STARTER INFORMATION
Despite the insurgence of coronavirus, with strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Swan Finance, a platform that allows you as a crypto user to be able to use DeFi features more easily and safely has arrived.
"One of the main features of blockchain is that it removes the need for a trusted intermediary and makes peer-to-peer transactions possible. When Blockchain is applied in the financial services industry, it could render useless the fee-charging intermediaries such as custodian banks (those that transfer money between different banks) or clearers (those vouching for counterparties credit positions).
Blockchain offers better capital optimisation, due to a significant, reduction in operational costs for banks. In addition, when banks share a blockchain, the total costs of that blockchain and the surrounding ecosystem might be higher than individual costs of managing transactions at a bank. However, the costs are shared among all participating banks and as such, there is a significant cost reduction."
With that being said, SwanFinance offers an easy to use interface for earning interest, while SwanCredit provides a decentralized platform for peer to peer lending.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is Swan Finance?
As depicted above and as indicated on the official website of Swan Finance, Swan Finance is a platform that allows you as a crypto user to be able to use DeFi features more easily and safely. It is a platform that will connect centralized and decentralized finance, making it more user-friendly for users. Swan Finance's solution is to provide financial services with various and innovative features that allow ordinary or professional users to be able to use the service easily without the need to be complicated.
Swan Finance provides a platform that allows users to get interest easily, and peer to peer lending services that allow people to borrow or lend their assets with collateral. It is a platform that will benefit all parties involved in it.
Swan Features
Swan Credit
Allows users to get secured loans or lend their assets with attractive interest rewards.
Swan Exchange
An exchange platform that allows users to exchange their crypto assets for various other cryptocurrencies. This is an exchange platform with margin trading.
Swan Investments
Allows users to invest in startups by crowdfunding.
Swan Wallet
A digital wallet designed to secure all user assets stored in it. This is a wallet that is integrated directly with Swan Finance which allows users to get interest and store their assets easily and safely.
Swan Trade
A cryptocurrency trading platform featuring AI trading bots and following the trades of other users.
Swan Pay
Allows users to make payments with SWAN tokens or other cryptocurrencies.
Swan Security
Security is a concern for crypto users lately because there have been many cases of breaches of crypto platforms. That's why Swan Finance keeps users' wallets safe and secure. Swan Finance places the user's crypto asset in a cold wallet until the user needs it to transfer or withdraw.
Swan Finance has also designed a system whereby users' wallets are secured in various ways, for example by verifying the user's identity from login to withdrawal. This is to guarantee that any activity that the user performs is not someone else.
*About The Swan Token8
This is a token issued by the Swan Finance platform. This is Swan Finance's native token designed with the Ethereum Blockchain ERC-20. This token will later be used as a reward or access to get higher interest, for example up to 20% APY on SWAN tokens and up to 12% APY for other cryptocurrencies.
Tokenomics
Token Name - Swan
Token Ticker Symbol - SWAN
Issuing Entity - Swan Finance LLC
Token Total Supply - 50,000,000,000
Token Contract Address - 0xadCc610F96c386d78f68b7f0a04e3a7C8fF94fF8
Token Distribution - Token Sale
Token Price for Token Sale - $0.001 each
ERC20 Token Smart Contract - Audit Audited by Certik.io
Token Allocation and Use of Funds
RoadMap
The Incredible Team
For more information, please visit:
Website: https://www.swanfinance.io/
Whitepaper: https://swarn-website-assets.s3.us-east-2.amazonaws.com/docs/Whitepaper_1.2.pdf
Facebook: https://www.facebook.com/swanfinance.io
Twitter: https://www.twitter.com/swan_finance
Telegram: https://t.me/swanfinancechat
Instagram: https://www.instagram.com/swanfinance
LinkedIn: https://www.linkedin.com/company/67974539/admin/
YouTube: https://www.youtube.com/channel/UCBjyiLVoLwUHKGlLsVSVBWg/featured
Bitcointalk Username: Cryptoholical
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2487106
Telegram: @Cryptoholical
ETH Address: 0xF3f7b9c45864006DBd1571De53d5847C0d11438c