Grandle Finance | A DeFi Platform That Pushes For Interoperable Blockchain Networks

in #defi8 months ago (edited)

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The idea of cryptocurrencies was conceptualized to enable seamless payments, cross-border payments and distributed wealth.
I would say that the cryptocurrency industry has done well in the last couple of years, starting from the launch of Bitcoin (BTC) as a cryptocurrency to the proliferation of Alternative Coins (Altcoins).

Now, we are in a different stage in cryptographic transactions; a stage where decentralized payments just got better. Decentralized Finance (DeFi) holds sway at this time because of the seamless wealth and payment distribution it offers.

On this note, I introduce you to what I consider the first DeFi platform and project that pushes for the interoperability or cross-communication among blockchain networks.

Introducing Grandle Finance

Grandle Finance is a Decentralized Finance (DeFi) project that runs on both the Ethereum and the Binance Smart Chain blockchain networks.
The reason for this dual-blockchain structure is partly because of the commitment of this project to be interoperable with other blockchain networks, and mainly because of the relevant tools it requires of both the Ethereum and the Binance Smart Chain (BSC) blockchain networks.

Worthy of mention is that Ethereum is the leading blockchain network that enables Decentralized Finance (DeFi) projects, as well as facilitates the development of Decentralized Applications. On the other hand, the Binance Smart Chain (BSC) offers more advanced features than the Ethereum blockchain does. That way, this project, Grandle Finance hopes to use those features to create an inclusive ecosystem for everything DeFi.

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photocredit

Features of Grandle Finance

This project has many contributions to make towards the further development of the DeFi ecosystem.
Some of these contributions are in the areas of:

Programmable Smart Contracts
The smart contracts used by Grandle Finance are highly efficient because of the programmability. This means that these smart contracts can be programmed and fine-tuned to work in the way that would make the goals of this project achievable.

Also, the programmability of the smart contracts means that the creation and the execution of the new digital assets and financial instruments created by the contracts would be done in automation.
Self-Custody

Another feature I like the most about Grandle Finance is the premium placed on security and privacy. It is high time users are allowed to control their financial activities, as far as cryptocurrencies in general and Decentralized Finance (DeFi) in particular is concerned. That way, the overall aim of both cryptocurrencies and DeFi, which is user-controlled financial activities, would be actualized.
In terms of the self-custodial feature of Grandle Finance, the method of achieving that is impressive.
This project enables the use of Web3 digital wallets, such as Metamask because that is one of the secured ways you can interact with DeFi protocols and financial applications.
To that end, you are directly empowered to be in control of your personal information/data, as well as your digital assets.

grandle token price.png [photo credit] (https://grandle.io/)

Conclusion

Grandle Finance is an awesome project that will raise the bar higher as far as Decentralized Finance (DeFi) is concerned I hope you make independent researches to be convinced about what this project has to offer to the DeFi community.

Please, for more detailed ans useful information about this project, check the below links;

Website
Twitter
Telegram
LinkedIn
Facebook
Whitepaper
Reddit

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