DEGO FINANCE: OPPOSING CAPITAL MONOPOLY USING A UNIQUE REVENUE ATTENUATION
INTRODUCTION
Capital monopolization which is the major problem of the existing finance system will be solved by DEGO by using a unique solution that is planned by the team towards achieving a quality decentralized finance system. This plan is for everyone to be a part of it. We have all seen the impact of decentralization in many innovations on the blockchain as well as in coins which became strong and relevant due to its application. The solution of DEGO will go a long way to make so many people participate in the community and as it does that, it would become very difficult to destroy it.
THE OPERATIONS OF DEGO
The platform will be managed by the community, any random member of the community will be able to issue proposals, stake, mine or vote on DEGO. So as the community takes the control of DEGO, the token will also be used to serve other types of benefits and will be a license for them to mine. The members of the DEGO community will be able to develop this model of governance while having all useful tips and information needed to thrive in the finance world. The formulation of the system will also be achieved using the attenuation mechanism and the process of mining can be improved on. Usually, the mining process makes the amount of funds invested capable of triggering the attenuation effect that is set by DEGO which makes the mining revenue adjustable with the threshold that is set for mining by the platform. This will be done in alignment to the changes that occur in the market and other factors would be judged through voting.
THE UNIQUENESS OF DEGO
DEGO uses a special method to manage it's liquidity for mining and also ensures that the algorithm used is adjustable for miners to yield interest as they mine in a broader community where cryptocurrencies are of utmost importance. Liquidity mining is above all the features of centralization. It defined the new type of DeFi system and it require the staking of DEGO.
This model allows all miners to yield rewards and also compete with each other. Those that are able to mine more become the winner of all the rewards given, the liquidity rewards and all and yields are sold out for the games. Dego now has a solution to the problems associated with mining and can now achieve a more sustainable ecosystem where the algorithm allows proper liquidity of the mining and DeFi program is improved on.
Security of DEGO is invested in Ethereum contracts. This has already been implemented with the use of AI such that it functions the right way using the underlying logic.
CONCLUSION
The benefits from DEGO comes rationally and also has so much to do with the decisions of the users in it. It uses its unique principles and makes the user enjoys the right benefit with the very best data the user can find. The loss in the world of finance would be compensated for with DEGO'S innovation to decentralise and make it able to fit into the modern style.
USEFUL LINKS
Website: https://dego.finance/home
Medium: https://medium.com/@Dego.finance
Telegram: https://t.me/dego_finance
Twitter: https://twitter.com/Dego_Fi
Discord: https://discord.com/invite/xJjSJrd
Github: https://github.com/dego-labs
AUTHOR'S DETAILS
Bitcointalk Username: Middlejeans
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2768235
P. O. A: https://bitcointalk.org/index.php?topic=5272474.msg55259332#msg55259332