Encentive is the world’s first Fiat-DeFi integrated Web3 OS. We enable turn-key deployment of Web3 applications including DeFi, NFT, GameFi, and more.
It is a decentralized platform to reward users of DEX or other crypto projects.
The project has many incentive tools that will allow communities, projects and users to gain quick access to operational activities, encouraging them to provide liquidity to selected projects.
At the same time, due to its decentralization, the Encentive project guarantees security, ease of converting and storing information.
Most blockchain projects face two main challenges: the difficulty of creating an initial community and the difficulty of finding and motivating contributors. Each project has to learn from scratch how to properly create and motivate participants without financially destroying the project itself. At this stage, any serious mistake can completely bury the entire project. To avoid this, the Encentive project offers to solve problems with a whole set of tools:
Person who arranges transactions between a buyer and a seller, and gets a commission when the deal is executed
This is a legal entity that acts as an intermediary between the seller and the buyer in different financial markets.
Brokerage activity in the securities market is a licensed type of activity. To obtain a license in most countries, you must complete special training and pass an exam.
Liquidity providers can earn more with Yield farming. It’s an additional way that helps the liquidity pools be sure that you won't take off money anytime. After a man became the provider, he gets loyalty points (LP-tokens). These tokens he can exchange into cryptocurrency (thus take off his investments) or put them in yield farming. It's a place where tokens freeze and you can’t take off it for a definite period of time. For this, you will get passive income. It looks like a long-term bank deposit.
A liquidity provider is a man who invests his money (fiat or cryptocurrency) into a liquidity pool and is receiving passive income.
The liquidity provider is a part of DeFi sectors and services the liquidity pool. The liquidity pool can compare with currency exchanges where people can buy or sell foreign currency. But the liquidity pool works with cryptocurrency.
Every liquidity pool needs a stock of money for exchange. And the liquidity provider gives it. For this, they get an interest income from every transaction. The main problem for liquidity providers is looking pool that works with many clients. It’s difficult because not all pools publish reports.
Liquidity providers can earn more with Yield farming. It’s an additional way that helps the liquidity pools be sure that you won't take off money anytime. After a man became the provider, he gets loyalty points (LP-tokens). These tokens he can exchange into cryptocurrency (thus take off his investments) or put them in yield farming. It's a place where tokens freeze and you can’t take off it for a definite period of time. For this, you will get passive income. It looks like a long-term bank deposit.