Decentralized finance (commonly referred to as DeFi) is a blockchain-based form of finance that does not rely on central financial intermediaries such as brokerages, exchanges, or banks to offer traditional financial instruments, and instead utilizes smart contracts on blockchains, the most common being Ethereum.
As we continue to follow the trend of the business we are pursuing, we have proven that we have come a long way. We had opportunities to meet and get to know projects that provide livelihood to each person. Today we are going to share a project that is definitely fun and you will definitely want to enjoy. Smartliquidity Network Presents “CHAINGE FINANCE NAVIGATION GUIDE”
WHAT IS CHAINGE FINANCE?
Chainge is a Defi app that aims to empower people from all corners of the world to become their own digital bank. With Chainge’s automated financial services, users will have complete control over their wealth while enjoying 100% freedom & security. Chainge will unfold a fully decentralized universe and will bring true financial power back into the hands of the people. With no middlemen. No hassle. No limits. Powered by Fusion DCRM technology, Chainge will provide cross chain interoperability in stealth mode, no matter the chain they have their assets on, the app will run all necessary processes in the background so that the end users benefit from a flawless experience and speedy transactions.
TECHNOLOGY BEHIND CHAINGE FINANCE
- DCRM (Distributed Control Rights Management)—DCRM is a patent pending cryptographic technology that enables various digital assets to be mapped on and off the FUSION blockchain seamlessly and securely.
- TL (Time Locking)
- QS (Quantum Swap)
- USAN (Universal Short Account Number Universal Wallet and Global Short Account Number)
- SCT (Smart Contract Template) to allow users and companies to easily create financial derivatives or develop suitable products based on market needs and target demographics.
What exactly is the difference between Chainge Finance and other projects? We will discuss this one by one on this page. Chainge Finance is a type of application which provides an opportunity to its users to have extra or passive income.
HOW IT WORKS?
Chainge Finance offers interest for a very wide variety of cryptocurrencies & stable coins and $CHNG token rewards where applicable. You can start earning through “TIME FRAMING”. Using the ‘Time frame’ function, any value, can be ‘split’ into defined periods. The possibilities TF opens up are endless. Earn while you have full control of your asset
The video below will make you fully understand how to earn with Chainge Finance through TIME FRAMING your assets and you can start earning.
WHAT WILL HAPPEN WHEN YOU TIME FRAME YOUR ASSET?
💢 The front portion of your asset will go to the smart contract and you will instantaneously receive your TF asset reward according to the APY together with CHNG reward.
💢 The back portion of your asset will fulfil all the functionalities of a regular asset, meaning you can exchange it in the Future DEX, send it to someone else or use it for any other operation as per usual.
💢 For the Time-Framed asset reward you get, it’s just the same.
💢 You can either wait for it to reach maturity and become a full asset, or you can liquidate it according to the existing trading pair exchange rate within the Future DEX, send it to someone else or even use it to write options.
💢 The date at which your TF asset will mature is predetermined and applies to all users regardless of when or what sum they Time-Frame.
Chainge Time-Framing Compares To Other Types Of APY Service
- When you time-frame, you are sending the usage rights also known as the front portion of an asset to the smart contract.
- The back portion of your asset will remain in your wallet, under your control, to use as you please.
- With other types of APY services, like regular deposits, your funds are locked in.
- Chainge enables you to taste the sweet of your endeavor and gives you a financial freedom
THE FOLLOWING CURRENCY ARE SUPPORTED BY CHAINGE TIME TO EARN
- Binance Coin
- Huobi Token
- Enjin Coin
- Alpha Finance Lab
- The Graph
- Basic Attention Token
- Curve DAO Token
- Curve DAO Token
- Balancer, Swipe
- Badger DAO
The Time-Frame feature which is integrated in FRC758 protocol is a revolutionary, unique FUSION innovation unparalleled in traditional or digital finance that will definitely serve as a foundational component of cryptofinance. Chainge will be using this new technology to express value more accurately and allow you to better control your financial future & exploit the value of your wealth in time.
The Chainge Finance app allows retailers to gradually explore the world of crypto and finance in general. Starting with earning their very first tokens and creating their first Chainge or Fusion wallet. These operations are now easier than ever with our Easy Onboarding method.
HOW TO GET STARTED WITH CHAINGE WALLET?
- First heads up to Google Play Store for Android users and APP Store for iOS users to download the application.
- After downloading the application you can start creating your account in a very simple way
— allow Chainge Finance to manage your phone calls.
— start with Phone Number.
— allow Chainge Finance to access device’s location while usimg the app
— select your region or country.
— solve the identity verification or captcha.
— the number code will be send to your mobile phone number that you have provided.
— after receiving the SMS Code and once your code was verified you can using the Chainge Finance Application.
- When you got verified you can start Time Framing your asset and wait for your rewards.
This vide will give you an idea on how to start your profile on Chainge Finance Application
This next video will gonna show you how to use the application and how to navigate your dashboard, showing your assets, and orders
The Chainge Finance allows users to add their contact using C-Link function inside the app. This video will guide you on how to add your contact within the application.
This are the unique features of Chainge Finance Application that other project and services don’t have.
We are done introducing the Chainge Wallet and will now we will tackle about other functions that the system have. We go deeper in research and we found out that Chainge has unique infrastructure that everyone will love to connect.
