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EasyFi is always involved in improving its ecosystem and incorporating new means of using its token, EASY for its users. This made EasyFi to partner with Playcent, a gaming, decentralized app and NFT ecosystem. This partnership will make Playcent to incorporate EasyFi token to its platform, which will allow holders of the tokens to access incredible features on Playcent. EASY holders can pay for subscriptions, make in-app purchases, and do much more on Playcent ecosystem. They can have access to incredible games and innovative esports features on the Playcent platform by using EASY token.
Apart from the aforementioned, Playcent allows EASY to be utilized in accessing premium merchandise, content, as well as NFTs.
As from now, EASY can be spent on the Playcent to access a user wants. Playcent is hosted on Polygon, which was once called Matic network, and it currently has more than twenty templates. As a decentralized WIX, it allows users to create intriguing decentralized apps, games, social tokens, as well as NFTs through different templates that were made by some developers. With the coming of Playcent, non-developers have access to a marketplace with innovative tools that permit them to create intriguing games and decentralized apps for different purposes.
Use Cases of EASY on Playcent
EASY will be used in valuing, buying and transacting in NFTs on Playcent. This means that if you come across a NFT that you fancy on Playcent, you can purchase it with the EASY token.
There are numerous games, eSports, quizzes and entertaining content on Playcent. The partnership between both ecosystems will lead to holders of EASY having access to the aforementioned with the token. This will drive the adoption of the EASY token because the use case increases daily.
This is the beginning of the use cases of EASY, as EasyFi team expects to enter into more partnerships to improve the usefulness of the token in the decentralized world in general.
anonymous logo gif
Partnership Between EasyFi and Clover
Another partnership that is worth mentioning is the one between EasyFi and Clover. It will permit EasyFi to incorporate into the Polkadot realm, and leverage its features. It will also allow EasyFi to enlist DOT-based assets as collaterals.
Below are what to expect from the partnership:
• EasyFi lending protocol will be accessible in different blockchains.
• It will ensure that interoperability is made possible in different networks to ensure that the different token systems can effortlessly be used on the money markets hosted by EasyFi.
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Partnership Between EasyFi and Ramp DeFi
The collaboration will lead to rUSD, a staked derivative stablecoin of RAMP DeFi to be available on EasyFi lending protocol. It will improve the capital level and liquidity of the layer 2 defi platform. Liquidity between the Polygon (formerly called Matic) and Ethereum Mainchain is made more feasible with rUSD being added as a collateral on EasyFi platform. Users will have access to better opportunities of yield farming.
anonymous logo gif
Apart from the aforementioned, Playcent allows EASY to be utilized in accessing premium merchandise, content, as well as NFTs.
As from now, EASY can be spent on the Playcent to access a user wants. Playcent is hosted on Polygon, which was once called Matic network, and it currently has more than twenty templates. As a decentralized WIX, it allows users to create intriguing decentralized apps, games, social tokens, as well as NFTs through different templates that were made by some developers. With the coming of Playcent, non-developers have access to a marketplace with innovative tools that permit them to create intriguing games and decentralized apps for different purposes.
Use Cases of EASY on Playcent
EASY will be used in valuing, buying and transacting in NFTs on Playcent. This means that if you come across a NFT that you fancy on Playcent, you can purchase it with the EASY token.
There are numerous games, eSports, quizzes and entertaining content on Playcent. The partnership between both ecosystems will lead to holders of EASY having access to the aforementioned with the token. This will drive the adoption of the EASY token because the use case increases daily.
This is the beginning of the use cases of EASY, as EasyFi team expects to enter into more partnerships to improve the usefulness of the token in the decentralized world in general.
anonymous logo gif
Partnership Between EasyFi and Clover
Another partnership that is worth mentioning is the one between EasyFi and Clover. It will permit EasyFi to incorporate into the Polkadot realm, and leverage its features. It will also allow EasyFi to enlist DOT-based assets as collaterals.
Below are what to expect from the partnership:
• EasyFi lending protocol will be accessible in different blockchains.
• It will ensure that interoperability is made possible in different networks to ensure that the different token systems can effortlessly be used on the money markets hosted by EasyFi.
anonymous logo gif
Partnership Between EasyFi and Ramp DeFi
The collaboration will lead to rUSD, a staked derivative stablecoin of RAMP DeFi to be available on EasyFi lending protocol. It will improve the capital level and liquidity of the layer 2 defi platform. Liquidity between the Polygon (formerly called Matic) and Ethereum Mainchain is made more feasible with rUSD being added as a collateral on EasyFi platform. Users will have access to better opportunities of yield farming.
anonymous logo gif
UniLend is known in the DeFi world, as a permission-less decentralized protocol which offers users incredible financial services like borrowing, lending money market and spot trading functionalities. This is done without the need for a custodian via smart contracts. The lenders are rewarded with interests, while the borrowers are expected to pay a designated fee, which is the interest. Users can get involved in spot trading of the different pairs listed on the UniLend ecosystem. When it comes to a financial market that has the perks of the conventional without the users having to deal with the drawbacks, UniLend is there. The platform also makes it easy for digital asset to be listed without stress.
