SaxumDAO: Building a More Decentralized and Equitable Financial Future.

Introduction

SaxumDAO is a decentralized finance (DeFi) platform that offers a range of products designed to revolutionize the world of finance. SaxumDAO is built on the Polygon network, which allows for fast and low-cost transactions, making it an ideal platform for DeFi applications.

In this article, we will take a closer look at SaxumDAO and its products and explain why it is the platform to watch in the world of DeFi.

What is SaxumDAO?

SaxumDAO is a decentralized autonomous organization (DAO) that is built on the Polygon network. It is a platform that allows users to access a range of DeFi products that are designed to provide financial services to people around the world. SaxumDAO is a fully decentralized platform, which means that it is not controlled by any single entity, making it transparent, secure, and resistant to censorship.

The SaxumDAO team is dedicated to creating a decentralized financial ecosystem that is accessible to everyone, regardless of their background or financial status. The platform is built on the principles of trust, transparency, and community and aims to empower people to take control of their financial future.

SaxumDAO Products

SaxumDAO is a decentralized finance (DeFi) platform that offers a range of services to users, including swapping, liquidity lock management, NFT collectibles, farming, and staking. With a focus on community-driven governance, SaxumDAO is an innovative platform that provides users with a safe and transparent way to engage in the DeFi ecosystem.

1. Saxum Token (SXM)

The Saxum token (SXM) is the native token of the SaxumDAO platform. It is an ERC-20 token that is used to power the platform and provides holders with various benefits, such as staking rewards, reduced fees, and access to exclusive features.

The total supply of SXM is 1 billion, and the token is designed to be deflationary, meaning that the supply will decrease over time as tokens are burned. The Saxum token is going to be listed on various CEX and decentralized exchanges (DEXs), making it easily accessible to investors.

saxumdao upate logo2. SaxumSwap

SaxumSwap is a decentralized exchange (DEX) built on the Polygon network that allows users to swap ERC-20 tokens in a peer-to-peer manner without intermediaries. SaxumSwap features a user-friendly interface and enables fast and secure transactions with low fees. The exchange is powered by automated market-making (AMM) algorithms, ensuring liquidity for all trading pairs.

Users can connect their wallets to SaxumSwap and trade tokens with ease. The exchange also features advanced trading functionalities such as limit orders and stop-loss orders, which allow traders to execute their trades automatically when certain price conditions are met. SaxumSwap also offers liquidity provider (LP) rewards, incentivizing users to provide liquidity to the platform. SaxumSwap is powered by the SaxumDAO native token, SAXUM, which can be used to provide liquidity to the platform and earn rewards.

3. Saxum Liquidity Lock Manager

SaxumDAO’s Automated Liquidity Lock Manager is a unique tool that helps ensure the safety of liquidity providers on the platform. By locking liquidity in a smart contract, the platform guarantees that the liquidity will remain accessible and cannot be removed or manipulated by anyone, including the SaxumDAO team. The automated process removes the need for manual intervention, reducing the risk of human error or malicious activity. This feature ensures that the community’s investment in the platform is protected and enhances overall platform security.

4. SaxumDAO’s NFT collectibles

In addition to the swapping and liquidity lock management services, SaxumDAO also offers NFT collectibles. These digital assets represent a unique piece of the SaxumDAO ecosystem and can be used for a variety of purposes, including as a means of exchange or as a store of value. With the growing popularity of NFTs in the cryptocurrency space, SaxumDAO’s NFT collectibles offer an exciting opportunity for users to engage with the platform in a new and innovative way.

5. Farming

SaxumDAO also offers farming opportunities, allowing users to earn rewards for providing liquidity to the platform. By staking their LP tokens, users can earn additional SAXUM tokens, providing an additional source of passive income. The platform’s farming service offers high-yield returns and is an excellent way for users to benefit from the platform’s growth.

6. Staking

Finally, SaxumDAO’s staking service offers users the opportunity to earn passive income by staking their SAXUM tokens. By locking their tokens in the SaxumVault, users can earn a share of the platform’s transaction fees, providing a steady source of income. Staking is an excellent way for users to contribute to the platform’s growth while earning rewards for their participation.

