What is Repo Protocol

recoveryeth
2 min readSep 27, 2020

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Repo Protocol (Repository Protocol) is a decentralized DeFi stablecoin liquidity aggregator established by introducing TRON protocol technology. Holders of TRON stablecoin USDT can provide liquidity through Repo smart contracts to earn interest. Receive Repo ecological token rewards. The total circulation of Repo tokens is 100,000, and Repo tokens are continuously destroyed in the ecological cycle​​. The price of Repo tokens can easily achieve a hundredfold increase due to the deflation mechanism.

Repo Protocol uses blockchain smart contract decentralization technology to intelligently realize digital asset liquidity circular financial management solutions. Solve the shortcomings of traditional financial black-box operations, ring money running, drumming games and centralized projects. The original intention of Repo is to get rid of the traditional financial, air currency, and model currency projects manipulated by third parties!

The security technology of Repo’s blockchain distributed repository intelligent protocol enables Repo to truly achieve a decentralized, transparent, open, fair and just digital asset investment ecology on the chain. In the community autonomy mechanism of the Repo protocol, every Repo participant is a code contributor, builder, disseminator, consensus, and beneficiary!

The Repo Protocol repository will realize a completely decentralized DeFi financial project, where users have full control. The Internet it conceives is that everyone’s identity and data are controlled by themselves and not affected by any central agency. Repo Protocol aims to share data based on the TRON public chain, linked open networks, and decentralized exchange oracles, as well as future technologies that have not yet been created. Repo provides investment convenience for stablecoin flow and transportation. Independent blockchains can exchange information and transactions in a trustless manner through the Repo repository protocol aggregator relay chain.

Repo Protocol connects decentralized applications, services and institutions has never been easier. By authorizing decentralized wallets to build better secure financial management solutions, we seek to save society from a broken network relying on third-party trust. Repo Protocol’s huge technical support and human factors can no longer violate our trust.

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