CHAINGE DEX TRILOGY AND THEIR FUNCTIONS
💥 Spot DEX—this is a peer-to-peer (P2P) marketplace that connects cryptocurrency buyers and sellers. Chainge decentralized platform is non-custodial, meaning the user always remains in control of their assets and private keys when transacting.
💥 Futures DEX—this is a decentralized exchange that allows you to exchange from TF assets to Spot assets and vice-versa so you can maximize your wealth’s potential.
💥 Options DEX—this is a binding contract that allows you (as the buyer) to buy an underlying asset at a predetermined price within a set time frame, while a put option is a binding contract that allows you to sell an underlying asset at a predetermined price within a set time frame. With options, in order to get the right to buy or sell a particular asset at a predetermined price, you have to pay the option seller a price, which is called the option premium.
GAS IN CHAINGE FINANCE
A positive Fusion (FSN) balance is required in order to perform operations and transfers within the app. One of the unique aspects of the financial services that Chainge provides is the speed of the Fusion blockchain – about 13 seconds per 1 block of transactions, as well as a very low commission – 0.1%.
HOW TO SEND ASSET TO CONTACTS USING CHAINGE FINANCE APP?
- On your main wealth screen, click on Payments.
- Then, tap on “Send Assets” & you will be sent to the input amount screen
- On this screen, your time-framed balance as well as your spot balance will be displayed so you can choose between the two.
- If you want to search for a certain currency, click on the asset box, open the asset selection box, click on the search icon, see the results, click on your desired asset and then return to the input amount page.
- On the input amount page, fill in the sum you want to send and the Send button will become active. (if you want to send your whole available balance just click the “Max” button).
- Click the “Send” button, choose the “to a contact” option and select your contact from your contact list.
- You’ll be sent to the confirmation screen and you will click on Pay Now button, which will take you to your Order confirmation screen.
- You can click on the View Orders button to see the details of your order If you want to request a payment from a contact, it doesn’t get easier than this. With Chainge in your pocket, you’ll always be just a couple of taps away from your assets.
For more guidelines watch this full video tutorial to further understand how this function works.
When it comes to security, Chainge Finance always on the right track to make their users and investors becomes safe while usimg their product that’s why they formed a partnership with Certik.io for a smart contract audit.
- DELIVERY DATE: May 07, 2021
- AUDIT METHODOLOGY: Manual Review, Static Analysis
The audit result shows that there was no vunerability issues found in Chainge Finance Smart Contract and it is safe to use. For full information about the Chainge audit by Certik, this link is your way to further understand how the audit goes and how it was done.
REASONS WHY YOU SHOULD USE CHAINGE FINANCE
✅ Cross-chain roaming —transferring assets from one chain to another is now easier than ever. The main benefit of this feature is you’ll get to save time and money when it comes to transferring your assets from one chain to the other.
✅ Decentralized non-custodial Earn feature — world’s safest way to earn, the coins always remaining on the users‘ own address — scam exit-proof, and resistant to flash loan hacks. The main benefits of this feature include: 100% security, flexibility, instant gain and great APYs.
✅ Decentralized exchange — Chainge DEX’s Spot, Futures and Options, supporting both spot asset exchange and financial derivatives such as futures and options. The benefits here are endless ranging from 100% safety to flexibility, user experience and countless opportunities to increase your income.
✅ Allowing users to write options— This is another unique feature we provide simply because we want to bring financial power back in the hands of the people. Anyone has the power to easily operate a DEX that includes derivatives and increase their wealth.
✅ Providing the most convenient and secure way to manage key phrases—there is no danger of anyone else being able to decrypt your key phrase and you’ve got fast and easy access to it at all times.
✅ Users who transfer BTC, ETH, or other ERC20 tokens with high gas fees can choose to transfer tokens using Chainge (when the user and recipient are connected as friends in Chainge C-Link). The operation then only requires FSN as gas (around 0.0002USD per transaction), which is working like a layer 2 network. Benefits: Fast and very low cost.
The Chainge token (CHNG) is issued on the Fusion blockchain — the only standard and the world’s first implementation of real Time Frame technology, FRC-758. Each $CHNG token was generated by people who signed up and became active users on the chainge.finance website.
TOTAL TOKEN SUPPLY: 814,670,050 $CHNG
All companies will not be successful when it does not have smart people supporting it. These are the people who work harder to further improve Chainge Finance.
👨🏻🏫 Dejun Qian — Founder of Chainge Finance ( co-founder of Anyswap, founder of Fusion, co-founder of Vechain, co-founder of QTUM, and CEO of Bitse)
👨🏻🏫 Sarah Shao — Chainge Finance CMO
👨🏻🏫 Vlad T. — CPO, Partner at Chainge Finance
👨🏻🏫 Oana Batran – Chief Brand Officer
👨🏻🏫 Hunter Ling — Chief Technology Officer
Therefore, Chainge Finance is a venerable application that brings passive income to its users. It has a good infrastructure, extensive ecosystem and user-friendly app. With Chainge Finance, you’ll have the full access for your assets. A secured platform that allows users to earn through deposit and earn feature, TIME FRAMING and others. A must used application for all DeFi users.
“We deliver the news article base on our own thorough research. We want to preserved some important information regarding with the project that are presented in our column. We value our reader’s opinion and we thank you for your valued respect to us. We also don’t advice our readers to invest. As we always say ” Invest at your own risk and only invest what you can afford to lose “.