Introduction
Narfex is the easiest way to buy, earn and store cryptocurrencies on a decentralized platform.
Narfex Ecosystem includes: Decentralized Exchange, Liquidity pools, Farms, Exchanger, Wallet, Mobile App and Narfex Token [NRFX]. Narfex’s mission is to create a user-friendly DeFi platform combining traditional financial market and DeFi.
💡 In this article, the Narfex CEO, Ghairat Yusuf, described the history and key idea of the project as well as how we are implementing it.
My first experience with cryptocurrency
My first experience with cryptocurrency as a means of payment happened back in 2013 — I needed to send money from one country to another using an alternative to SWIFT transfer.
The market was absolutely free of regulations and it was relatively easy to send and cash out bitcoin (back then mostly all exchanges were for cash). At that moment SWIFT-transfers took quite a long time (from sending to actual receipt in the recipient’s account) and that cost me a lot, so I needed a tool for fast transactions.
At first, I tested the technology and started sending some transfers via SWIFT, and some — in bitcoin. Being convinced that the second option is much more beneficial and convenient, I completely switched to BTC transfers.
What is Narfex Token
Introducing Narfex Synthetic Stablecoins, also known as N-Fiats — the solution that bridges the gap between fiat currencies and DeFi, providing traders with stability while taking advantage of DeFi opportunities.
The Narfex Token is the heart of the Narfex Ecosystem, serving as a utility token and governance token. The token will be used in the tokenomics of all new products and protocols released by the Narfex. NRFX will be a multichain token, currently available on ETH and BSC networks.
Utility
Currently, the main application of NRFX as a utility token is is to be able to participate in fiat liquidity pools.
Governance
The NRFX Token is used to govern all of the ecosystems products, also NRFX holders can vote for key protocol parameters.
Multi-Chain
The Narfex Token is currently available on ETH and BSC. The Multi-Chain integration will implemented with no extra token issuance.
The NRFX Protocol
DEX
Exchanger
Wallets
Mobile App
N-Fiats
Functional
01
Community driven (DAO)
02
2% fee: 1% burning, 1% auto-staking
03
100% Transparency
Roadmap
We are proud to say that we have created a unique solution that the market desperately needs. Narfex was listed on Uniswap in the NRFX/USDC pairing with $300,000 in liquidity pool and attracted thousands of users.
For more information Narfex
- Narfex website: narfex.com
- Narfex Token: narfex.com/token
- Telegram: Narfex_EN
- Instagram: instagram.com/narfex.global
- Twitter: twitter.com/narfexglobal
- Discord: discord.gg/cKA5JPe2
author
Forum Username: Coronama
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3479142;sa=summary
BSC Wallet Address: 0xd2ca2824441ef8ddDa9bC65700291cb6aB431fc2
