[ANN] Baex dApp - Trade traditional stocks directly through the blockchain
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Road21Bitcoin
- Posts: 80
- Joined: Sat Jul 18, 2020 5:39 pm
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maxvitorservice
- Posts: 33
- Joined: Fri Nov 13, 2020 6:05 pm
Re: [ANN] Baex dApp - Trade traditional stocks directly through the blockchain
Hello! 
In this post, we will tell you about the functions and meanings of smart contracts in BAEX
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Smart contracts are the most convenient financial instrument that has existed. Thanks to it, decentralized platforms can get rid of questionable middlemen.
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The smart contract itself is an intermediary between the user and the platform or between two users during the transaction. It is impossible to cheat a smart contract because all parties are in complete confidence that everything will be fair and without problems.
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What role do smart contracts play in BAEX?
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Smart contracts are the issuers of BAEX tokens. As soon as #Eth is sent to the smart contract to buy BAEX, it immediately issues the required number of tokens.
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If users want to return their Eth using a smart contract, then thanks to it, the burning occurs later.
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In BAEX, smart contracts guarantee super liquidity.
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For withdrawals, a 5% withdrawal fee is charged, calculated from Eth, which will be transferred to the user's address. This 100% collateral system with fully transparent accounting on the blockchain guarantees token price stability that cannot be lower than the smart contract buyback price.
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Thus, thanks to smart contracts, super-liquidity of the BAEX token is ensured, as well as their emission and burning.
In this post, we will tell you about the functions and meanings of smart contracts in BAEX⠀
Smart contracts are the most convenient financial instrument that has existed. Thanks to it, decentralized platforms can get rid of questionable middlemen.
⠀
The smart contract itself is an intermediary between the user and the platform or between two users during the transaction. It is impossible to cheat a smart contract because all parties are in complete confidence that everything will be fair and without problems.
⠀
What role do smart contracts play in BAEX?⠀
Smart contracts are the issuers of BAEX tokens. As soon as #Eth is sent to the smart contract to buy BAEX, it immediately issues the required number of tokens.
⠀
If users want to return their Eth using a smart contract, then thanks to it, the burning occurs later.
⠀
In BAEX, smart contracts guarantee super liquidity.⠀
For withdrawals, a 5% withdrawal fee is charged, calculated from Eth, which will be transferred to the user's address. This 100% collateral system with fully transparent accounting on the blockchain guarantees token price stability that cannot be lower than the smart contract buyback price.
⠀
Thus, thanks to smart contracts, super-liquidity of the BAEX token is ensured, as well as their emission and burning.
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maxvitorservice
- Posts: 33
- Joined: Fri Nov 13, 2020 6:05 pm
Re: [ANN] Baex dApp - Trade traditional stocks directly through the blockchain
Hello! In this post, we will tell you about the earning opportunities on decentralized platforms.
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Decentralized finance can bring significant dividends to its users and investors today. This is due to the investment in a token or coin and the financial instruments that DeFi platforms provide. For example, lending or liquidity pools.
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In the case of lending, investors are, in fact, lenders for other users. In the case of liquidity pools, investors can profit from providing the token with liquidity.
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What does BAEX have to offer?
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Earning on our token
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All BAEX tokens are backed by #Ethereum. Protection against falling prices is implemented algorithmically so that over time, the #token price will only grow.
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Profiting from losses of #traders
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All tokens that users buy can be sent to the liquidity #pool. With liquidity pools, you can profit from traders' losses as the liquidity pool maintains the liquidity of valuable assets on the #platform.
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Thus, thanks to #BAEX, making #money on #decentralization is easier than ever. You just need to buy tokens, and then you have the right to decide whether to hold them or invest in the liquidity pool. Both options will allow you to make a #profit.
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Decentralized finance can bring significant dividends to its users and investors today. This is due to the investment in a token or coin and the financial instruments that DeFi platforms provide. For example, lending or liquidity pools.
⠀
In the case of lending, investors are, in fact, lenders for other users. In the case of liquidity pools, investors can profit from providing the token with liquidity.
⠀
What does BAEX have to offer? ⠀
Earning on our token ⠀
All BAEX tokens are backed by #Ethereum. Protection against falling prices is implemented algorithmically so that over time, the #token price will only grow.
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Profiting from losses of #traders ⠀
All tokens that users buy can be sent to the liquidity #pool. With liquidity pools, you can profit from traders' losses as the liquidity pool maintains the liquidity of valuable assets on the #platform.
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Thus, thanks to #BAEX, making #money on #decentralization is easier than ever. You just need to buy tokens, and then you have the right to decide whether to hold them or invest in the liquidity pool. Both options will allow you to make a #profit.
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maxvitorservice
- Posts: 33
- Joined: Fri Nov 13, 2020 6:05 pm
Re: [ANN] Baex dApp - Trade traditional stocks directly through the blockchain
Hello! In this post, we will tell you about equality and fairness in the #BAEX system.
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One of the peculiarities of #blockchain platforms is complete equality between all network participants. However, we are always talking about technical equality. Each node is equal to another such #node.
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BAEX is a #platform where users are equal not only technically but also financially.
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One of the principles of the BAEX blockchain platform is financially equal conditions for absolutely all users.
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#Developers do not receive any privileges. They don't have any #tokens.
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Each user has the opportunity to donate to the developers if they want.
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In addition, there is no concept of “free” tokens in BAEX as a mechanism. No airdrops or bounties.
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All token #holders paid for the tokens with #Ether, thereby backing up the asset.
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If someone burns tokens, all token holders also benefit from this.
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Thus, thanks to a fair and equal system in BAEX, absolutely no one gets any advantages or privileges due to their status or participation in certain events.
