Review on Jarvis Network by Inioluwa Okedeji
Jarvis Network: A Cryptocurrency Project With The Aim Of Making Decentralized Finance Accessible To The Public.
Jarvis Network is a cryptocurrency trading platform which was launched in 2017 with the vision of bringing decentralized finance to the public and making it as accessible as the internet.
The Jarvis Network is supported by a set of protocols on the ethereum blockchain network that can allow anyone become a broker through financing and maintaining liquidity pools with stable currencies.
With the platform built on the ethereum blockchain network, the safety and security of transactions is ascertained because blockchain technologies are widely known for their security prowess and the Jarvis Network is not left behind in this important area of the project.
This project also offers instruments for liquidity providers and investors, one of which is the platform's native token, JRT. This token aids the maintenance of efficient trading activities on the Jarvis Network platform.
JRT tokens can also be staked and rewards will accompany such activity. It also acts as an utility token, ensuring that protocols are executed.
The recent surge of Defi projects stunned the cryptocurrency space and I believe that the Jarvis Network isn't far behind as well, because the services and features that this project has to offer shows that its following the footsteps to becoming a successful project.
Pros
- The Jarvis Network platform is equipped with an adaptable and easy to use interface.
- This project gives access to the financial market while reducing the costs associated with doing so.
- Jarvis Network is provided with set of protocols developed and built to amalgamate the financial terrain, making activities more open and transparent.
- The provisions for liquidity and efficient trading activities are also available on the platform.
- The platform supports staking activities which allow stakers of JRT tokens rewarded and helps to increase their portfolios.
- Jarvis Network also supports on-chain trading activities, a feature that allows the trading of multiple tokens.
Cons
- Aside the fact that the value of the JRT token is low, I can't pinpoint any other shortcoming.