Team

SaxumDAO is led by a talented team of professionals with a wealth of experience in the cryptocurrency and blockchain spaces. At the helm of the company is the CEO, a computer science graduate, and a seasoned entrepreneur with a deep understanding of the industry. The team is passionate about building a decentralized finance platform that offers users a range of innovative products and services. The team’s commitment to transparency, security, and community-driven governance is evident in every aspect of the platform, and they are dedicated to providing users with the best possible experience. With a focus on collaboration and innovation, the SaxumDAO team is committed to building a platform that will have a positive impact on the DeFi ecosystem and the wider cryptocurrency industry.

Conclusion

In conclusion, SaxumDAO is an exciting DeFi platform that offers users a range of innovative products and services. With a suite of tools that include swapping, liquidity lock management, NFT collectibles, and staking opportunities, SaxumDAO is well-positioned to revolutionize the DeFi landscape. The platform is built on a foundation of transparency, security, and community-driven governance, and is backed by a talented and experienced team. By joining the SaxumDAO community and buying the native token, investors can gain access to exclusive benefits, such as reduced fees, early access to new products and features, and the ability to participate in community-driven governance. Furthermore, SaxumDAO has a long-term vision for the future of the DeFi space and is committed to driving innovation and collaboration within the industry. As such, investors who join the community and buy the token stand to benefit from the growth of the platform and the wider cryptocurrency industry. We invite you to explore SaxumDAO and join our community as we work towards a more decentralized and equitable financial future.

 

Check our Whitepaper: https://saxumdao.gitbook.io/project-saxum/

Official Website: https://www.saxumdao.com/

Social Madia (Community)

Twitterhttps://twitter.com/saxumdaoglobal

Telegram: https://t.me/saxumdao_dex

Facebook: https://www.facebook.com/saxumdao

Discordhttps://discord.gg/vxTY8NxN

 

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Top Software Development Trends For 2020

Software Development Trends for 2020 You Need to Know

In the year 2020, we can observe that some of the most exciting technologies for software development are becoming commercially practicable, and few are finally going mainstream. It is predicted that new trends such as machine learning, edge computing, and artificial intelligence can go mainstream and reach broader adoption. Besides this, there are trends such as artificial intelligence (AI), IoT, and blockchain, that will have an impact beyond our understanding. The year 2020 will be an essential year for any custom software development company, and software developers will play a valuable role in this. Here in this article, we will be talking about such tremendous software development trends of the year 2020.

1. Blockchain

Blockchain technology is poised to have an even more significant effect on the future of development. The most beneficial thing about blockchain is its decentralized nature. Blockchain can store any record in a public-facing database that is impossible to hack. Software developers are finding new and exciting ways to implement the latest developments in blockchain. Blockchain-based apps are emerging as a popular option for developers looking to create decentralized and secure open-source solutions.

2. Microservice Architecture

In 2020, we can observe that the software industry is moving towards Cloud. This will make Micro services Architecture dominate the tech world.

The main reason behind the rise of Micro service Architecture is that it fits perfectly with Cloud Native and fastens the software development process. Since its existence, Micro services has been gaining grounds in software development.

3. IoT

IoT is emerging at a significant level. From Bluetooth trackers to smart microwaves, internet-connected devices no longer refer to cell phones and computers. As technologies like 5G are coming up, more and more devices can take advantage of better wireless bandwidth. This is because of the always-communicating and always-on IoT devices. They are making it easier for technology to track and monitor the world around us.

For all the IoT software developers in the world, the ability to write code for small energy-efficient devices that are connected with the internet will remain a powerful skill.

4. Cybersecurity

Cybersecurity is divided into two main categories, namely, internal and external. When we talk about internal cybersecurity, businesses will be focused on building security measures into their software. DevOps engineer teams of any organization should focus on automating security testing into their software development ecosystem. This can even help guarantee that there will not be any vulnerabilities during the software development process.

