![Es9Mj1IXIAUO2z4.jpg](https://cdn.steemitimages.com/DQmXs6rjs4TCNqiYxbMaaV24vgUBEh2AQJMpReJ33Gqy7Qc/Es9Mj1IXIAUO2z4.jpg) We all are living in the same world i.e. A Digital world where we can send messages to others digitally within just few seconds and sending our local currencies through different applications but If we can send messages, money digitally with just few clicks then why not the crypto currencies? Why can't we send crypto just as easily? or Offer them a loan? or mainly why can't we earn additionally from staking just like we do in our local banks called Fixed deposits and so on....These questions are the foundation of Decentralized Finance's (DeFi) beliefs, activities and objectives. >

Defining DeFi: “An ecosystem comprised of applications built on top of public distributed ledgers, for the facilitation of permissionless financial services.”

Decentralized Finance or Open Finance which is also popularly known as “DeFi” is simply the future of financial industry. It had actually proved to be very useful and effective especially with its recent surge in the last two years. DeFi products had grown exponentially within the last two years not because its coincidental, but because it had actually lived up to its expectations. More projects continue to migrate or add DeFi products to their ecosystem due to its versatility and efficiency. DeFi works via a decentralized, permissionless applications, called DApps, built on a blockchain network. To save pictures, get loans, trade, get insurance and the likes, are what DeFi brings on the table with ease to the economy.

Understanding The Benefits Of Decentralized Finance 🎁🎁

![1080x360.jpg](https://cdn.steemitimages.com/DQmZ2Jp4Mhxpf6CSt76dkwv8xJ7U499Cbnt1EXEfmyWXhTi/1080x360.jpg) ✔Decentralized finance utilizes Ethereum blockchain to increment monetary security and ease, open liquidity and development opportunities, and backing a coordinated and normalized financial framework. ✔Programmability: Exceptionally programmable smart contracts automate the execution and empower the formation of new financial instruments and digital resources. ✔Immutability: Tamper- proof data coordination across a blockchains decentralized structure increases security and auditability. ✔Transparency: On the open Ethereum blockchain, each exchange is communicated to and checked by different clients on the system. This degree of transparency around exchange information takes into account rich data analysis as well as guarantees that organize action is accessible to any user. Ethereum and the DeFi conventions running running on it is additionally worked with open source code that is accessible for everybody to see the internal working of any transactions , review, and expand upon. ✔Self-Custody: By using Web3 wallets like MetaMask to interact with permissionless financial applications and protocols, DeFi market participants always keep secrure of their assets and control of their personal data. ✔Permissionless: Unlike traditional finance, DeFi is defined by its open, permissionless access: anyone with a crypto wallet and an internet connection, regardless of their geography and often without any minimum amount of funds required, can access DeFi applications built of Ethereum.

💲💲"DeFi Growth"💲💲

![Capture.PNG](https://cdn.steemitimages.com/DQmQrLpd5t3Rof1sUqFGiv4tfZiwhmTGg2UEq2UkGudAwr3/Capture.PNG) DeFi, The newest buzzword in blockchain and crypto. What is it, and why should we pay attention? You should because it's an exciting new way to interact with and make money out of crypto if you play cards right. The crypto world has taken by DeFi because it represents a bold new departure from the world of centralized finance. It also has perks, like instantaneous transactions and anonymity.

Blockchain and Why is it considered as Revolutionary?✨✨

![images.jpg](https://cdn.steemitimages.com/DQmf7exzC6pT9DNcCZGeqLz2M5cMw2aN1HdENrUAJ7xmWZe/images.jpg) A blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record, not just financial transactions, but anything of value. Its essentially a digital spreadsheet that is duplicated across a network of computers. The network to update spreadsheet on the daily basis. As the information is shared and regularly updated and not shared in the single location, it's considered to be truly public and easily reconciled. Why is it Considered as revolutionary? Imagine not needing a single database that must be passed across the global geographies and and companies for updating.... ![Capture.PNG](https://cdn.steemitimages.com/DQmapvzw38hguhnCVBVgbi5qFgMYYRUuafazddzTa1zJb4z/Capture.PNG)

Why Most of the Projects Choose Blockchain Technology?❓❓

✔Blockchain uses cryptography to add a layer of security to the data stored on the network. The decentralization feature, on top of the cryptography, makes blockchain provide better security than other systems. Cryptography utilized complex mathematical algorithms that are used to secure the data and systems on the blockchain network. ✔Blockchain is inexpensive when compared to other technologies. The removal of centralized authority removes the buffer required to run the network optimally. With no centralization, there is no need to pay a middleman, improving cost efficiency. In the supply chain, using blockchain means less paperwork. The paperwork itself costs a lot. There are other costs associated, including hiring people to do the paperwork and maintain the intermediaries. ✔Lastly, improved efficiency is another answer to why blockchain is important. The cause is better security, intermediary removal, and overall better processes. Transactions also take seconds rather than a week to complete, especially international transactions.

Understanding the Value of KRAGX DeFi.....✨✨

![1615303105453.jpg](https://cdn.steemitimages.com/DQmTd1MxW3G1VzNmyvdStx2VXcasAfAceS6LCZX521pgNAJ/1615303105453.jpg) KRAGX is a DeFi project dedicated to provide Decentralized Financial tools (investing, lending, Assets swap, Liquidity pool, Asset staking, yield farming, community reward governance) to investors. KRAGX tends to solve all the problems attached to the normal Traditional Finance system. With the help of blockchain, KRAGX will revolutionize the finance industry in a big way. Since blockchain technology is transparent, immutable and secured, investors can easily delve into any financial services without any doubt. Also, there is trust in the system, thanks to Smart contract and Blockchain, all financial operations are publicly visible and contract are effectively executed as at when due.

