring the practical details of this recent DeFi platform and analyzing most of its essential features and advantages, even as a new network in the blockchain industry and the crypto market. Scarce Network focuses on integrating the use of its token, the SCARCE Token, into the industry, and the crucial role its digital asset will play in advancing the prospects of the project. One significant importance of the SCARCE Token is in offering high quality and efficient DeFi services by providing incredible and excellent solutions, which will eventually resolve most of the existing challenges in the industry.
Decentralized Finance has become the mainstay of most financial operations and traditional banking systems are beginning to adopt the technology due to the numerous benefits it offers. Scarce DeFi is the platform that intends to improve on the current DeFi operations and enhance efficiency. Among the amazing features introduced by this network, the most notable include the Lending Industry and Yield Farming, and the Scarce DeFi network is the leading innovator of these features in the industry. With such reference and position in the market, experts and key players project that Scarce will reach a billion-dollar market cap in 2021.
The Yield Farming service offered by this decentralized finance platform provides various rewards for its subscribers who stake or lock up their assets, and these rewards include USDT tokens. Scarce is a network that depends on the strength of its community and thus, hands over complete authority to the community members for the running of the governing activities, policies, and regulations within the network. It also offers a governance token (ySCR) to its members, who receive rewards for staking them and participation in promoting the success of the project. Users enjoy the flexibility and incredibly attractive earnings through the provision of several reward systems and a dual token economy.
The development team designed the SCARCE network as the next-generation and most promising yield farming service that delivers varied trustless vault choices for subscribers to choose, and thus make locking and staking easy and convenient. This platform is built as a ready and user-friendly environment that allows users to drift into a plethora of opportunities available on the network. SCARCE is the complete DeFi platform for investors interested in decentralized financial investments, as it provides a direct link to all prominent DeFi protocol in the industry, hence ensuring financial freedom and sets users beyond any limitation or restriction.
USEFUL LINKS
Website: https://scarcitydefi.org/
Telegram: https://t.me/SCARCEchat
Twitter: https://twitter.com/DeFiScarcity?s=09
Whitepaper: https://scarcitydefi.org/SCARCE-wp-v0.1.pdf
Github: https://github.com/scarcitydefi/ScarcityDeFi
Medium: https://medium.com/@scarcity
YouTube: https://www.youtube.com/channel/UC4PWIJUEP56PntLdKnAIhzg?view_as=subscriber
AUTHOR'S DETAILS
Bitcointalk Username: Chidoskim
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2652432
Eth Address: 0x4F70c5e328B15825Fa456a4F32fEeF315ba88FDf