Decentralized Finance (DeFi) represents the blockchain-based financial world of tomorrow. Future generations will leave the traditional financial system behind and use dApps, tokens and other digital innovations for economic purposes.
However, DeFi is still in its infancy, leaving room for fraud, money laundering and other criminal activity. Without secure solutions and educational services, DeFi may become more of a risky venture than an opportunity for individuals and businesses to enrich themselves.
This is where STACKD Finance comes in to help turn DeFi into a safer, more transparent and sustainable economic environment. Read on to learn more about its vision, utilities and services.
What is STACKD Finance.
STACKD Finance is a project looking to take the DeFi industry to the next level. Its cryptocurrency ecosystem aims to provide the highest standard of trust and security by offering various services to tokens and individuals and helping to connect fiat and DeFi. In this way, STACKD can make DeFi more secure for individuals and projects that are new to cryptocurrency, DeFi and the blockchain-based economy.
The STACKD organization consists of high-level executives, team members, and business consultants who are docked and have passed KYC at InterFi STACKD is built on a four-part philosophy using honesty, integrity, community and collaboration to transform DeFi into a safer, more sustainable and productive environment.
The project provides educational opportunities, advanced utilities and tools to support users in developing generational wealth through cryptocurrency and decentralized finance. STACKD Finance also provides services to help tokens and individuals navigate the DeFi space in a more secure way than was previously possible.
STACKD Finance will use a proprietary deflationary token to ensure the security and longevity of the project. The purchase and sale of tokens will include a 20% tax, 15% of which will be redistributed as a BUSD reward for token holders. This means that 75% of the total tax will go back to the STACKD community. The rest of the tax will go to marketing, bid rewards, redemption + burns, team tokens and liquidity.
STACKD will not limit wallet ownership or purchase limits. There will also be no transfer tax.
However, they will protect smaller holders by setting the maximum sale at 0.2% per transaction.
STACKD Finance has an extensive roadmap that includes ambitious goals for the next two years and beyond. For example, the project intends to launch its token, place it on crypto exchanges and develop various utilities as part of its DeFi ecosystem.
In addition, STACKED intends to expand its team, create a charitable foundation and join Metaverse by the second quarter of 2023.
STACKD’s financial services
Setting a new example of excellence in DeFi is impossible without innovative tools and utilities. Here are some STACKD Finance services to help achieve that goal.
STACKD AVS – Advanced Verification Services
‘KYC’ stands for ‘Know Your Customer’ and is the level of verification appropriate for business customers. The STACKD Finance team believes that the current KYC processes used at DeFi are inadequate to verify the identity of people who head cryptocurrency tokens and potentially multi-million dollar projects, and who have control over their investors’ finances.
The AVS seeks to establish a new standard of cryptocurrency identity verification for individuals and projects. STACKD AVS will verify an individual’s identity to a much higher standard than the normal KYC process, and the enhanced STACKD AVS Gold will not only verify an individual’s identity, but also conduct additional checks to ensure that they are the right and proper person to manage the crypto project.
STACKD AVS Platinum is designed for cryptocurrency tokens and projects and verifies the identity and suitability of team leaders and conducts an independent evaluation of the project as a whole, providing potential investors with confidence that the project has been verified by a trusted third party.
In the event that an individual/project has received AVS certification and then has been involved in “tampering” or “fraud”, STACKD Finance will actively provide the individual’s data to the authorities in the appropriate location and will fully cooperate with any criminal prosecution brought against the individual/project in question.
STACKD Legal & Compliance
This service helps other token-based projects grow their businesses using STACKD’s vision and philosophy and striving to make DeFi safer for everyone. STACKD’s Chief Legal Officer, Reich, will lead the Legal & Compliance Department and will offer services to tokens at all stages of their development.
This division will work hand-in-hand with the AVS division to provide clients with a full range of services and help their projects grow safely. For example, projects can apply for:
- Consultation on legal requirements in a jurisdiction
- Project management for the creation and registration of cryptocurrencies
- Token launch consulting
- Help with privacy and investor data retention laws
- Writing website terms and conditions and privacy policies
- Risk mitigation counseling
- Drafting and advising on contracts and agreements (including partnership agreements and other agreements)
The STACKD team is currently developing various compliance utilities and additional compliance services as they see fit.
STACKD Finance will make its legal & Compliance services available to all coins and tokens. This way, they will be ready for the impending regulation of the cryptocurrency space.
STACKD Finance is one of the latest projects to emerge from DeFi with a uniquely positive approach to this environment. Its transparent philosophy and hands-on services will help and inspire other projects to create a safer financial ecosystem for everyone at DeFi. Although the project is still in its development phase, it is only 1 week away from launch and has already announced several partnerships and its AVS and Legal &Compliance Services.
STACKD has created a huge organic community that loves to receive the information that STACKD continually posts about its services, tools, partnerships and utilities. We’ll keep a close eye on its development and see how quickly STACKD achieves the many goals outlined in its extensive roadmap.
In the meantime, for more information about STACKD Finance, please follow the links below:
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