I welcome everyone!
In this article, I would like to touch on a new DeFi project like Birb. But first, I would like to digress and learn about “What is DeFi?”
DeFi is decentralized services or traditional financial instruments. This segment has become quite serious lately and is developing almost day after day.
A large number of DeFi platforms are in the form of decentralized applications (dApps for short).
dApps — use a smart contract system to simplify, speed up and simplify the automation of financial transactions. In addition, dApps are driven by system code that is neutral and strict, so there is no question of bias.
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I think this is where we can finish with the beginning and proceed to the essence of the project — Birb.
Basic information
First, let’s take a look at what the Birb coin is.
Birb is a hyper-deflationary coin and works for decentralization.
The purpose of the coin is to become user-friendly, and most importantly, multifunctional in use with cryptocurrency, as well as aimed at rewarding holders (cryptocurrency holders).
Birb is a cryptocurrency on the logo of which a friendly bird is drawn, from this we can understand that the motives of the cryptocurrency are friendly, and Birb also wants to become fast and possible for development. All these advantages make Birb a promising and major player in the cryptocurrency world.
The BIRB token is the native coin of the Birb ecosystem. You can use this token in various areas of this system, namely to receive rewards for holding a coin (HOLD), staking, farming.
The purpose of the coin, as I noted earlier, is to make it easier for the community to work with the DeFi industry and attract more and more users, since many people find it difficult and not interesting, but in fact everything is extremely simple and understandable, and together with Birb this process becomes interesting and fun.
Features of the project
Now it will be a little in a complex language, but I will try to explain everything in an extremely simple language :)
Birb will be the first multi-token exchange platform to have a built-in privacy feature called the Flock Protocol. All these functions provide us with anonymity when conducting transactions.
BirbSwap is a decentralized exchange that is reasonably well secured. This exchange allows you to make purchases, sales of various tokens, while additionally protecting your identity.
Birb also has a voting platform where everyone can contribute to the development of the project by voting for upcoming events. Everyone will be able to express their opinion and vote.
The NFT Marketplace will be relevant and interesting, allowing you to exhibit your own art on the market. Anyone can take part in the auction and purchase NFT.
There will be no problems with exhibiting your own art, since it will not be difficult to open your personal market, since the Birb network is simple and does not require additional knowledge.
Let’s summarize the results of the Birb project
From this article, you may have learned about a new decentralized project like Birb. In my opinion, this project should deserve more attention among other users, as it has everything that is needed, namely simplicity, anonymity, convenience.
If it is interesting, then at the end of the article I will leave useful links where you can independently familiarize yourself with the project and find out in more detail.
Useful links:
Twitter: https://twitter.com/BirbDefi
Telegram: https://t.me/birbdefi
Medium: https://medium.com/birb
Instagram: https://www.instagram.com/birbdefi/
Youtube: https://www.youtube.com/channel/UCofh6d6QSBGdKX9KPZh75SA
Github: https://github.com/birbdev
