The User Barrier Issues Facing the Blockchain Industry and Their Solutions

Currently, the innovative products in the blockchain and cryptocurrency market are mainly limited to industry insiders. The main reason for this situation is that ordinary users need to learn specialized knowledge such as wallets, cross-chain bridges, and miner fees, which creates a high barrier to entry.

Centralized exchanges serve as a temporary solution, providing convenience for new users. However, they cannot fully leverage the network effects of the decentralized ecosystem, and the products they offer are merely a subset of on-chain products. In contrast, permissionless protocols can launch new types of products more quickly, and this advantage increases as the network scales.

Currently, poor user experience is a key barrier to the large-scale application of Blockchain technology. Although decentralized products are powerful, they have a high entry threshold, resulting in a gap between users and products. To address this issue, some projects are working to simplify the user experience, helping users to more easily enter the decentralized world.

A comprehensive DeFi platform is committed to unifying decentralized ecosystems and applications under a single user experience layer, specifically designed for users familiar with Web2. The platform not only provides a simplified user interface but also integrates different decentralized ecosystems and applications through a unified user experience layer. Users can enjoy the advantages of decentralized products without needing to deeply understand the complex blockchain technology. This approach not only makes it easier for users to access various decentralized services but also fully leverages the powerful effects of decentralized networks, attracting more developers and users to join the ecosystem, driving the rapid emergence of innovative products, and accelerating the mainstream adoption of blockchain technology.

Innovation and Breakthrough

The platform's innovations are mainly reflected in the following aspects:

1. Enhance User Experience: Implementing the referral links and trading fee rebate mechanisms commonly used by centralized exchanges, generating a public-private key pair for each user and storing it in the browser, with automatic signing during transactions. These improvements make operations more convenient and lower the entry threshold.

2. Enhance liquidity and market attractiveness: Plan to provide more efficient perpetual contract trading services, support multiple collateral types, and improve capital efficiency by using stablecoins to reduce the risks for liquidity providers.

3. Cross-chain expansion: Supports multi-chain operations, allowing users to trade on multiple chains, expanding the user base and bringing more transaction volume and revenue.

4. Enhance Market Competitiveness: Aimed at directly competing with centralized exchanges by providing a similar user experience to attract more users from CEX to DEX. Its seamless experience layer design further bridges the experience gap between CeFi and DeFi, promoting the adoption of DeFi.

Governance Mechanism

The platform has built a community-centric governance framework, where governance points (GP) and Patron NFT play a key role.

GP is a governance point used to reward and incentivize community members, which can be obtained through various means, such as participating in GP Farming, being active on community platforms, and participating in governance meetings. The main functions of GP include:

• Participate in governance voting
• Exchange Patron NFT
• Encourage community participation

Patron NFT is a non-fungible token that represents the identity of contributors and can be obtained by burning a certain amount of GP. Its main functions include:

• Symbol of contributor identity
• Participate in the incentive program
• Indirectly influence community decisions and governance

Through GP and Patron NFT, the platform has built a decentralized, transparent, and efficient governance framework that encourages community members to actively participate and contribute to the development of the ecosystem.

Future Outlook

The launch of this platform aims to address the bottlenecks of various decentralized applications in the current cryptocurrency market. By simplifying user operations, introducing various collateral and stablecoins, supporting multi-chain operations, and providing a user experience similar to centralized exchanges, it demonstrates its innovation and breakthroughs.

However, its success also requires validation of the effectiveness of governance mechanisms and incentive measures, especially the actual economic returns of GP and Patron NFTs. Although the GP points system offers users the opportunity to participate in governance and earn rewards, its actual value and potential still need further observation and validation. Whether it can provide users with a well-rounded and reasonable answer will determine its long-term competitiveness and development prospects in the decentralized finance sector.