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      What is The Transfer Token (TTT) - Stocks Telegraph

      By Ammar Mukhtar

      Published on

      January 7, 2022

      5:08 PM UTC

      What is The Transfer Token (TTT) - Stocks Telegraph

      Atom Solutions has released the TTT token, which is based on the ERC-20 standard. It intends to refresh our system as a DeFi token structure by integrating these numerous services using blockchain technology.

      Decentralized Finance (DeFi) is a word that refers to a variety of financial services that use smart contracts and are supplied on a blockchain.

      DeFi’s financial services cover a wide range of areas, including loans, insurance, exchanges, hedge funds, derivatives, prediction markets, and so on. In addition, unlike a centralized system where a middleman is required, it has the advantage of being a quick and secure manner of conducting business. This significant distinction between traditional financial systems has piqued interest in recent years.

      The following currency pairings are available for trading with Eternal Wallet.

      • TTT/USDT
      • TTT/VND
      • TTT/PHP
      • TTT/BTC

      The above transactions will take place on a CEX (Centralized Exchange), not a DEX (Decentralized Exchange) (Centralized Exchange).

      Eternal Wallet

      Sending and receiving multiple currencies amongst Eternal Wallet users takes less than 2 seconds and costs less than 5 cents (USD). Users will receive 50% of all fees incurred during transactions within Eternal Wallet (excluding exchange and withdrawal fees) dependent on how much TTT they have in their wallet.

      When conducting currency exchange, Eternal Wallet allows for the maximum received amount; nevertheless, in order to make the world’s most economical currency exchange possible, users who will lend out TTT into The Pool are required.

      Users who lend out TTT to The Pool will be entitled to get a portion of the commission fees paid by currency exchange users. (Received fees will vary depending on The Pool’s foreign currency balance)

      An AMM will run the system, which will use blockchain to prevent any wrongdoing. Furthermore, interest rates do not alter based on how much money users lend out; rather, the TTT is repaid in order from the earliest lenders to the most recent consumers.

      Furthermore, interest rates do not alter based on how much money users lend out; rather, the TTT is repaid in order from the earliest lenders to the most recent consumers. TTT financing can be canceled at any moment if it has not yet been finalized, and there are no cancellation fees.

      Price Movement – The Transfer Token (TTT)

      At the time of writing TTT is being traded at the price of $5.52. The price has increased by almost 10% in the past 24 hours. There are 2B tokens and only 5% are in circulation.

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