What is DEFI ?

MothBless
5 min readJul 1, 2023

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DeFi stands for Decentralized Finance, which is also known as Distributed Finance or Open Finance and is predicted to be the next disruptor in the financial industry. DeFi refers to alternative financial infrastructure built on Blockchain and Ethereum

Introducing PEAKDEFI wallet application

PEAKDEFI Ethereum wallet is a decentralized, non-custodial Ethereum blockchain wallet that helps you manage your decentralized finances to grow your wealth. It is your one-in-all solution for DEFI, available for iOS and Android phones and tablets.

PEAKDEFI (PEAK) Token swap

MarketPeak has decided to rebrand the token name and exchange the MarketPeak (PEAK) token to a PEAKDEFI (PEAK) token.

It will be a 1:1 swap and it starts on October 15th

Swap MarketPeak platform and crypto exchanges

1. Probit with USDT/PEAK
2.
Bibox with USDT/PEAK
3.
Coinsbit with USDT/PEAK
4.
p2pb2b with USDT/PEAK

Benefits of PEAKDEFI

One of the most significant benefits is that it eliminates the need for intermediaries. This means transactions can be carried out faster, more efficiently, and at a lower cost. DeFi also gives its users greater control over their finances.

PEAKDEFI Yield Fund

With its unique strategy in 7 different market environments you can earn a consistent return no matter what the markets are doing. This fund targets a 15–40% return annually with a 5% or less drawdown. The PEAKDEFI research team determines which system to deploy in each environment.

PEAKDEFI Launchpad

A self-funded project that provides DeFi for the community.

We are a multichain platform to connect brand-new fundraising projects and investors looking for high quality startups and projects with outstanding ROI potential, which strives for:

  • Highest quality standards: Our projects go through a 5-stage due diligence before they get listed to ensure just the best projects on the market get launched on our platform.
  • Fairness: We provide guaranteed transparent allocation tiers for all potential investors to ensure every participating investor has an allocation spot.

PEAKDEFI Lottery

WINNING CRITERIA

The digits on your ticket must match the right order to win

Here’s an example lottery draw, with two tickets, A and B

  • Ticket A: The first 3 digits and the last 2 digits match, but the 4th digit is wrong, so this ticket only wins a “Match first 3” prize.
  • Ticket B: Even though the last 5 digits match, the first digit is wrong, so this ticket doesn’t win a prize.

Prize brackets don’t ‘stack’: if you match the first 3 digits in order, you’ll only win prizes from the ‘Match 3’ bracket, and not from ‘Match 1’ and ‘Match 2’.

PEAKDEFI WALLET APP

Your one-stop solution for taking control of your decentralized finances

1. Send, receive & track your tokens.

Monitor your tokens, your transactions and your DeFi Positions. Check your portfolio value in ETH & USD. Also the PEAKDEFI app is available in multiple different languages.

2. Implemented DEX, Decentralized Exchange

Swap your Tokens instantly at best prices through integrated DEX (Decentralized Exchange) Exchange your assets at best prices that access different pools like Uniswap, Balancer, Curve and many more!

3. Security is our highest priority — create & import your Wallet

You can create & import securely your Ethereum Wallet in a decentralized way. Only you can access your assets. Not us. Not anyone else.

4. Access to hundreds of tokens

You have instant access to more than hundreds of Tokens on the Ethereum blockchain. The app has an intuitive design & a user-friendly interface, which makes it fast and extremely easy-to-use.

Burning PEAKDEFI TOKEN

PEAK token in circulation and increases the PEAK token price as a result, a burning mechanism automatically burns 5% of every weekly prize pool collected in the PEAKDEFI Lottery.

Moreover, 10% of the PEAK token which were used to buy a Education Package on marketpeak.com are burned as well with every package purchase.

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MothBless
MothBless

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