Demon Ecosystem
The Demon Ecosystem
DeCo Finance is a decentralized aggregator farming platform based on Binance Smart Chain (BSC). It functions on a dual ecosystem which integrates DeCo Finance vault with unique Metaverse gamification equipped with special NFT characters making it one of the most exclusive DeFi projects in the market. DeCo Finance strictly selects the safest and most profitable farming projects on BSC, currently it is into providing a platform for users to trade, swap, stake, yield, have fun, and profit at the same time.
Benefits of DEMON holders
• DEMON can be staked in the single token pool to multiply their APR
• DEMON can be vested for participation in DAO to earn up to 40% of performance fees
• Holders will be able to participate in a play-to-earn game to earn MORE DEMONs, by joining exciting lottery game at yield farming section and stand a chance to earn up 5 times interest.
• NFTs were introduced where the $DemonX NFT card can be consume d for mystery box and stake in to earn $DEMON.
• There are also reward for just holding demon tokens
• Introducing your friends and family to enjoy our affiliate program
• Coming soon is the DEMON metaverse where only the ownership of DemonX NFT card will able to get whitelist for the Land (Metaverse).
• Ads in the DemonX Land (Metaverse), and gameplay can earn rare NFT items. This item can be sold in the secondary market to other players.
Benefits of Yield Farming
An investor lends money to a platform and receives tokens for their investment. The principal investment is repaid at the end of the period with some extra interest. This is usually a lender’s benefit, with the addition of some extra tokens. The extra tokens is what differentiates between traditional lending and yield farming via most DeFi platforms.
Let me give you a rough case scenario, assuming you get a crypto currency and is are rewarded with tokens for engaging in the lending platform. Let’s say the value for each was $0.05 and you had gotten the tokens to the tune of $50.
As long as the value of the token increases to let’s say $0.08 for each which is greater than the initial cost, you can already see a profitable yield despite paying interest on their loan. Though there are risks in borrowing, one should be very confident (DYOR) in the rate of token appreciation (Use Case) before making money by borrowing crypto.
Price Of DEMON
All $DEMON tokens accumulated upon purchase of DemonX NFT mystery boxes has been proposed to be fully destructed. So the $DEMON token supply will be cease to a certain limited, higher demand will eventually create high value and price in DEMON.
The Team
The project team is built up by multi-national, they are from Singapore, India, U.S., England, etc. Some of them are serviced from Silicon Valley, with expert knowledge and experience in technical development.
All experts from the marketing department of Facebook with good marketing experience on how to target market audiences. the technical team leader who worked for SandBox development team members and also a project technical consultant a former member of Cosmos consultant team.
The thing here is not only about expert doing their jobs, but they are contributing their very best to make Demon Ecosystem a success.
Project Insights & Perks
• 12th March 2022 the project NFT was launched, it was considered as the first phase.
• The NFT ecosystem which is DemonX NFT has been officially launched. In the NFT mechanism, it comprises of 26 different NFT characters with different races, rarities, and ranking rewards.
• $DEMON tokens can be used to unlock NFT character cards through purchasing 6 different levels of mystery boxes, which are common, uncommon, rare, epic, legendary, and mythic.
• Project NFTs can stake for gaining $DEMON as part of reward and also trade among users. One of the NFT uniqueness is users can evolve their NFT cards with the same ranking level of cards to obtain a higher-ranking level for better profit gaining. For more information about the NFT ecosystem, https://demonecosystem.gitbook.io/demon-finance/ecosystem-and-mechanism/demonx-nft
• Our Esteemed users can now participate in our ecosystem and may visit our DApp site: https://demonfinance.com/#/HOME
• From the official launch date of Demon Ecosystem onwards, the result is out of our expectations, On this basis, we hope that upon the completion of the ecosystem, it will achieve better performance.
To Find out more about DECO FINANCE:
Official Website: https://www.demonfinance.com/#/HOME
Demon Ecosystem GitBook: https://demonecosystem.gitbook.io/demon-finance/
Telegram: https://t.me/DemonFinanceCommunity
Twitter: https://twitter.com/DemonEcosystem
Demon Ecosystem Medium: https://medium.com/@demonecosystem
GitHub: https://github.com/DemonFinance/DemonFinance