PurpleDefi – The future of arbitrage & smart contracts

The DeFi Cryptocurrency space has been growing at a fast rate during 2020 with the likes of
Chainlink, Yearn Finance, Dai & Compound hitting the market and seeing high gains.

De-centralized finance is essentially cutting out the middle man an experimental form of finance
that does not rely on central financial intermediaries such as brokerages, exchanges, or banks, and
instead utilizes smart contracts on blockchains, the most common being Ethereum.
With Bitcoin reaching close to all time highs in the recent weeks there is expected to be a rush of
capital into this sector of the Cryptocurrency market.

Purpledefi

Platforms such as Anyswap & Uniswap have made the process easy to understand along with
proving that the logic behind de-centralized finance is warranted.

Purple DeFi is a smart contract based de-centralized finance app that will provide opportunities to
holders of the native token PURP to gain exposure to various high performance algorithms in a
range of assets.
The company behind Purple DeFi has been in the Cryptocurrency space since the early days
providing a form of OTC broker services around a P2P based strategy, they have added 2 more
revenue streams with micro loans & arbitrage trading.
Expected listing is expected during Q2 2021 and tokens are currently priced at $0.03c equivalent in
BTC or ETH.

CEO & Director

A system similar to staking has been introduced for early adopters of PURP to accumulate further
tokens during the period leading up to the listing date.
Purple DeFi CEO will lock away 20% of the tokens for a 10 year period ensuring comfortable
market stability for token holders.
Furthermore 50% of the ETH & BTC deposited will be used to provide liquidity should any early
adopters of the token decide to swap their tokens to liquid coins.
For more information about this DeFi project please use the live chat on PurpleDeFi.com
You will also find links to Telegram and Social Media accounts on their website.