CYCLOPS FINANCE Decentralized Finance trading platform: DeFi ecosystem on Binance Smart Chain !!!

Shakil Ahmed Mughal
3 min readDec 12, 2020

CYCLOPS FINANCE

The cryptocurrency market at the moment is very active with the Defi trend. Of course, Defi is basically the target of many Blockchain projects, I find that most of the projects developed towards Defi have attracted a lot of interest from people who know about cryptocurrencies. And I am probably also a very interested person, in today’s article I will bring you about a new Defi project, with this project you can see a lot of notable points. relative to the current cryptocurrency market.

This project is called CYCLOPS FINANCE, to talk about this project we need to pay attention to Uniswap. Currently due to development of Defi, Uniswap is the best choice because of its compactness and convenience. Users can become a Liquidity Provider for a pool on Uniswap by submitting an equivalent value of tokens in exchange for other tokens in the pool. But perhaps if you used Uniswap then you will see this there, transactions stuck, huge gas fees and manual transactions. I think this is really a problem that needs to be seriously addressed and discussed, because above all we need to still be user experience that needs convenience and efficiency.

About

Binance Smart Chain is the strongest chain at the moment, at present, the Ethereum network is showing many limitations for Defi in this market. To the expanding of DeFi project, CYCLOPS FINANCE adopt a combination design concept to attracting many crypto investors and developers. CYCLOPS FINANCE carefully designed the system to be effective in line with CYCLOPS FINANCE goals, as if the unicorn on land was a Uniswap, the ocean unicorn was us CYCLOPS FINANCE.

According to the information I have about CYCLOPS FINANCE, a fully decentralized trading platform with a set of balances simplifies the user experience to the maximum. At CYCLOPS FINANCE will provide a liquidity mining service that takes full advantage of the betting opportunities of other BSC projects in the network and will continually invite more projects to participate. The CYCLOPS FINANCE protocol will allow wagering on other project tokens, which will give the trader the NLP token. With this NLP token, you will be able to earn NAR tokens as well as using the rNLP token to mine liquidity in other quality projects of the BSC network.

Token

Name: NAR tokens

Symbol: NAR

Supply: 21,000,000

Platform: BSC

NAR is the governance and equity token of the CYCLOPS FINANCE ecosystem. The most of NAR is mint by liquidity mining. Users holding NAR can participate in community proposals and decisions, and receive dividends continuously.

Conclusion

I think the Defi trend is positive for the crypto market, with CYCLOPS FINANCE they will have more options to enter this Defi market. Building this project I find it simpler when they know how to take advantage of what Uniswap has done and they also see the problems that appear on Uniswap. I really hope that when I get the product, CYCLOPS FINANCE will attract more users. Hopefully, through this article, you will have more useful information related to CYCLOPS FINANCE and make your own choices if you want to invest in this project. Thank you for watching the article !!!

Useful links:

Website: https://cyclops.finance/

Twitter: https://twitter.com/CyclopsFinance

Telegram: https://t.me/CyclopsFinance

Medium: https://medium.com/@cyclopsgames

Article made by:

Forum Username: shakilmughal
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2854811
Telegram Username: @ShakeelAhmed
BSC Wallet Address: 0xDf7fC7f990Aa8F6eE6BDbb3b968AbeB5560CbDfe

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