Paper Key : IRJ************712
Author: Dhanashri Shrikant Kore,Neha Mahadev Halwai,Sakshi Vitthal Bhise,Pratiksha Prakash Aoutade
Date Published: 20 Nov 2024
Abstract
DeFi Platform is a platform for deploying money by new technology. It is based on the technology of the blockchain, which is a way to record operations, and its purpose is to make it understandable, secure and provide users with more flexibility. omplicated processes such as staking, trading, and tokenization are performed with the help of special computer programs known as smart contracts; they do not require intermediaries. It also has a special kind of token which you have an opportunity to receive for participating in its Initial Coin Offering (ICO). This token allows the customer to make the tokens available to them to be utilized when staking to earn rewards. It also has some neat things like data to token, various ways of taaking prices. All these things are aimed at making users more engaged by displaying who is performing better and awarding individuals for getting to know. But it does not end there, with the platform you are able to tip good causes with tokens so you can do your part while using it.
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