Introduction
Decentralized finance is a new innovation in the recently popular blockchain, DeFi, or decentralized finance space, which is a response to various decentralized transaction processes. Various projects are trying to bring DeFi into their ecosystem, and one of them is the Crypto Emporium, which is one of the largest Crypto marketplaces where one can buy or sell various luxury goods using cryptocurrency.
What is Crypto Emporium?
Crypto Emporium is a marketplace where you can find and supply various brands of products with the best quality at competitive prices. Various items on the Marketplace can be purchased using various major cryptocurrencies such as Bitcoin, Litecoin and Ethereum. Crypto Emporium wants to implement this revolutionary cryptocurrency payment system and show everyone that cryptocurrency can be used as a more efficient means of payment today. Crypto Emporium has a team of experienced and knowledgeable experts making it a robust ecosystem. At the time of this writing, Crypto Emporium has been one of the largest e-commerce stores on the internet with a large user base and one of the best security systems out there.
Crypto Emporium maintains a list of the highest quality products available in the market. The screening process for each product is carefully reviewed to ensure the satisfaction and safety of its users. There are several products in their ecosystem such as precious metals, watches, electronics, vehicles, etc. The transaction process is also quite fast: the maximum period is 30 days when a user places an order. The Crypto Emporium team is also constantly updating various new products and promotions, as well as automatically adjusting prices using an algorithm used to ensure maximum value for users when placing orders. The price of each product on the platform will be updated every 1-5 minutes after the market price at the cryptocurrency exchange rate.
What is CEFI?
CEFI is a new decentralized financial system introduced by Crypto Emporium, based on blockchain technology and decentralized finance, CEFI will be a new innovation complementing the Crypto Emporium ecosystem. Users can use CEFI to receive incentives when contributing to various Crypto Emporium liquidity pools. In addition, CEFI is the basis of a new system for systems that will be implemented in the Crypto Emporium, such as receiving cashback or voting. A tokenomics with a healthy concept will ensure the distribution of new tokens on their platform and attract more users, generate more demand and increase the value of CEFI itself.
Token Distribution
During the 8-week liquidity mining program, Emporium.Finance will only provide 150,960 CEFI tokens out of a total of 888,000. This amount will be split and distributed weekly into the following amounts.LP program – 12580 per weekTeam and development – 3774 per weekDistribution of awards – 17,760 totalCashback distribution – total 17,760
Conclusion
Crypto Emporium is a good project with an interesting idea, a lot of interesting and useful information. I think this project is very promising. Crypto Emporium is by far one of the largest crypto e-commerce markets with a large user base and varied products. Their various products are also of the best quality because they have passed rigorous tests to ensure user satisfaction. On the other hand, they introduced CEFI, a new decentralized financial system that gives its users more benefits such as a money back program and the ability to vote. Mass adoption is not possible and Crypto Emporium is one of the successful pioneers, so I hope you become part of the Crypto Emporium!
Links to the
Author
Liny23
https://bitcointalk.org/index.php?action=profile;u=1703111
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