Connect with us

Project

What is Paxo Finance? How to Join The Paxo Finance Testnet Research in 2022

Paxo Finance is a decentralized money market protocol that opens up investment loan options in Defi for global users to invest in digital assets via multi-pool borrowing. Paxo Finance Testnet. Paxo

Published

on

Paxo by fxkinfin

What is Paxo Finance?

Paxo Finance is a decentralized money market protocol that opens up investment loan options in Defi for global users to invest in digital assets via multi-pool borrowing.

it is compliant with the cryptocurrency and blockchain industry’s best security practices. All our smart contracts are certified-secure and have been audited by a reputable blockchain security firm.

They support a wide range of isolated pools and digital assets like WBTC, BTC, and MATIC as collateral. Our audited smart contracts also link to liquid decentralized exchanges

Paxo transaction fees are among the lowest in the industry for lenders to reap maximum yields. Borrowers’ rates are also uniformly adjusted depending on prevailing market conditions.

How to Join The Paxo Finance Testnet

At the end of May, they announced the launch of their first Incentivized Testnet program. In total, the team has allocated 200 000 $PAXO tokens for reward distribution to the testnet winners. You’ll need to test the platform, leave valuable feedback + complete a few simple social tasks to qualify for rewards.

REWARD DISTRIBUTION

  • 1st-50th place: 2,000 PAXO for each winner.
  • 51st-100th place: 1,000 PAXO for each winner.
  • 101st-200th place: 500 PAXO for each winner
Paxo Finance

HOW TO PARTICIPATE? follow this GUIDE HERE

Deadline: June 27

PAXO Finance will announce winners on July 6, and distribute rewards after the protocol’s Token Generation Event

Features on Paxo Finance

  • Bigger Loans for Less

Traders can take bigger loans on rallying markets for profit maximization. Optimists can also borrow to execute asset accumulation strategies during bearish markets.

  • Flexible Loan Repayment

Our loan repayment schedule and binding rules are not cast in stone. You can repay from a 3-month, 6-month, or 12-month systematic plan. Better still, you can customize payment time frames.

  • An Open Protocol for Everyone

At Paxo Finance, anyone and everyone can borrow. We are firm believers in decentralization, automation, and financial inclusion espoused by Defi. We stand by these principles. All you need is a crypto asset. No credit checks. No KYC. No social enforcement.

  • High Capital Efficiency

Deployed capital will always find useful. Whenever deposited digital assets aren’t deployed to undercollateralized borrowers, be rest assured they are building wealth and making money for you on other partner collateralized lending pools such as AAVE or MakerDAO.

  • PAXO portfolio builder

It Portfolio Builder is for the ambitious, goal-oriented user with a given crypto investment target to meet in a given period.

  • Balance profit and risk

Our tailored isolated pools cater to all types of lenders. Depending on your risk profile, a lender can invest in multiple pools to meet their investment goals. All our pool smart contracts are publicly accessible and can be inspected.

How does it operate?

It works in a similar way to borrowing money to purchase a home or investment property. You borrow money to invest in a portfolio of crypto/digital assets. The borrowed funds are then secured against the portfolio of digital assets where the digital asset is locked in the smart contract until the loan is paid back.

LendBorrow and InvestSettle
Connect walletConnect walletRepay the borrowing with interest
Select poolDeposits collateralSell the asset on DEX
Choose your preferred digital assetChoose cryptoRelease the collateral instant
Accept the offered APYSelect loan multiplier range from 2X to 5X
Click to ApproveAccept the loan offer
Start earning PtokensSmart Contract is executed
Start earning PTokens

PAXO is a governance token that controls interest rates, changes in the protocol, and development roadmap. inclusion of new assets, reward distribution, etc.

For more updates on Paxo Finance check out their website for more great news

Not a Financial Advice

The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such. Fxkinfin does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

READ THIS POST  Gary Gensler says that the SEC is ready to Protect Investors in 2022

Kingsley Francis is the founder and Partner at Fxkinfin Financial Advocates, owners of fxkinfin.com. He is a financial writer with extensive experience in print as well as online media.

Project

VisionGame Ambassador Program, What Should You Expect

VisionGame brings the traditional game publishing experience, boosted by the blockchain. VisionGame offers a suite of tools for developers and gamers. visiongame token. visiongame coin. visiongame price. visiongame contract address. visiongame crypto.

Published

on

visiongame by fxkinfin

What is VisionGame?

VisionGame brings the traditional game publishing experience, boosted by the blockchain.

