It's been more than a year since my last review on the ROOBEE Exchange, and lots of changes, developments and updates has taken place within that time, each in line with building profitable investments through multiple investment options and products, which has seen ROOBEE grown from just an Exchange into a developing vibrant Ecosystem. Therefore, it is necessary I give an updated review on this platform, one that'll cover the updates and developments that has taken place from then till now, which will further showcase the value of this platform to the public.
It is a commonly known fact that a platform's interface is one of the features essential to boosting user interaction and increasing the usage of any given platform. A platform's interface must be simple, attractive and very easy to use, complex interface makes it difficult for users to navigate a platform. Well, I'm pleased to mention that the interface of the ROOBEE platform meets all these requirements and much more than can be revealed in this review.
Every developments, updates, partnerships and integrations since my last review have been tailored to steering the ROOBEE platform closer to accomplishing its primary aim of building and providing profitable investments services.
The security of the platform has not been neglected all through the development process. In order to make sure users assets are safe and secure as much as possible, a 2FA [Two factor authentication] security method, has been introduced, one that ensures that each users accounts are doubly secured. The platform also has an inbuilt wallet, where users can store their digital assets.
I mentioned earlier that the ROOBEE platform has developed into an ecosystem, due to this development, several other sub-platforms have been developed, with the most significant of them being ROOBEE Finance.
ROOBEE Finance is the aspect of the ROOBEE platform focused mainly on DeFi [Decentralized Finance]. It features all the properties of a DeFi platform, such as Farming, Staking, and much more.
ROOBEE Finance is also supported on the following networks, BSC, Ethereum, Arbitrum, Avalanche, Polygon and the recently launched Optimism network, a proof that the project is multi-chain compatible. Its multi-chain compatibility has made bridging possible within all the above networks supported on the platform.
There have also been countless integrations and partnerships of
which I can only mention a few;
I also won't fail to make mention a significant part of the platform, the ROOBEE DAO. DAO [Decentralized Autonomous Organization], is an evolution of decentralization, and one that has been fully adopted by the ROOBEE project, hence leading to the creation of ROOBEE DAO, a segment of ROOBEE Finance that in charge of decentralized voting and staking all essential to keep the platform running and functioning effectively as it draws closer to accomplishing it's goal.
Staking the bROOBEE token gives users the opportunity to participate in decisive voting process about the future of the project and also earn a 6% APR in the process.
There have also been other integrations with prominent DEXs [Decentralized Exchanges] and Wallets, a development that now allows users access the platform and its services from the DApps of supported wallets and decentralized exchanges. Which is a positively oriented ploy to making the ROOBEE platform accessible to everyone.
It wouldn't be possible to mention all, but one thing is certain, the ROOBEE Ecosystem has grown a lot, and it is still growing rapidly, this makes it one of the booming projects to watch out for in the years to come.
At the time of writing this review, the value of the ROOBEE token was $0.001239, a significantly low price but I'm hopeful about the future of this token, because the ROOBEE ecosystem is a strong one.
And lastly, I criticized ROOBEE platform's KYC procedures in my previous review due to the fact that I found such procedures stressful.
Well, you might say I've seen the light, so I'll be un-criticizing that notion, due to the fact that I now recognize the security value of such a procedure, no matter how stressful it may seem, I've come to the conclusion that the safety of our assets takes top priority for any finance platform, whether centralized or decentralized.