SMART FINANCE: DEFI'S FRONTLINE PLATFORM TO MANAGE THE FINANCIAL GOVERNANCE SYSTEM
INTRODUCTION
The beautiful thing about any platform is when they give the community so much control and freedom over the operations. This is what makes any platform smart and useful on the blockchain. The users of this platform are now very responsible for their finance, taking the leading of this protocol and using the most novel solution that would make products and services available to them. Defi's products and services are now going to be commonly used, available on the platform and making all other services revolve around the system with effective integration into the system in all directions.
ABOUT THIS SMART FINANCE PROTOCOL
Smart is a great platform, decentralized and trustless in the blockchain. The blockchain however contributes to its effectiveness, making smart contracts useful in it and easily making users deploy any at any given time in the community. This platform permits trust and functions as a great platform with direct relationship with multi-sig functionality where necessary deployment and use of cryptocurrencies are ensured.
When taking of this platform, it is not out of place to discuss about the Smart products and staking operations in it. Smart products are provided, made available always and are very effective for their intended uses.
Smart staking as a feature of smart finance is a call for profitability in the market through staking. The outcome of the staking of tokens is the profitability that comes from it, ensuring perfect leverage and the use of non-custodial smart contracts that allows savings and the holding of cryptocurrencies. The market of course may not always be in good form but regardless of that, smart staking makes I possible to take advantage of whatsoever condition of the market for the users profiting.
ABOUT SMART LIQUIDITY MINING
This is the future of decentralization, a feature that expands the trading of crypto assets and makes trading very simple. This liquiy will improve the market, cause a degree of advancement and allow all users to contribute using SMAT which will fetch them so much reward as they make their choices in the market. This also makes provision for double rewards and further contributions which is very much accepted in the market.
Smart lending is another feature that is more like the others. This feature is a traditional finance feature but hasn't been well sustained. This encompasses the collection of loans and the use of crypto assets in such a frictionless way. With this feature, all users will find it easy to borrow crypto asset loans and make their transactions well. Getting the leverage needed to be a part of a new investment or improving the services they get on the blockchain. Obtaining loans will be easy and finding a great leverage will make users glad of their use of crypto assets.
THE NEED TO USE SMARTS
This platform is a completely distributed platform that is very much transparent and decentralized so their can be no issues with the operations performed through it.
It reduce the cost of transactions and ensure the smooth running of all transactions on it by both the experienced and inexperienced traders.
More so, it provides double reward for all the partakers, the incentives is very continuous and effective for motivating the traders. The mechanism has been put in place and it is best for this platform.
The staking on SMAT is however very unique, this is because of the incentive model and how the borrowers and lenders will coexist in this platform. The liquidity in this platform is however unique and can be locked up. There is also room for the sustainability of the mining in this platform for users to have higher yield such that they have more features to enjoy and enjoy other characteristics that is very important. The road map is well laid and there is openess as offered by the team, causing transparency and the improvements of this concept. This also helps to eliminate all risks involved in this platform and builds a semi-anonymous system that is very relevant in DeFi across all of its platforms. This platform would not be held back by issues coming as a result of jurisdiction across different networks on the blockchain but the effectiveness will be seen and the partnership deals will bring good results as it would be established with effective status.
CONCLUSION
This platform should be seen as a great tool in the blockchain, for the services and products that it would be handling, causing users to take caution at trading and having options to choose from as they invest and make researches that makes them acquire more profit from the system. All the risks associated with trading and the use of great DeFi products are now eliminated so its up to the users to take advantage of this platform to grow their finance and use different products.
USEFUL LINKS
Website: https://smarts.finance/
Discord: https://discord.com/invite/rertF5a
Twitter: https://twitter.com/Smarts_finance
Medium: https://medium.com/@smartsfinance
Youtube: http://www.youtube.com/channel/UCp58Zt6o88nj9jH8tKtvzSw
AUTHOR'S DETAILS
Bitcointalk Username: Echefudominic
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2802450
P. O. A: https://bitcointalk.org/index.php?topic=5290318.msg55918079#msg55918079