Review of DUO Network(DUO): BB — Stable Outlook and Moderate Risk

❔What is DUO Network | Trustless Derivatives:

DUO Network is a decentralised derivatives trading platform.

Key Points:

✅ While working to develop a distrusted and transparent independent derivatives market, DUO Network hopes to increase the liquidity and trading depth of digital assets through digital asset mortgage, smart contract liquidation, and distributed quotation.

✅DUO Network is classified under the field of Decentralized
Finance (DeFi), which refers to an open source finance project based on distributed networks.

✅ The digital asset derivatives market is growing, and the decentralized financial products characterized by providing open financial derivatives are increasingly abundant.

✅ It’s worth noting that the concept of DeFi is different from that of FinTech. The latter includes a wider range of emerging technologies to improve the efficiency of financial services, while centralized institutions often play a major role in promoting technical progress.

✅Compared with traditional finance, DeFi breaks the boundary of institutions as independent business places, turning financial products into a ubiquitous service with the mixed operation.

Result:
TokenInsight gives BB to DUO Network with a stable outlook. Overall, the risk of DUO Network is moderate.

Learn more about DUO Network

About TokenInsight

TokenInsight is an independent third-party data analytics organization whose focus is to provide accurate information and ratings on companies developing in the blockchain industry. TokenInsight is dedicated to providing accurate ratings, research, and analytics that contribute to intelligent financial decisions and market transparency.

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Leading Data&Tech-driven Blockchain Financial Institution.

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