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What Is DePo (DEPO)?

By | January 25, 2022

DePo (DEPO) claims to be the world’s first decentralized multi-market aggregator platform that is suitable for both beginners and experienced users. It serves as a bridge between institutional-grade investment and widespread retail usage of blockchain and cryptocurrency technology.

DePo is trying to build a holistic ecosystem in which all aspects of crypto trading, storage, and management are available to a worldwide audience via a single platform. It provides a platform where users can have portfolios of digital assets across various blockchains, platforms, and marketplaces. Moreover, the platform also comprises centralized exchanges (CEX), decentralized exchanges (DEX), NFT markets, and DeFi farms and pools.

How Does DePo (DEPO) Work?

DEPO uses Smart Order Routing (SOR), which is an automated approach for managing orders that aim to take advantage of the greatest available opportunity across a variety of marketplaces. Users can obtain the best possible bargain from the global cryptocurrency market when trading assets on DePo. To do this, each trade order is dispersed across many centralized and decentralized exchange markets, resulting in the best prices on a constant basis.

Unique Features of DePo

Investment-Grade

DePo is a one-stop platform that provides users with the necessary trading tools and quick liquidity access required to manage digital assets on a professional or institutional level.

Decentralized

Users have complete control over their assets, avoiding the locks and constraints imposed by centralized financial institutions. DePo is non-custodial in the sense that your keys and coins are yours to own. The platform does not have any KYC requirements.

Consolidated Multi-Market Aggregator

DePo is a unified platform that brings together all major controlled and decentralized exchanges, NFT marketplaces, and decentralized apps (dApps). Therefore, users are not compelled to manage their digital assets across several platforms.

Ease of Use

DePo employs a user-friendly and easy-to-use interface that allows you to access assets in only three clicks.

The Best Price

DePo enables customers to harness the power of liquidity routing by utilizing SOR or smart order routing, which ensures that you always receive the best price available in the global cryptocurrency market.

All CEX’s and DEX’s

DEPO auto-syncs data from over 600 cryptocurrency exchanges and 6,000 assets securely, allowing you to trade your digital assets with ease.

It also provides quick and efficient trading on all accessible DEXs without the need for a middleman that may sacrifice performance and security. Consider a dashboard that allows you to trade, arbitrage, and manage your accounts on all DEXs in which you have liquidity – all in one spot: DePo is the name.

All NFT Marketplaces

DePo’s native marketplace allows you to generate, purchase, and sell NFTs. The data feeds inside DePo aggregates prices from Rarible, Mintable, and Opensea from around the NFT market.

DeFi Lending Protocol

DePo is compatible with all DeFi lending protocols and, via its smart contract, interfaces with various blockchain platforms, including Uniswap and Sushiswap. It will allow you to lend and borrow tokens using various DeFi apps all the time.

ERC20 Wallets

DePo is interoperable with all major ERC-20 wallets, enabling you to store, receive, transmit, and trade your tokens in a safe manner.

Staking

DePo allows you to keep ownership of your tokens while maximizing your holdings across all staking platforms. Staking allows investors to increase the value of their crypto assets by participating in staking or lending.

Aggregation of Liquid Assets

DePo allows you to view all of your trading activities and portfolio performance on a single, streamlined, and simple-to-use dashboard. Connecting to DePo basically means supercharging all of the platforms on which you presently store your cryptocurrency. The liquidity in each of your accounts becomes fairly flexible, is measured collectively, and is presented on the user dashboard. This effectively implies that whatever account you link to DePo, whether it is a CEX, DEX, wallet, or NFT marketplace, will be displayed in a single location. To top it all, the assets in the account will be instantaneously transferrable.

DePo (DEPO) Tokenomics

The total and maximum token supply of DEPO tokens is 1,000,000,000 and the current circulating supply is set at 280,000,000.00 DEPO.

DePo (DEPO) Price

DePo (DEPO) is now trading at around $0.2538 as of Jan. 14, 2021. Its 24-hour trading volume on exchanges is around $3,216,428.

Source: https://coinmarketcap.com/alexandria/article/what-is-the-depo-depo-features-tokenomics-and-price-predictionz

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