Provision of access to financial Defi users financial freedom
INTRODUCTION
This platform has a great uniqueness with characteristics which make it so unique. It will reduce the risks associated with using the Defi system and prevent all forms of attack as loans and other features are provided. It will provide users with the flash loans and improve the Defi space with effective and upgraded security.
MERLIN'S UPGRADED SECURITY SYSTEM
This platform has the intention of protecting the entire community using the upgraded security strategy that it creates to eliminate the risks of loans for users to be able to take flash loans and be secured as they do so. This provision will bring some set of changes to the system, one of the changes is the price, it will provide fair asset price and provide a safe market for flash loans without any form of manipulations as the users set their operations in motion.
The platform will achieve a fair LP token price through the combination of the fair asset price feature and the fair asset reserve, making it difficult to manipulate the price of assets. It will also prevent attack on users when they take loans and from all other forms of attack that can affect the users. Smart contracts will help users of Merlin to interact well as they seek loans. The interaction is very important for the perfect execution of the operations.
SOME FEATURES OF MERLIN
No external smart contracts will be used and flash loans and that will reduce attacks on users because smart contracts will add to the security and more tools will be implemented on the platform through the Merlin contracts.
So with this platform all the risks associated with Defi will be handled and security will grow without no risk of getting users back to the way they used to be. This protocol is very effective and will make the team sit tight to provide more measures that would be very useful without affecting the new protocol.
This platform has prepared an insurance policy to help users get over smart contracts failure, this will cover for all what they lost during that period even though that will rarely happen. It is a way to safeguard the users and prevent them from being exploited. All users of this platform will be assured 100% that they can never get anything less than perfect.
There is an association between this platform and Certik and Haechi Labs will improve the security of this platform, making them updated and for users to get easy reviews especially after auditing take place. Security now becomes top priority with this platform and yet the team keep on developing the network to have it checked by routine to ensure the security standard is sustained in the platform.
CONCLUSION
The perfect auto-compounding yield will be achieved in this platform and enough of the Defi products will be enjoyed with values created and the main vision of the platform sustained in the security guarded ecosystem where users will have all their demands satisfied. This is the big difference between the existing Financial platforms and this one that takes users to another level with security.
USEFUL LINKS
Website: https://www.merlinlab.com/cmerlin
Telegram: https://t.me/merlinlab
Twitter: https://twitter.com/MerlinLab_
Medium: https://merlinlab.medium.com/
Github: https://github.com/merlin-the-best/merlin-contract
Writer
Roddper