The Next Token To Skyrocket Off The Market
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The crypto space is experiencing impressive growth, especially with the number of projects available and their general utility and effectiveness in bringing value to users. Many of these new projects are Decentralized Finance (DeFi) ventures that help mitigate the inefficiencies of conventional financial institutions, creating investment opportunities for global customer bases. DeFi projects allow people to lend, trade, invest, earn rewards, and gain other incentives, providing these features with their community of users at the helm.
Aggregated Finance ($AGFI) is one such offering, primarily developed to promote decentralized finance and redefine existing DeFi standards. Aggregated Finance uses the DaaS (DeFi-as-a-Service) approach to add value to the market as a go-to project for decentralized investments.
The initial focus of the $AGFI token was to create a balance between risky DaaS investments and yield farming. Providing this balance ensured that high-risk DaaS investments did not impact the entire treasury as a whole. Nonetheless, the team decided to implement an $AGFI-driven DAO (decentralized autonomous organization) approach as the project grew.
Aggregated Finance supports true decentralization, letting token holders passively earn from fees accrued through trades on the platform. For better organization, the project also set up a treasury account that determines the allocation of assets acquired by its several lucrative DeFi opportunities. Since Aggregated Finance uses a DAO approach, token holders will control investments and treasury fund allocations while simultaneously earning passive income, allowing for democratized
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