Review the Grandle Defi Project | Decentralized, unique, Secure, Transparent and with Maximum level of Security
Introduction
The traditional financial system which involves banks and other related financial institutions has been the most recognized and most accepted means for financial transactions and storage of funds. In fact, this has been so since around 1397 till this very moment but this does not mean that the bank has not been without its flaws. Banks have been the Centralized, retaining autonomous control of its client’s identity and funds, its staffs have labored using the 9am to 5pm work hours routine, one adopted from the industrial revolution which has been a bane to the system since it discourages flexibility, Transfers take a very long time, in most cases up to 30 days and the particular bank where a client’s account is domiciled remains the only inlet where the customer can deposit funds.
Clients and citizens of various geographical locations have been without a choice and have accepted the above limitation as a norm in the financial system but it must not be so. The Decentralized financial (Defi) system is a system which curbs the above mentioned flaws and brings in a whole lot of additional benefit to the table. One that would make investors pleased. Decentralized Financial system is one which employs protocols, digital assets, smart contracts and decentralized applications (Dapps) on the Ethereum network system and recently on the Binance Smart Chain (BSC) network. These networks present a financial platform that is open and accessible to everyone. Here there is no central body that regulates and controls your fund, you have the full power and control over it. Again, your identity is in your custody and is 100% confidential; this is the system Grandle will be built on.
Grandle Encapsulation
Grandle finance is a decentralized finance Blueprint that originates from Manchester, England. Grandle is one that functions and runs on the Ethereum based smart chain network. The Ethereum smart chain network was the network of choice from the development team since its supports easy interoperability between different platforms and presents one of the lowest fees in the market. So with Grandle Finance, you can bridge between Ethereum platform and Binance Smart Chain network with ease. The team has also chosen to develop its application on BSC to enable its subscribers earn tokens and reap from many other economic benefits. Grandle finance technology employs the liquidity of prominent Automated Market Maker (AMM) to provide better liquidity and Yield farming services for crypto traders and yield farmers.
Here is a short video presentation explaining how Grandle Finance system works and what the project is generally all about:
Grandle smart contract
The Grandle platform is built using an Ethereum smart contract. Developers employ Ethereum as an app to build the Grandle smart contract, one which regulates the transfer of Grand between the chain users. Grandle in itself will be used for centralized registration, democratized crowd funding and for supply chain management.
How Grandle Liquidity Mining works
Here, Grandle Token holders provide liquidity to the liquidity pool by depositing their tokens. This can be achieved by connecting your wallet via Metamask or Trust wallet to list a few. The Grandle token holders now deposit to the pool, offering liquidity. This s a form of mining called Liquidity Mining where the Grandle depositor earns Grandle token on a timely basis. During the liquidity mining activity, new Grandle tokens are minted. The Grandle contract employs an entirely fair distribution mechanism. This is to ensure that no user can interfere with the fairness of the Grandle ecosystem.
Grandle's solutions and innovations
˃ Grandle’s Interoperability
The Ethereum ecosystem and software is designed in such a way that Decentralized Finance protocols and apps are built to complement and integrate each other. Here, Blockchain developers and product teams have liberty to improve and build on top existing protocols, customize interface and merge third party applications. This is the chief reason why Defi protocols are “money legos”
˃ Grandle’s Permissionless service
Decentralized finance is characterized with having an open permisionless access. Here any crypto enthusiast with a crypto wallet such as Trustwallet or Metamask wallets to list a few can seamlessly connect to Grandle’s platform. No minimum fund requirement is needed for this operation. It is a service that is common with an application built on Ethereum.
˃ Grandle’s Self Custody
Here Grandle’s market participants have full control and rights over their digital assets and personal data. Once a participant has a Web3 wallet such as Metamask illustrated above, one can connect to any Defi platform without the need for KYC, email address or any personal data.
˃ Grandle’s Transparency
On Ethereum’s Blockchain open Ledger, every transaction is broadcasted is open for all users to see, irrespective of the user’s geographical location. This also applies to other users on the platform. This gives room for a rich data analysis and ensures that network activity is accessible to any user. This feature will mitigate fraudulent activities and bottle necks on the Grandle network.
