Narfex’s mission is to create a user-friendly DeFi platform

One of the main benefits of DEXs is the high degree of determinism achieved by using blockchain technology and immutable smart contracts. Whereas in centralized exchanges (CEXs), such as Coinbase or Binance, the platform facilitates trading using the internal matching engine of the exchange, DEXs execute trades through smart contracts and on-chain transactions.

DEXs allow users to maintain full custody of their funds via their self-hosted wallets during trading. DEX users are typically required to pay two types of fees — network fees and trading fees. Network fees refer to the gas cost of the on-chain transaction while trading fees are collected by the underlying protocol, its liquidity providers, token holders, or a combination of these entities as specified by the design of the protocol.

ABOUT the NARFEX

The Narfex platform is a decentralized exchange (DEX) that is designed specifically for meme tokens. The platform allows users to trade and stake their meme tokens, including $NRFX. Narfex is the easiest way to buy, earn and store cryptocurrencies on a decentralized platform, The platform operates on blockchain, providing users with easy and secure access to cryptocurrency transactions.

Narfex’s mission is to create a user-friendly DeFi platform combining traditional financial market and DeFi The platform also offers a meme token farm, where users can earn rewards by staking their tokens. The Narfex platform is user-friendly and easy to navigate, making it accessible to both experienced and The interest in decentralized services among progressive people has peaked in recent year and developers of blockchain projects.

DeFi startups attract both individuals and major international companies, helping to popularize new platforms around the worlds. the capitalization of decentralized projects is close to $300 billion but according to analysts, this is just the beginning of the DeFi boom, and the Narfex platform is among the leading innovative services in this area.

Narfex Functions and Features

• HIGH burn mechanism — 1% of tokens are burned from each transaction. 50% of max supply will be burned.
• Auto-Staking — 1% of tokens from each transaction are distributed to holders. The number of your tokens is constantly increasing directly on the wallet.
• -Providing incentives for the protocol’s validators that ensure the fiat transactions.
• -Reduction of commissions on the Narfex Protocol for users.
  -NRFX buyback with the revenue generated from the protocol’s commission.
• -DAO token. Narfex is community driven platform and NRFX holders will have the opportunity to vote for changes on it.
• -Yield farming token. Receive NRFX for free for providing liquidity. Read more on the Narfex Farming section.
• -Easy to buy with fiat. Buying NRFX is easy with Narfex Exchanger, also we’ve created tutorials to show you how to buy NRFX from start to finish. You can buy Narfex Token on both Narfex and other DEXes.

NARFEX ecosystem now has:

Let’s find out what is part of the Narfex ecosystem and what does it have to offer to investors, traders and people who want to profit from their digital assets.

Dex exchange

A maximum user-friendly and reliable exchanger, where everyone can exchange fiat to crypto. Its functionality is constantly expanding but even now here you can safely buy and sell BNB, USDT, Narfex token and other digital assets.

To exchange currency, you need to connect a wallet or create one directly on the platform. The vault is topped up with the amount you want to exchange, and then you only remains to select the asset and make the transaction. The exchange is made between the network users, which means no intermediaries and minimum commission. In turn, this allows to exchange assets at a favorable rate. For investors, traders and holders of crypto, this point is crucial.

Non-Custodial wallet

Users can create a non-custodial crypto wallet directly on the platform. Unlike centralized exchanges, only owners have access to the vault (), which significantly reduces the likelihood of hacking and theft of funds.

You can create it in a few minutes, with no verification required. Users can make transactions at any time, maintaining the highest level of privacy.

Community

Narfex project has a developing community with its own official Telegram channel where users communicate with each other, share investment strategies and tips on making profit from NRFX tokens and other crypto assets. The channel regularly hosts contests with prizes in the form of internal platform coins.

DEX exchange

Narfex DEX is a non-custodial exchange — it means that the platform does not need to own users’ assets for trading them. It is done within a peer-to-peer network, with liquidity provided by other users.

The project plans to digitize securities, which will allow traders to create pairs with known tools and profit from trading. Tokenization of the stock market (stocks and bonds) and its transfer to blockchain is an opportunity for each user to quickly, reliably and profitably buy and exchange valuable assets.

mobile application

Mobile app is still under development and testing but soon will become an integral part of the ecosystem. Up-to-date and fast software will provide the system participants with 24/7 access to the platform’s products and opportunities from anywhere in the world.

NRFX TOKEN

The tokens are issued on the Binance Smart Chain blockchain (BEP20) in the amount of 20 million NRFX. The algorithm eliminates the possibility of an emission increase. Apart from Narfex, the coin is already being traded on other decentralized platforms and shows a stable growth trend.. The token operates on the Binance Smart Chain (BSC) network and has a maximum supply of 1 billion tokens.

In addition to holding, digi-currency owners have several other opportunities to make money- they can give their funds to the liquidity pool, thereby providing transactions in the exchanger and on the exchange, and get a reward for it. Beyond that, token owners automatically become DAO members, which gives them a voice in the matters of the platform development.

The deflationary emission model stimulates a continious growth of the token value: half of the fee income from each transaction is burned, which reduces the number of tokens in circulation and helps stabilize the exchange rate.

The NRFX token acts as the core with the ecosystem built around it. With its own crypto asset, the platform gets additional development opportunities, and the token owners have excellent chances to improve their financial well-being.

NRFX, The First Meme Token With 2% Reward

Narfex Token (NRFX) is one such token that has gained a lot of attention in the cryptocurrency world. In this article, we will discuss why NRFX is the first meme token that offers a 2% reward and is also the first meme token aggregator. We will also explore the benefits of investing in NRFX and how it works, This is a significant feature as it provides an incentive for holders to hold on to their tokens

Allocation

10% Initial liquidity
10% Team rewards
5% Private Sale
5% Public Sale
65% Ecosystem growth (Marketing + Farming)
5% Community incentives (DAO)

NRFX SMART CONTRACT ADDRESS:
0x01b443495834D667b42f54d2b77eEd6951eD94a4

Benefits OF INVESTING IN NRFX

Investing in $NRFX offers several benefits, high rewards

High Rewards the 2% reward system, investors can earn significant returns on their investment.

Diversification: $NRFX is the first meme token aggregator, allowing investors to earn rewards in multiple meme tokens and diversify their portfolio.

Potential for growth: $NRFX has a strong community of holders and supporters, and its unique features make it an attractive investment opportunity.

Low barrier to entry: The price of $NRFX is relatively low compared to other cryptocurrencies, making it accessible to investors with a limited budget.

ROADMAP

CONCLUSION

The decentralized platform with high level of security and modern technical architecture provides ample opportunities for making money on crypto assets to everyone. NRFX token is successfully traded on exchanges, shows steady growth and is a profitable investment tool available for exchange into fiat and other cryptocurrencies at any time.

Useful link:
Narfex website: narfex.com
Narfex Token: narfex.com/token
Telegram: Narfex_EN
Instagram: instagram.com/narfex.global
Discord: discord.gg/cKA5JPe2
Twitter: twitter.com/narfexglobal

Author

Bitcointalk Username: runyaari

https://bitcointalk.org/index.php?action=profile;u=2573412

0xE5f94E5C6F0a2f1c77669513Fd127CdD488b6415