Introduction
DeFi has become a disruptive popular trend in the current global crypto space .What makes DeFi stands out in Crytocurrency industry is its undiluted decentralized structures. Decentralization has not been fully implemented in the cryptocurrency ecosystem and this is one of the major factor limiting crypto adoption .The emergence of DeFi has changed the narratives in the industry . Large scale investors , institutional investors and retail investors all over the world are investing biggerly in DeFi projects due to its transparent and permission less nature.
In this publication, i will be discussing about a blockbusting DeFi Platform which i believe my readers will find interesting . Almost all sectors in conventional cryptocurrency are now incorporating DeFi in other to dance to the tune of the industry and boosting operational efficiency . I shall be discussing about DRK decentralized Exchange in this article and how it aims to disrupt the global financial system through its DeFi products and services.
About DRK DEX
DRK DEX is one of the best thing ever happened in Cryptocurrency Industry . It is the world first cross chain Decentralized Cryptocurrency platform . DRK DeFi product is quite outstanding because the project has its own Chain . The DeFi platform will operate on DRK chain and will give room for all other cryptocurrencies to be listed on the exchange through DRK cross chain protocols. As mentioned earlier, DRK is an independent open source blockchain platform. It allows developers and startup projects to build their dapps and projects on the chain . Something huge is ahead , this is just the beginning of the journey!! Future projects willing to develop their projects on DRK Chain can issue DRK-99 token on the Chain . DRK offers the best blockchain ecosystem that is highly scalable, fast and fair in terms of transaction cost.
How Does DRK Ecosystem aims to achieve its Goals
Few of the DeFi projects are succesful because of the wrong managerial policy governing them . DRK is willing to achieve success by all means . All measured to be successful in DeFi race has been put in place . It is willing to offer a sustainable DeFi service that will be beneficial to the global users. DRK is a blockchain platform that offers varieties of digital financial services.
Amongst services rendered by DRK blockchain includes :
1. Blokchain Services which will enable users to issue DRC-99 token for fund raising , tokenization and more.
2. Cross Chain Decentralized Exchange service
3. Crypto Gaming platform
4. DRK DeFi products includes :
(i) DRKswap
(ii) DeFi Ecsosytem for multi-blockchain i.e Ethereum, Blockchain, Tron and more .
(iii) Crypto borrowing /Lending service with interest.
(iv) DRK insurance Funds and supports
(v) Governance Dapps which empower users to Votes and make decision./Voting for coinn listing and more.
COMPARATIVE ANALYSIS OF DRK DEX AND FORKDELTA DEX
(a) Enhanced Blockchain Network
DRK offers ultra modern blockckahin network with high scalability . DRK chain offers high transaction speed, cheaper transaction cost and highly secured blockchain network . Ethereum network though might have gain popularity and adoption as an EARLY BIRD blockchain platform . It is not a news that the cost of transacting on Ethereum is very costly. The gas cost is not comfortable for the users . Besides, it cost extremely high charges to transact on the blockchain most especially in a period of congested network. DRK Chain has emerged to reverse all these ugly anomaly by offering the global users, developers and business startup an high quality, secure, transparent blockchain services . It cost extremely low to transact on DRK chain . Besides, the speed of transaction is super . Transactions are verified at instant because the network is capable of handling up to 10,000 transaction per second.
(c) Cross Chain DEX
DRK DEX is offering something new in Crypto exchange industry . DRK DEX cross chain feature makes it more advantageous in Cryptocurrency industry .This feature allows any form of coin or token to be tradeable in the exchange . Unlike Etherdelta or IDEX whose trading tokens are limited to ERC20 token .DRK DEX has no limitation . DRK Dex incorporate a features which enables any type of token or coin to traded in their exchange , be it ERC20, TRC20 and many more tokens on different blockchains.
(d) Exchange Security : DRK Blockchain is the blockchain that power DRK DEX .It is a very secure blockchain network . Users will always take control over their assets as a decentralized exchanges. Trading is conducted in Peer to Peer standard and no one is harboring users funds. Users manage their funds through their assigned private keys. With users private keys they can always log in to the exchange and conduct transactions . As a decentralized Exchange , users dont have to provide their personal details like registering with their email , names and password . IDEX is abusing the rule of decentralization . I do not see IDEX as a complete decentralized exchange. It is a DEX that requires users to register their personal details to trade. With DRK DEX users only need their private keys to
login to the exchange.
(e) Fair transaction charges : DRK DEX offers cheaper transaction cost . Both DRK chain and DEX offers low transaction charges. Unlike in FORKDELTA Platform where transaction charges is very indecent . DRK DEX offers cheaper transaction charges , hence allowing comfort and profitability for the traders. Transacting on Ethereum network is quite expensive .Trader with low capital will find it very unpleasant where transaction charges is excess for them. DRK DEX provides the best Exchange service with cheapest transaction cost in crypto exchange ecosystem .
Conclusion
Without doubt the future of Crypto Exchange is DEX. DRK DEX is a pioneer in cryptocurrency exchange ecosystem . The exchange has emerged to reverse a the ugly trends in Crypto exchange ecosystem by offering the global traders, developers and business startup high quality, secure, transparent blockchain , DEX , Gaming and DeFi services . As a trader stop missing out and be part of the Winning Team . Start trading on DRK DEX.
Offficial Links
Official Website: https://draken.tech/
Whitepaper:https://drive.google.com/file/d/1mHtV50CktdFCyD_NaH370sZ8sOBehgce/view
Telegram : https://t.me/Drakentech
Facebook : https://www.facebook.com/DRKDEX
Twitter: https://twitter.com/DRKDeFi
Medium : https://medium.com/@DRKDeFi
Authors info
BTT Username: Gringrace
BTT link: https://bitcointalk.org/index.php?action=profile;u=2822451
DRK Address : 0xf641e33aCbDC5a7C6882Ca61c9265AF10E91256F
Tron Wallet : TFQTTjfMxe1aT6Me2y4gNJvxAMTT7Syt5q
