Legasys is trying to revolutionize the existing token scene by creating ultra-high-speed transactions with zero fees.
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Description of the project
Legasys is EVM compliant and launches with support for a rich set of Ethereum tools and dApps. Its inception, the Legasys promise along with EVM compatibility makes it a powerful decentralized application. Democratizing finance with DeFi has created a robust and transparent financial system, an open banking platform for developers to create the infrastructure for a truly digital economy for those, not served by banks.
The Legasys community solves the following problems:
| 1 | Development and mass adaptation of DeFi technologies. |
| 2 | High fees due to the high cost of gas in Ethereum, smart contract transactions are very expensive for users. |
| 3 | Low transaction speed due to network congestion with transactions, the speed of transaction confirmation is reduced to several tens of minutes. |
It is very important for the Legasys community to abandon centralized liquidity, as it is expensive to maintain and assets move very slowly. LegaPay acts as a commission collector from DeFi instruments, for example, a trader will pay a commission of 0.3% where 0.05% will go to the stake holders and 0.25% of commission will go to the liquidity provider, LegaPay plans to use a commission collector in all DeFi DApps.
LeUSD — a USD pegged stablecoin, 1 LeUSD = 1 USD. LeUSD tries to offer the best of both worlds - instant processing and security or privacy of cryptocurrency payments, as well as stable fiat currency valuation without volatility. Anyone can exchange their digital assets for LeUSD.
Additional information
You will find a link to the WhitePaper document on the website. This is an introductory section that provides complete information about the work of the project. In addition, the developers maintain a blog on the Medium platform. The platform is designed in English and Chinese.
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The smart contract has not been audited.