Exploring Know Your Customer Process
Know Your Customer, or KYC is a mechanism for checking and verifying the identity of customers. It is conducted as part of the process of preventing fraudulent activities and financial misconduct. It dynamically contends illegal action by obtaining and confirming customer data. The device advances trust in the system and assist financial institutions in controlling […]
Read MoreWhat Is Whitelisting In Cryptosphere
Whitelist is one of the numerous innovations Cryptoshere gifted humanity. It is among the uniqueness Blockchain technology is spearheading to ensure financial freedom and sovereignty. Most of the time, people have good entrepreneurship ideas that need transformation to become tangible businesses to benefit society. However, the lack of capital to turn them into enterprises, solving […]
Read MoreGDEFI Lists On Several Aggregator Platforms
GDEFI token is now registered on various Crypto Aggregator platforms to allow our community and the entire Crypto ecosystem to track and monitor the project’s progress. These are reputable and try and tested portals in the Crypto Assets space. At Global DeFi, we cherish transparency, and we want the best for our users. As a […]
Read MoreCommunity Governance Explained
Community Governance is amongst the many innovations that came out of the Blockchain evolution. It brings decentralization home delivering a reliably democratic system to those in the ecosystem. Centralized governance is gradually giving way to decentralized entities around the world due to its failing nature. Power is concentrated in the hands of those at the top. […]
Read MoreUnderstanding Staking To Your Advantage
Cryptocurrency is evolving with all sorts of unique mechanisms offering impressive and sustainable financial services unprecedented in human history. Staking is one such tool in the Cryptosphere that you must better understand and utilize. Like many things in Crypto, Staking can be a complex or straightforward purport according to the knowledge you want to comprehend. Basically, Staking […]
Read MoreWhat Are Liquidity Pools In DeFi
Liquidity Pools are one of the copious innovations emanating out of Cryptocurrency, particularly, Decentralized Finance (DeFi). The mechanism is also part of the Decentralized Exchange (DEX) development, changing the face of digital assets trading. Gone were the days when liquidity and volume were so low on DEX, rendering the trading experience nothing to write home about. It […]
Read MoreUnderstanding Automated Market Making
Automated Market Making (AMM), as a subset of Decentralized Exchange (DEX), is one of the most meaningful evolutions nourishing the Digital Asset market and financial sovereignty. Centralized Exchange (CEX) sucks and an affront to the cardinal principles of Cryptocurrency and its underlying technology of Blockchain. Further, Cryptocurrency frown upon third-party involvement in every transaction, thus […]
Read MoreUnderstanding GDeFi Tokenomics
After the successful public sale and subsequently listing $GDEFI on Uniswap per our roadmap’s timeline, it is time to keep pushing the tempo. As a community-led decentralized economy, members should do a better job of comprehending the tokenomics of the GDeFi ecosystem. A thriving community offering sustainable rewards to its members depends on how members understand and employ the […]
Read MoreGlobal DeFi Revolves Around A Reward System
At Global DeFi, rewarding our community members is very important to us. Our Community Reward system inspires participation in the various processes to strengthen the ecosystem and stimulate growth, making it pivot around a reward system. Employing what we call Participatory-Approach Tools (PAT), the motive is to drive good behavior, ownership, empowerment, and dedication. We have adopted this […]
Read MorePillars Of GDeFi Ecosystem In Focus
At GDeFi, we believe Decentralized Finance (DeFi) delivers the authentic financial sovereignty Satoshi Nakamoto envisioned. The trend is not providing only traditional financial services on the Blockchain, but distinct financial freedom humanity has ever seen. Come to think of it, today, anyone living anywhere in the world can provide liquidity, lend, borrow, save, get insurance, […]
Read More