2020 is the booming year for DeFi. The rise of DeFi is unexpected, and it is a financial innovation driven by the technology and products.
The user experience and brand are a powerful source of the NGK DeFi agreement to maintain a competitive advantage and attract the users. This brand effect will be obvious when a certain DeFi project is first successfully built in the market. A good project must be built according to the user needs. With that, a better experience can be created. The users can regulate the project and jointly build the brand with the project.
The Baccarat is positioned as the world’s first cross-chain DeFi ecological platform to break the barriers between chains, effectively connecting the value islands in the dimension of decentralization, accelerating the frequency of value exchange and ultimately promoting the price. The Baccarat platform will use its innovative cross-chain smart contracts to provide the global users with a good trading experience through the “on-chain settlement, off-chain transaction” method.
During the bear market, the investors need a place where they could put their assets and generate sustainable income to recharge their energy for the next real bitcoin’s bull market. Speaking of this, the DeFi liquidity mining was followed many major exchanges few months ago. With the continuous rise of DeFi, the concept of liquidity mining began to be widely spread and used. However, the DeFi mining is a “first come, first served” mining service. The investors who have participated in this should be very clear that although DeFi mining has lower costs and other benefits than traditional mining, its profits tend to decrease over time. This is the characteristic of DeFi mining. The income of DeFi mining is restricted when the number of its investors is increased, and the market value of DeFi is reduced due to the good Bitcoin market.
The Baccarat is a unique community governance created by a world-class blockchain team and guided by technical talents from Europe and Silicon Valley. It is based on the distributed ledger and blockchain technology to build centralized wallets, transactions, and a service ecosystem integrating the decentralized financial technology facilities such as oracle and asset management. At present, it is indeed the most eye-catching one among the various DeFi projects.
The Baccarat is a technically unique and innovative project aimed to break through DeFi. The hyped and plagiarized DeFi projects can no longer meet the needs of development, and they are no longer attractive to users in the market. Thus, only the project with core development potential and practical like Baccarat can achieve the success. The Baccarat integrates the basic version of liquidity mining. The technical team is almost completing the internal testing, and the Baccarat’s new first mine is deployed.