AlienFinance
What is Alien Finance ?
AlienFinance is a Binance Smart Chain (BSC) based DeFi platform designed to facilitate a peer-to-peer transaction system that implements a community-based governance model. Through the platform, users can conveniently conduct cross-border money transfers, purchase cryptocurrencies, and earn additional profit from their assets through staking.
Alien Finance is the project’s Decentralized platform powered by Binance Smart Chain (BSC) . The deployment of smart contracts enables the network to achieve greater performance and scalability while facilitating peer-to-peer transactions without the need for any third-party oversight.
The Alien Finance is the backbone of the protocol’s economy. It is the platform’s native cryptocurrency asset that primarily functions as a medium of exchange as well as a staking token. It is also required for the execution of smart contracts on the platform and in backing the incentive scheme for the protocol’s liquidity providers.
ALIEN FINANCE EXCHANGE.
The platform also features a non-custodial, peer-to-peer crypto-assets exchange. Alien Finance is a cross-chain, decentralized wallet and exchange supported by Binance Smart Chain that enable Ethereum swaps complemented with AI technology.
To facilitate these peer-to-peer trustless, and cross-chain swaps on the exchange, it utilizes Hashed Timelock Contracts (HTLC). Basically, this is a system that requires transaction recipients to first acknowledge payments by way of a cryptographic proof within a defined time period, which is also the same technical framework implemented in Bitcoin’s Lightning Network.
Governance Model
The governance of the platform follows the Decentralized Autonomous Organization (DAO) model, one that is community-driven.
In this framework, Alien Finance holders are considered the protocol’s stakeholders. Developers on the platform can propose protocol amendments, upgrades, features, and other changes, which stakeholders have to vote on before they are deployed. If the community doesn’t agree with any proposed modification on the protocol, it can be rejected by the community if it doesn’t garner enough votes.
RoadMap.
For More Information:
Website: AlienFinance.xyz (Under Development )
Twitter: https://twitter.com/FinanceAlien
Telegram: https://t.me/AlienFinancee
