Kragx Defi Power Exchange decentralized finance platform built on and powered by Ethereum

in #defi4 years ago (edited)

With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering friction-less transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user.

A team of reliable bounty managers called the Bounty Detective https://t.me/BountyDetective, where bounty campaigns can be handled efficiently are handling the Kragx DeFi Project, hence Kragx DeFi is a trust worthy project. Bounty Detective isn't a recent name in the bounty industry, as it has been around for a while now, managing different campaigns for projects which have become successful today, due to the efficiency of the work done.

KRAGX is a very unique platform dedicated to providing fast, smart, accessible, profitable financial services for borrowing, lending cryptocurrency assets , staking for returns, exchange of cryptocurrency, assets, decentralized application and an automated market maker.

Kragx users will be able to optimise their yield for obtaining Kragx tokens, earn money and also use tokens as means of payment.

THE KRAGX DEFI

Kragx platform is a Decentralized Finance (DeFi) platform that focuses on making all DeFi based financial products available for everyone under a single platform . Users of Kragx will be able to perform complex DeFi operations with the use of Kragx token which the native token of the ecosystem .

Kragx platform empowers its users to trade , transact p2p , invest , borrow , lend. It ofers countless digital services through automated blockchain smart contract technology . Kragx solves the existing problem in the centralized financial set up by removing intermediary , offering best of security and transparency . Kragx ecosystem offer an open investment system where anyone irrespective of their locations can access anywhere in the world . Using Kragx platform removes the barriers of identity verification . Users can login through their wallet to the platform or alternatively utilize Kragx inbuilt wallet which is compatible to the platform DeFi products. Users of KragX platform can STAKE , TRADE, INVEST, AMM (Automated Market Maker) and optimizing other resources in the platform .

Kragx offers a lot of opportunities which cant be found in any centralized platform . Users will be able to purchase various digital assets in Kragx platform through their Peer to Peer cryptocurrency exchanges. Another interesting feature is the secured wallet offered by the platform . It offers secured inbuilt wallet that is compatible to DeFi products in the platform . Users dont need to be moving funds from one place to the other .Besides, using the secured wallet save transaction cost.

THE KRAGX PLATFORM

  • P2P EXCHANGE: Kragx platform has created P2P crypto exchange platform where traders can exchange cryptocurrencies using P2P platform that guarantess security and fair deals.
  • SECURED WALLET: Kragx offers secured wallet where users of the platform can their crypto assets. Kragx wallet is compartible with the DeFi platform. It will be easy for users of the platform .
  • STAKING: Users of the platform will be able to Stake their Crypto assets for interest .
  • GOVERNANCE: Kragx token gives users governance power . Holders of Kragx token can participate in the platform decision making . Decision regarding the growth of the ecosystem and policy of the platform are made by the token holders.

Kragx token is the native currency of Kragx platform. It serve various purposes in the platform, hence functioning as a perfect financial instruments. It can be used for payment services. Users can use the token to perform cross boarder payment and local payments.holders of Kragx will have voting right which will allow them participate in the policy making in the platform. Holding Kragx platform token empower users to take active participation in the platform decision making.

Token Sale

Sales Duration: Jan 25. 2021 to Feb 25. 2021(STILL ON APRIL 5th 2021)

Initial Price: $0.05

Max Supply: 700.000,000

PreSale Round 1: 10,000,000

Bonus: 14%

Purchase: https://kragx.io/app/register

Smart Contracts: 0xd13b3dce37e116f29cadece4f20c13694935bffc

Token Distribution

  1. Public sales 45% (including bonus)

  2. Pre-ICO private sales 5%

  3. Airdrop & Bounty 1%

  4. Team and Advisors 5%

  5. Acquisitions and Partnerships 5%

  6. Company Reserved 39%

ROADMAP

For more Information about this amazing project, please visit

Website: https://kragx.io/
Whitepaper: https://kragx.io/whitepaper.pdf
Telegram: https://t.me/kragx_chat
Twitter: https://twitter.com/kragxk
Reddit: https://www.reddit.com/user/kragx_defi
YouTube: https://www.youtube.com/channel/UCQXzubCYqUb6dNMp3NEoW9w
İnstagram: https://www.instagram.com/kragx_/

Author's Information

Bitcointalk Username: TosinDavid

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1180815

ETH Address: 0xccb98e6af2b1dbe621fbac6b48e6e98811fe1243

Telegram: @TosinDavid

POA: https://bitcointalk.org/index.php?topic=5313790.msg56501326#msg56501326

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Interesting project.

Good project

Well, this is very relatable. I believe this project has what it takes to strive in the cryptosphere. And oh, good write up.
Keep it up fella.

This write up is inciting, Thanks for this eye opener