DeFiMaster obtains investment from MVS to expand user-friendly platform

Rick Steves

DeFiMaster plans to introduce its open system to the liquid mining business (a way for users to earn passive income in the DeFi ecosystem) in early 2022.

MVS Group has invested in DeFiMaster, a decentralized financial platform, in order to develop the growth of the network and the expansion of DeFiMaster’s automated trading functions.

A well-developed network is expected to lower the entry barrier of DeFi for ordinary users and promote the rapid development of the DeFi market.

DeFiMaster to focus on liquidity mining

Prior to the MVS Group investment, DeFiMaster successfully opened up the underlying agreement with a number of well-known DeFi exchanges.

This took place in October 2021 and the main purpose of this research and development is to integrate mainstream NFT product trading platforms to quickly and accurately screen out high-quality DeFi products.

It also allows all creators, including artists, musicians, influencers and gamers, to use digital assets such as NFTs and social tokens to interact with their fan base.

DeFiMaster plans to introduce its open system to the liquid mining business (a way for users to earn passive income in the DeFi ecosystem) in early 2022.

In liquidity mining, liquidity providers put coins in the DeFi liquidity mining pool to receive token rewards, interest rewards, and handling fee rewards.

In the future, DeFiMaster will launch a leveraged liquidity mining business to further expand its income through the principle of leverage, with inevitably higher risk that can be countered by using a portion of the profits earned by liquidity mining to use leverage to amplify returns.

“Even if it loses money, it just means sacrificing a part of the profits of liquid mining. DeFiMaster uses artificial intelligence and DeFi analysts to make the optimal measurement strategy to ensure the maximum benefit of leveraged liquidity mining”, the firm explained.

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Simple and fast

 

DeFiMaster wants to make DeFi transactions very simple and fast so that anyone and everyone can complete the high returns brought by NFT product exchanges through simple operations.

The firm plans to enter the DeFi market as it is poised to have a scale of hundreds of billions of dollars in the view of its own executives and external estimates.

For now, DeFiMaster proposes a diversified smart contract trading platform to address the needs of ordinary people who are not very familiar with derivative products based on blockchain technology.

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