Decentralized Finance (DeFi) is a movement that aims to create an open-source, permission less, and transparent financial service ecosystem that is available to everyone and operates without any central authority. The emergence of DeFi has now given us open and permission less solutions in financial services and an explosion in derivative offerings and synthetic asset exchanges. EDCOIN is going fully decentralized, allowing all our community members to maintain full control over their assets and interact with this ecosystem through Peer-to-Peer(P2P), decentralized applications(dapps).
Access to financial services is increasingly difficult. According to the World Bank, there are 1.7 Billion unbanked persons. With current epileptic banking services, rise in banking charges, depreciation of fiat currencies, and the abuse of power by Banks, even banked people are looking for alternative financial services.
Today, we proudly announce EDCOIN Decentralized Finance, a holistic financial ecosystem of EDMARK Group of Companies. With the launch of EDCOIN Decentralized Finance, a new wealth vehicle has been opened for our Community members. New utilities will be unlocked for the EDCOIN token and everyone anywhere can access the token easily and earn more tokens for participating in activities within the ecosystem.
We are excited to launch this new phase and appreciate all our Community members who have supported us since inception.
What to expect going forward;
- Full rebranding exercise which will introduce a brand-new EDCOIN website and token logo.
- You’ll be able to withdraw your tokens from EDEX by December, 1st 2020. (About 3 days time)
- We will announce a token burn schedule in a few days.
- AMA Session with Blockchain Marketing Manager.
- Our first listing will be on a decentralized exchange — Uniswap, others like — Moonswap, Balancer, etc., and other centralized exchanges will follow soon after.
- Anyone can provide liquidity on UniSwap AMM DEX and earn more rewards.
- You’ll be able to stake your EDCOIN token, on our EDStaking DApp, and receive more.
- Book for On-Demand services like same-day Food and Parcel Delivery with EDCOIN.
- EDCOIN will be available to purchase items in the Marketplace.
- Pay for Utility bills, Airtime, cable TV subscriptions, data subscription.
- Access to EDMARK City Infrastructure.
- You can lend or borrow from other Community members in the ecosystem.
- Governance: EDCOIN holders will be able to participate in the project by voting for the adoption of new ideas, features, etc.
Why is EDCOIN Decentralized Finance better than other DeFi projects out there?
- Minimal transaction fees and instantaneous execution of transactions, as you spend your EDCOIN — How much of your fortune are you spending on fees?
- Unbeatable staking rewards, earn more EDCOIN as you stake your EDCOIN tokens.
- A seamless experience for all users, no matter if you are a staker, trader or market maker — Yes, we care about usability!
- Built on Ethereum with cross-chain compatibility to maintain connectivity with the DeFi ecosystem.
- Creative thematic exposures in addition to Standard Liquids such as digital assets, commodities, forex, and market indices.
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