Review on Axis DeFi by Pedro O. Alvino M.
DEFI platform with an interoperable chain
Composed as a decentralized project developed under the Ethereum chain, it is made up of decentralized financial services or well called DEFI, which unlike other projects based on decentralized financial services, the scalability and high processing of the AXIS network allows the user to u operator count on the services of the platform without any error.
The AXIS platform consists of a system of security layers and an interoperable chain that provides a speed of negotiation in the AXIS ecosystem without interruptions, in addition to adding several protocols that protect the market that mitigate risk control and offers a liquidity system where investors bet AXIS as a utility token and receive benefits in the transaction fee on the network.
Regarding the operation of its token, the commercial flow is very low given the recent inclusion in the market and the low availability that it has in the exchanges, since it is only found in two crypto exchanges where liquidity is moderate.
Pros
- It has a supersdena that uses consensus DPO that provides gains to the validators in the network.
- It includes a trading engine that executes orders with a decentralized counter.
- It consists of a decentralized risk control system.
- Thanks to the implementation of DACP, it allows users to account service that includes verification of funds and confirmation of margin in the AXIS ecosystem.
Cons
- Numerous competitors in the market.
- Very little accessibility to the token in Exchanges.
