INTRODUCTION
This platform focuses on reward distribution, providing multiple rewards for users and also seek to take full control of the blockchain community through its governance system which way be used in the entire operation. It offers a governance token which would be used in staking and gaining access to the community as users partake of the innovation and achieve success in it. Scarcity Defi as a new project fully represents a yield farming service and now uses a dual token system which makes room for multiple reward which makes the entire services in this platform very simple and flexible. The multiple reward mechanism makes the platform very attractive to users and adds a great degree of value.
ABOUT SCARCE
This platform is all about yield farming for both enterprises and individuals on the blockchain, to make them get more yields from their staking and locking of their tokens through the use of the provided trustless vault options that is available to users and the readymade environment that makes it possible. Also, the team behind this platform has made provisions to make users enjoy the future benefits that includes improved services and all kinds of solutions which covers decentralization and the use of all of Defi's protocols to bring about financial stability and freedom for all the users. This Financial protocol on Defi is also connected with other leading protocols, reaching all the users and making them overcome all financial limitations as best as they could possibly do.
FEATURES OF SCARCE PLATFORM
Multiple farming reward is offered by this platform for staking users. The farming process will involve the use of the LP token and pairs of the SCARCE token for any user to earn their reward. As the users stake, they will earn different coins including USDT, UNI and also YFI.
This platform operates by two tokens on the blockchain. It used a SCARCE token and ySCR token which differs in their functions. Even though both of these tokens are ERC20 tokens, ySCR is used as a governance token while SCARCE is the default token which also served the commercial function for the users in the platform. There is a limit to how much of these tokens would be supplied to the community and they are also both available in the market, available to be staked and used to get quality services.
This platform uses SCARCE model to unveil a unique aggregator for the uniswap market, providing a unique pair for SCARCE and making it possible to exchange the token and have only limited pairs for instant exchange. As for this period, it would be limited in pairing option but users can later vote to have it paired with other tokens.
CONCLUSION
This platform will not operate like the traditional banks in the process of lending and borrowing in this platform, it will easily make anyone who wishes to lend a lender very easily. For the borrowers, they can easily make use of smart contracts collateralized loans and get their loans on SCARCE platform. When they do this, lenders will easily get interest and both parties would gain anonymously.
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