Tranquil Finance Decentralized Exchange Review

Tranquil Finance Decentralized Exchange Review

Tranquil Finance is a company that developed Defira as a blockchain metaverse—Defiraverse. It is a fusion of DeFi and GameFi that unites the best features from both worlds. There’s unique gameplay that is featured by strengths of the blockchain medium. 

Tranquil Finance overview

Tranquil Finance Decentralized Exchange Review

The system unites DeFi with the cutting edge GameFi. So, the devs try to convince us that we can expect relevant and secure trading experience.

How does Tranquil Finance work?

We have checked all corners of the site and the documentations to create a comfortable to read list of features and settings.

  • The Defiraverse consists of three core layers that are synergized between each other.
  • The developers want to design a cross chain app as a bridge between worlds.
  • It works on the Harmony blockchain.
  • There’s a play-to-earn model to integrate and improve upon the tokenomics of our DeFi systems.
  • Popular GameFI projects suffer extreme inflation and lack of utility for their game tokens.
  • Defira’s game tokens are also governance tokens for its DeFi super app
  • They are going to develop characters, music, settings, and stories within the verse.
  • There are ultra premium unique NFTs within the game.
  • Each protocol and blockchain will have its own governance token and unique capital city inside the Defira game world.
  • DeFi primitives are represented as areas in the capital (e.g. market, bank, etc.), and all DeFi protocol tokens will have utility in-game, being a resource required for critical features, such as wishing for new heroes. 
  • We can work with it within web functionality.
  • The developers claimed that their multi-token strategy for Defira allows us to properly offer incentives and compete in order to become a major player on each blockchain we deploy on.
  • Traditional tokenomics models, such as locking and veTokens, can be represented as NFTs with powerful in-game applications.
  • They want to share fees from performing swaps with gamers.
  • The game was invented as a multimedia franchise.
  • Tranquil Finance has its own gow tokens–TRANQ.
  • We can stack our liquidity within in-game functionality.
  • Mimas Finance – a fork of the lending primitive from Tranquil Finance on Cronos Chain.
  • It has MIMAS as a gov token.
  • We can stake their ONE tokens to get more stONE tokens as rewards.
  • We can expect that 75% of the fees will be distributed within the staking pool.

What can you buy on Tranquil Finance?

We can swap tokens with high execution speed within the platform functionality. There are FIRA, TRANQ, MIMAS tokens reelased. Fira is the core governance token and the currency for their verse – Defiraverse. TRANQ is the govenance toke on the Tranquil Finance business. MIMAS is the gov token of the Mimas Finance protocol.

Is Tranquil Finance safe?

It’s hard to claim this without a significant period of using it. The developers have just nicknames and no intel about their personalities. 0xYamcha is a lead developer. He’s a former FAAMG software engineer tech lead with over 10 year experience and background in security and authentication. 0xKRILLin is  backend developer who is a former FAAMG software engineer tech lead with over 10 year experience and background in ML and cloud systems.0xGoten is a smart contract developer who’s former FAAMG software engineer tech lead with over 10 year experience and background in cryptography.

Tranquil Finance fees, compatible wallets, and transactions  

  • We don’t know how many fees the platform charges for swapping.
  • We can work through MetaMask.
  • The system proceeds transactions quickly.

What are the ways to trade on Tranquil Finance?

We can swap out tokens, deposit, and stake them within the platform functionality.

Customer support

The developers provide welcome support that allows us to be in touch with all their features and projects.

Should you buy a Tranquil Finance token?

Tranquil Finance summary

Tranquil Finance summary
0 100 0 1
Tranquil Finance is a DEX, DeFi, and GameFi platform that provides us with services like swapping, depositing liquidity to the dual pools, and staking tokens to get even more as rewards. The developers created three tokens that allow us to use them within various platforms and functionalities: FIRA, TRANQ, MIMAS. Most likely, they have a relevant level of security because managing three tokens isn’t a simple activity.
Tranquil Finance is a DEX, DeFi, and GameFi platform that provides us with services like swapping, depositing liquidity to the dual pools, and staking tokens to get even more as rewards. The developers created three tokens that allow us to use them within various platforms and functionalities: FIRA, TRANQ, MIMAS. Most likely, they have a relevant level of security because managing three tokens isn’t a simple activity.

Pros

  • Various tokens available to invest
  • There’s ingame functionality available

Cons

  • No risk advice given
  • A few explanations provided about ingame features and functionalities
  • No people’s testimonials written
Total
0
Shares
Leave a Reply

Your email address will not be published.

Related Posts