Udego Finance-Reinventing Decentralised Finance on Binance Smart Chain
?Abstract
Non-fungible commemorative or generally shortened as NFT is a protocol that helps content generators to be suitable to secure their digital content on blockchain technology. By using this protocol, it allows happy generators to be suitable to trade their content on a wider request and also allows them to be suitable to secure their power of the digital content they launch because NFT is a veritably good protocol to be suitable to secure stoner power of digital content.
The trend of NFT has increased in recent months, this is because numerous content generators have promoted this protocol on their social media.
ABOUT UDEGO FINANCE
Udego Finance is an Automated Request Marker on Binance Smart Chain, We offer a liquidity pool model, Druggies add token dyads to the liquidity pool and earn sale freights from others who change their commemoratives using the pool. We've seen fashionability due to the speed and low cost that Binane Smart Chain offers. Our cryptocurrency is called UDEGO, you can fluently buy and vend it on DEX, you can also change other commemoratives for UDEGO using our exchange and liquidity pool.
Udego Finance has the implicit to produce entirely new fiscal requests, products and services. A fiscal services ecosystem that's transparent and available to everyone.
Udego Finance doesn't calculate on institutions similar as banks to act as interposers, and courts to give arbitration, We don't need interposers or judges.
The law dictates the resolution of any controversies that may arise, and the stoner maintains control of their finances at all times. This reduces the costs associated with furnishing and using these products and allows for a further disunion-free fiscal system.
WHY CHOOSE UDEGO FINANCE?
Udego Finance provides numerous benefits when compared to traditional fiscal services.
Through the use of smart contracts and distributed systems, planting fiscal operations or products becomes much easier and safer.
1. DECENTRALIZED Operation (DAPP)
Udego Finance runs on a P2P computer network rather than a central computer.
2. SMART CONTRACTS
A digital agreement that mediates the exchange of cryptocurrencies (or other digital means) between two parties.
3. Translucency
Distributed tally containing information about all conditioning taking place on the blockchain network is participated by everyone.
4. SAFE & SECURE
Checked by reputed assiduity professionals like CertiK incorporating security platform vulnerabilities
EXCHANGE
Udego Finance uses the model to produce a pool of liquidity commemoratives that druggies can pierce to exchange, Druggies don't trade as generators or takers but rather interact with Anyone can start furnishing liquidity by depositing a brace of coins of the same value.
In return, liquidity providers admit LP (liquidity pool) commemoratives which act as bills for their share of the pool. These LP commemoratives are burned when reclaiming your commemoratives. You can also make it available for use in yield husbandry, where your costs are constantly being reinvested in the pool to add to your interest.
Udego FINance's AMM model rewards liquidity providers with a0.17 figure which is distributed proportionately grounded on what's handed. the price of the commemorative isn't determined through the order book but through a formula known as the Constant Product Request Maker.
Husbandry
? Collect and earn incitement prizes from AMM, videlicet Cutlet commemoratives from PCS.
? The beginning trading freights of the pool
? Incitement prices are paid in platform mate commemoratives (in featured pools).
Original Liquidity Pool (LP) for tilling UDEGO commemoratives
Price multiplier
UDEGO-BNB
UDEGO-BUSD
UDEGO-USDT
领英推荐
STAKE
Staking the “ UDEGO” Commemorative involves locking up means for sharing in sale confirmation on a evidence-of- stake blockchain, with a fiscal “ price” awarded in the form of different Commemoratives. It offers an volition to digital means to induce returns in moment's low or negative interest rate terrain.
UDEGO bets to get new commemoratives, you can cancel bets, and Prices will be calculated per block.
Betting Pool
UDEGO POOL
BNB POOL
BUSD POOL
LIQUIDITY POOL AND INCREASE LIQUIDITY
The udego Finance liquidity pool allows you to give liquidity by adding your commemoratives to a liquidity pool or “ LP”.
When you add your commemoratives to the liquidity pool, you'll admit Flip commemoratives.
The number of FLIP commemoratives you admit represents your share of the UDEGO-BNB liquidity pool. You can also redeem your finances at any time by clearing your liquidity.
HOW TO BUY
Download MetaMask or TrustWallet
Once downloaded, you have to add Binance Smart Chain to your network list.
?? Buy and shoot BNB to MetaMask
Buy BNB on exchanges (eg binance, Kraken, Coinbase,etc.) Transfer commemoratives to your MetaMask portmanteau address. BEP-20 addresses start with"0x"
Open PancakeSwap and exchange for UDE
Click then to go to PancakeSwap or use this address to elect UDEGO. set the slippage forbearance to0.5 – 1 ( occasionally it can be more, depending on the number of requests)
- See UDE and HODL
Exchange BNB for UDE. Next you add UDE to your MetaMask or Trust Wallet to view your UDE. Last HODL!
Learn More:
Website: https://udego.finance/
Whitepaper - https://udegofinance.gitbook.io/udego-finance/
Twitter: https://twitter.com/UdegoFinance
Telegram Official Group : https://t.me/UdegoFinance
Medium: https://medium.com/@udegofinance
Author :
Bitcointalk username: sajedul islam
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=2780065
BSC wallet: 0x3492f5a4C3D3764aDA5f4a17d7c8B575b5A99AD4