FEATURES OF GRANDLE
˃ Farming and staking
Staking is one of the passive ways of earning cryptocurrency tokens in this dispensation because it employs Proof of Stake algorithm. Here the investor just has to fix his Grand Token for a stipulated amount of time and then Harvest the token of the stipulated pool in return, passively. You can stake Grand token in SYRUP pool but other pools will be presented by the Grandle administrative pool.
Regarding Farming, Liquidity Provider (LP) tokens can be deposited in the mining pool and locked for a stipulated amount of time to earn Grand tokens in return. This is also called Yield Farming by many platforms, since you have to contribute your own share of LP tokens to the mining pool.
˃ Pooling
The Grandle token has its own pool where it allows Grand Tokens to be paired with the Liquidity Provider (LP) token Pair for farming new tokens at absolutely no cost. The earning ratio is equivalent to the number of tokens you have supplied to the pool with proportion with the total number of tokens supplied to the pool. The payment or disbarment of accumulated new tokens is executed in real time.
˃ Cross- Chain Swapping
During the build up of Grandle, a Multiple-chain architecture was employed. It is a standalone but compatible system to the Ethereum Network. The sole aim of this design is to allow users transfer their digital assets from one blockchain to another. In this way, a sporadic and aggressive trade can be maintained in the Ethereum Network. Grandle is employing the same functions as the Ethereum counterpart, where BEP-2 and BEP-8 tokens from Grandle’s platform can be exchanged for BEP-20 tokens.
˃ Non Fungible tokens (NFTS)
If you are an innovator that produces contents that you want to be exclusive and free from the fret of copyright and piracy, then Grandle has Non Fungible tokens created just for you. Example of this type of priceless items can be a piece of art of a digital item that has a unique and rare value. The way the Grandle core team achieves this is by placing smart contract codes on the item the investor is presenting, making them special. NFT tokens can be used to digital creations a commodity and tangible value. These items can range from Arts to video games, music files or a special cooking recipe. I love the fact that Blockchain technology is being synchronized with human creativity, giving a soft torch to the financial technology.
GRANDLE MARKETPLACE
The Grandle marketplace is a Decentralized Finance platform built by the Grandle core team. This unique platform comprises of the official website www.grandle.io and www.grandle.finance to primarily accelerate the Initial Coin Offering exercise and asset management activities. The platforms are very detailed and everything is properly spelt out on an amazing user interface. The Platform is built on the popular PHP platform.
Blow are the list of items you can find on the Grandle platform:
Grandle.io ------------------------- Built for Grandle’s ICO sales and the dashboard.
Grandle.finance ---------------------- Built for Grandle’s Decentralized Finance Dapps
Grandle.exchange -------------------- Built for Grandle’s Decentralized Finance exchange
GRANDLE'S SALES STAGES
Stage 1: Total supply for sale is 8M. Bonus in this regard is 12% of your initial capital. The price for this stage is $0.09
Stage 2: Total supply for sale is 10M. Bonus in this regard is 6% of your initial capital. The price for this stage is $0.12
Stage 3: Total supply for sale is 16M. Bonus in this regard is 3% of your initial capital. The price for this stage is $0.25
Stage 4: Total supply for sale is 16M. Bonus in this regard is 1% of your initial capital. The price for this stage is $0.5
The team will be employing Binance Smart Chain (BSC) for its ICO exercise and will enable cross chain and cross bridge later on featuring on Ethereum network.
GRANDLE TOKENOMICS
For a more detailed explanation,
Initial supply: 90 Million
Sales allocation: 50 Million
Development and marketing: 20 Million
Bounty and Airdrop Campaigns: 300k to 450k
The remnant tokens will be locked for securing partnerships in future.
Management team
The Grandle management team is made up of personnels from various fields of endeavors. They are experts in their fields and will bring that expertise into the Grandle project to make it a reality. Remember the project originates from Manchester, United Kingdom. So it is a top notch project! Get involved today!
Conclusion
Grandle Finance presents a token that has alot of economic benefits, Grandle tokens can be mined, used for speculative purposes in the market and used to carry out a wide range of activities in the Grandle ecosystem. It is a utility token! Grandle's platform will be bridged Between the Binance smart Chain and the Ethereum network! Phenomenal. Grandle Finance is an amazing project, Get involved today!
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Author
Edykwan88
https://bitcointalk.org/index.php?action=profile;u=2632387
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