๐Ÿ’Ž๐Ÿ’Ž๐Ÿ’Ž New form of DeFi ๐Ÿ’Ž๐Ÿ’Ž๐Ÿ’Ž What is MoonDeFi?

in #defi โ€ข 4 years ago

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Introduction

Since last year, the term โ€œDeFiโ€ has become a hot topic not only among blockchain industry actors but also financial industry players in general. DeFi also has several other terms, among them "Finance 3.0", "open finance", or "affordable finance". DeFi can be interpreted as a financial system developed or running on a decentralized blockchain network system. Here, DeFi tries to 'move' various traditional financial services (CeFi), such as lending (lend, borrow, loan), trade, saving, transfer, insurance, remittances, etc. to run on a decentralized blockchain network system as one DLT (Distributed Ledger Technology) solution. Simply put, DeFi is an open financial system without intermediaries, which has been used successfully in crypto asset transactions.

With DeFi, crypto assets can be traded, transferred, traded, or used for other financial activities efficiently, safely, and concisely. There are still other simple explanations from DeFi that you might understand better. Here DeFi removes the CeFi components (lend, borrow, etc.) and decentralizes these components by eliminating intermediaries (middlemen, third parties) and replacing them with two main DeFi components, namely smart contracts and tokens.

In the world of crypto assets, a smart contract is an application or program that runs on a blockchain network (distributed computing system), while a crypto token is a type of crypto asset that represents a particular asset or use on the blockchain.

With the emergence of the DeFi protocol in the crypto market, it is like providing oxygen to the crypto market which has been experiencing a decline in recent times. And it gives crypto users hope that even traditional financial instruments can be applied to decentralized platforms - which further convince the public that cryptocurrency and blockchain are the answer for the future financial industry.

With the development of the decentralized finance sector in the crypto market, many developers have started to look at this protocol, one of which is MoonDeFi.

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About MoonDefi

MoonDeFi is a protocol that allows people to swap ERC20 tokens, staking, and mining liquidity, without the hassle - easy and safe. In contrast to competitor platforms that charge high fees to users, MoonDeFi only charges low fees for every transaction made by users, so users can have higher expectations for MoonDeFi services.

If users want to maximize their profit, then they can lend their assets to the liquidity pool, and start collecting fees. No need to worry about demand, this is a protocol that can automatically set and balance values depending on how many requests there are. There's no need to worry about security or corporate intervention or anything else because it's a decentralized system that doesn't allow intervention or requires KYC to make transactions - everything is decentralized and secure.

Platform Features

Swap: Users can swap ERC-20 tokens with other tokens easily without needing KYC or registration. MoonDeFi only charges a low fee for each user transaction.

Liquidity Pool:

MoonDeFi works by utilizing a liquidity pool provided by liquidity providers which is secured by a smart-contract system. If users participate as liquidity providers, they are entitled to a 0.3% fee on all trades according to their share of participation.

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Staking:

Each liquidity provider will get LP tokens as a reward for their contribution. These liquidity providers can redeem their LP tokens or stake their tokens and get MOOn tokens with a high-profit rate. Normally, they can earn APY of 30% -45% for staking LP tokens. And this is not limited to liquidity providers, MOON token holders, or others can join this staking program.

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Advantages of MoonDeFi

Open Source

MoonDeFi is a public, open-source application, which implies later on if the MoonDeFi group leaves the venture under any conditions, the MoonDeFi people group can at present keep up the extend and grow new usefulness.

Highly Decentralized and Autonomous

MoonDeFi works with no concentrated specialist organization or center man, and since all exchanges occur on-chain, can't be stopped as long as Ethereum is utilitarian.

High Degree of Anonymity

Since there are no client records to sign into and anybody with an Ethereum address can utilize MoonDeFi, there is a serious level of obscurity. There is likewise no KYC cycle prior to utilizing MoonDeFi, not at all like in numerous different trades.

High community concern

MoonDeFi as referenced before is the full overhauled adaptation of different esteemed Defi stages. Along these lines, plainly MoonDeFi has pulled in a lot of network concern.

Lower Gas Fees

As per MoonDeFi, because of its moderate plan and system, it is a larger number of gas proficient than its decentralized trade partners.

User Friendly

MoonDeFi has given a very easy to understand interface. Indeed, even individuals new to crypto can undoubtedly trade their ideal ERC2O tokens in only a couple of clicks. Due to the basic UI and absence of request books, MoonDeFi has additionally extraordinarily decreased stacking times, an issue that has tormented different DEXs.
The interface even permits brokers to set slippage cutoff points, and request clocks with the end goal that requests are dropped if not executed inside a period limit, which assists with alleviating front running.

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Moon DeFi Token

Moon DeFi Token or abbreviated as MOON is the native token of the MoonDeFi platform. These tokens will serve as rewards and payments within the MoonDeFi platform. The plan is that MoonDeFi will only issue 210 million with a limited supply. As the MoonDeFi platform grows, the demand for this token will be even higher, which increases its price. By having this token, you will have the opportunity to join this potential MoonDeFi.

TOKEN SALE

Symbol: MOON
Token type: ERC-20
Decimals: 18
Contract: 0x71924a8d733ae1bbc18d243e1deb56e767440eb6

๐ŸšฉInfo :
https://info.uniswap.org/token/0x71924a8d733ae1bbc18d243e1deb56e767440eb6
https://info.moondefi.org/blog/moon/
https://etherscan.io/token/0x71924a8d733ae1bbc18d243e1deb56e767440eb6

Total Sale: 32,000,000 MOON
Pre-Sale
(3 Dec 2020 - 31 Dec 2021)
8,000,000 MOON - Price: 0.25 USDT

Public Sale:
Round 1 (01 Jan 2021 - 31 Jan 2021):
12,000,000 MOON - Price: 0.5 USDT

Round 2 (01 Feb 2021 - 28 Feb 2021) :
12,000,000 MOON - Price: 0.75 USDT

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#MOON #DeFi #moondefi #defiswap #crypto #staking #farming #liquidity

CONCLUSION
Conclusion
In conclusion, MoonDeFi allows casual users to swap tokens easily and earn passive income by participating as liquidity providers. The user interface is easy to use, and making trades is only a few clicks away.
MoonDeFi is one of the DEXs that will be loved by crypto asset activists, especially those who are interested in decentralized finance (DeFi). MoonDeFi comes with the latest solutions and technology in DeFi. .
Its advantage is its decentralized nature which makes it easy to access the crypto market.

More Information

Website : http://moondefi.org/
Twitter: https://twitter.com/moondefi_info
Telegram channel: https://t.me/moondefiofficial
Telegram group: https://t.me/moondefiofficialgroup
Medium: https://medium.com/@moondefigroup
Reddit: https://www.reddit.com/user/moondefi

Author : yusuf ganteng

Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=2076429
ETH wallet address : 0x9577940e51519bcf585e2848A03b4a85312B23CB
Link the Proof of Authentication : https://bitcointalk.org/index.php?topic=5291354.msg55687736#msg55687736
Telegram : @yusuf_ganteng

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