PRESS RELEASE. Based on the anti-liquidation protocol, Shaktiio is developing a liquidation protection program for CeFi lending platforms. The Anti-Liquidation Protocol contributes to the stability of the bitcoin market by preventing it from being overextended. The expansion of the loan market and the extensive use of trading instruments, including the use of leverage, have led to the imposition of massive amounts of collateral on banks and other financial institutions. In the event of a dramatic market decline, mass liquidations will increase and harm the market unless a method is developed and implemented to avoid mass liquidations in the event of speculative activity, mass selling and market hysteria.
Anti-liquidation – a necessity for the cryptocurrency market
The cryptocurrency industry combines advanced technology with cutting-edge ingenuity. This is where the latest breakthroughs and new technological innovations are accessible. Nevertheless, due to the exponential growth and novelty of technology, there is a significant amount of fraud and manipulation in the market. Due to the extensive use of leverage for speculation, massive sums of assets have been frozen and are now used as collateral for lending platforms. When there is a significant drop in the market, there are large liquidations of stranded assets and, as a result, massive selling, which causes prices to continue to fall. However, not only speculators who use leverage are experiencing massive liquidations, but also borrowers who take out personal loans secured by cryptocurrencies to meet their financial obligations.
The forced liquidation intensifies the market crash and lowers the value of cryptocurrencies due to a massive sell-off. Forced liquidation will not occur, however, due to the Shaktiio anti-liquidation protocol. This suggests that the market will remain constant and there will be no sales. In the event of a cryptocurrency market crash, Shaktiio provides an anti-liquidation system that ensures that cryptocurrencies that function as collateral for loans will not be forcibly traded and liquidated if their value falls below specified limits or their debt.
Therefore, whales will have a harder time manipulating the market if they use the liquidation mechanisms of the CeFi platform. Supply and demand, rather than speculation and manipulation of whales, will be allowed to truly determine faith and market prices.
Also, the Shaktiio ecosystem uses incentive programs to recruit new users to the platform. SKTO holders will be rewarded for their participation in the network and ownership of SKTO through a unique incentive program they have created especially for its members. Reward systems are a way to promote Shaktiio services around the world as well as bring extra money to members of the ecosystem. Adding a reward system to the Shaktiio environment will help it grow even faster.
Shaktiio’s future prospects
Shaktiio’s primary goal is to ensure the long-term development and expansion of the Shaktiio ecosystem. An SKTO token support program has been developed to do this. It was implemented using several mechanisms, including a rewards program, incentive rewards for active users, and other programs. People all over the world can benefit from Shaktiio’s solutions, regardless of their social and economic origins, their well-being or their level of education. As a result, Shaktiio has become a very popular and democratic initiative which is open to everyone and also contributes to the development of the ecosystem.
Additionally, Shaktiio will actively promote the Anti-Liquidation Protocol worldwide, thereby expanding the project’s ecosystem and increasing its value as a cryptocurrency token on cryptocurrency exchanges. The expertise of the Shaktiio team and their understanding and experience of the market and its current difficulties will help us put all our ideas into action and implement the anti-liquidation protocol, which he hopes will save Lives.
Nevertheless, Shaktiio will not rest on its laurels, but will continue to develop and improve the quality of products that are part of the ecosystem to make the Anti-Liquidation Protocol scalable and more comfortable, easy to operate, as well as provide users more flexible rates and working conditions while using the protocol. Essentially, Shaktiio’s most distinctive characteristic is his ability to maintain consistency and persevere in the pursuit of success.
Shaktiio adheres to the 100% return policy established by ICO participants. In three years, when the Shaktiio ecosystem has reached the required level of growth and development, investors will be able to collect their ETH in return. Additionally, a transaction fee in the amount of USD is included in the refund.
You can rest easy knowing that Shaktiio’s anti-liquidation technology will keep your cryptocurrencies safe if your collateral value falls below specified restrictions or your debts. The start of the ICO is scheduled for March 1, 2022, so stay tuned with the latest updates from Shaktiio:
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