However, there is a lack of cybersecurity talent. According to a survey by Info Security magazine, 65% of the questioned organizations have indicated a shortage of cybersecurity employees. Besides this, the questionnaire also acknowledged that this lack of skilled cybersecurity professionals is their number one concern. This shortage has consequences beyond big business.

5. Edge Computing

The market of edge computing is predicted to rise by approximately 28 times between 2018 to 2025. This is because edge computing is being used to upgrade cloud computing, which is itself an embraced and growing technology.

Edge computing even has an advantage for remote areas where connectivity to a centralized location is reduced. Besides this, edge computing can also be used to process data that is time-sensitive. This is where cloud computing cannot be used.

6. Artificial Intelligence (AI)

Artificial Intelligence (AI) is a multi-disciplinary branch of computer science, which intends to make machines perform tasks that only human beings could do earlier. It‘s a vast field, and while parts of it have been commercialized, research & development continue on its other dimensions.

AI includes various capabilities like machine learning (ML), deep learning, vision, natural language processing, speech, etc.

This discipline of computer science “trains” computer systems from “experience”, i.e., a vast amount of data. As we feed it with more relevant data, the computer systems improve upon their capabilities of performing human-like tasks.

Gartner projects that AI augmentation will create $2.9 trillion worth of business value in 2021. The “Artificial Intelligence Market – 2025 | MarketsandMarkets” report estimates that the global market of AI will reach $190.61 billion by 2025, up from $16.06 billion in 2017. This report projects a CAGR of 36.62% during the 2018-2025 period.

Wondering how AI could benefit your business? Well, it has a wide range of use cases, e.g.:

  • Image and video recognition capabilities of AI could help law enforcement and security agencies, as I have explained in “How to build facial recognition software”.
  • Efficient and scalable processing of patient data could help healthcare delivery organizations.
  • Chatbots could help businesses streamline their customer service operations.
  • AI-powered predictive maintenance could improve operational efficiency in the manufacturing industry.
  • AI and ML could help software developers and testers by intelligently automating low-end tasks.

7. Progressive web Apps

We have to add progressive web applications to Gartner’s software technologies. The growth of web-based solutions is a solid trend we could observe during the current year. It’s no reason to think it’s going to change in the coming decade.

On the contrary, in the long term, it’s more probable that web apps will take a significant slice of market cake from mobile apps, and not vice versa. We believe it, even more, when we hear Google reps talking about focusing on expanding the features of the current browsers to let web applications achieve the same UX level as mobile apps.

Moreover, progressive web apps are easier to develop and maintain than native applications. They combine the best features of the web and mobile apps. What’s more, they make use of the vast web ecosystem, plugins, and community.

8. Event-Driven Applications

Gartner predicts that through the 2020s a real-time, event-based approach will be a core required demand for 80% of all digital solutions. It’s crucial for business application development companies to apply “event thinking” to their solution strategy.

Event programming is not a type of technology or programming language. It represents an approach that should be implemented in a product development process. An event-driven application responds to actions generated by the user or the system, for example, mouse clicks or loading a program. From a programming point of view, it’s important to separate event-processing logic from the rest of the coding work.

Technologies like AI or IoT speed up event-driven coding as a useful product development strategy. In general, event-driven apps can improve responsiveness, flexibility and give a better understanding of user experience.

9. Multiexperience 

Improvements in wearables and advanced computer sensors are paving the way for the emergence of multiexperience, fully-immersive technology. Traditional ideas of the computer will expand to include new, varied touchpoints. This, of course, will greatly increase the demand for mobile development as firms rush to compete on better, more immersive apps.

Gartner cites Domino’s Pizza, who rolled out an ordering app that combines autonomous vehicles, smart speaker communications, and tracking sensors. The growing popularity of wearable technology is driving development in this field. Greater connectivity and improved user experience will attract more users.

Currently, multiexperience apps use augmented reality, virtual reality, and mixed reality to deliver ever more immersive experiences. As consumers demand more and more sophisticated applications, businesses will have to keep up and deliver more ambient experiences.

Conclusion

As the technologies are trending, the custom software development industry is also evolving. We can see a constant advancement in major technologies like blockchain, ML, and IoT.

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David Enyi June 27, 2020 0 Comments