Morbex Finance - Decentralized AMM Protocol with Multistrategy Yield Farming

 


Introduction

What is Defi?

Defi is a term given to financial services that have no central authority or someone in charge. Using decentralized money like certain cryptocurrencies that can be programmed for automated activities, we can build exchanges, lending services, insurance companies, and other organizations that don't have an owner and control by anyone.

What is AMM Platform?

An automated market maker (AMM) is a type of decentralized exchange (DEX) protocol that relies on a mathematical formula to price assets. Instead of using an order book like a traditional exchange, assets are priced according to a pricing algorithm.

What is Morbex?

Morbex is a decentralized AMM protocol incorporating multi-strategy yield optimization. We use secure financial instruments and advanced gamification models to make banking engaging, transparent, and accessible.

Benefits of Using Morbex

Swapping - Swapping is the process of swapping one token to another, on the same platform. Swapping is done with minimal fees for the liquidity provider, that has provided liquidity to the pool.

Liquidity - Liquidity is a measure of the ease at which an asset can be converted to another asset without affecting its price. In simple terms, liquidity describes how quickly and easily an asset can be bought or sold. Liquidity pools are one of the foundational technologies behind the current DeFi ecosystem. They are an essential part of automated market makers (AMM), borrow-lend protocols, yield farming, synthetic assets, on-chain insurance, blockchain gaming

Staking - A staking pool is a group of coin holders merging their resources to increase their chances of validating blocks and receiving rewards. They combine their staking power and share the rewards proportionally to their contributions to the pool.

Farming - Yield farming is a way to make more crypto with your crypto. It involves you lending your funds to others through the magic of computer programs called smart contracts.

Yield Farming in Farms is a great way to earn BEX rewards on MORBEX

What Is Yield Farming in Decentralized Finance

Yield farming is a way to make more crypto with your crypto. It involves you lending your funds to others through the magic of computer programs called smart contracts. In return for your service, you earn fees in the form of crypto.

Yield farming also referred to as liquidity mining, is a way to generate rewards with cryptocurrency holdings. In simple terms, it means locking up cryptocurrencies and getting rewards.

Yield farmers will typically move their funds around quite a lot between different protocols in search of high yields. As a result, DeFi platforms may also provide other economic incentives to attract more capital to their platform. Just like on centralized exchanges, liquidity tends to attract more liquidity.

Unlike Staking Pools, Farms require you to stake two tokens to get LP Tokens, which you then stake in the Farm to earn rewards. This lets you earn BEX on the Morbex platform while still keeping a position in your other tokens.

What is BEX Token?

BEX is the native token of Morbex finance. BEX can be used in the ecosystem for rewards, and other Defi features like staking and farming.

Utility of BEX tokens

Earn BEX and other tokens for free with super high interest rates.

Stake BEX, earn free tokens. It’s really that easy.

Stake LP tokens, earn BEX

You can still earn trading fees when you stake your tokens in Liquidity Pools (LPs)

Tokonomics

  • Ticker: BEX
  • Max Supply: 10,000,000 BEX
  • Chain: Binance Smart Chain (BEP-20)
  • Mining: 60%
  • IFO: 10%
  • Private Sale: 5%
  • Ecosystem: 10%
  • Team: 8%
  • Marketing: 5%
  • Lottery: 2%

Roadmap

Private Sale:

MORBEX Private Sale Will Start on 30th JUNE

  • Soft Cap-500,000
  • Hard Cap-1,000,000
  • Token Price- $2
  • Accept- BNB  BUSD
Conclusion:
Morbex is a decentralized AMM protocol incorporating multi-strategy yield optimization. We use secure financial instruments and advanced gamification models to make banking engaging, transparent, and accessible. Giving your savings the opportunity to grow.

➡️Website: https://morbex.finance/

➡️Telegram Group - https://t.me/Morbex_Finance

➡️Twitter: https://twitter.com/morbex_finance

➡️Reddit: https://www.reddit.com/user/morbex_finance

➡️Github: https://github.com/morbex-finance

Proof of Author:

➡️Bitcointalk Username: Decimated08

➡️BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2922116

➡️Telegram Username: @Superindian47

➡️Wallet Address: 0x9138d2a99b47fF2A98927fEBF620C622939a6E66





Comments

Post a Comment

Popular posts from this blog

VOLT-NFT Buy, sell and discover exclusive digital assets.

Image
  Overview: We follow our social media personality, favorite artist, celebrity, tattoo artist, photographer to see all the awesome they are doing and creating, rather than just following them you can just own a piece of their creation. With the Volt NFT marketplace, you can buy and sell digital items, collectibles from your favorite artist. Buy your own digital items as Non Fungible tokens also known as NFT’s. What is NFT? Non-Fungible Tokens are tokenized versions of non-fungible assets like artwork, real estate, collectibles. Non-fungible tokens can be used to create verifiable digital scarcity, as well as digital ownership. The specialty of non-fungible tokens revolves around three (3) concepts namely; Unique, Rare & Indivisible. What is VOLT NFT? Volt NFT is the first NFT marketplace that allows users to sell and buy collectibles and leverage NFTs on the Multi-chain support. The platform provides an ecosystem of services through an easy-to-use interface, connecting the communit
Read more

Seasonal Tokens - Protect Your Funds and Grow your Wealth over time

Image
  Overview Every Bitcoin user and a miner is well-aware of the term Bitcoin halving and what it means to Bitcoin. The halving is the name for one of the most highly anticipated events in Bitcoin’s history. This event affects just how much Bitcoin is in circulation so it doesn’t increase exponentially. In other words, this is Bitcoin’s way of using a synthetic form of inflation that halves every four years until all Bitcoin is released and is in circulation. Most investors believe the value of Bitcoin will increase and it may achieve better growth between now and its fourth halving in 2024. This is based on its track record over the years and with the results from the first and second halving events. You can call it Bitcoin price surges seasonally. Seasonality is a problem for cryptocurrency investors. When bitcoin goes out of season, investors need to look elsewhere. Seasonal Tokens have been engineered to make seasonality work for the benefit of investors. What are Seasonal Tokens? Se
Read more

MDEX - A composite DeFi ecosystem that integrates DEX, IMO, and DAO

Image
  What is DEX? DEX is a decentralized exchange, it is simply short for decentralized exchange and it is pretty much the same thing as any other cryptocurrency exchange you are trading on like Coinbase, Binance, Gemini. The only difference is, it operates without a central body. A bank uses a central body to operate essentially a third party but Dexes don't have a third party, they operate independently. The great thing about it is it supports peer-to-peer transactions and you can go ahead and trade cryptocurrencies with other people across the world, completely supported on the platform. Dexes are safer to use because you can control your private keys so that means you go ahead and plug your wallet and go ahead with the transaction, with centralized exchanges you do not have control of your private keys the exchange does so there is a big difference here. The Dexes are completely anonymous, there is no KYC, you don't have to enter any of your information. When you go to a centr
Read more