A REVIEW OF DEGO FINANCE ECOSYSTEM

in #blockchain4 years ago (edited)

INTRODUCTION:

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Since the introduction of the blockchain technology, which came with the advent of bitcoin, there has been emergence of different cryptocurrencies. Consequently, the need to convert this digital currencies to fiat arises.
This is the reason why DEGO FINANCE came to address the financial issues that were unable to be addressed by other decentralized platforms. The first set of people that invested Cryptos with DEGO platform came out with a reasonable amount of dividends that went as high as 35%. In DEGO platform, the users have been given acces to morden financial services that were represented in investment, lending and the ability to work on different exchanges without having the right to send functions to intermediaries.

WHY DEGO?

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Since one cannot actually talk about investment without mentioning finance,
therefore this two words are used interchangeably this days. As the day passes by, new standards and principles are emerging and this makes the substandard formats to be innovated into what is morden and accepted. DEGO as a decentralised Financial platform has come to revolutionize the traditional financial institutions in a way of providing basic financial facilities. Dego is that platform that gives it users money in just one click.

THE OUTSTANDING FEATURES OF DEGO PLATFORM

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The trending Crypto platforms now are those with the functionalities of Decentralized Finance (DeFi). Dego has the following features that make all the financial transactions to be performed just in just one click:

*** Exchanges: With Dego ecosystem, all your cryptocurrency assets could be transferred and converted to fiat and vice versa in a very comfortable way without resorting to centralized exchanges.

*** Lending: This is a facility in the Dego ecosystem that allows every users to borrow money and increase the capacity of their equity for a better trading experience.

*** Tokenized Assets: This is a facility that helps users to distribute assets in different directions and benefit using the liquidity pool of the ecosystem.

*** Stable coin: with this, Dego has made it It possible to issue different cryptocurrencies on the platform that will have a calculated exchange rate pegged to the US dollar, the rate can also be pegged to such popular coins like bitcoin or ether. Also one can link not only to the currency, but also to the assets that are in the DEGO Finance platform.

*** Smart Wallet: By default, Crypto wallet in ecosystem helps in the diversification of financial transactions and the DEGO Finance Portfolio helps in making profitable transactions within the platform.

*** Safe and Swift Payment: The innovative payment protocol assists in making safe and secure payment between all the users of the platform.

CONCLUSION:

The whole idea about DEGO Finance platform is not just to create a cryptocurrency exchange. Where different types of Crypto currencies could be traded for fiat and vice versa. DEGO FINANCE is more than an exchange. DEGO is Decentralized Finance platform that combines , commucates and connects all the financial structures all in one click. These are transactions that used to be performed in centralized exchanges now happening in one click through the innovation of the blockchain technology brought by DEGO platform. This is a great opportunity to the traders of digital currencies. With DEGO, financial transactions can take place anywhere in the world in a fast, safe secure and seamless way. What are you waiting for?

For further information about DEGO Finance platform, visit the following 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: Ceeboy1
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2661333

My P.O.A: https://bitcointalk.org/index.php?topic=5272474.msg55286252#msg55286252

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