The concept of finance is not new, it has been in existence since the earliest days of the exchange. Everyone has the opportunity and ability to be successful if they have the right resources, however, one of the most challenging aspects of building a business is financing it and many often struggle in their endeavor to raise the capital required.
Over the years, the concept developed into a centralized system allowing users to trust their assets (money and any other forms of wealth) to 3rd parties with the goal of receiving monthly or yearly interest.
This concept was great while it lasted but as usual, the only thing that remains constant is change.
Cryptocurrency and Blockchain came into existence some years back as a medium to pay for services rendered via digital currency. Bitcoin, the very first Blockchain, was created but served as a one-way payment medium and nothing more. However, developers saw the vision that something more could be achieved using this same technology, but with more features being included. These were called smart contracts.
Smart contracts do not require both parties to be present, they are automated and use real-time data to generate the result.
Ethereum brought this to reality and a few years later, others saw this opportunity and started making use of it to build DeFi apps, which would later become more preferable to CeFi.
Decentralized finance, or DeFi for short, is a general term used to represent financial applications or platforms that are built using one or more Blockchain, that make use of smart contracts to create higher returns on investment.
DeFi alone is a great investment option, but the major challenge it has faced so far is a lack of users or a limited number of users whose sole aim is to increase their vested capital. Up until now it has not been community-driven, which would create something far greater. Tweebaa intends to achieve this.
What is Tweebaa?
Tweebaa is the world’s only earning commerce platform. Its revolutionary multi-dimensional ecosystem utilizes a value-exchange model and provides everyone the means and opportunity to generate a substantial income. Tweebaa empowers its users by applying their winning team's proven success methods with “DRTV (Direct Response Television)” and helps bring a global network of traffic to their product or business! Tweebaa has all the great communication features you would want within social networking and of course the best marketplace too! Tweebaa paves the way for users to earn money in a variety of ways whilst also providing the emotional, financial, and social benefits that are often unavailable; all this in one app! Whether you are a business, a student, a seller, a homemaker, an influencer, a laborer, or a contributor to society, Tweebaa rewards you every step of the way!
Over the years Tweebaa has distributed wealth to both investors and users alike via its token called TWEE and has remained at the forefront of trends and latest developments. Tweebaa is going DeFi (TweeB) and promises to create a revolutionary system the world is more than ready for.
What is DeFi?
The definition might vary when asked by different individuals, but they all come back to the same meaning; decentralized means to render services such as lending and borrowing with no 3rd party involvement, restrictions, delays, and long queues.
DeFi is currently the most talked-about project echoing around the crypto space. Many are raving about it, while some are still critical.
DeFi farming has to do with individuals providing some form of liquidity to the market which in turn creates returns and keeps the market active. It gained massive attention when it came into existence and is still active and a hot topic of discussion today.
Tweebaa is introducing a new token called TweeB which included all the features of a DeFi coin. Tweebaa users will be able to explore and make use of this newly discovered global network.
What makes TweeB so unique?
At the moment, decentralized finance is mainly directed to an investor's interest with the sole aim of investing or rather putting in money and waiting for results (short-term). One can argue that it has yet to actually become a general platform when compared to centralized finance like the banking system, which offers services for every type of person. TweeB plans to reach a much wider user base, not only including the general cryptocurrency investor pool, but also the entire global network available through Tweebaa.
Using Tweebaa’s existing community, TweeB will create something that is totally different and rewards all users, both depositors, and borrowers.
Whether you provide liquidity, lend to the TweeB platform, or make use of its borrowing services by providing crypto supported collateral, users can yield returns, regardless of which direction they decide to take.
Combining the power of Tweebaa and TweeB, the more TiV a user holds, the more interest they will generate.
What is TiV?
TiV is an influence value, which reflects a user's contribution on the APP. People can increase their TiV by using the app in various ways including; adding and purchasing products, engaging and networking with other tycoons, inviting friends, and more.
There are many ways users can increase their TiV performance
Buy & Sell products
Invite more friends
Having your posts, liked, commented on, or shared
Evaluating Products
Suggesting Products
Having your Tycoonplace being viewed for more than 30 seconds
Follow 5 new friends
Creating a new post
In the field of DeFi in Tweebaa’s ecosystem, the TiV value is similar to the credit value and plays a vital role in relation to TweeBuck (TweeB).
What is TweeBuck and how will users be able to make full use of this platform?
TweeBuck (TweeB) is the next generation upgrade from its token holders. All potential changes, including adding new marks or adjusting system specifications (for example, leverage factors or interest calculations), must go through the proposal and voting process.
TweeBuck (TweeB) is a token that embeds 1:1 voting right to execute composite governance. Token holders of TweeB can simply delegate their voting rights of utility tokens on ERC-20 to their own or other people’s Ethereum wallets address.
How does TweeBuck plan to reward its users?
TweeB is basically a DeFi-based coin and it plans on providing more financial services, when compared to other types of decentralized finance platforms, using the following features and more.
• Providing Liquidity (Liquidity mining)
• Depositing
• Borrowing
Liquidity provider
Basically, users will be able to provide TweeB liquidity on a ratio of 50/50 to whichever coin it is paired with, i.e. TweeB/ETH, TweeB/USDT, and more depending on users and what they prefer.
As a liquidity provider, decisions on which pair to trade TweeB with will be totally dependent on users as it should when referencing a decentralized network.
While the above is performed, liquidity providers get returns in TweeB tokens as more swap is carried out.
Deposit
As mentioned above, TiV plays a vital role when interacting with the Tweebaa platform. The more TiV you have, the more TweeBuck (TweeB) you will receive.
The TweeBuck (TweeB) amount received will be based on 60% of the users Twee and 40% from their TiV.
By depositing assets to the Tweebaa platform, users will be able to generate returns that are paid based on the pre-calculated format using different scenarios.
More information regarding this can be found in the whitepaper.
Borrowing
Centralized systems like the banking sector, give out loans to customers and in return, those customers provide collateral which can include land, homes, and other assets. However, the world is going digital and so should borrowing.
TweeB allows users to provide collateral in cryptos like BTC, ETH, and other altcoins which then provide users with the assets they want.
They can provide collateral in BTC and take their desired coin to trade; this can be paid back and their vested collateral closed/removed.
Conclusion
TweeB token omics can be further broken down into self-governance. In terms of DeFi, this simply means users will be able to self-govern the TWEEB platform based on the vested amount they hold. This, in turn, creates a scarcer economy giving more value to the token.
Scarcity is one of many ways to provide value to an asset, take BTC as an example with only 21mil total supply. It has, over-time, created a self-sustaining market that depends on holders and how much they are willing to sell at that point in time.
The same can be said about TweeB. Holders will determine how much they are willing to sell or if they prefer holding it, they will have more scarcity and more value.
In conclusion, TweeB hopes to create a system that is both community-driven and investment-wise, resulting in a system that is far more prevailing than anything currently available.
While the future cannot be predicted, users are advised to carry out their own research before investing.
To increase the awareness of TweeB, different events will be hosted occasionally.
To find out more and keep up to date, join the Tweebaa telegram channel(community) [link] if you haven’t already. You can also follow us on Twitter (https://twitter.com/tweebaa) to keep up with the latest news and updates.
