Recently, the price of Bitcoin has continued to rise, which has also led to a sharp rise in the surrounding valuable currencies. It seems that the bull market in the currency circle has arrived. The arrival of the bull market will definitely make some people with foresight, of course, the most impressive thing this year is DeFi. The most successful DeFi does belong to the big uncle (YFI)
The first investor's price was US$20 a month, and it rose to a maximum of US$40,000 a few months later. It is not difficult to see that it has increased ten thousand times, and it has indeed created a miracle. Later, there were many projects in DeFi, but they were basically unsustainable and chaotic. Is there a good project like YFI? Let’s take a look at HodaiSwap (ECH).
In-depth understanding of ECH:
HodaiSwap (ECH) is a smart contract issued on the "EOS" chain. Why should it be issued on the EOS chain? First of all, the handling fee on the Ethereum (ETH) chain is too high, which is not too friendly for future development . There is also TRON. The smart contract security of TRON is not very good. Generally, relatively large projects are issued less on it. The advantages of the grapefruit chain are fast network, low handling fee, high security, and stable price. HodaiSwap (ECH) is also a benchmark project on the grapefruit chain, and fans of grapefruit will also actively participate.
The total circulation of HodaiSwap (ECH) is 99,000, which is deflated to 9,900. This is also to preserve the value, and can continue to appreciate. HodaiSwap (ECH) is a decentralized exchange made on the grapefruit chain, which is a transaction exchange with grapefruit. There is no handling fee to buy HodaiSwap (ECH), and 10% is charged for selling (for example: 100EOS is free to buy 100ECH, 100ECH is charged 10%, and 90 EOS is obtained). In this way, ordinary people buy, but few people sell . 10% of the handling fee is directly destroyed with 5%, and the remaining 5% is allocated (1.5% is the whole network mobile mining reward, 1% is the recommended generation reward, 0.5% is the recommended second generation reward, and 2% is the ecological construction of).
HodaiSwap (ECH) mobile mining will automatically lock the warehouse for 99 days, (invite users to reach 3 times their own, and they can release the warehouse in advance, and the profit will be lost after the warehouse is released)
Development roadmap.
DeFi development trend
DeFi is a financial market established in the blockchain world. It was originally born to satisfy a series of financial agreements such as on-chain transfers, price quotes, and derivative investments. As the blockchain ecology becomes more and more prosperous, the agreements are mutually The call formed a more complete DeFi product. Compared to 2018, the amount of DeFi locked up has increased nearly 5 times. Whether it is the bear market in 2019 or the bull market at the end of 2020, DeFi has maintained a growth trend. Financial trends show that DeFi is a long-term financial market, so in the next 5-10 years, the sooner it enters the market, the sooner it will take the lead. HodaiSwap's goal is to become a financial protocol widely used in EOS and cross-chain. It can provide people with all financial services related to payment, wealth management, and time lock, and obtain at least 50% of the DeFi market share.
HodaiSwap （ECH）