Quote from: CRD Network on August 11, 2021, 06:24:34 AM

What is CRD Network?

Major financial institutions take advantage that they are an oligopoly as high barriers to entry typically rule potential competition out. At least this was the case until recently with the advent of DeFi via Ethereum-based smart contracts.

However, despite being an excellent proof of concept Ethereum is too unwieldy. It remains unusable for small, everyday transactions, as gas fees might often be far in excess of the value of the operation.

Not only that, but they’re subject to fluctuate considerably throughout the day. This means that if you build a DeFi service on the Ethereum mainnet, your operating costs might well change up to 400% on a given day. In other words, the same transaction with the same assets might be profitable one hour, but lose money the next.

Consequently, the CRD Network was built on top of the Ethereum mainnet as a means to settle transactions at semi-stable rates and lower fees. This is done by settling locally where possible, and “packaging” external transactions to execute on the mainnet and thereby vastly reducing costs, instead of doing each transaction separately.

We also place a special emphasis on remaining legally compliant by following the regulatory frameworks provided to us by our legal partners. In other words, we can withstand the coming crypto regulatory crackdown, as we already adhere to legal best practices, unlike most crypto projects out there.

We are already in the process of brokering deals with major international financial institutions, which were attracted to our ecosystem due to the fact that we prioritize legal compliance .

Overall, if you want both your traditional finances and crypto holdings in one space, while also being able to considerably lessen the legal and tax risks associated with misusing DeFi, then the CRD Network is the answer to your problems.

That’s why the CRD Network is special!

---CRD Network Ecosystem---

KYC DeFi onboarding as a service Cheesy

Creators Bank Shocked

BitClout Integration Cool

NIFTIT

-----Tokenomics Of CRD-----

Type: ERC-20

Ticker: CRD

Total supply: 1,000,000,000 CRD (fixed)

Token contract: 0xcaaa93712bdac37f736c323c93d4d5fdefcc31cc

----Start earning yield with CRD----

Liquidity Pools - CRD is designed for easy convertibility into more mainstream crypto like Ethereum (ETH). Users can help the liquidity of the CRD by lending their currency to a smart contract known as a “Liquidity Pool” and earning 0.25% of every exchange that happens in the protocol. .

Master Node Operators - If you feel competent in your technical skills, you will soon be able to provide 1M CRD as collateral and run a Node on the CRD Network. You’ll then be able to process and confirm internal system transactions, and for your service, you’ll receive a percentage of the fees charged in the operations you validate.

Staking - This is a means by which you will be able to vouch for Master Node Operators, and use your CRD holdings to delegate for a particular node. Master Node Operators will then receive more transactions to validate and will be able to offer a percentage of accrued fees as a reward.

Our Whitepaper-https://www.crdtoken.org/whitepaper

website:https://www.crdtoken.org/

Our Socials:

Twitter:https://twitter.com/CRDNetwork
Telegram:https://t.me/CRD_official_EN
Medium:https://medium.com/crd-network
CRD Blogs:https://www.crdtoken.org/blog
Bitclout:https://bitclout.com/u/CRD?feedTab=Global

BARSvlad

Posts

Merits