Greetings Friends;
The world of finance has been changing in recent years thanks to technological advances in the blockchain and of cryptocurrencies as a whole and to complete and praise this evolution in this article I will write about Moonwell Artemis(WELL) a DeFi project consolidated and established in the Moonbeam network a parachain(One globally coherent and validable application-specific data structure i.e. a custom, project-specific, EVM/Ethereum Virtual Machine compatible) blockchain interconnected on Polkadot. We can consider DeFi(Decentralized Finance) the present and the future that directly represents the Web3 where the cooperation of knowledge and data sharing will connect to the use of blockchain for personal finance for purchases, sales and loans. Moonwell has a thriving ecosystem in DeFi and by creating and launching Moonwell Artemis(WELL) its principle is to decentralize and democratize finance replacing conventional centralized institutions for P2P applications(Peer-to-Peer; operating between two people or person and dApps, without routing through centralized systems) providing a full range of financial services, from Swaps services, cross-network asset trading, loans and all with extremely low conversion rates and interest that fits your finance.
No system or third party can control your finances other than yourself.
What is Moonwell Artemis?
As we can see, the project itself carries the symbology of Artemis Goddess of the moon and also the moon itself where, when bringing it to reality, we can associate it with the control of the tides. Using the tidal control symbology can be interesting because we can also associate blockchains with a vast sea. So you will have control of each wave (specific Blockchain) and you will be able to make profits by borrowing these waves for the benefit of the gain and profit of the market. Going back to more technical terms Moonwell Artemis is a DeFi variation of the Moonwell protocol established and consolidated on the Moonbean and Moonriver networks. Moonwell Artemis provides an open and non-custodial DeFi protocol where you and the entire community can borrow non-native assets such as ETH, DOT, USDC, BTC, FRAX. If you need to, you can connect Nomad to a standard bridge where inter-chain communication takes place that allows for cheap and secure transfers of tokens and data between chains. So you can easily convert(transfer) assets between Ethereum and Moonbeam(GLMR) networks.
In terms of quality, Moonwell Artemis aims to be the most secure, easy-to-use DeFi protocol with a nice, fast and highly intuitive interface. The features established in the platform are state-of-the-art and tested by security auditors to bring the best feeling of use to everyone. Connections can be made through Metamask, Coin98Wallet, Rabby Wallet, Wallet Connect and Coinbase Wallet.
Short, medium and long term benefits...
In the short term, we can benefit from the low price of the markets and also from the low demand for this segment, which will soon change with the high adhesion of the crypto world. On average, we can benefit from the solidity and consolidation of Polkadot and its Moonbean parachain where everyone will be part of this revolution in the financial world. Now, in the long term, we should be even more calm because with each passing year, more people and more institutions create bonds with blockchain technology and the longer the community and the project become more solid.
Moonwell Artemis Specifications:
Token Moonbean
Name: Moonwell Artemis
Symbol: WELL
Decimals: 18
Total Suply: 5,000,000,000
Contract: 0x511ab53f793683763e5a8829738301368a2411e3
Exchange:
Conclusion
Before looking for technical subjects and themes, we should be concerned with the meaning of the project and what it really wants to convey to people and to the world. Creating a project for just market valuation, buying and selling will not get you anywhere and we see this on a daily basis with several projects. Now, from the moment we think about the benefit of people and how they can have an opportunity to prosper in their goals, the doors of membership open because in addition to conquering a solid community, great investors will connect to contribute in some way, boosting their economic and also emotional. I believe that Moonwell Artemis(WELL) brings with it all these principles where, through symbolism, it seeks to deliver an excellent product for the benefit of all and this, in my opinion, is the starting point for true success.
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