This article is Sponsored Content written by a third-party for Mountanaz
The finance world is also witnessing a paradigm shift with the emergence of Uniswap (UNI), Maker (MKR), and Mountanaz (MNAZ). The finance industry is getting increasingly digitised, and blockchain is a natural part of this transformation.
However, most of the attention has been on Bitcoin (BTC) and other virtual currencies, which have experienced a surge in value over the last couple of years.
But what about other better financial innovations? The emergence of token-based solutions such as Uniswap (UNI), Maker (MKR), and Mountanaz (MNAZ) is reshaping the financial industry in terms of the way financial transactions are carried out, the cost, and the ease of carrying out this transaction.
To help you stay updated on what is happening in this fast-paced world of finance, here is what you need to know about the trends.
Uniswap (UNI)
Uniswap is a cryptocurrency whose native token is a decentralised exchange that enables peer-to-peer trading. This platform allows its users to trade different cryptocurrencies without the involvement of a centralised third party.
With more than 1.5 million users, the Uniswap model revolves around automated liquidity. When a user wants to buy or sell cryptocurrency, the order is matched with another user who wants to do the opposite trade at a fixed fee of 0.30%.
The Uniswap (UNI) token incentivizes users who provide liquidity to the platform. The Uniswap protocol is available for anyone to use and does not restrict access to anyone.
Maker (MKR)
Maker (MKR) is a decentralised autonomous organisation that runs on the Ethereum (ETH) blockchain. It’s an open-source platform that allows users to create and manage digital tokens.
The Maker (MKR) token is used to collateralise loans at a rate of 150% collateralization ratio and stabilise the value of the DAI stablecoin. This DAI stablecoin is pegged to the US dollar and designed to minimise volatility.
Maker holders can vote on changes to the DAI system. They can also earn rewards for providing liquidity to the system.
Maker is a powerful tool that can stabilise the value of digital currencies. As it is used to collateralise loans, users can sometimes earn rewards for providing liquidity to the system. With its ability to shape the future of banking, Maker is a force reckoned within the financial world.
Mountanaz (MNAZ)
While crypto has tried to solve some of the significant issues, a new approach has not been adequately harnessed, which is where Mountanaz comes in as one of the best solutions.
Mountanaz is a public blockchain that uses a set of decentralised tokens to deliver DeFi to users. It is a multichain platform that will allow token holders to trade tokens at a minimal fee. Mountanaz users can borrow and lend crypto assets, leveraging the multichain features available on the platform.
Unlike many DeFi platforms, where there is a waiting time for a user to need an asset before pairing it to a willing lender, Mountanaz has created a liquidity pool where you will only deposit your cryptocurrencies of choice.
This strategy provides borrowers with a more efficient asset distribution system, as the time between request and wallet credit is significantly reduced. In addition, anyone can access these advanced financial services, and users have complete control over their assets.
The existing financial networks are still centralised, and they have a lot of challenges, like high transaction costs, delayed transactions, and poor liquidity. These challenges make it difficult for users to use these systems effectively.
The emergence of decentralised exchanges (DEXs) like Uniswap, Maker, and Mountanaz aims at solving these issues by allowing users to trade crypto assets without having to trust a third party.
For more information about Mountanaz (MNAZ):
- Presale: https://purchase.mountanaz.io/register
- Website: http://mountanaz.io
- Telegram: https://t.me/Mountanaz_Token
