There is need to always get real time information in the real world and then translating the information into the blockchain or other projects in it that needs to build their solutions. However, it hasn't been easy getting such an information without using third party agents. But there is a way to improve the system of finance through the blockchain through collecting information about prices from a whole lot of source and then making the same advantage available to many other projects needing similar aid. This can only be done through DEGO.
ABOUT DEGO
This platform discards the need for a third party Oracle agents by making its decentralized Oracle that helps the business. The solution is able to correct the current defaults in the finance system and beautify other projects as Dego oracles helps to collect information about prices from all sources including from all kinds of exchanges. This platform will be useful to all data providers who will be in full support by making them get DEGO tokens as rewards. The beautiful thing about the Oracle created by DEGO is the way it can search for wider data ranges and consolidate all information to be used or managed together. This displaces the centralized data companies from having control over data and therefore opening an opportunity for a purely decentralized governance.
THE APPLICATIONS OF DEGO
DeFi has always have a cross chain application for so long and that is never going to check anytime soon but in the case of DEGO, a new type of cross-chain application will be realized because this time around, decentralization is included and a newer technology called DCRM is adopted to make it possible for users or traders to exchange their tokens using this same algorithm. Through Dego project, the DeFi world will be promoted and many more kinds of encrypted assets will be used to make the platform more developed.
Dego is in support of so many cross-chain applications and by virtue of this ensures that users are being enabled to use different types of currencies through deposits and minting them through the ETHEREUM chain. All these processes are plain and simple.
DEGO make users able to swap currencies, tokens and other types of assets across different chains in a very fast and secure way.
Moreso, cross chain hunting pool is another application. Asides working on the ETHEREUM chain, DEGO function on other hunting pool and has also designed its special hunting pool.
CONCLUSION
Dego platform is also a creative platform and as such is very particular about the copyright protection of the contents that comes from it. This made the team to a protocol for the decentralized copyright protection to ensure that all the contents are safe and not tampered with. This value is held in high esteem and is shared within the blockchain and to the users as well as to creators of any content. So this is what Dego has to offer in addition to revolutionizing the world of finance in the real world.
USEFUL LINKS
Website: https://dego.finance/home
Medium: https://medium.com/@Dego.finance
Telegram: https://t.me/dego_finance
Twitter: https://twitter.com/Dego_Fi
Discord: https://discord.com/invite/xJjSJrd
Github: https://github.com/dego-labs
Username : Ozie94
Profile : https://bitcointalk.org/index.php?action=profile;u=2103066
ETH : 0xDa2F65ea0ED1948576694e44b54637ebeCA22576
proof of authentication : https://bitcointalk.org/index.php?topic=5272474.msg55264471#msg55264471
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