Platform Overview

Ncog DeFi (NCOG) is set to change the status quo of the DeFi industry by manifesting the DeFi vision of mass adoption and feasibility as well as operating as a one-stop-shop for core DeFi use cases like lending, borrowing, staking, yielding, NFT, and farming services via a community-led decentralized platform.

With Ncog DeFi, anyone and everyone who has an internet connection and a smart device will be able to avail the hyped-about DeFi services and make seamless transactions across the world, with users being the primary drivers of the success of the project. Quality and the latest innovation are guaranteed in all services rendered by Ncog DeFi, along with the highest forms of security, transparency, and user-friendliness. Regardless of the service users opt for, their funds will be in safe custody supported by objective Smart Contracts and an inclusive reward system.

NCOG will be a trustless platform that will add new meaning to the DeFi ecosystem by showcasing how communities come together with a common purpose for the welfare of all that are involved. NCOG will facilitate transactions using blockchain-based smart contracts that are integrated into the protocol. Rather than relying on banks, online payment gateways, stockbrokers, and government institutions and paying them a sizable commission for the secure transfer of your assets, the NCOG decentralized ledger will facilitate the transactions quite instantaneously.

Ncog DeFi will also reduce the risk of theft, hacking of assets and data considerably through an innovative approach. On NCOG, users need not transfer their assets to the exchange, but they keep the assets themselves until the transaction is confirmed and the payment is underway. Since smart contracts are self-complying, there is no room for price manipulation or faked trading volume through wash trading. Another factor that will add one more layer of confidentiality to your transactions is the complete anonymity we promise. Unlike traditional payment exchanges, Ncog DeFi will not ask for user’s personal information or demand KYC (Know Your Customer) registration. To counter the lack of market liquidity and low trading volumes, usually found in decentralized exchanges and cited as a shortcoming of DeFi applications generally, Ncog DeFi will introduce interchangeable liquidity pools to the protocol.