Defi on the TRX network
November 23, 2020 —
TRON has been making big development in the crypto scene and the leading blockchain network has recently released its first decentralised token exchange protocol which is set to change DeFi in the TRON ecosystem for the better. Titled “Justswap”, the state of the art token exchange protocol is designed to address the current woes faced by DeFi users by making it more trustworthy and economical.
Justswap is TRON’s brand new decentralised Token exchange protocol that allows the instant exchange of TRC20 tokens and also assures more credible and affordable DeFi Operability on TRON.
Significant features:
Justswap enables instant exchange between all TRC20 tokens and allows threshold-free profit for market traders. Other important features of Justswap comprise:
-Infinite liquidity for numerous traders and applicationns
-Instant execution and does not need clients to wait for order match
-Easily accessible by all via Justswap to take part in the open fiscal market
-Guarantees high returns
In addition to the simple exchange of TRC-20 tokens, Justswap users would be able to earn mining rewards and trading fees.
JustSwap is the first decentralized token exchange protocol on the TRON platform, allowing users to exchange any TRC20 tokens at the system price instantly.
PEGASUS FINANCE – PEGASWAP
We recognise the growing importance of DeFi in blockchain and for the wider financial services. DeFi refers to the shift from traditional, centralized financial systems to peer-to-peer (P2P) finance enabled by decentralized technologies built on the Ethereum blockchain. From lending and borrowing platforms to stablecoins and tokenized BTC, the DeFi ecosystem has launched an expansive network of integrated protocols and financial instruments. Now with over $15 billion worth of value locked in Ethereum smart contracts, decentralized finance has emerged as the most active sector in the blockchain space, with a wide range of use cases for individuals, developers, and institutions.
With it costing users around $60 to trade on Uniswap and even more to complete more complex Ethereum transactions, retail investors looking to participate in yield farming may actually opt to use Tron, at least to test it.
The launch of PegaSwap ecosystem has had a positive effect on the price of PGS
PEGASUS FINANCE - PEGASWAP
Ever since the rise of Bitcoin, the world has revived its interest in the concept of “decentralisation”. The concept per se is not new, but its usage in finance-related domains are indeed contemporary. The ICO (or Initial Coin Offering) boom in 2017 was a great demonstration of how the decentralisation concept, embodied by a set of smart contracts, transformed the fundraising pipeline. Lots of promises, rises, and pitfalls later, another rising star, Decentralised Finance (DeFi), is posed to overtake the fintech world.
We are caregivers of the Pegasus Finance ecosystem and its community advocates. To fulfill these critical roles to the highest standards - and to ensure we maintain decentralization, autonomy, and objectivity - we have our own Board of Directors and a diverse, global team.
Pegasus Finance is a Tron based synthetic asset platform that provides on-chain exposure to fiat currencies, commodities, stocks, and indices. Synthetic assets (Synths) are backed by Justswap locked into a smart contract as collateral. Synths track the prices of various assets, allowing crypto-native and unbanked users to trade P2C (peer-to-contract) on JUST DeFi' Exchange without liquidity limitations.
Pegasus Finance is an ecosystem of financial applications built on blockchain networks. Pegasus Finance aims to create an open-source and transparent financial system available to everyone and operates without any overriding central authority.
Pegasus Finance Decentralized Finance (DeFi) Users of this system would've complete control over their assets. Interaction with the ecosystem would be through peer-to-peer (P2P) and decentralized apps (dapps).
PEGASUS FINANCE ECOSYSTEM
The cryptocurrency industry has come a long way since its inception, as the underlying technology undergoes constant evolution. The latest advancement in such development is the concept of Decentralized Finance, popularly known as DeFi. As the DeFi movement rages on, a lot of new, innovative projects have entered the market, offering a great deal of flexible financial products to the community.
One such innovative project is PegaSwap, a state-of-the-art composite cryptocurrency asset management platform that offers much-needed financial services to the community, helping them put their crypto assets to good use. Created by a team of experts in crypto, finance, technology and legal fields, PegaSwap where users can deposit, lend and borrow cryptocurrencies at some of the industry’s best rates.
The entire PegaSwap, ecosystem comprises a series of derivative products including. Trading, multi-stablecoin index, DEX, liquidity aggregation platform, safety reserve, options and convertible debt. These products together bridge the gap between unused crypto assets and demand for short term borrowing, thereby enabling everyone involved to make profits.
Cryptocurrencies are growing in demand, and just imagine what is possible when thousands of people do have the opportunity of buying cryptocurrencies effortlessly? Especially in uncertain times like these, people are looking for alternative assets to secure their money. Now, PegaSwap offers its clients some exciting solutions, which can significantly impact the whole crypto-sector.
Contact Info:
Name: Peter Sand
Email: Send Email
Organization: Pegasus Finance
Website: https://pegaswap.finance/
Release ID: 88986797
