What is DAGT?
DAGT is a leading decentralized platform which allows holders of digital assets to leverage their holdings as collateral for assets, credit, and loans. Lenders The digital asset credit platform built on blockchain technology can lock their digital assets (BTC, ETH, etc.) into smart contracts through the DAGT platform. DAGT will issue appropriate credit qualifications and provide lenders with quality services.
Technology and application of the DAGT
The native digital cryptographically-secured utility token of the DAGT Platform, Digital Assets Guarantee Token (DAGT Token) is a major component of the ecosystem on the DAGT Platform, and is designed to be used solely on the platform. DAGT Token will be issued as ERC-20 standard compatible digital tokens on the Ethereum blockchain.
The DAGT Token will run on a decentralized, public Ethereum blockchain to maximize the efficiency of exchange media throughout the ecosystem which is an effective distributed virtual machine that allows end-users to build smart contracts for transactions. Smart contracts are applications stored on the Ethereum public blockchain. These smart contracts have cryptographic algorithms that guarantee security and can validate or enforce contracts. The smart contract is a standard feature of the Ethereum ecosystem.
First, the advantages for C-side digital investors:
Increase the liquidity of funds. Pledging a certain amount of digital assets can obtain funds from B-side compliance loan agencies and increase the liquidity of individual funds and value of digital assets which are used for investment, financial management, daily consumption or travel.
Increase the long-term stability and security of digital assets (avoid forced close positions from exchanges). When using leverage to invest in digital exchanges, you may be forced to close your position because of a substantial shock in the prices of your digital assets, non-fulfillment of your additional bond obligations, irregularities in policies, or temporary changes in trading rules. The DAGT platform can help you avoid these losses. DAGT provides fund services to digital asset investors with a lower digital asset/liability ratio, boosting investor confidence in the risk of large market price shocks. In the meantime, according to investors’ needs, DAGT can promptly carry out currency-taking operations to ensure the stability and security of long-term digital asset holdings.
Second, the advantages for DAGT token holders:
Value-added benefits: When DAGT is listed on exchanges, you can get multiple value-added benefits.
Dividend income: In the DAGT project operation process, dividend income will be distributed according to a certain proportion and time.
Fund services: DAGT tokens are valuable in their own right. Users pay for credit facilities through the use of DAGT tokens for funding services provided by compliant financial institutions in cooperation with the DAGT project. (There are already several CFL partners as of now).
Third, the advantages of a B-side lending CFO:
Quality borrower: At present, the digital currency in circulation has reached as high as USD 200 billion and a large number of individuals are holding cryptocurrencies. For banks, small loan companies and online loan institutions, trust relations and strict information review mechanisms are needed to establish credibility with borrowers, such as reviews of identity information, academic information, credit information, social relations, personal housing and vehicle information. However, the basis of trust is not solid. In the blockchain, you do not need to trust a counterparty. When borrowers need funding services, they can verify with DAGT and get a credit certificate, which can be verified by any lender. Using the features of digital assets and blockchain technology, DAGT provides lenders with quality borrowers and enhanced risk control systems. When the borrower defaults, smart contract will be triggered to protect the lender.
Increase the rate of return. Research shows that digital asset holders generally have the characteristics of pursuing higher returns with higher risk. DAGT will screen the B-side compliance lenders for high-quality borrowers who can afford higher interest rates.
The security of repayment. DAGT has opened up API interfaces with several of the world’s leading digital asset exchanges and utilizes blockchain’s decentralized and non-tamper features to enable rapid stop-loss even in the face of extreme risks. In addition, DAGT uses smart contracts to set up a security reserve and deposit when working with compliance lending financial institutions. When the pledged digital asset value cannot cover the principal and interest, DAGT will initiate the smart contract to repay with a two-tiered deposit.
Token sale
Digital Assets Guarantee Token, referred to as DAGT, is built on Ethereum. The total supply reaches 100 million DAGT. The specific allocation plan is as follows:
Detail Information
Website: http://DAGT.io/
Whitepaper: https://www.dagt.io/pdf/dagt_en.pdf
Facebook: https://www.facebook.com/DAGTofficial/
Twitter: https://twitter.com/DAGTofficial
Telegram: https://t.me/DAGTofficial
Author : kokowannabe
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