Review on ROAD by Gunay Ovezova
The convention on the Ethereum blockchain, which creates the foreign exchange market.
Street is a convention on the Ethereum blockchain that creates currency markets with a source pool of algorithms with loan payments taking into account market interest for the source. Sources of supply, without setting conditions such as growth, financing price, or collateral with a partner or counterparty, receive the cost of the outgoing loan and cooperate directly with the convention.
This project, the convention summarizes the reserves of each customer, and when it provides the customer with a source, it becomes a floating asset. This method offers more liquidity than direct lending.
Resource resources are limited to multi-stakeholder contracts and no one’s funds can be accounted for by the owner himself.
If not every source in the market is available, customers can withdraw their sources at any time without believing that certain progress will be made.
Unlike a trade or P2P phase where a customer’s resources are coordinated and lent to another customer, the project convention sums up each customer’s reserves.
In addition to one site for customer exchange, multidisciplinary programs for inexperienced customers with decentralized wallets will be made available to the public on a regular basis.
Sources provided to the market are solved by symbolic balancing of the ERC-20, which is appropriate for the owner to expand the secret source.
The convention is fully monitored by local communities and partners, for example by posting new notes and updating the credit expenditure model for each source.
Pros
- Offers more liquidity than lending.
- The Convention is overseen by partners.
- The convention of the project sums up the customer’s needs.
Cons
- I didn’t find any negatives.