Gaming companies have to split resources between providing a great gameplay experience, raising the necessary funds, and gaining the know-how required to implement complex blockchain features. Users have to face complicated onboarding processes often requiring substantial initial investments and have a hard time offering early support for the projects they like, trusting that NFTs will turn later into valuable in-game assets.

VisionGame Ambassador Program

VisionGame offers a suite of tools for developers and gamers, aiming to improve the quality of the releases within the industry. VisionGame lines up to be the only one-stop solution for both traditional and blockchain game development companies.

If you’re interested in finding the games of tomorrow and call yourself a proud game and NFT enthusiast, then it’s your time to shine! You can sign up to become a Vision. Explorer and take part in a rewarding initiative to amplify the gaming experience in the blockchain industry

VisionGame ambassadors will:

  • organize, host, and lead local events,
  • create & translate educational content,
  • craft compelling designs and keep the community engaged.

Anyone can do this!

REWARDS:

  • Project tokens + secret benefits.

HOW TO APPLY

Fill out the form as a Vision.Buzzer

VisionGame

Vision Game Technology

At the core of our technical solution, stands VisionSDK. Through a mix of centralized and decentralized architecture, our SDK allows developers to keep the focus on their craft while we take care of everything else.

Our decentralized core layer powered by Enjin allows our users secure and reliable access to their NFTs, guaranteeing a floor value to every in-game item they own.

A multiple-blockchain approach allows developers to access the latest and most popular technologies the industry has to offer.

Feature on VisionGame

  • For Gamers:

From taking down onboarding processes, simplifying access, and connecting developers and players on another level.

  • For Developers:

From VisionSDK to Visionoffering. simplifying development, community building and fundraising

  • The Vision Factor:

Technical and creative consultancy, raising the industry bar one amazing game at a time.

  • The Ultimate Publishing Ecosystem:

Products, tools, and services for a one-stop solution aimed at game developers everywhere/

Vision Token

Services on VisionGame

  • Simplified Development

Game Developers can implement complex blockchain features, and generate NFTs, and more through an easy-to-use interface, without taking away resources that could go towards perfecting their game experience, thanks to the VisionSDK.

  • Growth Accelerator

Conversion rates drop drastically when early investments and crypto-knowledge are a hard requirement to play. Our single sign-on process and a new advanced wallet will make complex onboarding a thing of the past.

  • Crowdfunding Platform

Offer and demand have never been met so easily. Through Brand Tokens, users can support the projects they love before committing to specific NFTs, and companies can develop the best games without being tied to early promises, thanks to VisionOffering.

VisionGame Roadmap

  • 2022 Q1

VisionSDK Alpha Release ( Enjin & Solana Support )

VisionOffering Alpha Release

TBA Game Demo Release

  • 2022 Q2

VisionSDK Beta Release

VisionOffering Beta Release

VisionWallet Alpha Release

TBA Game Playable Campaign

  • 2022 Q3

Vision Ecosystem Fully Released

Continuos updates and support

VisionFile TBA

  • 2022 Q4

VisionSDK 1.0 Release

Vision Offering 1.0 Release

VisionWallet Beta Release

TBA Game 1.0 Release

About VisionGame

VisionGame brings the traditional game publishing experience, boosted for the blockchain. A suite of unique products, and technical and creative services, all to support the ever-growing gaming blockchain industry, raising the bar one game at a time.

  • VisionSDK

Powered by popular technologies like Enjin and Solana, our SDK shaves away months of development time by making technical features that usually require dedicated teams, just a few minutes away.

  • Vision Wallet

Complex onboarding processes are stopping the market from expanding at a healthy pace. One simplified, technical-free, handholding wallet will open the doors to a whole new generation of gamers.

  • Vision Offering

A crowdfunding platform like no others, it lets developers connect with their audience and raise their funds without committing too early to NFTs as in-game items, allowing the creative juice to flow for the benefit of their game.

  • Vision Community

Being part of our community means having an endless plethora of games to play hassle-free. It’s enough to onboard one of the games we support, to gain instant access to all of them with no further onboarding processes.

VisionGame Contract Address

HVkFqcMHevVPb4XKrf4XowjEaVVsBoqJ2U1EG59Dfk5j

More about address and price here: View

If you would like to know where to buy VisionGame at the current rate, the top cryptocurrency exchanges for trading in VisionGame stock are currently BitgetKuCoinHuobi Global, and BitMart.

Do you guys participate in ambassador programs like these? If you skip them, why? in the comment section.

Not a Financial Advice

The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such. Fxkinfin does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

READ THIS POST  Metaverse Game Studios Raise $10M in Funding, What You Should Know
Continue Reading

Trending