General view
The birth of the block chain operations has given rise to the existence of several Digitalized_Exchanges. Exchanges are needed for proper trading and selling of assets as we all know that crypto-currency is a large world. Currently, there are several DEXs which offers a better service than the existing ones in the crypto_world. However, these exchanges are still void of the true potentials to stand the services of the centralized exchange-operations and this has led to a potential force which drives the users who wish to utilize the marginal lending-and-trading service to go through the centralized_capabilities which in turn exposes them to a larger range of risks.
Problems Affecting The Existing Digitalized margin-lending and trading-services.
The digitalized trading-operations of today lacks the potentials liquidity to compete with the operations of the centralized-capabilities and this, in turn, leads to broad_spreads. The liquidity of the digitized exchange_systems has resulted in a decrease in supply and demand compared to the centralized-lending and trading-services.
Due to the incapabilities of the DEXs operations, the users that wish to utilize the margin lending and trading-services are forced to use the centralized-operations which in turn exposes them to high-risks of third parties.
And also, while utilizing the traditional lending-service (CEXs) the users are also exposed to the high-charges associated with the traditional_systems.
Furthermore, the challenges of the digitalized margin_systems come with the incapability of the Oracle compared to with the recoverable assurance of the traditional lending-operations. The limitations of the Oracle-operations is due to the fact that the ethereum_smart agreement contracts being used cannot detect the current prices of different cryptos across the block chain world. The incapabilities of the ethereum-smart agreement contracts to monitor the progress of the open market has caused the digitalized margin_systems not to force borrowers on that market to protect lenders from adverse movements.
Fortunately, these problems have come to an end through the service of BZX which has emerged to provide absolute solutions to those problems.
WHAT IS BZX?
This platform is an operation that provides a digital_margin trading system and can be integrated into all kinds of digitalized-exchanges. This setup is based on ethereum and it is embedded into the 0x protocol. It is a fast and safer way of lending which will definitely make the world a better place to live. This platform provide a cheap trading and lending_services that are very low and virtually anyone can afford it; the cheapness of bZx_service has a great difference compared to what the traditional lending-institutes charges.
The solutions and the features PROVIDED by bZx platform
This platform provides a library which is known as the bZx_library. This library is developed by the developers to be able to serve as an Integration that can interact with the bZx_brilliant contracts on the block-chain level. This library provided can also be integrated into exchanges to provide efficient margin_lending and trading-services.
The bZx_portals is created to provide a bZx_protocol which functions in order to provide effective and easy access for the users that are not into ex-changes and relays. This protocol can also be utilized to interact with margin lending-service and tradings. Through the protocol provided by bZx, the users will be able to access loans, and the lenders will also able to manage the loan that was given out.
This platform has created an oracle-operation after seeing that the oracle being used by the existing digitalized_exchanges is the cause of their limitations. The Oracle will then be utilized by the providers and the participants to trade tailored to the individuals. The users can also choose to create their oracle in a way they desired.
THE BENEFITS OF BZX
Firstly, this platform provides the lowest minimum risks for the borrowers, which will have to keep saving their private keys. This platform assures all users never to worry about the platform being_hacked because they have the best team to tackle that. Cheers.
Passive-Income -- this will enable all users to gather more assets than what they possess in their wallet already because this platform will give every user interest depending on how much their fund stays in their wallets. The interest rate is lower than the traditional_systems and absolutely safer. With the use of this system, assets will be valued and liquidated just like the way your money can increase in interest in the bank when it is fixed so this platform will provide the same service to the user's assets. The process of valuing and liquidation-of-assets will be accessed by bZx integration. The market-place will allow competition in order to bring or drive the Oracle provider-fee to its marginal cost while encouraging experimentation and flexibility.
Low charges
The users which make use of the localized ex-changes can testify of the higher charges they face while utilizing the system. But this platform will provide low fees for every user and a service which is affordable to trade.
THE TOKENIZATION USE-CASE
This platform has provided two unique tokens that can be explored ins by the users of the platform. The first token is known as the bZrx_token which can be utilized as a medium to reward users on their interest rates. Do you know that users_assets within the platform will increase daily based on the interest rate provided by this platform? The bzrx token will also be utilized for the purpose of margin lending-service and trading operations within the platform.
The second token is known as SUGR token, which is used the reward the participants who chose to engage themselves in the promotion of this awesome platform. The participants include the bounty hunters and other participants from around the world.
You can join the token sales which have started on August 8, 2018:bzx.network/tokensale.
TOKEN ICO DETAILS
Token Symbol: BZRX
Token Price: 7.3 cents USD
Total Supply: 1,000,000,000
Hard Cap: 36.5MM USD
CONCLUSION
Wow, personally, this setup amazing me with the features of it service, therefore I am sure that this platform will thrive.
Important links:-
Website: https://b0x.network
Whitepaper: https://b0x.network/pdfs/bZx_white_paper.pdf
Telegram Group: https://t.me/b0xNet
Twitter: https://twitter.com/b0xNet
Facebook: https://www.facebook.com/b0xNetwork/
Bounty0x Username : Adepeter
ETHEREUM address
0x3D238Fa063BEE0238cc0F102c9FaeD4D4571D36e