Recently, we have often heard the term decentralized exchange or what is commonly abbreviated as DeFi. It is a protocol that allows crypto developers to be able to implement traditional financial instruments into decentralized applications. Usually, this application will run in a decentralized manner and be based on the ethereum blockchain. With this protocol, people can stake, swap, lend/borrow, and farm - which increases their profit.
Talking about DeFi, there is a decentralized finance platform called Global Finance, which is the defi platform on the Binance Smart Chain, which will provide defi features that are profitable and available to everyone globally.
Global Finance: The Next Evolution DeFi Exchange on Binance Smart Chain
Global Finance is a decentralized finance platform developed on the Binance Smart Chain, which is a smart chain developed by Binance, one of the well-known centralized exchange platforms. The advantages of the Binance Smart Chain are a rich and growing digital asset ecosystem powered by Binance DEX, cheap transaction fees, high performance, cross-chain DeFi mechanisms that increase DeFi interoperability, and others. By utilizing the Binance Smart Chain, Global Finance can become a powerful decentralized finance platform that users can rely on.
Global Finance plans to become a flagship DeFi platform in the market that can provide users with a DeFi service that is built on the Binance Smart Chain and fully supported by the community.
Global Finance Features
Liquidity Pool: Users can become liquidity providers and get 0.3% of transaction fees on the liquidity pool.
Staking Pool: Users can stake their tokens and get a return of up to 7.2% weekly until all GFI tokens are reserved for the pool are distributed.
Global Exchange: A fully community controlled exchange platform. All fees collected on Global Exchange will be automatically shared between all GFI holders.
Liquidity Farming Pool: Users can become liquidity providers and farm their LP tokens and earn up to 10% interest weekly until all GFI tokens are reserved for the pool are distributed.
GFI Swap: Allows users to easily exchange DeFi tokens or Liquidity Pool tokens. All fees collected on GFI Swap will be automatically shared between all GFI holders.
GFI Governance: Allows GFI token holders to participate in the governance of the platform by voting.
GFI Token
GFI is a token launched by the Global Finance platform which will work as a token that will support the platform's operations. Global Finance plans to issue 50,000 GFI tokens with a limited supply and aren't burnable. The following are details of the GFI token;
Global Finance (GFI)
Total Supply: 50,000 GFI
All tokens minted: there will never be more than 50,000 GFI tokens.
No burnable: GFI tokens aren't burnable.
Where to buy: https://bscswap.com/#/swap?inputCurrency=BNB&outputCurrency=0xbb5a9898804319f8f78f9720183da9c81a41b1c8
Contract address: 0xbB5A9898804319f8F78F9720183da9C81A41b1c8
Bscscan explorer: https://bscscan.com/address/0xbb5a9898804319f8f78f9720183da9c81a41b1c8
BEP-20 Contract status: Contract Source Code Verified
In Conclusion
Binance Smart Chain is a chain developed by Binance, which has various advantages such as a rich and growing digital asset ecosystem powered by Binance DEX, cheap transaction fees, high performance, etc., which can improve the performance of the decentralized exchange platform. And Global Finance is a decentralized finance exchange platform on the Binance Smart Chain that aims to provide a DeFi solution that is profitable and is fully controlled and supported by the community. To simplify it, Global Finance is powered by the community, profitable for the community: no limit, no discrimination, just DeFi for a better world.
Keynotes
Global Finance is a DeFi platform for everyone - Staking, Liquidity Mining, Yield farming, Swap, and many more.
Global Finance aims to become the first DeFi Financial Center on Binance smart chain.
All solutions will be community-developed.
All profits generated by the ecosystem will be automatically redistributed to all contributors.
Connect
WEB: https://globalfinance.io/
TELEGRAM: https://t.me/globalfinance_io
TWITTER: https://twitter.com/globalfinanceio
MEDIUM: https://globalfinance.medium.com/
This is a great Info but i doubt if binance is fully decentralized.