How UniLend Partnered With Nord Finance
On the other hand, Nord Finance is a DeFi project that's focused on offering DeFi products to users. The Ethereum ecosystem supports Nord Finance, and it can work on multiple chains. Nord Finance offer its users Swap features, Advisory functionality, Savings, Loans, as well as Futures.
Users will be able to leverage customized robo-advisory services to the optimal aspect because of the partnership.
DeFi users will be able to have access to numerous investment strategies because of the partnership.
The partnership will offer their users access to innovative trade opportunities that will handle the volatility problem that the decentralized financing world is currently facing.
UniLend Partners with Mirror Protocol
As a decentralized finance platform, Mirror Protocol has been involved in creating synthetic assets called mAssets or Mirrored Assets. This platform is hosted on Terra network and works via the smart contracts.
The mAssets follow the way real-life assets behave, thereby offering traders access to real-time prices. The traders do not have to deal with real-life assets or trade them before they can have access to this.
The partnership between Mirror Protocol and UniLend will allow mAssets to be incorporated to UniLend. Since mAssets are not as volatile as crypto assets, it means that the over-collateralization ratio that borrowers are forced to pay are lessened compared to what borrowers of crypto assets that are highly volatile have to pay.
Another perk is the improvement of capital efficiency.
UniLend Partners With Injective Protocol
This partnership between both DeFi projects will permit users to easily have access to yield farm on UniLend via the usage of the derivative products seen on Injective.
With this partnership, users can easily access the lending, borrowing, spot trading and money market functionalities of UniLend and pair them with the derivative products that Injective offers.
Conclusion
UniLend will continue to partner with other leaders in the decentralized financing world, in a bid to churn out innovative DeFi products. The partnership that UniLend has with Mirror Protocol, Injective Protocol and Nord Finance will change the face of DeFi and the financial world, at large.
Visit UniLend Finance
On the other hand, Nord Finance is a DeFi project that's focused on offering DeFi products to users. The Ethereum ecosystem supports Nord Finance, and it can work on multiple chains. Nord Finance offer its users Swap features, Advisory functionality, Savings, Loans, as well as Futures.
Users will be able to leverage customized robo-advisory services to the optimal aspect because of the partnership.
DeFi users will be able to have access to numerous investment strategies because of the partnership.
The partnership will offer their users access to innovative trade opportunities that will handle the volatility problem that the decentralized financing world is currently facing.
UniLend Partners with Mirror Protocol
As a decentralized finance platform, Mirror Protocol has been involved in creating synthetic assets called mAssets or Mirrored Assets. This platform is hosted on Terra network and works via the smart contracts.
The mAssets follow the way real-life assets behave, thereby offering traders access to real-time prices. The traders do not have to deal with real-life assets or trade them before they can have access to this.
The partnership between Mirror Protocol and UniLend will allow mAssets to be incorporated to UniLend. Since mAssets are not as volatile as crypto assets, it means that the over-collateralization ratio that borrowers are forced to pay are lessened compared to what borrowers of crypto assets that are highly volatile have to pay.
Another perk is the improvement of capital efficiency.
UniLend Partners With Injective Protocol
This partnership between both DeFi projects will permit users to easily have access to yield farm on UniLend via the usage of the derivative products seen on Injective.
With this partnership, users can easily access the lending, borrowing, spot trading and money market functionalities of UniLend and pair them with the derivative products that Injective offers.
Conclusion
UniLend will continue to partner with other leaders in the decentralized financing world, in a bid to churn out innovative DeFi products. The partnership that UniLend has with Mirror Protocol, Injective Protocol and Nord Finance will change the face of DeFi and the financial world, at large.
Visit UniLend Finance
Decentralized Finance is rapidly becoming the other of the day, as almost every system wants to go the DeFi way, which is quite normal, as no one would want to miss out on the benefits it offers.
The DeFi industry is considered to not only be the fastest rising industry in the global system, but also a very beneficial one, which is probably why everyone is adopting it, hence the introduction of different DeFi projects in the cryptocurrency industry.
Despite the number of DeFi projects flooding the cryptocurrency market, there are a few reliable ones to look out for this 2021, which will not only help improve the global system, but will also deliver unforeseen benefits to its users.
OUTSTANDING DEFI PROJECTS IN 2021
● UNILEND FINANCE
Unilend Finance is a fully decentralized and permissionless system, which makes use of the revolutionary smart contract to facilitate spot trading and the money market, for the benefit of the global users.
It allows users to participate in and benefit from spot trading, and still give them the opportunity of featuring in the money market by unlocking access to funds through lending and as well giving them the ability to earn from their fund through lending.
