With the boom in Defi, a lot of projects are springing up, a lot of projects are flooding the market, from birth to death, and it’s not easy for a project to get out of the loop and get into the public eye, so what’s the holy point of Baccarat, which recently got people talking? Why can we go out in a lot of Defi projects, let’s find out.
Baccarat, a decentralized financial transaction system launched by NGK.IO, Baccarat with NGK.IO blockchain technology, is a global decentralized cross-platform financial system designed to create a lightweight, open, free financial world in which everyone can participate.
In ecological construction, the overall ecological system of Baccarat has been preliminary, and the future is expected. Baccarat has formed the Defi product ecology matrix and the traditional financial derivative application matrix, with the low threshold product experience, to reduce the user access threshold, through the diversification of products, form a comprehensive one-stop service platform, using innovative play method, to enable users to gain financial benefits and also social nature.
Baccarat provides a comprehensive Defi scenario for a wide range of users. In the future, on the Baccarat trading platform, users can participate in liquidity mining, type in gold and cash out at one click; In the Baccarat aggregator, users can achieve the best profit strategy configuration, easily maximize the profit; In Baccarat’s insurance scenario, the Baccarat smart contract underwrites the risk of a security incident and the credit risk of an asset……It’s fair to say that Baccarat’s whizz covers almost all of Defi’s app scenes, and in the Baccarat ecosystem, users can easily participate in this magnificent Defi blueprint.
The Baccarat model is just the beginning of a dramatic change in the industry. The Baccarat platform is not just a change in the token model, it’s a DEX with aggregation, which means two layers of meaning.
The first meaning is that the first user can use Baccarat for asset mortgage or asset synthesis NFT, and get the benefit through the transaction, which is the key to the sustainable development of the platform. NGK has always thought that as a platform, you have to first have a good business model that generates revenue. The decentralized finance program on the Baccarat platform can attract more people.
The second meaning is that the BGV token of Baccarat is a design token. The NGK.IO core team has a very rich experience in community governance, creatively incorporating BGV tokens into community governance through the NFT, and using BGVs to govern communities.
To obtain BGV tokens, currently only on the Baccarat platform can participate in the decentralized finance program, which is designed to store tokens through a smart contract, when a transaction pair is created, the user only needs to pledge two tokens at the price calculated in the current contract, providing liquidity to the contract after the capital injection is completed, and the reserve pool completes the decentralized finance when the transaction is generated, and the transaction processing fee and the new currency reward BGV can be obtained.
The decentralized finance program, which uses weighted equity dividends, yields at different stages of the early, middle and late stages of the year are significant. There is reason to believe that the Baccarat platform will be a big presence in the industry in the future.