DeFiXy - The future of Decentralization
#defi #DFX #Trade
Introduction:-
Recently we have been hearing about "DeFi" a lot. Many people get profit with this DeFi. But what exactly is DeFi? To make it simple DeFi stands for Decentralized Finance is the merger of traditional bank services with decentralized technologies such as blockchain. Usually in this ecosystem consists of several applications which are usually based on Ethereum. In this ecosystem, there are several features such as savings and checking accounts, loans, asset trading, insurance, and many others. These features allow people to maximize their profit in the cryptocurrency market.
DeFi is an evolution of blockchain technology. DeFi makes blockchain features more applicable to complex financial cases. DeFi extends the functionality of the blockchain and makes it even better. That is why DeFi has caught the eye of crypto enthusiasts and is one of the fastest-growing sectors in the cryptocurrency market.
1) The future of Decentralization:-
The development of the DeFi sector in the cryptocurrency market starting to attract many people to be able to implement this DeFi protocol on their platforms, one of which is DeFiXy.
DeFiXy is an amazon-like platform for Crypto Assets and products. This platform will bridge the gap between fiat and crypto and make it better for users. DeFiXy will solve some problems regarding fiat and crypto, for example, such as the difficulty of users who do not have crypto knowledge to explore crypto and the features available in it.
The DeFiXy platform will be a user-friendly and user-friendly P2P exchange that supports the majority of assets and fiat and provides financial services that users can rely on. Not only that, DeFiXy will empower sellers and buyers with a P2P Market that provides various solutions for users who have no prior crypto experience.
All the features and experiences provided by DeFiXy will be decentralized and prioritize the comfort and experience of the user. So that DeFiXy can provide a better crypto experience to technical and even non-technical users.
The Solution - DeFi:-
DeFiXy ensures that users get the best DeFi service. Therefore DeFiXy intends to ensure that depositors of funds enjoy great ROI and the borrowers don't pay more than what they would in traditional banking systems. Therefore DeFiXy presents the DeFiSystem Dual-rewards, a system that ensures that both categories of users enjoy competitive rates.
In Conclusion:-
DeFi is a movement that is starting to oxygenate the cryptocurrency market. DeFi allows people to run traditional financial instruments on decentralized networks like Ethereum. This is a protocol that is very popular with Crypto fans right now. DeFiXy with its various features and DeFi solutions wants to present an `` Amazon-like Marketplace for Crypto-Assets '' platform that allows people to be able to connect with the benefits of crypto easily and conveniently.
Defix Network:-
Defix is a very comprehensive, innovative, deflationary, hybrid DeFi platform that making swap/lending system for decentralized cross-chain platforms that work simultaneously on Ethereum, Binance Chain, Polkadot networks.
Defix will build a hybrid mainnet. Some of the tokens will remain in the Ethereum network. Some of them will be in the Binance Chain and Polkadot Network. In other words, a 3-layer hybrid econometric, including Ethereum, Binance Chain, and Polkadot, is designed.
Deflationary Mechanism:-
Defix platform aims to protect and increase the strength of your assets with its deflationary approach. In this context, it tries to achieve this with its staking and deflationary functions.
1- Coin Burn: Defix Network Token burns at a rate of 6% on every wallet-to-wallet transaction. This process is designed to continue until the circulating DEFIX supply reaches 25% of the total supply. This means that 25 Million DEFIX Tokens will be left. There is no specific time limit for this situation.
2- Buy-Back and Burn: In the first week of each month, 10% of the buyback fund will be used for a token buyback and these tokens will be burned. In this equation, 20% of the presale fund will be used in this way for the first 10 months. This process will continue until the funds held in the buyback fund at the rate of 20% expire. Every action taken will be shared with the community in monthly reports transparently and this process will be completed in 10 months.
Defix Platform:-
There are 7 functions that Defix Network offers to the ecosystem in general terms.
- DeFi
- DEX
- DAO
- Staking
- Mobile Application
- Hybrid Mechanism ( Ethereum- Binance Chain-Polkadot)
DeFiXy Protocol Token:-
DeFiXy provides a token which is named DFX token. It is a utility token whose functionality is heavily dependent on its native token. DeFiXy will issue a supply of 100,000,000 (100 million) tokens. The following is information from the DFX token;
Token Name: DeFiXy
Token Ticker: DFX
Token Type: ERC20
Decimals: 18
P2P MARKETPLACE:
So let's go back to one of Mark Cuban's answers; What makes a good or asset easy to use or
Friction-free or widely adopted? Of course, the ease with which the asset is accessed plays an important role in its
adoption. Think about it, merchants who have online outlets do better than those who only operate
outside physical locations. Buyers are likely to sponsor items that are available in online stores.
like Amazon and Ebay than those that can only be obtained in physical locations.
Defix Token Metrics and Token Econometrics:-
Many people keep asking us about the sale and DEFIX token number.
DEFIX token economics are explained in our whitepaper. With the upcoming token sale in mind, in this blog post, we want to explain to the DEFIX token metrics again.
Token metrics
Token symbol: DEFIX
Total supply: 100,000,000 DEFIX
Token allocation and lock-ups
1- Pre-sale:50.000.000 %50: Unlocked
2- Team: 10.000.000 %10 :Locked for 1 year
3- Uniswap:10.000.000 %10: Unlocked.After presale will be added Uniswap
4- Application &Community rewards: 4.000.000 %4: vested for 27 months, with 2 months lock and 4% release every month after that.
6- Soft Staking: 8.000.000 %8: vested for 28 months, with 3 months lock and 4% release every month after that.
7- Staking Fund: 12.000.000 %12 vested for 42 months, with 2 months lock and 2.5% release every month after that.
8- Marketing:& Exchanges: %6: Unlocked, but the address is available for the public, and any transfers from this wallet will be announced in advance.
Team Tokens — will be used for project development, encouragement and operational costs.
Application & Community Rewards — will be used to reward the project community. Active members will be encouraged for participation in testing, creative contests, new ideas, bots development, and supporting Defix Network community.
Soft Staking — DEFIX token will be listed in quality CEXs in the coming period. Upon the agreement we will make with these exchanges, DEFIX owners can transfer their tokens to these exchanges and easily staking.
Staking — Users will be able to stake using the Defix Staking portal. Staking rewards will be distributed monthly.
Marketing& Exchanges — Tokens are used for project promotion and various marketing activities.
IMPORTANT ADDRESS AND LINK:-
DeFiXy Protocol’s Official Emails:
*Website: https://defixy.com/
*Whitepaper: https://defixy.com/whitepaper
- BitcoinTalk ANN: https://bitcointalk.org/index.php?topic=5284560
- Medium: https://medium.com/@DeFiXy
- Github: https://github.com/DeFiXy
- Twitter: https://twitter.com/DeFiXy_Protocol
- Telegram: https://t.me/DeFiXy
- Discord: https://discord.com/invite/5dffAwM
- Youtube: https://www.youtube.com/channel/UCoL-MU52k4exggP5WKFkPeg
AUTHOR BY:-
Amit pawar
. Bitcoingtalk username: Pawar@@1996
. Bitcoingtalk profile link:- https://bitcointalk.org/index.php?action=profile;u=2794812;sa=summary
Twitter profile link:- https://mobile.twitter.com/amitpawar74
ETH ADDRESS:- 0x726b326e61b5ce3d08e04cac70805b8d440b6b88