In-depth analysis of BGV, understand the reasons for the popularity of BGV

At present, the DeFi market has greatly increased, and investors have observed it in the current pledge liquidity in the DeFi field.

The total lock-up amount should be the performance of users’ trust in the decentralized platform. DeFi can achieve trustless passive income, but every return must always be proportional to risk. The main goal of every project in the field of decentralized finance should be to minimize risks and maximize profits. BGV has achieved these two points at the same time, and has far exceeded these goals through the liquidity of all mortgage assets.

In-depth analysis of BGV, understand the reasons for the popularity of BGV

DeFi + cross-chain is the most popular track right now. The biggest feature of BGV is with the continuous growth of TVL, network security continues to improve, and all locked assets have liquidity.

BGV allows you to use 100% of your operating funds and provides an opportunity to enter the market for any digital token in the cross-chain ecosystem. We are making any digital asset, cryptocurrency, and stable currency a collateral. You can also get rewards from mortgages, make transactions, or use your mortgage assets in other DeFi applications, all of which happen at the same time.

In-depth analysis of BGV, understand the reasons for the popularity of BGV

The BGV project is betting that there is no liquidation risk like typical DeFi. This means that the risk factor is extremely low. At the same time, all collateralized tokens maintain liquidity in the form of collateralized derivatives, and holders can rebalance their investment portfolios without releasing the collateral. For example, derivatives can be used to obtain collateralized stable coins that will not be subject to the impact of market fluctuations.

In-depth analysis of BGV, understand the reasons for the popularity of BGV

NGK’s BFT-DPoSS consensus algorithm is improved based on the original DPoS algorithm in the industry. In the traditional DPoS algorithm, the lack of control over super nodes and incentives for Dapp developers has resulted in super nodes not assuming their due responsibilities and obligations, and application developers are not motivated to help ecological development. Eventually, the progress of the ecological development of the public chain has been seriously stagnated.

In NGK’s original DPoSS algorithm, the power of super nodes is delegated, and only Dapp developers who provide users on NGK.IO with sufficiently high-quality and practical services can become production nodes (BPS). After the holders of NGK tokens vote on the super node candidates through the voting system, 21 block producers are selected, and will negotiate the appropriate order of block rights according to their own network resource conditions to ensure the efficient operation of NGK network.

NGK blockchain