An Exciting Innovation Of AVNRICH
Have you ever heard about DEFI? Defi is the hottest topic in the crypto space right now. It’s a more eye-catching movement than the legendary ICO of 2017. Many Defi projects are developed everyday and there are currently $7.84B Total Value locked on defi. You heard about DEFI everywhere and you get about to perceive the intended meaning of it. Let us give you a short understanding of DEFI and how it works through continuously reading this article.
What is DEFI?
DEFI or Decentralized Finance System is a movement that aims at making a new financial system that is open for everyone and doesn’t require any KYC or financial institution like banks in making deposits and loans. Defi is a conclusive liquidator app and an intensive promotion in the Ethereum blockchain nowadays. The desired objective, DEFI relies on cryptography, blockchain and smart contracts.
What is a Smart Contract?
Smart Contract is a tiny program that is stored and executed on the blockchain to make it trustless and secure. This is a piece of code that can be performed automatically in a particular way. Smart contracts have the power in receiving, sending and storing funds.
How do Smart Contracts work?
A smart contract carried out a contemporary interest with cryptographic code. A basic guide to understand how smart contracts work. Every time a coded software instruction is used, thousands of computer networks are performed to process it. The Ethereum Virtual Machine (EVM) is having great power and is responsible for executing contract “bytecode”. Contracts are typically written in smart-specific programming languages like Solidity then assembling information collected to EVM bytecode.
Now you’ve got a small piece of knowledge about DEFI and it’s really a deep pleasure to make a public announcement about the progress of the new development of AVNRich Project. We have achieved the perfect development and it only takes some time and its ready for Launch, AVNRich team is going to launch our own AVNRichDefi and AVNSWAP System. Let us start knowing about What is AVNRichDefi? And What AVNSWAP System?
What is AVNRichDefi?
We believe that having financial freedom is about peace of mind. What creates people’s struggle with financial issues is the deficiency of income resources. Our Mission is to construct a community of people to assist in achieving true financial stability. Hand over of dividends on simply holding our own cryptocoin AVNDEFI. AVNDEFI is the course of action of providing answers to their goals.
AVNRichDefi is a platform that provides users with a secure and safe platform that is similar to DEFI protocol. By simply connecting your wallets to the system and accessing your account freely, just keep your wallet private key safely.
What is AVNSWAP System?
Allows you to swap your token into another cryptocurrency. You’ll just need to connect your wallet to do the swapping. AVNSWAP now supports token lists, Token lists is a detailed description for list of token metadata.
These 2-in-1 systems, the AVNRichDefi platform and AVNSwap are provided to you as part of the significant development for this project. As we have mentioned, we will formulate the new AVN as more valuable and beneficial. Innovation is about to begin!! Thank you for all your support!
Here are some useful links to follow AVNRich Project:
WhitePaper
