OverviewDecentralized Finance (DeFi) is emerging as the latest business model in the world of finance. Cryptocurrencies are being actively used in DeFi projects across the globe. Most DeFi projects currently exist on the Ethereum network. While Ethereum is an established network, ETH projects have high costs, including higher transaction fees for DeFi users. To save investors from high ETH gas fees, Binance Smart Chain assets, such as PTE, are becoming popular. Peet DeFi is one of the latest crypto funding programs to differentiate itself through developing multiple channels. Peet DeFi runs on the Binance Smart Chain; and with it’s high accessibility, is helping millions realize their efforts to earn the highest possible returns on their crypto assets, though concurrently building an ecosystem focused on Yield Farming and Crypto Security.
What is Peet?Peet is the name given to the PTE token in the Peet DeFi Platform and it is traded on the Binance Smart Chain. It will also be used intra-platform across the suite of Peet Platform ecosystem offerings. The cryptocurrency, PTE, helps in operating the digital finance business on the Binance Smart Chain blockchain. As of July 11 2021, the value of 1 PTE token was $1.0939217261487. Peet DeFi currently supplies around 964,000. They are gaining circulation every day, and the ATH of Peet DeFi reached $5 organically. Peet is being traded exclusively on three active crypto markets. In this month alone, around $50,000 worth of PTE tokens are being traded daily.
How does Peet DeFi work?The Peet DeFi platform seeks to empower users seeking real-world generation of crypto wealth, and seeks to put an end to all crypto scams. The platform also aims to provide real-world asset collateralization, and focuses on maximized ROI through staking PTE, the native cryptocurrency token of the Peet DeFi platform, and as well as other cryptocurrencies. The staking mechanism of Peet DeFi works on integrated yield farming. Yield farming is a unique way of allowing users to lend their crypto assets for various DeFi projects and gain high returns from these investments. Through current and future partnerships the possibilities for maximized ROI are limitless. Peet holders automatically earn rewards on a per-transaction basis through the redistribution mechanism encoded into the PTE smart contract. The Peet Platform and Security Investing carries inherent financial risks. When people are robbed of assets in the world, misled by false information or scammed, they may go to the police or authorities. When investors are robbed in the crypto space, they have nowhere to go and no recourse. The Peet Platform will provide a revolutionary social component where investors can participate in a reporting system. The Peet rewards system will be integrated with the community in mind and implement multiple channels through which to participate and earn. The grassroots efforts by our community will be rewarded based on the level and quality of contributions. Users will be rewarded in either PTE tokens and/or other available alt coins for reaching milestones. If investors are scammed, they may earn points in our ranking system. Those that spend the time and effort proving (irrefutably) that they were scammed will earn immediate assets rewards (in addition to the points rewards). Once we have manually verified that any given contract, company, or specific user is a scammer, they will be blacklisted. After any given contract, company, or specific user is placed on the blacklist, we will inform all of the appropriate parties of the scam. For example, if a scam project is listed on CMC and Coingecko, then we will inform them of the scam as part of our partnership and ongoing fight against scams. Key Features of Peet DeFi
- The Peet DeFi ecosystem aims to minimize fees for off-chain transactions and maximize staking yield ROI.
- The Peet DeFi platform will revolutionize the crypto world by ending all crypto scams and providing an authoritative outlet for victims.
Advantages and Disadvantages of PeetPros
- Peet DeFi is an adaptable platform for decentralized crypto financing.
- The DeFi project is designed to be scalable.
- PTE tokens showcase the least resistance when integrated into a new blockchain.
- The platform aims to charge the lowest fees compared to other DeFi projects.
- It is the most clearly-defined DeFi project with optimization and long-term goals.
- The Peet DeFi project is young.
- The platform does not yet help in selling back arbitrary tokens.