Smart Money Movement
DeFi , DeFi, DeFi, DeFi, DeFi, suddenly everyone has become very obsessed with DeFi lately.
This time around, a majority of the money entering the markets is coming from corporations and institutions rather than retail investors. Each group is betting that the value of the USD will decline which means that assets priced in USD will become pricier–such as digital currencies. And, in response to the stagnation in blockchain space, crypto geniuses gave birth to Ergo-Smart Money.
It implements various economic & technical ideas that add value without depleting the advantages of existing blockchain systems. Ergo-Smart Money represents a movement that seeks to push borderless, censorship-free, and accessible financial products for all. Its protocols do not discriminate and levels the playing field for everyone. It also enables users to combine their services to open up multiple possibilities.
A movement that is all about bridging the gaps, and making finance accessible to everyone without any form of censorship. Ergo opens up huge windows of opportunities and allows users to access various financial instruments without any restriction on race, religion, age, or nationality.
The prices of cryptocurrencies are known to be extremely volatile. It is common for cryptocurrencies to have intraday swings of over 10%. To mitigate this volatility, stablecoins that are pegged to other stable assets such as the USD were created. Genius minds at Ergo have created ‘AgeUSD’ — an algorithmic stable coin protocol that is significantly better than MakerDAO which is going to be unveiled during #ErgoSummit2021 on 23rd January’2021.
Join this remarkable summit on January 23rd to discover what lays await in the new era of Ergo-Smart Money.