DEGO FINANCE: THE PROTOCOL THAT USES CONSENSUS AND MARKET DRIVE TO DETERMINE THE DIRECTION OF DEFI

Decentralized Finance (DeFi) is no doubt one of the cryptocurrency sectors that try to keep on pushing the potentialities of decentralized transactions.

It is rather ironical that cryptocurrencies that promised to cut off intermediaries are now facing the same issues they wanted to address. Like capitalists in the traditional fiat money ecosystem, cryptocurrency whales are now the financial monopolists in cryptocurrency systems because they have more buying powers than the average cryptocurrency investor would.

Leaving their activities to continue would amount to aiding and abetting overbearing influence of a few investors in the DeFi industry and that wouldn’t be in the best interest of other cryptocurrency investors.

DEGO FINANCE: A RAY OF HOPE FOR DEFI TRADERS AND INVESTORS

If you have been looking for a way to trade Decentralized Finance (DeFi) assets, you needn’t look farther because DEGO Finance has a dedicated protocol that makes it easier for you to trade any type of DeFi asset you want.

It will interest you to know that the dedicated protocol solves most of the issues tenable in traditional DeFi ecosystems. And if you want to be at the top of your DeFi trading and investing game, now is the best time to go about it with the DEGO Finance platform.

FEATURES OF THE DEGO FINANCE DEFI ECOSYSTEM
Since the current DeFi system is fraught with challenges, it wouldn’t be out of place for you to seek for possible ways to scale your investments and trading of DeFi assets.

There may be no better way to go about that other than to leverage the robust infrastructure that DEGO Finance already has in place.

Below are some of the features and potentials of the dedicated DEGO Finance protocol as far as DeFi trades and investments are concerned:

COMMUNITY-BASED GOVERNANCE
The first thing that the DEGO Finance protocol does is to provide you access to the community-run governance system.

Thanks to the unique DEGO Decentralized Autonomous Organization (DAO) that is set in place, you rest assured of being a part of the decision-makers in the ecosystem.

Aside from that, you are also in a position to vote for or against certain projects and decisions brought up in the broader DEGO Finance ecosystem.

BREAKING THE MONOPOLY OF THE OVERBEARING WHALES
Cryptocurrency whales are those investors that have more voting power and financial resources. Most often, these investors tend to initiate pumps of certain crypto assets and when the excitement gets high, they immediately withdraw most of their funds thereby leading to a market dump.

However, the DEGO Finance protocol already tackled that by ensuring that investors do not arrogate more powers to themselves than they should.

What this means is that the DEGO Finance protocol will adopt a unique revenue attenuation mechanism that ensures that every DeFi investor does not exceed a specific amount of funds to be invested when mining coins.

WRAPPING UP
Breaking the monopoly of cryptocurrency capitalists and decentralizing the governance are not only steps in the right direction, but also fast-tracked ways to return control of DeFi systems to the users and investors.
When using the DEGO Finance protocol for your DeFi transactions, you rest assured of being a better position to benefit from all the good tidings that DeFi has to offer.

USEFUL LINKS
Website: https://dego.finance/
Twitter: https://twitter.com/Dego_Fi
Telegram: https://t.me/dego_finance
Medium: https://medium.com/@dego_finance
Discord: https://discord.gg/xJjSJrd
Github: https://github.com/dego-labs

AUTHORS DETAILS:
Bitcointalk Username: Stonechris
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=2661433;sa=summary

POA: https://bitcointalk.org/index.php?topic=5272474.msg55322193#msg55322193