Sugar Factory – a DeFi platform that will bridge the gap between entertainment and novelty

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Abstract

If we talk about the DeFi protocol, there will certainly be many things that can be discussed, because indeed the DeFi protocol is a decentralized financial protocol that is awaited by many people around the world, who are fed up with a centralized financial platform that is prone to manipulation and is controlled by only a handful of parties. DeFi is an umbrella for decentralized financial applications that offer a variety of features and solutions to users around the world. On this platform, users can get passive income every day, swap cryptocurrencies, and various other things easily and safely.

Seeing the development of the DeFi sector, a dedicated team of people who are passionate about crypto and art wants to present a DeFi protocol that focuses on the entertainment sector, this platform is named Sugar Factory, a DeFi platform that will bridge between entertainment and new technologies, namely cryptocurrency and provides various features which will facilitate the user. Built on the Binance Smart Chain platform, it allows Sugar Factory to operate more quickly, safely, efficiently, and with lower fees than competitors.

Cryptocurrency, Meme token, and NFT Crypto

NFT Crypto, Meme token, or Deflationary token are terms that are popular nowadays in the cryptocurrency market. These three terms are closely related to DeFi, because as the DeFi sector develops, many other sectors also develop, that includes NFT Crypto, Meme token, or Deflationary token. Usually at this time the DeFi platform apart from being a yield farm and AMM, also provides features such as an NFT marketplace and a deflationary token, because these two features are indeed a growing sector in the crypto market and are appropriate to be combined on the DeFi platform. This is what makes a dedicated team who are passionate about crypto want to present a DeFi platform that also includes NFT crypto and deflationary token features, namely Sugar Factory. But unlike other DeFi platforms, Sugar Factory focuses on the entertainment industry & blockchain technology, combining these two sectors and empowering participants.

Sugar Factory works by becoming a bridge that will connect new technologies, namely cryptocurrency, within Music and Art. With this Sugar Factory can provide a DeFi platform that offers an interactive and playful experience for all users.

Sugar Factory Features

Sugar Factory is a DeFi protocol that allows users to easily and securely access various DeFi features through an intuitive interface. Here users can swap tokens safely and easily through a platform built on Binance Smart Chain, which is one of the best chain technologies on the market today which allows users to make transactions faster, safer, more efficient, and with lower fees. But not only that, there are several other features of Sugar Factory:

  • Incentives: Sugar Factory is a DeFi platform that allows users to stake their tokens and provide liquidity to earn incentives every day.
  • Link cryptocurrency with the entertainment industry: Sugar Factory is a platform that emerged during the development of the cryptocurrency market and the entertainment industry, therefore Sugar Factory wants to be a bridge that will connect these two sectors.
  • Community driven: Sugar Factory is a community-driven platform, meaning users can participate in decision making.
  • Lending: Sugar Factory through a lending platform makes it easy for users to be able to lend their assets to other users through smart contracts.

SGFuel Token

SGFuel Token is a native token launched by Sugar Factory and will be a utility and governance token. SGFuel token based on Binance BEP-20 with a total supply of 10,000,000,000 SGFuel. By owning an SGFuel token, users will get several benefits such as getting voting rights, joining the stake and farm program, etc. Users can get SGFuel tokens via Pancakeswap.

Sugar Factory Roadmap

Sugar Factory started this project with a contract deployment, building the website, setting up social media profiles, and selling tokens via the PancakeSwap platform. After Sugar Factory succeeded in token sales, Sugar Factory will do some expansions on the features and platform.

After the expansion of several features, Sugar Factory will make some improvements to the features and services and a thorough audit of the smart contract, to convince potential investors. All of this can happen if Sugar Factory gets support from users and investors, who have a big role in the sustainability of the platform.
To conclude

The DeFi sector has grown quite significantly in recent times. This is all due to the increasing adoption of cryptocurrencies among retail investors and non-crypto users. Even experts predict that in the future the DeFi sector will continue to grow. And Sugar Factory is here as a DeFi platform that allows users to access various DeFi features easily and safely. The Sugar Factory decentralized exchange protocol built on Binance Smart Chain, one of the best chain technologies today, allows users to transact easily, securely, quickly, and cheaply.

For more information about Sugar factory, click the link below

Username : Ozie94
Profile : https://bitcointalk.org/index.php?action=profile;u=2103066
BSC Wallet Address : 0xEfd7255D5b89Ceffa7d0E297b556286C143e779B

Published by ozie94

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