Ethereum Gold Finance to unlock new opportunities for crypto investors
Blockchain has brought many changes in the global financial industry. For example, a well-known blockchain product is bitcoin, no one thought that this digital coin would be very popular and the price had skyrocketed far from its initial price. With the development of technology over time, more and more developers are starting to develop a blockchain that is better applied to financial cases. DeFi is a revolutionary of blockchain technology, which is better and more complex to apply to financial cases. We already know that Yearn Finance and Uniswap are one of the many popular DeFi products on the market today. These platforms allow people to stake, swap, lending, etc., which can increase people’s profits in the crypto market with a more secure protocol.Ethereum Gold Finance is a platform that consists of several products and services to increase user profit in the crypto market. Ethereum Gold Finance solution will connect companies, payment providers, exchanges via ETG & ETGP. This will provide a new and better experience for sending, staking, and farming.
E-staking: Staking cryptocurrency is used to audit transfers and to help the network by keeping cryptocurrency. You will earn an incentive in return for preserving the ETGF token and improving the network. You may term its interest as well. Staking will produce passive income by carrying ETGF token. It's just about how many ETGF tokens you're carrying. The quantity decides your incentive. A person who secured more ETGF token is much more likely to be chosen as the current block verifier. Besides offering assistance and reinforcing the network with staking, it also improves network scalability.
E-farming: farming in DeFi is a common term for liquidity mining, a system of delivery of ETGF tokens and ETGF reward opportunities for participants to bring liquidity to the ETG Finance network. At a greater extent, liquidity mining can be interpreted in a manner similar as a reward-based promotional strategy that sullies the control of early buyers over time, aiming to gain universal acceptance of the token and network.
DeFi Payment: Ethereum Gold Finance , through their network will be able to offer third party client fast payment in form of funding through a well audited ETGF smart contract
E-voting: The voting system offer a transparent and fair mean through which users on the platform are allow to vote
Ethereum Gold Finance issues ETGF tokens that are based on ERC-20 Ethereum that are used to compensate users. This token would later act as a fuel to help the running of the platform. More specifics can be contained in the following contract: https://etherscan.io/address/0x74603e780545d02C4257E7D2BE19c74dE7BE1952
Ethereum Gold Finance will be an essential component of the blockchain funding Community, and will expand the benefits of its goods and services to customers and crypto lovers. The platform has proven to be distinct from other crypto defi project in term of the goals and what they have currently achieved for having huge communities and investors that through believe in the project, I therefore recommend this fantastic project.