UDEGO FINANCE
Abstract
Non-fungible token or commonly abbreviated as NFT is a protocol that helps content creators to be able to secure their digital content on blockchain technology. By using this protocol, it allows content creators to be able to trade their content on a wider market and also allows them to be able to secure their ownership of the digital content they launch because NFT is a very good protocol to be able to secure user ownership of digital content.
The trend of NFT has increased in recent months, this is because many content creators have promoted this protocol on their social media...
ABOUT UDEGO FINANCE
Udego Finance is an Automated Market Marker on Binance Smart Chain, We offer a liquidity pool model, Users add token pairs to the liquidity pool and earn transaction fees from others who exchange their tokens using the pool. We have seen popularity due to the speed and low cost that Binane Smart Chain offers. Our cryptocurrency is called UDEGO, you can easily buy and sell it on DEX, you can also exchange other tokens for UDEGO using our swap and liquidity pool.
Udego Finance has the potential to create entirely new financial markets, products and services. A financial services ecosystem that is transparent and available to everyone.
Udego Finance does not rely on institutions such as banks to act as intermediaries, and courts to provide arbitration, We do not need intermediaries or arbitrators.
The code dictates the resolution of any disputes that may arise, and the user maintains control of their funds at all times. This reduces the costs associated with providing and using these products and allows for a more friction-free financial system.
WHY CHOOSE UDEGO FINANCE?
Udego Finance provides many benefits when compared to traditional financial services.
Through the use of smart contracts and distributed systems, deploying financial applications or products becomes much easier and safer.
1. DECENTRALIZED APPLICATION (DAPP)
Udego Finance runs on a P2P computer network rather than a central computer.
2.SMART CONTRACTS
A digital agreement that mediates the exchange of cryptocurrencies (or other digital assets) between two parties.
3.TRANSPARENCY
Distributed ledger containing information about all activities taking place on the blockchain network is shared by everyone.
4.SAFE & SECURE
Audited by respected industry professionals like CertiK incorporating security platform vulnerabilities
EXCHANGE
Udego Finance uses the model to create a pool of liquidity tokens that users can access to exchange, Users do not trade as creators or takers but rather interact with Anyone can start providing liquidity by depositing a pair of coins of the same value.
In return, liquidity providers receive LP (liquidity pool) tokens which act as receipts for their share of the pool. These LP tokens are burned when reclaiming your tokens. You can also make it available for use in produce farming, where your costs are constantly being reinvested in the pool to add to your interest.
Udego FINance's AMM model rewards liquidity providers with a 0.17% fee which is distributed proportionately based on what is provided. the price of the token is not determined through the order book but through a formula known as the Constant Product Market Maker.
AGRICULTURE
✅ Collect and earn incentive prizes from AMM, namely CAKE tokens from PCS.
✅ The underlying trading fees of the pool
✅ Incentive rewards are paid in platform partner tokens (in featured pools).
Initial Liquidity Pool (LP) for farming UDEGO tokens:
Reward multiplier:
UDEGO-BNB
UDEGO-BUSD
UDEGO-USDT
STAKE
Staking the “UDEGO” TOKEN involves locking up assets for participating in transaction validation on a proof-of-stake blockchain, with a financial “reward” awarded in the form of different Tokens. It offers an alternative to digital assets to generate returns in today's low or negative interest rate environment.
UDEGO bets to get new tokens, you can cancel bets, and Rewards will be calculated per block.
Betting Pool:
UDEGO POOL
BNB POOL
BUSD POOL
LIQUIDITY POOL AND INCREASE LIQUIDITY
The udego Finance liquidity pool allows you to provide liquidity by adding your tokens to a liquidity pool or “LP”.
When you add your tokens to the liquidity pool, you will receive Flip tokens.
The number of FLIP tokens you receive represents your share of the UDEGO-BNB liquidity pool. You can also redeem your funds at any time by clearing your liquidity.
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HOW TO BUY
Download MetaMask or TrustWallet
Once downloaded, you have to add Binance Smart Chain to your network list.
➡️ Buy and send BNB to MetaMask
Buy BNB on exchanges (eg binance, Kraken, Coinbase, etc.) Transfer tokens to your MetaMask wallet address. BEP-20 addresses start with "0x"
- Open PancakeSwap and exchange for UDE
Click here to go to PancakeSwap or use this address to select UDEGO. set the slippage tolerance to 0.5 – 1% (sometimes it can be more, depending on the number of requests)
- See UDE and HODL
Exchange BNB for UDE. Next you add UDE to your MetaMask or Trust Wallet to view your UDE. Last HODL!
Learn More:
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