What are the advantages of NGK DeFi Baccarat liquidity mining pool?
NGK Baccarat, a liquid mining platform based on the NGK.IO blockchain, is undoubtedly one of the most watched mining projects this quarter. NGK Baccarat is currently a perfect model that uses its own blockchain network to effectively solve the current Ethereum congestion problem and the liquidity mining shortcomings.
The NGK team has considered about everything. They will host a series of free DeFi agreements in an interconnected ecosystem, namely the automated market makers decentralized exchanges, dapps coin and derivatives decentralized exchanges, lending platforms and NFT markets. It takes implementation as the ultimate goal, so that the real benefits are returned to the users and committed to the diversified development of DeFi.
NGK.IO blockchain has improved EOS’s new-generation graphene blockchain architecture to empower the real economy. It is issued through STO security tokens. The corporate equity held by the USA International Covenant INC, who is the initiator of the NGK project, is used as the background of STO issuance. The value tokens supported by the real assets are fundamentally different from most of the air coins in the market.
Baccarat conducts cooperative management through its own financial agreement and the NGK platform agreement. This enables the users to obtain passive income by depositing their tokens. It also uses smart algorithms between different agreements to calculate the maximum rate of return that users can obtain for settlement. This avoids the capital loss caused by the liquidity mining between different currency markets, token pools or different protocols. Thus, it can further ensure the safety of participants’ funds.
Liquidity mining has relatively few participating users and other DeFi sectors due to its cumbersome process. However, Baccarat can complete the transaction by simply depositing and lending. The audience has expanded, the threshold for participants is lowered. The users can have a clear view of the principal and income.
NGK.IO blockchain can support multiple protocols, while the users can choose the same agreement or cross-protocol operations. It creates more options, more independencies and diversified trading for the users, and better promotes the industry’s B2C virtuous circle
The NGK Baccarat system rewards both lenders and borrowers. This allows users to leverage operations, adding a way to the NGK Baccarat model. The smart algorithm of NGK Baccarat platform provides users with risk assessment, so that investors who pursue high returns have another way to obtain higher returns without fear of risk.
The average confirmation time of the NGK Baccarat network is about 2 seconds, but the handling fee is less than 1/1000 of the Ethereum network. This effectively solves the high GAS fees and congestion problems of Ethereum network, and creates a smooth mining experience for NGK Baccarat. It can be said to complement each other.
Nowadays, DeFi is getting more recognition from the users. It has incomparable advantages in terms of privacy, fairness, asset security, etc. It reduces the financial costs, and it is trustless. Thus, we believe that with pioneers like NGK DeFi Baccarat promoting the DeFi projects, DeFi can eventually move further.