INTRODUCTION
Decentralized finance has brought so much improvement in the financial industry, eliminating the ambiguity of centralized financial platforms, besides that, DeFi proffers the much needed transparency, anonymity, cost effectiveness and reliability of transactions.
Over the years, we have witnessed a number of DeFi projects make their way into the industry, proposing various services and applications that could facilitate a seamless adoption by users and integration of this financial approach into the society.
However, several of these projects hardly made it out of the preliminary stages, a lot others turned out to be scam projects solely designed to defraud investors of their hard earned funds, some lack proper documentation while others were not appropriately designed to attend to the needs of DeFi subscriber, well this issues have lingered for too long.
Smarts Finance is definitely the way out!
SMARTS FINANCE - THE INNOVATIVE DEFI SYSTEM
As opposed to other DeFi projects, SMARTS FINANCE is undoubtedly the game changer for users and investors alike to attain maximum benefits through active participation in the products and services of the network.
Smarts finance is an advanced DeFi substrate which proposes the utilization of the immutable blockchain technology for the creation of an innovative money market within the Etherum network while focusing on the community to attain consensus.
With cutting edge tools and its infamous ''smart protocol'', this platform is developed to be sustainable, adaptive, user-focused, simple to use and cost effective.
DeFi services offered by the Smarts Finance network includes staking, lending and borrowing, decentralized governance and even liquidity mining.
Why choose smarts among the various other projects out there?
For a lot of reasons, Smarts is a much more advanced and multi purpose money market organised to facilitate short term borrowing and lending, high quality debt with average maturity of not more than one year.
Furthermore, the network provides staking, borrowing, lending as well as liquidity mining for all holders of the platform's native currency, Smat token in a very convenient manner.
The idea behind the network's development is to create an opportunity for non -interest yielding digital asset owners who seek an avenue to increase the value and earn big on their digital assets holdings to have that reality. Also it creates a connection between potential borrowers who desire to utilize borrowed assets for further investments and asset lenders in a very seamless and decentralized market situation.
THE SMAT TOKEN
An Erc20 complaint native currency based on the Etherum blockchain and designed to function as the governance token of the smarts finance network.
The SMAT token will confer in its holders the right to make changes in the governance protocol by proposing or voting on proposals.
It will also be used as a tool for staking, the network provides different staking pools for users to increase their earnings and add more value to their assets.
Furthermore, the token will also be deployed as incentives for liquidity providers within the substrate, other perks attached to the platform will be fully accessible to holders of the smart token.
CONCLUSION
SMARTS is the new frontier for decentralized finance, unlike other DeFi projects, smart offers an array of services that will keep users and investors interested, active and loyal within the network.
With its staking, borrowing, lending, governance and liquidity mining products, users can add value and benefit optimally from their digital assets holdings.
Also, the Smat token which is the governance currency of the platform forms the basis for every transaction within the network, giving holders the full right to have a say on the network's direction of development and enjoy other privileges as well.
USEFUL LINKS
Website : https://smarts.finance/
Twitter : https://twitter.com/Smarts_finance
Telegram : https://t.me/smartsfinance
Discord : https://discord.com/invite/rertF5a
Medium : https://medium.com/@smartsfinance
Youtube : http://www.youtube.com/channel/UCp58Zt6o88nj9jH8tKtvzSw
Proof of authentication: https://bitcointalk.org/index.php?topic=5290318.msg55933531#msg55933531
AUTHORS DETAILS
Bitcointalk Username: Gopalwu
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2759913;sa=summary