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lucifercoin Money and the devil never sleep
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Lucifer Coin Technology aims to provide a seamless asset management solution
Team Lucifer introduced a platform that caters to all financial requirements and enables customers to build a completely digital asset management system
. India, 28th October 2021: With an aim to provide a comprehensive offering, Lucifer Coins has created a digital ecosystem for asset management. Founded by Shifa Shakoor, Lucifer Coin uses BSC smart chain technology and provides users with a one-stop solution to all financial requirements. With Lucifer Coin, customers are guaranteed a seamless and completely reliable environment designed by a dedicated and talented team.
As almost everything moves to the digital platform, Team Lucifer introduced a platform that caters to all financial requirements and enables customers to build a completely digital asset management system. Lucifer Coin Technologies provides a unique proposition to its users, which connects their crypto wallet to an IBAN account in a seamless way. Further, users can store and access all of their fiat and crypto assets in the ecosystem through Lucifer Coin which is placed in the security of their home.
Amongst a plethora of their offerings, users can opt for the Asset Management service - a dynamic and advanced system to manage all assets in digital forms backed by crypto technology to ensure its safety and security. Alongside developing the first hardware mechanism for fully integrated digital finance requirements, Lucifer Coin also offers its users the opportunity to make use of impressive revenue and investment plans. Out of the total valuation of the Lucifer Coin, funds will be utilized to make investments in different segments and asset classes to ensure a diversified holding is achieved. The same is divided into - 25% real estate, 25% equity market, 15% commodities, and 15% forex.
The Index Creator service offered by Lucifer Coin Technologies is intended to provide a pool of options like sector choices, tracking, weighting methodologies, and much more options that helps to pick the right asset and invest in. To aid with this, the Rebalancing service ensures stability and good index returns. Team Lucifer has enabled a reserve model which makes sure that enough resources within the platform and the reserve per cent are figured out on basis of assets held in each segment in the ledger.
 Additionally, Lucifer Coin Technologies also caters to the developers through its Smart Contract service - a smart contract platform that provides an environment for developers to develop decentralized applications. The important feature of Luciferâs smart contract is that it offers support in multiple chains whereas its counterparts offer services involving a single and specific chain. Users of Lucifer Coin also avail the Foreign Exchange service, an integral part of the Lucifer Coin ecosystem. It aids in enabling quick and easy transactions across the globe along with the option of multiple applications functioning seamlessly without any payment issues.
access their portfolio of cryptocurrencies and choose between holding or investing further. On similar lines, the Fund Handling services provide users with the ability to handle and access their digital assets on the go with guaranteed safety and security.
Lucifer Coin Technologies aims to add more services in the future (subject to license approvals) in the form of crypto exchange for trading assets of all kinds, FIAT and SEPA integration, b2b and b2c payment interfaces and one-off services aimed at providing users with a holistic experience.
To know more, visit -Â http://lucifercoin.io
Disclaimer: This content is distributed by SRV Media. No HT journalist is involved in creation of this content.
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lucifer coin vision
would require an increasing number of transactions as more indices are created. In addition, smaller indices would not benefit from yield optimization because their assets would need to be reserved for redemptions and rebalancing. Instead, we maintain one reserve for each asset pool on the platform. This dislocates the number of transactions required to facilitate asset optimization from the number of new indices. More importantly, it ensures that regardless of the size of an index it can benefit from additional yield. This is due to the fact that yield is shared pro rata across the indices that make up an asset pool. http://www.lucifercoin.io/ LUCIFER has introduced rebalancing bands which prevent the rebalancing system from operating when an assetâs weight sits outside of an acceptable range. This functionality stops excessive re- balancing triggered by small movements in the underlying price and also provides safety to the system when prices move by a great magnitude. Bands are split into upper and lower bounds. Upper and lower bounds exist above and below the in- tended weight for an asset. The bands are always centered to the intended weight of each asset on the platform. Therefore, rebalancing bands comprise four key points. In the context of rebalancing bands lower and upper are adjectives to describe the distance away from the intended weight rather than the direction of the weight change. Let's take a look at the key points above the intended weight. Let's assign the variable Spot prices used within the integrated system are injected via oracles which aggregate pricing data from multiple sources and outputs a weighted average result. This ensures pricing data is robust against flash loan manipulation. The Rebalancing Surface is critical for proper rebalancing of an aggregated system. It maps the relationship between every asset held and enforces these relationships during swaps. This prevents the system from rebalancing two assets that do not share any common indices; preventing value leakage from one asset to another. It also ensures that only the portion of the unbalanced delta, that is attributed to the two assets being rebalanced, is corrected.
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What is the lucifer CoinÂ
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LUCIFER Coin
With cryptocurrency, we get a new medium of exchange that paves new possibilities of business. In the last decade, the demand of this technology has grown by leaps and bounds. This technology has shown us new methods of delivering efficiency in payments and other fintech solutions. LUCIFER is a revolutionary initiative that is committed to bringing more liquidity, protection, and overall ad- vantages with this technology. LUCIFER is going to deliver pioneering platforms that allow you to mold this technology in ways we are used to. With this project, investors will be able to mint more profits through the decentralized control. As opposed to centralized mechanism, this blockchain-based network is aimed at giving transparency at every levels. With crypto markets developing it is highly probable that asset and strategy allocation will begin to converge with traditional finance. Fin core's index platform stands to benefit from this influx of capital and its user friendly design will appease both crypto natives as well as users completely new to de- centralized finance. As the token economy expands and becomes more diverse, participants will want products that can provide them with diversified exposure to these different sectors. Sector specific indices will become the Schelling point for benchmarking performance. Our index creation tools allow the portfolio of in-dices to grow with the market, easily supporting new sectors as they are defined. However, token economies are unlike their traditional counterparts in the sense that token holders take a more active role in the decision making process. In line with this ideology, LUCIFER will support active participation in the governance of the tokens it custodies. Additionally, we will minimize opportunity cost by leveraging off-platform yield optimizers. http://www.lucifercoin.io/ The platform aggregates liquidity from across the Tron network using the 0x API to provide access to best execution and a wide array of assets. Whilst some aggregators optimize for the best quoted price, hoping that the better rate will attract more order flow. The API maximizes for the best fee-adjusted price, and as a result provides better execution than other aggregators 72% of the time. LUCIFER use of external liquidity sources effectively separates the cost of execution from the size and depth of the index. This is paramount to design because by allowing the creation of any number of indices, it is inevitable the platform will support a long tail of smaller indices. Our design ensures that the trading costs of minting an index with millions under management or an index with a few thousand is exactly the same. As a result, we remove the liquidity bootstrapping phase that is inherent with Balancer designs. If a new Balancer pool is created it starts off with a minuscule amount of liquidity and thus cannot accept one sided deposits due to extreme slippage. Therefore, users must deposit each constituent asset into the pool until the pool reaches sufficient liquidity and can start accepting one sided de- posits. This mechanism is fine if you plan to limit the number of indices created such that each index has adequate liquidity. However, as mentioned above we cannot make this assumption. It's also apparent that index investors typically don't already own the underlying tokens and would prefer to invest through one asset. This framework solves both problems by leveraging external liquidity. New indices can accept one token deposits with as little as 1000 USDC in market cap and tap into the deepest exchange reserves for best execution when minting
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