INTRODUCTION
This platform has emerged based on the need on the blockchain to have a financial revolutionary platform which is capable of providing necessary services and yield from investments of users. Scarce is designed to fulfill this needs and improve staking as well as aiding the borrowing of asset loans to both individuals and enterprises.
ABOUT SCARCE PLATFORM
This platform provides a medium for used to get services that would outrightly improve their finances as it represents a next generation yield farming platform that encourages staking and locking of asstes for better yields. It is also making use of its protocol to provide various vault options for enterprises. It is built to serve both now and in the future as a very strong network with complete solution to low quality financial services, making users have new solutions to enhance their financial Investments and easily connect to Defi and all the products that can be found in it.
SOME FEATURES OF SCARCE NETWORK AND THEIR IMPORTANCE.
The lending and borrowing features is a very good way for users to engage and earn interest. This makes anyone with enough assets lenders on their terms. Scarce avoids the old style of going about this by including smart contracts in this process. This option has now become very easy to be a part of loaning services and through it, lenders will earn interest from the money they loan out, providing anonymous services and borrowers will easily find collaterals to use and also repay the loan easily.
The ySCR Governance token is a big feature in this platform. It is very limited in supply as just 1800 of the token would be supplied in the community. This token is used as reward for those users who contribute liquidity to the network through staking in the farming process through USDT. Each users adding liquidity this way will earn this token as reward monthly until the maximum capacity is reached. This token will be listed in centralized exchange for the sake of its use and through it, it will be possible for users to vote and decide what happens in the platform.
There is an NFT insurance in this platform, helping the token to thrive and also protecting the investors in it to be consistent as the economy is being powered. There is a guarantee for reward and users can easily make use of the insurance token, paying rewards and having exposure to a wider audience that can be profited by the scheme. NFT as the insurance token will be traded in the open market for all users to participate in and also expand the market.
CONCLUSION
This platform forms a dual token model because of the way two tokens are involved in the operations in its community. This is a special type of project to be launched into the market to use both SCARCE and ySCR token. Each performs different functions in the market and they both have independent values as they help users get acquainted to the platform when they hold both tokens.
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