DEGO Finance - Brand New Idea

in #degofinance2 years ago

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Disclaimer

The main objective of this publication is to present the DEGO solution and the related DEGO project. Under no circumstance, it should be considered as an investment advice.

If you have any questions regarding the regulations impact on DEGO project, feel free to contact DEGO at [email protected]


Abstract

DeFi is becoming an attraction for crypto enthusiasts around the world. There have been quite many platforms that have started to adopt this service because DeFi has indeed been proven to be a service that has updated blockchain technology and made it more modern and complex for financial cases.

DEGO is one of the many platforms that adopt DeFi, it is a service that consists of various products which makes it a reliable and professional platform.


Brand New Idea

DEGO is a platform that can increase the profits of investors. DEGO is like LEGO in the DeFi world, consisting of several bricks (protocol) such as Stable Coin (DAI), Lending (Aave, Compound), etc. DEGO will be a platform that will increase the value of DeFi and create an opportunity for investors to increase the profit from their portfolio. This will be the "gate" to future financial services.

DEGO acts like a Decentralized Finance (DeFi) ecosystem, which is complex and sustainable. This will be a DeFi platform that truly understands what the true value of Decentralized Finance (DeFi) is. Unlike the short-lived DeFi platform, DEGO is expected to be a sustainable platform, so that more people can get significant profits from Decentralized Finance (DeFi).


Platform Features

As previously explained, DEGO is an ecosystem consisting of various products. The following are the features of DEGO:

  • Stake: DEGO creates solutions related to stake that people can get, with Liquidity Mining with algorithmic adjusted Dego can create a more sustainable ecosystem of DeFi,

  • DEGO DAO: DEGO is an ecosystem built on the ideals of blockchain, namely freedom, equality, openness, and innovation. So the community can participate in the system parameters on the DEGO platform.

  • Governance: Every DEGO token holder has the opportunity to participate in DEGO evolution through governance.

  • DEGO NFT: This is an exploration of GameFi, which is new, because there should be something interesting in the world of DEFI, and DEGO NFT will be presented in a new and exciting way.

  • Rewards Pool: DEGO platform revenue, which comes from auctions, hunter pools, swaps, etc., will be injected into the Rewards Pool with a certain proportion.

  • DEGO Chain: This allows other digital assets such as Bitcoin or other encrypted assets to enter the Ethereum public chain and participate in DEGO.

  • Dividends: When someone transfers the DOGE token, they will be charged 5% fees. 2.5% of the cost will be burned immediately, the remaining 2.5% will be transferred to the Dividend Pool.

"Several features such as DEGO Auction, Hunter, Dandy, DEGO Swap, DEGO Lending, and DEGO Insurance will be launched in the future. Just wait."

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In Conclusion

DEGO is a platform built with DeFi and acts as an ecosystem comprising a wide variety of products and services. It is hoped that in the future DEGO can become a sustainable DeFi platform so that more people will benefit from decentralized finance (DeFi).


Token Sale

DEGO has an ethereum token with the name "DEGO Finance Token", the holders of this token can participate in the DEGO government and can earn dividends continuously. The following are details of the DEGO token;

Token Specification

  • Name: DEGO Finance Token
  • Symbol: DEGO
  • Network: Ethereum
  • Spec: ERC20
  • Precision: 18
  • Smart Contract Address: 0x88ef27e69108b2633f8e1c184cc37940a075cc02
  • DEGO is planning to do a presale on Sep 12th, 2020, for further details please visit https://docs.dego.finance/token

Roadmap

2020-09

  • website launch V1
  • Smart Contract Audit
  • DEGO Pre-Sale
  • Liquidity Mining Pool V1
  • DEGO NFT Auction Launch

2020-10I

  • Hunter
  • Binance Smart Chain Launch
  • DEGO Swap
  • DEGO Lending
  • DEGO Insurance

TBD

  • DEGO Chain
  • Governance
  • NFT Auction Pool
  • Dandy
  • Reward Pool

Conclusion

DEGO Finance is a Defi project that has many products and financial services such as conventional banks. By adopting a modular concept such as LEGO bricks makes DEGO is able to make many new Defi products and Dapp. Currently, DEGO Finance has its own modules such as DEGO DAO, DEGO Swap, DEGO Lending, DEGO Insurance, DEGO Chain, and others. The combination of each different module will create a new product with unlimited possibilities, by creating various unlimited new Defi products that can be implemented on various aspects of life makes Defi more than just a financial system.


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