Decentralized Finance continues to be hot, can NGK help DeFi’s new prosperity?
Since June 2020, DeFi and DEX have come to a head, public chain, represented by ETH, has again witnessed a large-scale industry, and central trading platforms have faced new opportunities and challenges. The CeFi+DeFi is gradually converging to bring new insights and experiences to investors.
Recently, Decentralized Finance’s enthusiasm has been curtailed in response to market corrections, but DEX has continued to be strong and new windows for decentralized finance have opened. With the development of blockchain technology has reached an unprecedented level, ground application is becoming more and more widespread. Central banks have been actively experimenting with blockchain technology to build new financial systems, and there have been global financial innovation projects led by tech giants such as Libra.
Based on the global wave of decentralized infrastructure construction, NGK was created to create a public-chain system that can be used efficiently by anyone in the world.
The NGK is the underlying proof of the NGK, a necessary part of the DPOSS consensus, with the distribution mechanism being Genesis and annual decline. 2020 will be the year of the development of DeFi and the cross-linked sector, and the emergence of the NGK public chain will better integrate the diversification of new financial sectors in the industry.
Currently, NGK focuses on five ecological directions: issuing digital assets, independently setting up a de-centralized exchange, releasing DeFi applications, running smart contracts, carrying BTC cross-chain and other digital assets expansion and links, etc., to realize the large-scale commercial application of blockchain technology.
First, users can issue their digital assets based on NGK. Other tokens can also be moved to NGK to run across the blockchain public chain era.
Second, any user can build their own decentralized exchange based on NGK, and can decide exactly what assets and trading pairs to go on line.
At present, the first decentralized application based on NGK has launched the NGK/USDN transaction pair, users can trade experience.
Third, users can develop their own DeFi applications based on NGK and create and perfect a highly autonomous financial system based on blockchain technology and digital assets.
Fourth, NGK will carry a wide range of smart contracts to make itself work based on the blockchain era.
Fifth, NGK will carry BTC cross-chains, and in the future, more derivatives businesses such as NGK’s market data and blockchain browsers will be launched on NGK.
NGK is the underlying facility for high interoperability and high performance, enabling more digital assets and users to freely flow through cross-chain mode.
In the ever-changing world of blockchain, which is a great time span, willing to invest time and enthusiasm in the development of public chains, and achieve amazing things like millions of TPS, fast-chain, and cross-chain autonomy, such teams are themselves legends. NGK public chain has vowed to make loyal believers the masters of life, harnessing the flow of life through cutting-edge technology, disruptive innovation, and collective intelligence.
Looking back at the whole blockchain industry is too good. The concept of cross-linked +DeFi has gone into the public eye and is now in full swing. Automated liquidity mining plays an important role in the evolution of DeFi.