Hello everyone, from the day Bitcoin hit an all-time high! Bitcoin was the first spark that made a fire burn. It has expanded the uses of blockchain technology, making it a technology that ordinary people can use. Ethereum and other innovators continue to follow. The most innovative technology of recent months is undoubtedly Decentralized Finance. In this article, you will find details about the future vision of decentralized finance and Smarts Finance, which brings solutions on decentralized finance . Do not hesitate to read my articles to keep abreast of new developments.

The desire of people to have a say on the management within the vision of the future continues to increase day by day. Since central institutions or structures lead a life entirely dependent on the decisions of the central manager or decision-making mechanism, they also bring some problems. Decentralization refers to the full distribution of authority from the center to all members of the community. It represents a real democracy, not a representative democracy.

The concept of decentralized finance is an innovative approach put forward to liberate financial institutions. Central financial institutions have wheels that turn on the interests of managers who are always in the center. It is purged of problems caused by the mistakes of the administrators or the structures in the center. To give an example for the crypto world, you can hear the screams of thousands of victims who were damaged by central institutions in the past. Investments lost due to fraud attempts and mismanagement that caused investors to lose their money made the central mechanisms rich and impoverished the community.

Decentralized finance eliminates the central structure that causes these problems and transfers all management processes to the community. Smarts Finance and similar smart contracts running on the Ethereum network provide the infrastructure for these systems to work.

Smarts Finance promises to offer many features of today's financial institutions to users in a decentralized manner. It enables communities to interact directly with each other by using methods such as borrowing, lending or obtaining passive income without any intermediaries. You can perform your transactions directly through smart contracts on the ethereum network without the need for a bank or financial institution.

Smarts Finance has many competitors in this area , but they want to expand the usage area of ​​the platform by offering various advantages against their competitors. By offering more favorable rates for both those who want to borrow money and those who want to lend, it eliminates the profit shares of central financial systems and distributes these dividends completely among users.

While performing all these, they do not neglect to encourage their community to use the platform with various awards. They offer privileges that are likely to highlight themselves over their competitors to the community. They also have various studies and solutions to solve the high gas fee problem, which is one of the biggest problems of decentralized finance platforms.

One of the most important wheels among the working principles of decentralized platforms is liquidity mining. It helps investors generate income by providing liquidity between their trusted peers. Your investments that you place in a pool allow people to trade between different units, and in this way, you earn income in proportion to your share in the pool over each transaction.

When you borrow money from a bank, the bank's dividend is added to the interest rate. When you perform this transaction using Smarts Finance , since this transaction will be performed without an intermediary, more profitable options are created for both parties. Central platforms receive various deductions from both the lender and the borrower. Decentralized platforms like Smarts Finance aim to eliminate these intermediaries. In this way, you can get income by lending your money directly or you can find the opportunity to borrow under more favorable conditions.

It is the general name of the systems that enable you to get passive return on your investments. It is possible to increase the amount by staking the platform's own tokens, SMAT, USD-based stable coins or crypto units that you trust in the future. Smarts Finance aims to provide different staking income opportunities.

It has a token structure that allows running smart contracts based on ERC-20 on the Ethereum network. In addition to being the management token of the decentralized Smarts Finance platform, it is the unit that can be used to stake or reward users for borrowing and lending actions. The total number is 400,000 SMATs and 60% of this amount is reserved for staking and other activities on the platform.

In order to get more detailed information about the project, I add the link addresses of Smarts Finance at the end of my article. You can always contact me via my contact addresses for any issues you want to discuss about Smarts Finance . Yours truly..

• Website: https://smarts.finance/#home
• Medium: https://smartsfinance.medium.com/
• Twitter: https://twitter.com/Smarts_finance
• Telegram: https://t.me/smartsfinance
• Discord: https://discord.com/invite/rertF5a

Author: baksosuper
Eth: 0x9FE2d477B58493E88935d071838a190826DeC2E9
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