Sikkim Journal

DeFi’s cryptocurrency is among the top gainers. Up to now, the total size of locked assets has reached 183.44 billion USD, showing an overall upward trend. Open DeFi can provide easy-to-use financial services to anyone who has an encrypted wallet, and it is entirely possible to cover those people around the world who cannot use financial services. In view of its constantly improving financial methods, DeFi will remain profitable for a long time to come.

The initial DeFi has weaknesses in scalability, security and liquidity. However, a brand-new DeFi2.0 use case Loof is changing this situation. It adopts DAO governance and decentralized financial ecology to provide the public with a lightweight and flexible comprehensive trading market, allowing users to conduct behaviors including: stabilizing assets, liquidity agreements, lending, derivatives, wealth management, payment, etc. in one platform. Complete investment products and freely selected investment portfolios will bring to the public.

Former NBA star McGrady has repeatedly released: “My investment interest in Loof has reached its peak!” 

The good return on investment has made the Loof platform earn enough attention in the market. Recently, it has attracted the strong participation of Tracy McGrady, a famous former NBA star. He frequently likes and retweets on several social platforms: “I like Loof!” “It makes my investment interest in cryptocurrency peak!”

In his 16-year professional basketball career, McGrady played for eight famous teams, including Houston Rockets, Detroit Pistons and new york Knicks, and won two NBA scoring titles and seven NBA All-Star lineups. He is well-known in the industry and has countless supporters all over the world. McGrady is deeply optimistic about the potential of the Loof project, and says that he will introduce Loof to his friends around him. Soon, he will consider issuing a series of theme NFT airdrops for the project to actually support the value of Loof tokens.

McGrady’s public voice will have a linkage economic effect on the Loof project, and a huge investment in DeFi will hit Loof and promote the innovation of DeFi+DAO.

The latest development of Loof

According to market news, Loof will plan to launch the first round of ICO, and may be listed on Coinbase and FTX exchanges. At present, it is already communicating with the above-mentioned platforms about the specific details of the payment, which will expand Loof’s share in the global encryption market and allow more friends interested in Loof to buy, trade and invest.

Loof’s vision is to become the first platform for practicing the financial innovation concept of DaoFi in DeFi2.0 application ecology. It combines the technical framework of link layer, function layer and external system with DeFi, Dao and financial products, focusing on seeking the best way for users to invest in DeFi, significantly reducing the risks and complications when using DeFi to promote the formation of a friendly encrypted transaction experience.

Loof is more powerful in its cooperation with McGrady. Loof is fully capable of becoming the leader of DaoFi project and leading the development of cryptocurrency.

About Loof

Loof is committed to building a distributed, decentralized, autonomous, organized DeFi 2.0 DAO community platform based on smart contracts and tokens. As a decentralized autonomous organization finance, DAOfi platform can also be regarded as an extensible value token transfer protocol (VTTP) managed by DAO (decentralized autonomous organization) for decentralized finance. The most prominent user scenario is the DAO community. The goal of DAOfi is to build a healthy ecosystem of DAO community. To build a lightweight and adaptable DeFi complete protocol platform.

Media Contact
Company Name: Dominic
Email: Send Email
Country: United States
Website: www.loofdao.com