At the beginning of 2020, the total market value of DeFi was about US$800–900 million, but from May onwards, the DeFi has risen tremendously. The market value surged all the way, surpassing US$2 billion, US$4 billion, and then to US$10 billion now. This expansion only took half a year.
DeFi is considered as a “new financial revolution”. Today’s the DeFi projects can be extended to more application scenarios, such as token issuance, lending, transactions, etc., using smart contracts to replace the traditional institutions or intermediaries. In this way, anyone can participate without relying on the middlemen. The transaction costs are saved, the execution process is open and transparent, and the cost of trust is greatly reduced. These are the basic reasons for the greater development of DeFi.
The NGK DeFi applies a decentralized protocol, which changes the process of token issuance and bypasses the public and private placements. In the face of market concerns, the challenges and opportunities coexist under the DeFi trend. The exchange industry must closely follow the DeFi trend, giving full play to the advantages of the DeFi trading platform to meet market demand and seize the DeFi market dividend.
The Baccarat trading platform is designed to create a safe, stable, transparent, and fair decentralized DeFi digital asset trading platform, providing the global users with a high-performance and convenient DeFi token trading platform. The Baccarat team combines the professional smart contract transactions and the DeFi transaction modules. The DeFi transactions use liquidity mining and other methods to build risk control and AI analysis based on transactions and make anti-intervention and predictive guidance on the trading opinions. It also combines the transactions on the DeFi chain to conduct fair market value management, so that everyone can participate freely and reach the highest consensus on the DeFi trading platform.
The Advantages of Baccarat DeFi trading platform:
Advantage 1: Decentralized on-chain payment platform. All data is open and transparent where everyone can check and no malicious project.
Advantage 2: Fair and reasonable issuance mechanism, deflation model, high revenue, and long-term stability.
Advantage 3: Encourage decentralized token holdings, avoid large accounts, maintain the steady increase of token prices, and realize the wealth of token holders.
Advantage 4: No participation threshold, enjoy double benefits from the token holdings, obtain revenues from the rise of token prices and holdings, and enjoy generous returns.
Advantage 5: Easy to promote, trade at any time, less risk, no lock-in.
Advantage 6: Many application scenarios and strong ecosystem.
The DeFi industry will grow rapidly in 2020. The DeFi lending application ecosystem is prosperous and beginning to take shape. The share of DEX market represented by Uniswap has increased rapidly. The entire DeFi market is showing an explosive growth, and the DeFi has become the main player of this bull market. There is no doubt that DeFi has become a strategic location for exchanges.
The accumulation of traffic will be a key indicator of the exchange. With the launch of these well-known DeFi projects, the Baccarat DeFi trading platform will inevitably increase its popularity in the DeFi world.
