Hello Everyone!
Hope you are doing DeFi! Wait! isn't it should be Good? Why I said DeFi?
It is the DeFi world now and everywhere in crypto space you will see and hear about DeFi only.
But for a few, there could be a question, what is DeFi?
To explain in simple words, DeFi is a Decentralized Finance system. In simple words, blockchain is suitable for ledgers and DeFi is more suitable for financial transactions. DeFi is used for complex financial use cases and for problem-solving around it.
A variety of financial applications that are cryptocurrencies related, can come under one roof called DeFi to get intermediaries financial disruption.
Having said so, it is very important to govern a system even though it is secured, transparent, and scalable. There is no full-proof system out there. For each such system, governance and audit are required so that we can say it is complete and flawless.
But again, if we apply governance, will it not become centralized then? We can have a solution to this problem. What if the community or users of that system governs or decides the mechanism of the system? it this case we can call it as decentralized and not centralized.
But which platform is applying this great idea?
It is Smart Finance! For DeFi services, Smart Finance is a new face for it and a governance model showcasing a full-proof flawless DeFi platform.
Why it is called "SMART" Finance? A platform or system can be called smart when the decisions are taken by its users and actions are permitted by its users or community.
Since for Smarts Finance, all decisions and governance are taken care of by its users or community, we can call it community-centric. Or in other words, user-based. Smarts Finance is coming up with an innovative and open approach to decentralized finance Services and their related products. The token for Smarts finance is SMAT and holders of the SMAT token determines all platform-related incorporations and way of workings. Community driven approach and blockchain technology make SMARTS finance a truly decentralized and secured system with a flawless network.
Along with making Smarts Finance a decentralized system due to its community-driven approach and use of blockchain technology, it also becomes a trustless network. Trustless network? Yes, you read it right. Why trustless? because there is no need to trust, it comes by default by using blockchain technology. But surely even it is trustless, it needs to be audited and verified to check and govern which Smarts Finance is providing. The SMAT token permission function due to network contracts is aligned in the system without any relationship with community members due to a functionality called multi-sig.
Products offered by Smarts Finance:
1. Staking
2. Liquidity Mining
3. Lending
You can earn passive income by staking your SMAT tokens. You need not to worry about market conditions. Smarts finance lets you provide liquidity of any assets of your choice for trading and also provides lending features so that you can opt-out of a loan for your desired asset.
Why Smarts Finance?
1. Provides uniques liquidity mining model
2. Top class Staking features and rewards
3. Lending which benefits both lender and supplier
4. Low transaction costs
5. Dual incentive system.
For more information about the project, to read the whitepaper, and to get engaged with their social media platforms, check out the links given in the description below.
Conclusion:
With a unique community-centric governance model for DeFi system, Smarts Finance becomes the most affordable and popular system with features like staking, lending, and liquidity provider. The experienced and dedicated team(DexTools KYC verified and Multi-Sig wallet operation with ICO Pantera) is driving this project with the objective to make this a unique and world-class governance model for DeFi systems.
--------------------------------------------------------------------------------------------------------------------------------
Website: https://smarts.finance/
Whitepaper: https://smarts.finance/assets/documents/WhitePaper.pdf
Discord: https://discord.com/invite/rertF5a
Telegram: https://t.me/smartsfinance
Twitter: https://twitter.com/Smarts_finance
Medium: https://medium.com/@smartsfinance
Youtube: http://www.youtube.com/channel/UCp58Zt6o88nj9jH8tKtvzSw
BTT Username: Forexandcryptoauditor
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=2438580
POA: https://bitcointalk.org/index.php?topic=5290318.msg55615455#msg55615455
This article is brought to you by
http://forexauditor.com
