Bringing DeFi to Agriculture Industry, Lydium ICO Begins First Phase

The agricultural industry is one of the most important industries in the world, but it has been plagued with problems. A new project called Lydium aims to disrupt this industry through a decentralized financial ecosystem that will provide farmers with loans at low interest rates.

The calculated by tradingview is a cryptocurrency that has been designed to bring decentralized finance to the agriculture industry. It is currently in its first phase of the ICO, which began on December 6th, 2017.

Lydium is shaping up to be one of the most creative blockchain apps in 2021, with the goal of changing financing in the agricultural industry.

The much-anticipated Lydium Initial Coin Offering (ICO) has already sold 60% of the tokens available in the first round. Lydium, a blockchain-based finance and banking ecosystem, is the first of its kind to bring decentralized finance’s revolutionary advantages to one of society’s most vital industries: agriculture. The platform’s LYD token, which is the fundamental unit of trade that drives the Lydium economy, will be available for purchase during the ICO.

Scalability is required for a really global revolution to take place.

Lydium aims to upend outmoded financial institutions by empowering people responsible for guaranteeing the world’s food supply. It is built on double-layer blockchain distribution technology and intended to handle worldwide transactions. As of 2019, there were an estimated 1.1 billion individuals working in agriculture-related jobs, all of whom would profit from society’s progressive shift to cryptocurrency-based payment systems, and Lydium intends to provide the infrastructure to support them all.

Traditional agricultural-related financial service providers have gone unchecked for decades, if not centuries, imposing excessive prices and limiting the quality of life for millions of people across the world. However, with the advent of blockchain and decentralized finance, more efficient methods of transacting may be done without the involvement of traditional providers, and Lydium is poised to lead the agricultural economic revolution.

Bringing DeFi to Agriculture Industry, Lydium ICO Begins First Phase

The first phase of the ICO is nearing completion.

The Lydium Initial Coin Offering (ICO) is hosted on lydium.org and accepts a variety of cryptocurrencies as payment, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), TRON (TRX), Dash (DASH), and Cardano (ADA) (ADA). LYD tokens are currently priced at $0.006 per token in this early stage. The ICO will be held in four stages, with a total of 20% of the token’s supply available for purchase. The LYD token is an ERC20 token that is hosted by a smart contract on the Ethereum network. This means it can be easily transferred into a variety of popular Ethereum wallets.

Please see the How Do I Buy section of the project website for additional information on the Lydium ICO. Lydium has a FAQ area where you can learn more about the company, including smart contract information, suggested exchanges, and so forth. For more detailed inquiries, you may contact the Lydium project managers through email.

The best defi coins is a new cryptocurrency that promises to bring the benefits of blockchain technology to the agriculture industry. Lydium has begun their ICO, which will allow users to buy tokens in order to help fund the project.

Related Tags

  • btc
  • gbpusd
  • what is defi crypto
  • defi crypto stock
  • what is yield farming

More from author

Related posts

Latest posts

South Korea pushes ambitious crypto tax to 2023 |

South Korea’s government has revealed plans to put a definitive end to cryptocurrency speculation in the country as of 2023. In an effort to...

is BTC nears bear market territory?

Bitcoin is currently trading at around $7,700 after a recent drop from the high of close to $20k. The question arises whether this is...

Study shows Bitcoin delivered 99.996% deflation against the U.S. dollar over past decade |

Bitcoin has been a currency with an interesting track record of being deflationary. In recent years, Bitcoin’s value has increased at a much faster...