Review on Uquid Coin by David Olayide
UQUID Coin
Uquidcoin (UQC) is a decentralized virtual currency based on the ERC20 Token of the Ethereum network. From what I can perceive, it appears that the aims or goals of this blockchain asset is to supplement the development of UQUID Ecosystem. In this virtual revolution, token holders will have the benefit of instantly and effortlessly cashing out their token. UQUID aims to bridge or reduce the gap between DeFi and e-commerce.
I particularly like the fact that the project is really versatile and can be used in multiple scenarios and also for multiple reasons. You can make use of UQC to pay for your bills, or also use it to top off your mobile account balance. UQC is a decentralized defi project, and so it is a departure from the more centralized financial systems to peer-to-peer finance enabled by decentralized technologies built on the Ethereum blockchain.
The project is not bad, and there are a lot of features and benefits that come with using the cryptocurrency project. With the Uquid DeFi margin, Users can create leveraged margin positions and earn interest through decentralized lending pools. The use cases for this cryptocurrency project, and I have a keen interest in it’s operation.
Pros
- UQC is based on the Ethereum platform and is ERC20 based
- The project has an aim to bridge the gap between DeFi and e-commerce
- Very versatile in nature
Cons
- Little recognition in the global crypto community
