🔥 Emporium Finance 🔥 First Decentralized Trading Platform To Trade Only With Cryptocurrencies

in #eth3 years ago (edited)

Hello dear readers, while the market is moving in a rapid upward trend, they continue to develop in some projects. Every new idea that continues its development is very important to increase the integration of blockchain and cryptocurrencies into our lives. The concept of decentralized finance, which has entered our lives in the last year, paves the way for many new developments. Crypto Emperium , a platform where you can shop with Bitcoin and other units , wants to bring the community to new opportunities and create new value by creating its own unit. This request led to the emergence of Emporium Finance . In this article, we will talk about the concept of decentralized finance and the details of the new idea.

What is Decentralized Finance (DeFi)?

Decentralization basically represents a management style that thinks that today's management system understanding is insufficient and aims to ensure that the entire community is in its own hands with blockchain technology. All elements of the community can make their own decisions instead of a manager or an official at the center. It eliminates the possibility of the community being affected by the wrong decisions made by the administrators. In decentralized platforms, every member has enough power to determine their destiny.

Decentralized finance is the decentralized form of classical financial institutions. It is the general name of all financial projects that are managed entirely by the community, where people can meet their shopping or other financial needs without the need for intermediaries. Since the commissions received by intermediaries on central platforms will be eliminated, they have the ability to offer better rates than central platforms for both liquidity provider investors and those who need money and want to borrow money.

Crypto Emperium

Crypto Emperium is a platform that allows us to shop with our crypto assets since 2018 in order to facilitate the integration of crypto currencies into our lives. It is possible to trade with many different units such as BTC, ETH, LTC, XRP on the platform.

If you want to sell something and you only want to sell it for cryptocurrencies, I am talking about a platform where you can sell or buy if you want to buy something with your crypto coins. Crypto Emperium is a platform where you can do this directly with your cryptocurrencies if you want to buy and sell houses, cars, watches, electronic equipment, mobile phones or whatever .

Emporium Finance

To make the platform more attractive to use, they decided to create their own cryptocurrency, which will also express the community's authority to manage. In other words, the platform will be upgraded to a version that can be managed by its own users. You will be able to obtain CEFI Tokens by trading your cryptocurrencies or participating in the liquidity provision program for CEFI tokens in uniswap pools. Thus, those who work for the development of the platform and the users of the platform will have a say in the management of the platform.

In addition, Emporium Finance will be the first decentralized finance (DeFi) institution that can only trade with cryptocurrencies. In fact, while you are trading with your cryptocurrencies, you will also be able to earn income with CEFI tokens. Since you will be rewarded as a reward after each purchase of CEFI tokens, it will also enable you to purchase the products you will buy at a more discount.

Why is Emporium Finance Open to Development?

  • It allows people to participate in management, unlike central platforms, users are not affected by the processes caused by administrators. Most importantly, it provides decentralized trade between buyers and sellers.

  • It provides both transparent and fast shopping opportunity by providing the direct transfer of goods or services to be traded from person to person through crypto currencies.

  • Security issues in online trading are often high, Emporium Finance acts as an escrow in interpersonal trading, ensuring that the trade is duly executed.

  • It ensures that users are rewarded by earning CEFI tokens over their transactions and in a sense encourages them to increase their use.

How to Own a CEFI Token?

Basically, there are two different ways to earn CEFI tokens. First, you can earn CEFI tokens as an active user of the platform or by inviting friends. Over the next 208 weeks, distribution will be made to those who actively use the platform (60%) and to those who invite their friends (10%). 23% will be distributed as a fee refund to those who use the platform.

The other winning option is to provide liquidity to the CEFI / USDT pool on uniswap. The program will run for 8 weeks and will allow liquidity providers to win rewards in exchange for uniswap LP tokens. I add the necessary links at the end of my article so that you can get more detailed information about the project. You can always contact me via my contact addresses for the issues you want to discuss with me about the project. Yours truly..

Link Addresses

►Web Site: http://cryptoemporium.eu/
►Web Site (Finance): https://emporium.finance/
►Telegram: https://t.me/CryptoEmporiumGroup
►Medium: https://medium.com/ @cryptoemporiumeu
►Github: https://github.com/Emporium-Finance

My Contact Information

My Contact Information
Author: baksosuper
Eth: 0x9FE2d477B58493E88935d071838a190826DeC2E9
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2361818

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