The Benefits of DeFi:

With DeFi or Decentralized finance being the buzz word in crypto these days, let’s take a deep dive into what makes it so transformational:

DeFi leverages key principles of the Ethereum blockchain to:

· Increase financial security and transparency,

· unlock liquidity and growth opportunities,

· Support an integrated and standardized economic system.

Here are some the key benefits of DeFi:

Programmability.

Highly programmable smart contracts automate execution and enable the creation of new financial instruments and digital assets.

Immutability.

Tamper-proof data coordination across a blockchain’s decentralized architecture increases security and auditability.

Transparency.

On the public Ethereum blockchain, every transaction is broadcast to and verified by other users on the network. This level of transparency around transaction data not only allows for rich data analysis but also ensures that network activity is available to any user.

Interoperability.

Ethereum’s composable software stack ensures that DeFi protocols and applications are built to integrate and complement one another. With DeFi, developers and product teams have the flexibility to build on top of existing protocols, customize interfaces, and integrate third-party applications.

Permissionless.

Anyone with a crypto wallet and an Internet connection, regardless of their geography and often without any minimum amount of funds required, can access DeFi applications built on Ethereum something not possible with traditional finance. DeFi is defined by its open, permissionless access.

Self-Custody.

Using Web3 wallets to interact with permissionless financial applications and protocols, DeFi market participants always keep custody of their assets and control of their personal data.

Governance Tokens

Another key component of DeFi are governance tokens, which gives holders the right to influence the direction of decentralized finance projects.

This is particularly relevant as a new DeFi project known Juggernaut is aiming to disrupt the DeFi space by empowering users with complete decentralized governance. Create your own synthetic DeFi assets with JGN’s unique custom framework. Customize usage profit directly among users and holders, encourage greater liquidity, usage and adoption.

Leveraging the benefits of DeFi, Juggernaut will enable users to create, customize, and modularize their business use cases into DeFi synthetics.

The JGN “J” series will enable you to:

· Create decentralized and trustless custom assets.

· Accept, allocate and distribute profits.

· Pay commission, dividends and plenty more…

JGN DeFi enables the future of sustainable business models due to staking and lock-in incentives. If you can dream it you can do it.

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