A COMPREHENSIVE REVIEW OF A DEFI PROTOCOL CALLED POKEMONIO
A COMPREHENSIVE REVIEW OF A DEFI PROTOCOL CALLED POKEMONIO
INTRODUCTION TO POKEMONIO
The BSC DeFi network is the foundation for the Pokemonio token. DeFi is a concept that leverages decentralized networks to transform obsolete financial products into transparent and trustless protocols that don't rely on middlemen. Many DeFi Protocols are considering transitioning to BSC to keep their customers, thanks to the growth of the BSC DeFi industry.
The BSC of Pokemonio has dual framework that enables them to develop digital assets and decentralized apps on a single blockchain.Users could also use platform to move money from one blockchain to another, taking advantage of the growing market. Since its start, BSC has seen a significant growth in engagement and volume.
Pokemonio provides its users with PokeDex and PokeStaking in order to facilitate an open and decentralized trading. Staking is a method of locking cash in a blockchain for a specified period of time in exchange for network rewards in exchange for helping to secure the blockchain. The majority of DEXes claim to increase the value of their coin by giving token holders a cut of the revenue or improved liquidity-provider (LP) compensation.
PokeDex is a one-of-a-kind, decentralized token exchange powered by the Binance Smart Chain. Users can effortlessly transfer BEP20 tokens - safely, instantly, and for only a symbolic chain charge. Once their accepted transaction has been validated on the BSC, the Swap button will light up. After that, double-check the proportions you've specified for your trade, and then click "Swap" to finish the transaction. PokeDex is built to provide its users with the best token trading experience possible. Connecting a wallet, identifying the token they want to trade (select from a list or import a token by pasting the contract address), and swapping tokens with just one click is all it takes.
PokeStaking allows users to earn passive money by verifying transactions on a blockchain network with PokeNFTs and POK tokens. Although staking is not the same as crypto mining, both can yield larger profits than a regular savings account. Stake different BEP20 tokens on the PokeStaking platform to generate POK tokens as a passive income. You make more money if you stake more tokens. You have complete control over your reward and staked tokens.
Staking with PokeStaking has the potential to be just as beneficial as mining and trading, but without the risk. To mitigate the risks, users must buy and store some tokens before adding them to the mining pool. People who own tokens can often supply them to other users in exchange for a part of the profits on networks that support crypto staking.
POKEMONIO: IS IT ANY DIFFERENCE FROM OTHER DEFI PROTOCOL?
Pokemonio provides a diverse set of services to its users. It incorporates all of the features that a crypto enthusiast seeks. On BSC, it provides a frictionless and hassle-free trade method. PokeDex allows users to quickly exchange their tokens for new liquidity.
Not only that, but the platform also allows users to invest in pools, increasing their chances of receiving incentives and passive revenue. Pokemonio's unique NFT marketplace makes buying, selling, and trading NFTs simple and convenient. Furthermore, PokeLaunchpad and PokeLending allow users to obtain large sums of money from the start of the token sale and earn specified interest rates.Pokemonio offers PokeGames with POK tokens as a prize in order to bring amusement and a wonderful experience to its users.
Earn significant passive revenue by depositing and staking LP tokens in our PokeStaking pools. POK tokens will be given to you as a reward. All crypto users will be able to easily trade tokens and contribute fresh liquidity thanks to the Binance Smart Chain exchange (which is based on the AMM concept). Users will be able to buy and sell unique digital objects and crypto-collectibles from prominent creators and businesses on our peer-to-peer NFT marketplace. New blockchain-based projects will be able to raise funds through our Launchpad through early-stage token sales.
With PokeLending, you can get unique interest rates for lending crypto assets or fiat currency to borrowers. It's a simple approach to get more POK tokens. Our PokeGames will provide players with hours of pleasure while also rewarding them with more POK tokens.
POKEAPP
Pokemonio intends to develop "PokeApp," a sleek and user-friendly application that will allow you to simply manage your POK tokens and use all of the products offered. Both a PC and mobile versions of the application will be released. The ability to link numerous wallets, including the most popular such as Metamask, Binance Wallet, and TrustWallet, is one of the app's key benefits. Users will also have quick access to all Pokemonio goods, such as staking, exchange, games, and more, as well as the option to monitor the current market price of a POK in real time.
POKEMONIO ENQUIRIES
Website: https://pokemonio.com/
Twitter: https://twitter.com/PokemonioToken
Official Whitepaper: https://pokemonio.com/PokemonioWhitepaper.pdf
AUTHOR
Bitcointalk Username: Ejumi
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3458365
Telegram Username: @Jarumaa
BSC Wallet Address: 0x9e68cD5cBb4ecEF597b0781DC77092EB1Dd844AE
POA: https://bitcointalk.org/index.php?topic=5387606.msg59827284#msg59827284