How KRAGX is Beneficial for all of us.....✨✨

✔Lending and Borrowing – In KRAGX platform, users can lend and borrow crypto assets. Lenders provide crypto assets for lending to borrowers, they get paid by the premium from the loan and also earn passive income in returns. Borrowers use the borrowed assests to fund their projects and get reward in returns while contributing to the premium of the platform. In Traditional Finance, lending and Borrowing can be very tedious and time wasting. There are a lot of conditions and paper work required to get these loans. ✔Access Easily to Financial Services with Trading Finance - Traditional Finance allow you to Access Financial services, but investors need to pass through cumbersome processes. This can be frustrating. Sometimes some companies would even want you to come to their offices to do some paper works. Am sure, it’s time wasting and very stressful. With DeFi, anyone, anywhere from around the world can have free, quick and easy Access to Financial services within a twinkle of an eye. ✔Liquidity Mining and Yield Farming – One of the new concepts that has emerged in DeFi space is "Liquidity Mining and Yield Farming". It’s a new way to earn rewards by holding cryptocurrency using permissionless Liquidity protocols. Anyone can earn passive income just by holding cryptocurrency using a Decentralized ecosystem built on Ethereum. Why keeping your crypto assets in your wallets when you can actually invest them to earn passive rewards? This is definitely the essence of yield farming. Just lock up your cryptocurrencies and get rewards in returns. KRAGX will provide both Liquidity Mining and Yield farming services on the platform in a single click. Users will be able to provide Liquidity to paired tokens and earn rewards via the transaction fees. ✔Automated Market Making (AMM) – An automated Market Making is a type of decentralized exchange protocol that relies on a mathematical formula to price assets instead of using the normal Traditional “order book”. Investors will be able to earn fees on the exchange using AMM by providing Liquidity on the exchange. You can read more about how KRAGX will make use of AMM in the platform on the whitepaper.

How Can One Invest into KRAGX?💲💲

Investing into KRAGX is simply owning KRX tokens. This will be done with the help of smart contracts and Dapps. Smart contract is a computer program or a transaction protocol which is intended to automatically execute, control or document legally relevant events and actions according to the terms of a contract or an agreement. ![Capture.PNG](https://cdn.steemitimages.com/DQmPyP538CgeUQnK4nj9hKD1ofqTgqogJ2ZkMQYHFxYxD8h/Capture.PNG) Once a smart contract is initiated on our Dapp, KRAGX tokens will be allocated and you'll receive instructions on how to setup a secure wallet to store your tokens which will be sent to your wallets.

KRAGX Token (KRX)✨✨

KRAGX token is built on the Ethereum blockchain which will be the native token of the ecosystem. KRAGX token enable users to have access to lending, staking, Borrowing, lending, yield farming, Liquidity pool and governance to it’s holders on the platform. Holders of KRAGX token can make decisions on the platform by voting.

KRAGX Dapps 📱📱

![dapp.jpg](https://cdn.steemitimages.com/DQmaVbdTfSXXQo3q6WzfykrfDs3b1P2cvXbMPhLP2JuiWBW/dapp.jpg) DApp interfaces include digital asset wallets, web 3.0 browsers, centralized and decentralized digital asset exchanges, digital assets etc. ![Capture.PNG](https://cdn.steemitimages.com/DQmZrUJfYMqdoM3DsNK5ULk69Z6sZxsKaZ8CzN97a2VkNda/Capture.PNG) Lenders and borrowers can use Dapp to process and complete transactions on the Unifinance platform to serve their needs for accessing the digital assets lending marketplace. Meanwhile, The Unifinance ecosystem will increase the usability of Dapps interface and provide value added financial services.

💵💵Token Sale💵💵

![Ev224F2WgAEktXo.jpg](https://cdn.steemitimages.com/DQmTToAKe14iVVay2ttp1JazVsbYAPNsZqbGHyd6JNdXpGW/Ev224F2WgAEktXo.jpg) PRE-SALE IS LIVE WITH 14% BONUS. Participants need to visit https://kragx.io/sale/register to purchase and know about KRX token.

Steps on how to add KRX token into Metamask......

![1615303766098.jpg](https://cdn.steemitimages.com/DQmessLQs1tv8jwtZWG5Tvq5d5uvTboDAmjSpMv2RDX7GYa/1615303766098.jpg) ✔Download Metamask and create a wallet ✔Click on "add token" ✔Click on "custom token" ✔Add this address - 0xd13B3dCe37e116f29CadEcE4F20C13694935BFfC ✔Token Symbol - KRX ✔Precision - 18 ✔And click "next" ✔Wallet Created

Summery...✨✨

✔Traditional Finance system had created more problems more than it can solve. Investors are clamouring for transparency, low transaction fees, security and effectiveness. These are obviously lacking in Traditional financial system. Leveraging blockchain and smart contract technology, KRAGX aims to create an easy-to-use, transparent, secured and effective decentralized finance which will give opportunity to any investors ready to explore financial services in a single click without stress. KRAGX makes things easier for investors without doubting the system, thanks to smart contract. Full transparency is guaranteed! Want to know more about the project? Visit the links below; Website - https://kragx.io/ Whitepaper - https://kragx.io/whitepaper.pdf Twitter - https://twitter.com/kragx Telegram - https://t.me/kragx_chat Instagram - https://www.instagram.com/kragx_/ Youtube - https://www.youtube.com/channel/UCQXzubCYqUb6dNMp3NEoW9w Author - Rishabbb POA - https://bitcointalk.org/index.php?topic=5313790.msg56242784#msg56242784