Introducing Smarts Finance
With little introduction to my personal point of view on this project, the full details would be explained fully on the website: https://smarts.finance/ that could clearly narrate how the platform is being configured as well. In this article I will specifically base on the key features of Smarts Finance including some important aspect.
Smarts is an ecosystem of decentralized financial services designed on flexible technologies with
collective user management and control. Users’ activities and interactions in the system are mechanized
using the native platform virtual governance token “SMAT” to oversee ecosystem functions and
intercourse.
Smarts Finance
SMAT is utilized in economic incentives, governance, and their respective decision-making actions
and impacts, it is the basis of reward for various kinds of product engagement and contributions. In
governance, it represents the fundamental unit of influence and participation.
Smarts products include but are not limited to DeFi services such as staking, lending, farming, mining,
and governance, with goals to continually develop new products and opportunities that will benefit
users and the niche space as a whole.
The platform technology framework is configured in a way that allows its adaptability to different
system components and integrations. Well-audited contracts ensure the security, reliability, and
safety of available products and their usages. The core value of functional offerings revolves around transparency and security, with an ambition to operate in the most trustless and secure manner.
Security platform
In this aspect we target to guarantees every investors fund to secure and be safe in which trading or during conversion. The most important questions asked by many individuals is the security aspect, asking ‘how secured, protected is the platform?’ I will say yes because protecting investors funds is our priority and strength which is our key factors, with this we have decided to deploy different many security layers that is unparalleled server-side-security, hardware wallet storage and highest level of protection against any phishing and malicious activities and DDoS threats.
Presently there are many features to unlock on our platform which I would love you to visit the website to get more information and keep yourself acquainted with our features, this would greatly lead you on how to communicate with the team members, and the best way you could purchase our token from the Smarts Finance website.
There are many exchanges that poorly went down due to lack of security. Most securing precaution could have been prevented by taking some simple majors to make sure it is not penetrated or breached. The important aspect of security is to protect investors funds to make sure the trust between investors are kept in agreeable manner without conflicting. Today Smarts Finance will be innovating and rendering these majors to make sure security and transparency is our point of interest, with this we are sure that our team member has the experience needed to make it work perfectly without running into problems. Furthermore, we aim to ensure that we follow the industry best practices wen it comes to security and Data infrastructures.
Our Vision
Decentralized finance on the blockchain is a very interesting concept with many positives. However, decentralization has also given room for ill-minded players and projects to exploit some of its downsides by gaming the need to trust certain usage and operations. Having gone through a series of good and bad crypto investment experiences ourselves. We want to improve on the bad sides by creating a system that eradicates the need to trust. DeFi early phase also means there are many areas to improve product offerings, with this, we conclude to work around existing products but with
different operating dynamics for the sole purpose of contributing to the DeFi growth and make a positive impact.
SMAT Token
The Smarts ecosystem, governance, value creation, and reward distribution will be overseen with the
use of the platform SMAT governance token. SMAT is an ERC-20 standard token initiated and built on
the Ethereum network. It is the basis of value transfer and generation. SMAT is a tradable token and
will be available for trade on decentralized and centralized exchanges.
The usage of SMAT will take many known dynamics and utilization.
In Governance: to vote or create a proposal, an account must have a voting weight it
commands. This weight is generated in the form of sSMAT (strength of SMAT) which is a
product of staking and lock-up function of the SMAT token.A Basis Of Fee Generation: all concerned products and operational fees (staking, mining,
lending, trading, governance) will be charged in SMAT for different utilization. For trades
on AMM exchanges like Uniswap or Balancer, 0.4% of a trade amount is charged for
every buy and sell order. This fee will gradually accumulate in the Treasury wallet and will
be utilized in added incentive distribution and buybacks. Other product fees and their
percentage are referenced in their respective section of this paper.In Reward Distribution and Incentives: to compensate the users and movers of DeFi
concept and our products. SMAT will serve as an incentive vehicle by which users are
compensated for their interaction and contribution to the platform.
CONCLUSION
Security and Liquidity have been the paramount features that define and categorize exchanges into small and large tiers. Smarts Finance is taking, they would be ranked among the best platform that aimed at bringing transparency to the cryptocurrency and blockchain industry. Investors in the long run will also benefit by just holding Smarts Finance Tokens in their wallet.
For more information:
Website: https://smarts.finance/
Twitter: https://twitter.com/Smarts_finance
Medium : https://medium.com/@smartsfinance
Telegram : https://t.me/smartsfinance
YOUTUBE : http://www.youtube.com/channel/UCp58Zt6o88nj9jH8tKtvzSw
DISCORD: https://discord.com/invite/rertF5a
Author
Bitcoin profile link: https://bitcointalk.org/index.php?action=profile;u=2851202
Bitcoin username: BryanJohn
Proof of authentication: https://bitcointalk.org/index.php?topic=5290318.msg55617064#msg55617064
Eth: 0x4d26509267465685D4d51a00FE7BC14764D216fe