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Learn more about the BAEX #project on our website
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One of the peculiarities of #blockchain platforms is complete equality between all network participants. However, we are always talking about technical equality. Each node is equal to another such #node.
⠀
BAEX is a #platform where users are equal not only technically but also financially.⠀
One of the principles of the BAEX blockchain platform is financially equal conditions for absolutely all users.⠀
#Developers do not receive any privileges. They don't have any #tokens.⠀
Each user has the opportunity to donate to the developers if they want.⠀
In addition, there is no concept of “free” tokens in BAEX as a mechanism. No airdrops or bounties.⠀
All token #holders paid for the tokens with #Ether, thereby backing up the asset.⠀
If someone burns tokens, all token holders also benefit from this.⠀
Thus, thanks to a fair and equal system in BAEX, absolutely no one gets any advantages or privileges due to their status or participation in certain events.⠀
Learn more about the BAEX #project on our website-
maxvitorservice
- Posts: 33
- Joined: Fri Nov 13, 2020 6:05 pm
Re: [ANN] Baex dApp - Trade traditional stocks directly through the blockchain
Hello! In this post, we will tell you about #decentralized and #centralized financial systems, as well as the #BAEX offering.
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With the growing popularity of decentralized #systems, many lay people wondered what #DeFi could offer in competition with the traditional centralized finance (#CeFi)?
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For a start, it's worth figuring out what DeFi is all about?
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DeFi is a set of services that are completely similar to traditional financial instruments. They have one key difference from CeFi: decentralization.
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The source code of almost all DeFi platforms is open, and #smart ##contracts act as intermediaries between #transactions. This makes absolutely all transactions transparent and fair since you cannot cheat a smart contract, and a smart contract cannot cheat you. In addition, all transactions can be found in the blockchain explorer.
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Centralized finance is more familiar to many. However, they do not provide such a degree of freedom and transparency At the same time, often with centralized systems, #users spend a lot of time on familiar operations, such as lending, insurance, etc.
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What can BAEX offer?
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On the BAEX decentralized #platform, you can easily buy any exchange-traded asset, which refers to both #fiat #currencies and #crypto-assets. In addition, thanks to the pool of option liquidity, you can profit from the losses of traders, or cover your own, in case of failure.
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BAEX uses all the achievements of #blockchain and decentralization for more convenient #trading in securities and allows our users to generate additional profit.
⠀
With the growing popularity of decentralized #systems, many lay people wondered what #DeFi could offer in competition with the traditional centralized finance (#CeFi)? ⠀
For a start, it's worth figuring out what DeFi is all about?
⠀
DeFi is a set of services that are completely similar to traditional financial instruments. They have one key difference from CeFi: decentralization. ⠀
The source code of almost all DeFi platforms is open, and #smart ##contracts act as intermediaries between #transactions. This makes absolutely all transactions transparent and fair since you cannot cheat a smart contract, and a smart contract cannot cheat you. In addition, all transactions can be found in the blockchain explorer. ⠀
Centralized finance is more familiar to many. However, they do not provide such a degree of freedom and transparency At the same time, often with centralized systems, #users spend a lot of time on familiar operations, such as lending, insurance, etc. ⠀
What can BAEX offer? ⠀
On the BAEX decentralized #platform, you can easily buy any exchange-traded asset, which refers to both #fiat #currencies and #crypto-assets. In addition, thanks to the pool of option liquidity, you can profit from the losses of traders, or cover your own, in case of failure. ⠀
BAEX uses all the achievements of #blockchain and decentralization for more convenient #trading in securities and allows our users to generate additional profit.-
maxvitorservice
- Posts: 33
- Joined: Fri Nov 13, 2020 6:05 pm
Re: [ANN] Baex dApp - Trade traditional stocks directly through the blockchain
Hello! In this post, we will tell you about algorithmic drop protection in #BAEX
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BAEX is developed by a team of programmers, mathematicians, and economists who have developed their own #algorithm for dropping prices.
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To achieve this, the following #mechanisms are used:
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The offer is dynamic and adapts to the #market
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Absolutely all collateral is stored on a #smart contract
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Airdrops and bounties are not provided
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The rise in the buyback price is constantly growing, not decreasing
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No need for maintenance and infrastructure maintenance costs.
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The open-source #code of smart contracts proves the integrity and fairness of the #system.
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Fully #decentralized token without #centralized control and management in any form
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The buyback price of the #token rises algorithmically as new tokens are sold from the contract, also as existing tokens are burned, effectively pushing both buyback and issue prices towards the Moon.
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When demand exceeds supply on the exchanges, there is no way to take them, except to buy them from a smart contract at a price that is constantly increasing.
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Thus, thanks to the BAEX mechanisms, our token is completely protected from price drops. On the contrary, the price will only rise over time.
⠀
BAEX is developed by a team of programmers, mathematicians, and economists who have developed their own #algorithm for dropping prices.
⠀
To achieve this, the following #mechanisms are used: ⠀
The offer is dynamic and adapts to the #market ⠀
Absolutely all collateral is stored on a #smart contract ⠀
Airdrops and bounties are not provided ⠀
The rise in the buyback price is constantly growing, not decreasing ⠀
No need for maintenance and infrastructure maintenance costs. ⠀
The open-source #code of smart contracts proves the integrity and fairness of the #system. ⠀
Fully #decentralized token without #centralized control and management in any form ⠀
The buyback price of the #token rises algorithmically as new tokens are sold from the contract, also as existing tokens are burned, effectively pushing both buyback and issue prices towards the Moon. ⠀
When demand exceeds supply on the exchanges, there is no way to take them, except to buy them from a smart contract at a price that is constantly increasing. ⠀
Thus, thanks to the BAEX mechanisms, our token is completely protected from price drops. On the contrary, the price will only rise over time.