Interfinex: The future of decentralized finance

in #interfinex4 years ago (edited)

With the development of blockchain new cryptocurrencies and platforms come into existence with new ideas to earn more and giving users the much comfort. The Growing interest in Blockchain & digital assets trading has given rise to various centralized and decentralized exchanges where hundreds of people daily trade various crypto assets.
Current era is Decentralized Finance (DeFi) era in crypto. DeFi is gaining momentum and is in trend. DeFi make platforms more secure, more resistant to manipulation, accessible for anyone, and transparent. The most popular use of DeFi is for borrowing and lending, allowing users to put their crypto assets to work to earn interest. But as usual when a concept is growing fast then it must improve & evolve itself to keep its growth graph stable and steady.
Recently I got acquainted with a rising platform having strong fundamentals and sound concept. The project is a revolution in decentralized finance. Provides the best opportunities to earn, You can swap your ERC20 tokens to any other ERC20 tokens. Also you can earn via yield farming that It's a new way to earn rewards with cryptocurrency holdings using permissionless liquidity protocols.You can earn passive income by using the decentralized ecosystem of this promising project. The project I am going to discuss is Interfinex.

interfinex pic.jpg

About Interfinex

Interfinex is a unique platform which is the future of decentralized finance. This platforms allow people to lend or borrow funds from others, speculate on price movements on a range of assets using derivatives, trade cryptocurrency, insure against risks, and earn interest in a savings-like account.This is the exchange where you can swap any ERC20 token into any other ERC20 token and can also earn via deposit in to the pool and start yield farming.We are proud to bring you release v0.9 Beta of the Interfinex protocol.

Interfinex.PNG

Swap

Users like to swap and the main criteria being as follows:

  • Quickly swap into an asset you believe will grow
  • Move out of a volatile asset into one of the stablecoins
  • Hedge against real world events.

And the platform which provides smooth swaps of tokens with real benefits is highly appreciated. Thanks to interfinex platform which is a user friendly and Swap between your favorite pairs using this Platform and pay low fees of just 0.1% on every trade. For the benefit of traders’ and users, Interfinex is going to provide a cross-chain swap opportunity to swap between various tokens with sound vision to offer its customers a smooth experience. Convert any ERC20 token into any other ERC20 token and pay a fee of 0.1% on all trades — Or provide a referral and receive a 51% discount (0.049% fee).

Liquidity Pool

One of the new concepts that has emerged is yield farming. Whenever liquidity is deposited into a pool, special tokens known as liquidity tokens are minted to the provider’s address, in proportion to how much liquidity they contributed to the pool. It’s a new way to earn rewards with cryptocurrency using permissionless liquidity protocols. It allows anyone to earn passive income using the decentralized ecosystem built on Ethereum. As a result, yield farming may change how investors HODL in the future. In the Interfinex innovative mechanism you Deposit an equivalent amount of ERC20 tokens into the pool and start yield farming. The amount you earn will be dependent on the fees paid and the amount of liquidity deposited. Earn ERC20 tokens and Interfinex Bill tokens in every liquidity pool.
10% of the trading fees will be converted to Interfinex Bills and paid out to Liquidity Providers. In addition, 80% of the fees will be paid out in the ERC20 token that was sold during the trade.

Token Interfinex Bills

The final 10% of all fees that are earned in the liquidity pools will be used to purchase Interfinex Bills. The purchased tokens will then be distributed to Interfinex Bill token holders depending on the amount of Interfinex Bills that each holder owns. The total supply of tokens is 2.1 billion — This supply will stay fixed and will never increase.

Contracts

  • Interfinex Bills: 0xA891CF72AEDa692570928eFe1A832342e9783CDC
  • Factory: 0xc317d9398520b85141f2DaFD2F48B070bD7a5047
  • Exchange Template: 0xDc7E9e31506D3910000a3c67132A0caf7Ad6f503

Distribution

30% of tokens will be distributed to exchanges. 10% of tokens will go towards marketing, 30% as community incentives, 20% to team members and the final 10% to founders.

Interfinex Bills is already traded in exchanges.

You can purchase Interfinex Bill tokens here:
Interfinex: https://interfinex.io/app/swap
Uniswap: https://app.uniswap.org/#/swap?inputCurrency=0xdac17f958d2ee523a2206206994597c13d831ec7&outputCurrency=0xa891cf72aeda692570928efe1a832342e9783cdc

Conclusion

The rise of such a promising and unique project like Interfinex is necessary and helpful for traders and investors to get maximum of their assets. The concept of supporting: Swap, Farming, & Staking is awesome. Join this revolutionary platform and stay at forefront of the future technological innovations. Interfinex ecosystem is a well-balanced environment consisted of decentralized tools and platforms to enable Interfinex to be functional. decentralized ecosystem with high scalability where holding Interfinex Bills would give a user some important advantages not available in the traditional financial system. With interfinex.io — you can convert any ERC20 token into any other ERC20 token and pay a fee of 0.1% on all trades — Or provide a referral and receive a 51% discount (0.049% fee). Deposit an equivalent amount of ERC20 tokens into the pool and start yield farming. The amount you earn will be dependent on the fees paid and the amount of liquidity deposited. Earn ERC20 tokens and Interfinex Bill tokens in every liquidity pool.
10% of the trading fees will be converted to Interfinex Bills and paid out to Liquidity Providers. In addition, 80% of the fees will be paid out in the ERC20 token that was sold during the trade.
#ETF #Ethereum #bitcoin #eth #uniswap #defi #gem #investing #altcoins #exchange #money #cryptocurrency #trading #investment #decentralized.

Social links

Website: https://interfinex.io/
Twitter: https://twitter.com/Interfinex_io
Facebook: https://www.facebook.com/Interfinex-103763214881679
Telegram: https://t.me/interfinexio
Medium: https://interfinexio.medium.com/

Author

Bitcointalk Name: aksh2596
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1470247

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