Dego: Decentralized Finance With Sustainability
With the introduction of the block chain system, the misgivings of conventional financial institutions was gradually laid bare. It became obvious that their centralized nature had become their bane. The public were beginning to lose faith in them since transparency was lacking in the entire set up. capital monopoly and centralizing of funds in the hands of a privileged few rocked the system. With the aforementioned as reality, failure became inevitable.
With the looming crisis, the financial ecosystem was affected adversely, several currencies began losing value fast. To find a solution, there came the proliferation of various seemingly decentralized systems in the financial ecosystem is geared to solving or rather eschewing the old and obviously inefficient centralized systems that were the other of the day. The problem with even this, is that it lacked convergence. Everyone proffered solution from their diverse points.
The real solution, would mean a totally decentralized platform, that will onboard several products all on one platform. Thus enters DEGO. Dego Finance shall be the subject of focus in this article. Sit back, read on to learn the magnificence of Dego!
WHAT IS DEGO
DEGO is a crypto currency that operates on the Ethereum platform. It aims at a truly decentralized and incredibly sustainable DEFI ecosystem. This it achieves by hinging on the proliferation of the block chain technology. Importantly, the Dego system fuses diverse products into a system thus achieving the true convergence that is missing in various mainstream Defi systems, this making it to stand out .
Furthermore, the Dego token shoots for a truly democratized system that gives users the right via the token to pay fees at their convenience, mortgages and act as key players in governance within the ecosystem.
ADVANTAGES OF DEGO
Leveraging keenly on block chain and technology, Dego brings to the fore key offerings, to totally revolutionize the financial ecosystem. The key principles/ peculiarities here are:
- Transparency
- Security
- Trust
- Decentralization etc.
OFFERINGS
The Dego Finance system is poised toward making all venture rewards available to all users keeping equality in view irrespective of class. Furthermore, all yields becomes all open and is distributed in a transparent manner.
Dego’s sophisticated tools and algorithms are pooled toward benefitting the users. Also these tools are geared toward fostering the Defi ecosystem and to make it more advanced.
The presence of a community makes it impossible for centralization and monopoly. This community, is built to make key decisions as a collective whole, by staking the Dego coin which serves as some sort of voting right to holders.
The presence of a traditional currency, which is responsible for the smooth running of the ecosystem, the Dego Token. This is the token that is being positioned to give voting and stake to all users alike without any form of inequality.
Summarily, of all these offerings, prospects and peculiarities, it is important to note that in a time when unevenness and chaos riddles the financial and monetary ecosystem, Dego stood out and brought about a revolution to the entire ecosystem. It singularly proposes decentralization, hinged on transparency, equity, equality and very importantly, Security.
For more information, visit:
WEBSITE: https://dego.finance/home
TWITTER: https://twitter.com/dego_finance
TELEGRAM: https://t.me/dego_finance
MEDIUM: https://medium.com/@dego_finance
DISCORD: https://discord.com/invite/xJjSJrd
WRITER'S DETAILS
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