Review on ETG Finance by Olugbenga Ajayi
A good project with many features
ETG finance is a new defi platform that came up in late 2020 on the ethereum block chain. ETG is an acronym for ethereum gold finance. Being a new project, much of its proposals are underway. Some of the features of this projects are:
1. Decentralized finance platform that will make quick funding possible without third party intervention.
2. E- staking makes it possible to hold ETGF and stablecoins from different blockchains like USDC, USDT, DAI and earn their token ETGF and ETG.
3. E-vote allow the community of users to participate in the governing of the project.
4. E-swap will work like uniswap on the ethereum block chain to allow decentralized, easy and convenient swapping of token.
My view:
This project is a good one and I can see it developing into something great in the nearest future firstly because it interact with other cryptos like binance, Dai and others. Secondly their staking programme will really help to earn by holding digital assets.
However the total supply of 150,000 looks rather too small. It gives the impression that the project may not be that promising.
Pros
- The transaction on this platform will be very fast
- Transaction fee will be low
- By holding digital assets, members can earn good reward
- It has interaction with other crypto currency project
Cons
- Total supply looks too small
