DeFi is definitely important. Automatic market-making platforms and liquid mining allow users to truly experience the advantages of decentralized transactions, free transaction matching, high annualized returns, and so on. Countless experienced investors have participated in the DeFi wave to get a share of this huge wealth. The arrival of NGK DeFi Baccarat is undoubtedly a boost to the wave of DeFi market. Now with the airdrop of NGK DeFi Baccarat, more users will be joining in this sharing feast together.
Why choose NGK DeFi Baccarat? Most DeFi projects on the market are developed based on Ethereum. Its shortcomings such as slow transaction speed, easy network freezing, and easy-forking have brought poor user experience to users. The emergence of Baccarat improved the current situation. However, low handling fees, fast transaction speed, and large storage capacity are not the fundamental reasons why users choose NGK DeFi Baccarat. The most important thing is that it also has three main advantages.
The first point: NGK DeFi Baccarat does not have private equity products. The second point: NGK DeFi Baccarat has no pre-mining, so it will not harm the interests of most users and will not affect community governance. The third point, NGK DeFi Baccarat is a decentralized financial transaction system launched by the NGK.IO platform. Therefore, community governance is relatively strict and there will not be many centralized small groups. When investing in NGK DeFi Baccarat, users do not have to worry about their digital property being damaged by human manipulation.
Does NGK DeFi Baccarat have investment value? When NGK launched NGK DeFi Baccarat, it aimed to combine it with the ecological field to create the digitalization of physical finance. NGK DeFi Baccarat has undergone continuous testing and technological improvement, making its technology have advantages over most DeFi technologies on the market, so it can be applied to more ecological fields, thereby enhancing its commercial value. Therefore, in the long run, NGK DeFi Baccarat will have great investment value.
At present, there are two main forms for users to participate in Baccarat liquidity mining, namely exchange transactions between NGK and USDN and new currency mining. When performing NGK and USDN transaction exchanges, investors must first enter the DeFi exchange page in the APP, then select the currency to be exchanged, enter the amount to be exchanged, and click the “Exchange Now” button to confirm the transaction, and wait for the transaction to be confirmed by the blockchain.
If there is no desired exchange in the exchange, the user can create one at any time by entering to the exchange page and click ‘Create Market’, enter the currency information as required, click the “Create” button, confirm the transaction, and wait for the transaction to be confirmed by the blockchain.
As the market maker of Baccarat, NGK and USDN need to be pledged to the reserve pool. At this time, you need to enter the “market making” page, then select the “deposit” page and to select the currency, enter the amount of NGK and USDN, click the “deposit” button, confirm the transaction, and wait for the transaction to be confirmed by the blockchain.
After the changer exchanges between NGK and USDN, the market maker will receive a certain percentage of handling fees and BGV token rewards. At this time, if the market maker wants to withdraw liquid currency, he/she only needs to enter the “market making” page. Select the “Retrieve” page, select the currency and enter the number of vouchers, click the “Retrieve” button to confirm the transaction, and wait for the transaction to be confirmed by the blockchain.