Decentralized finance (DeFi) represents the financial world of tomorrow based on the blockchain. Future generations will leave behind the traditional financial system and use dApps, tokens and other digital innovations for economic gain.
However, DeFi is still in its infancy, giving way to scams, money laundering, and other criminal activities. Without secure solutions and educational services, DeFi could become more of a risky business than a rewarding opportunity for individuals and businesses.
This is where STACKD Finance comes in to help develop DeFi in a safer, more transparent and sustainable economic environment. Read on to discover its vision, its uses and its services!
What is STACKD Finance?
STACKD Finance is a project to take the DeFi industry to a new level. Its cryptocurrency ecosystem aims to provide an ultimate standard of trust and security by offering various services to tokens and individuals and helping to bridge fiat and DeFi. In this way, STACKD can make DeFi safer for individuals and projects new to cryptocurrency, DeFi, and the blockchain-based economy.
The STACKD organization consists of high-level executives, team members, and business advisors who are doxxed and successful KYC with InterFi. STACKD is built on a four-pillar philosophy, using honesty, integrity, community, and collaboration to transform DeFi into a safer, more sustainable, and productive environment.
The project offers educational opportunities, advanced utilities, and tools to help users build generational wealth through cryptocurrency and decentralized finance. STACKD Finance also provides services to help tokens and individuals navigate the DeFi space more securely than before.
STACKD Finance will feature a proprietary deflationary token to ensure the safety and longevity of the project. Buying and selling tokens will include a 20% tax, of which 15% will be redistributed as BUSD rewards for token holders. This means that 75% of the total tax will go to the STACKD community. The rest of the tax will go towards marketing, staking rewards, buyback + burns, team tokens, and liquidity.
STACKD will not limit wallet holdings or purchase limits. They will also not charge transfer taxes.
However, they will protect small holders by setting a maximum sale of 0.2% per transaction.
STACKD Finance has a detailed roadmap including ambitious milestones for the next two years and beyond. For example, the project aims to launch its token, list it on crypto exchanges, and develop various utilities within its DeFi ecosystem.
Additionally, STACKED intends to expand its team, establish a philanthropic fund allocation, and join the Metaverse by the second quarter of 2023.
STACKD Financial Services
It is impossible to set a new example of excellence in DeFi without innovative tools and utilities. Here are some STACKD Finance services that will help them achieve this goal.
STACKD AVS – Advanced Verification Services
‘KYC’ stands for ‘Know your Customer’ and is a level of verification suitable for corporate customers. The STACKD Finance team believes that the current KYC processes used within DeFi are inadequate to verify the identities of people who run cryptocurrency tokens and potentially multimillion-dollar projects, and who control the finances of their investors.
AVS aims to set the new standard in cryptocurrency identity verification for individuals and projects. STACKD AVS will verify a person’s identity to a much higher standard than a typical KYC process, and the advanced STACKD AVS Gold will not only verify the person’s identity, but also perform additional checks to verify that they is fit and proper. person to run a crypto project.
STACKD AVS Platinum is for crypto tokens and projects, and will verify the identity and suitability of team leaders, as well as conducting an independent assessment of the project as a whole, providing potential investors with greater peace of mind. mind that a project has been verified by a trusted third party.
In the event that an individual/project receives AVS certification and then becomes involved in a “Rug Pull” or “Scam”, STACKD Finance will proactively provide the details of the individual to the authorities in the relevant location and will cooperate fully. with any criminal proceedings initiated against the person/project concerned.
STACKD Legal and Compliance
This service helps other token-based projects grow their businesses, using the STACKD vision and philosophy and aiming to make DeFi safer for everyone. STACKD’s Chief Legal Officer, Rach, will lead the legal and compliance division and provide services to tokens at all stages of their development.
This division will work hand-in-hand with the AVS division to ensure clients receive comprehensive utilities and help their projects grow safely. For example, projects may request:
- Advice on legislative requirements in a jurisdiction
- Project management of creation and registration of crypto companies
- Tips for starting 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 Tips
- 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. This way, they will be prepared for the impending regulations in the cryptocurrency space.
STACKD Finance is one of the latest projects to surface in DeFi with a particularly positive approach to this environment. Its transparent philosophy and practical services will help and inspire other projects to build a safer financial ecosystem for everyone within DeFi. While the project is still in the development phase, it is only 1 week away from the launch and has already announced several partnerships and its AVS and Legal & Compliance services.
STACKD has built a huge organic community that loves to receive the information STACKD posts regularly about its services, tools, partnerships, and utilities. We will closely follow its evolution and see how quickly STACKD will achieve the many goals of its extended roadmap.
In the meantime, for more information on STACKD Finance, please follow the links below:
This is a sponsored post. Find out how to reach our audience here. Read the disclaimer below.
Image credits: Shutterstock, Pixabay, Wiki Commons
Warning: This article is for informational purposes only. This is not a direct offer or the solicitation of an offer to buy or sell, or a recommendation or endorsement of any product, service or company. bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.