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Decentralized Finance (DeFi) represents the financial, blockchain-based world of tomorrow. Future generations will abandon the traditional financial system and embrace dApps, tokens and other digital innovations to achieve economic goals.
However, DeFi is still in its infant stage, leaving room for scams, money laundering, and other criminal activities. DeFi, without secure solutions and education services, could be more risky than a rewarding venture for individuals and businesses.
Here is where STACKD Finance steps in, to help develop DeFi into a safer, more transparent, and sustainable economic environment. Continue reading to learn more about its vision, utility, and services.
What is STACKD Finance?
STACKD Finance is a project seeking to take the DeFi industry to a new level. Its cryptocurrency ecosystem is designed to offer trust and security to tokens and individuals, and to help bridge fiat with DeFi. STACKD makes DeFi safer for both new and existing projects in the cryptocurrency sphere.
The STACKD organization consists of high-level executives, team members, and business advisors who are doxxed and have passed KYC with InterFi. STACKD was founded on four pillars: honesty, integrity and community. This philosophy helps DeFi become a safer, more sustainable, productive, and safer environment.
The project provides educational opportunities, advanced utilities, and tools to support users in developing generational wealth through cryptocurrency and decentralized finance. STACKD Finance provides services that help individuals and tokens navigate the DeFi market in a more secure way than ever before.
STACKD Finance will feature a proprietary deflationary token to ensure the project’s security and longevity. Token buying and selling will include a 20% tax, redistributing 15% of it as BUSD rewards for token holders. This means that 75% of the total tax will return to the STACKD community. The remaining tax will be used for marketing, staking rewards and buyback + burns.
STACKD will not limit wallet holdings, or buy limits. They will not charge a transfer fee.
They will, however, protect smaller holders by setting a maximum sell of 0.2% per transaction.
STACKD Finance has an extensive roadmap comprising ambitious milestones for the next two years and beyond. The project plans to launch its token, list the token on cryptocurrency exchanges and create various utilities within its DeFi ecosystem.
Furthermore, STACKED intends to expand its team, establish a philanthropic fund allocation, and join the Metaverse by Q2 of 2023.
STACKD Finance Services
Setting a new example of excellence in DeFi is impossible without innovative tools and utilities. These STACKD Finance services will assist them in reaching their goal.
STACKD AVS – Advanced Verification Services
‘KYC’ stands for ‘Know your Customer’ and is a level of verification suitable for customers of business. STACKD Finance believes that current KYC procedures within DeFi are insufficient to verify the identity and control of those who manage cryptocurrency tokens and other multi-million dollar projects.
AVS aims to set the new standard of ID verification in cryptocurrency for individuals and projects. STACKD AVS will verify a person’s identity to a higher standard than traditional KYC processes. The advanced STACKD AVS Gold will not only verify the identity but also perform additional checks to ensure that the person is fit to lead a crypto project.
STACKD AVS Platinum is for crypto tokens and projects, and will verify the identity and suitability of the team leaders, as well as carrying out an independent assessment of the project as a whole, providing potential investors with further peace of mind that a project has been vetted by a trusted third party.
In the event that an individual/project is issued with AVS certification, and then being involved in a “Rug Pull” or ‘Scam”, STACKD Finance will proactive provide the details to the authorities in place and cooperate fully with any criminal proceedings against the person/project.
STACKD Legal & Compliance
This service helps other token-based projects to develop their businesses, using the STACKD vision and philosophy and aiming to make DeFi safer for everyone. Rach, STACKD’s Chief Legal Officer will oversee the Legal & Compliance Division. She will offer services to tokens in all stages of development.
This division will work hand-in-hand with the AVS Division to ensure clients receive full-service utilities and help their projects to grow securely. For instance, projects can apply for:
- Advice about legislative requirements in a jurisdiction
- Project management of the establishment and registration of crypto companies
- Advice on how to start a token
- Advice on privacy issues
- Assistance with compliance with privacy legislation and storage of investor data
- Drafting website terms and conditions and privacy policies
- Risk mitigation advice
- Drafting and advising on contracts and arrangements (including Partnership Agreements and other contracts)
Currently, the STACKD team is developing various compliance utilities and additional compliance services according to its vision.
STACKD Finance will make its Legal & Compliance services available to all coins and tokens. They will also be prepared for the upcoming regulations in the cryptocurrency industry.
Final Thoughts
STACKD Finance is one of the latest projects to surface in DeFi with a uniquely positive approach to this environment. Its transparent approach and practical services will inspire others to create a better financial environment for all DeFi residents. Although the project is still in development, it has announced many partnerships and its AVS as well as Legal & Compliance services.
STACKD has built a huge organic community who love receiving the information STACKD consistently releases about its services, tools, partnerships and utilities. We will closely follow its development and see how quickly STACKD achieves the many goals on its extensive roadmap.
Meanwhile, for more information about STACKD Finance, please follow the links below:
| Website | Twitter | Instagram| Discord| Telegram|
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