Aug 18, 2020
Introduction of ImpulseVen?
ImpulseVen is a #Defi Exchange,Staking & Lending Platform.
Decentralized finance represents the future backbone of the global economy and the need for a trustworthy way to transact with each other is becoming ever more important.
As the crypto world and traditional finance world continue to converge, we believe the stage is set for a global fintech and DeFi revolution.
Defi, which is short for decentralized finance — it’s the notion that crypto entrepreneurs can recreate traditional financial instruments in a decentralized architecture, outside of companies’ and governments.
Overview
Impulseven is a Defi project Build in Ethereum Block-chain system that creates a new decentralized exchange allow users to swap the token. The token is Deflationary on Every swap made in our Exchange. Token Holders also can stake their VEN token & others tokens which we will bring by based voting of our community to earn staking rewards. The rewards are withdrawable anytime.
What Qualifies ImpulseVen (VEN) to be considered “Defi”?
In our world today, all financial transaction goes through a centralized custodial service provider because of counter-party risk ( a risk that your asset may not be received after you might have paid in advance).
ImpulseVen uses a Decentralized Exchange that is focused on cross-chain and non custodial transaction where asset from both parties are help in escrow with the help of smart contract and exchanged only when all requirements are met eliminating all counter party risk.
It also uses a Decentralized Exchange as its primary DEFI feature, and staking often reflects the compounding value gained by withdrawing tokens by circulation and storing them to raise the percentage profit. Lending Platform allows borrowers to deposit their crypto-assets as collateral and take stable currencies against them as a minimum percentage of Interest. It would also enable borrowers to collect their secure coins on loans and receive passive Interest as a type of VEN token.
The impulseVen features a flexible smart contract for payment distribution and bill collection based on digital signature dynamics of various accounts and this offers huge potentials to the global market.
What is the Purpose of ImpulseVEN Dao?
The DAO makes ImpulseVen a decentralized organization.It gives all members of the DAO voting rights and incentives to utilize those voting rights.
More about the DAO will be Explained in the whitepaper.
What’s, are the other plans for ImpulseVen?
We will make further announcements of the project progress as well as more information in our Whitepaper.
Stay Tuned for more information about this project.
Connect with Impulseven:-
Telegram-https://t.me/ImpulseVen
Announcement-https://t.me/impulsevendefi
Twitter-https://twitter.com/impulseven
