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Source Protocol (SRCX) is a coin that operates on a decentralized finance (DeFi) platform, offering automated services for borrowing, lending, staking, and liquidity pooling in the cryptocurrency market. It aims to provide enterprises, developers, and individuals with sustainable and value-backed technology to access and integrate Web 3.0 services on the blockchain. With a focus on scalability and security, Source Protocol offers an efficient and interoperable smart chain network for creating apps, smart contracts, and tools for the Web 3.0 economy.
As a DeFi-as-a-Service solution, Source Protocol caters to businesses, institutions, and governments by providing enterprise-grade white-label integrations for the DeFi market. It also offers services such as global transaction payment and data networks, liquidity management, partnerships, and network validator node ownership and leasing. With low transaction fees and scalable infrastructure, Source Protocol aims to fuel economic innovation and facilitate the global adoption of blockchain technology.
Source Protocol’s native token, SRCX, enables users to participate in the Source One Market and earn Echo rewards. It also powers Source USX, a stablecoin backed by a hierarchy of blue-chip crypto assets and stablecoins within the Source One Money Market. Source Procxss is also a utility token for merchant processing and business solutions. With its decentralized money market, Source One, users can make use of non-custodial digital asset management solutions for lending, borrowing, passive earning, and more, all while maintaining control of their assets.
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