Unilend possesses great features which helps it offer the aforementioned services efficiently, so as to ensure that it's users benefit unrestrictedly from Decentralized Finance.
● REEF FINANCE
Reef Finance is developed as a DeFi operating system, which solves the problem of liquidity in the cryptocurrency industry and Simplifies the trading of digital currencies, as a way of driving its massive adoption.
It makes use of its smart liquidity aggregator which gets trading liquidity for cryptocurrency trading from different sources including DEXs and CEXs, just to ensure that there is a smooth trade in digital assets trading.
With its smart yield engine powered by AI, Reef Finance facilitates lending, borrowing, staking and even mining, in a fully decentralized manner.
● OROPOCKET
Oropocket is also another fast rising DeFi project which is already breaking new grounds in the industry.
It is a DeFi system which was created to provide a solution to the inefficient banking system, by facilitating digital banking in different assets, which has great returns.
Oropocket gives its users the opportunity to diversify their portfolio by allowing them to invest in varieties of assets, in a decentralized manner, so as to help maximize their profits.
The users of this system enjoy reduced transaction charges, increased speed of operation and even a guaranteed liquidity, while carrying out operations on the system.
● NORD FINANCE
NORD Finance is a revolutionary DeFi platform that was created to further advance the DeFi industry and give the global masses access to DeFi products, without stress.
It was built on the Ethereum Network, to provide varieties of financial services such as savings, loans, advisory, efficient management of funds, investments as well as swaps, to its users, with full guarantee of decentralization.
With the great features embedded on its system, Nord Finance users enjoy the boons of Decentralized Finance without restrictions.
● EASY FINANCE
Another mind-blowing DeFi project with great potential in 2021 is the Easy Finance system, a platform that was built with the aim of improving the DeFi industry as a layer 2 DeFi system.
It provides varieties of DeFi products such as digital assets lending which includes micro lending, credit Delegation, under-collateralized loans and even credit default swaps, all at a great speed and reduced cost, making available the needed liquidity for the efficient functioning of the system.
IN CONCLUSION,
The above-mentioned DeFi projects are already doing exploits in the industry and if adopted, will definitely improve the living standard of the global masses and the global system at large.
So, watch out for them this 2021, seeing as they are considered to be gems in the DeFi industry, following their great benefits.
The DeFi industry is considered to not only be the fastest rising industry in the global system, but also a very beneficial one, which is probably why everyone is adopting it, hence the introduction of different DeFi projects in the cryptocurrency industry.
Despite the number of DeFi projects flooding the cryptocurrency market, there are a few reliable ones to look out for this 2021, which will not only help improve the global system, but will also deliver unforeseen benefits to its users.
OUTSTANDING DEFI PROJECTS IN 2021
● UNILEND FINANCE
Unilend Finance is a fully decentralized and permissionless system, which makes use of the revolutionary smart contract to facilitate spot trading and the money market, for the benefit of the global users.
It allows users to participate in and benefit from spot trading, and still give them the opportunity of featuring in the money market by unlocking access to funds through lending and as well giving them the ability to earn from their fund through lending.
Unilend possesses great features which helps it offer the aforementioned services efficiently, so as to ensure that it's users benefit unrestrictedly from Decentralized Finance.
● REEF FINANCE
Reef Finance is developed as a DeFi operating system, which solves the problem of liquidity in the cryptocurrency industry and Simplifies the trading of digital currencies, as a way of driving its massive adoption.
It makes use of its smart liquidity aggregator which gets trading liquidity for cryptocurrency trading from different sources including DEXs and CEXs, just to ensure that there is a smooth trade in digital assets trading.
With its smart yield engine powered by AI, Reef Finance facilitates lending, borrowing, staking and even mining, in a fully decentralized manner.
● OROPOCKET
Oropocket is also another fast rising DeFi project which is already breaking new grounds in the industry.
It is a DeFi system which was created to provide a solution to the inefficient banking system, by facilitating digital banking in different assets, which has great returns.
Oropocket gives its users the opportunity to diversify their portfolio by allowing them to invest in varieties of assets, in a decentralized manner, so as to help maximize their profits.
The users of this system enjoy reduced transaction charges, increased speed of operation and even a guaranteed liquidity, while carrying out operations on the system.
● NORD FINANCE
NORD Finance is a revolutionary DeFi platform that was created to further advance the DeFi industry and give the global masses access to DeFi products, without stress.
It was built on the Ethereum Network, to provide varieties of financial services such as savings, loans, advisory, efficient management of funds, investments as well as swaps, to its users, with full guarantee of decentralization.
With the great features embedded on its system, Nord Finance users enjoy the boons of Decentralized Finance without restrictions.
● EASY FINANCE
Another mind-blowing DeFi project with great potential in 2021 is the Easy Finance system, a platform that was built with the aim of improving the DeFi industry as a layer 2 DeFi system.
It provides varieties of DeFi products such as digital assets lending which includes micro lending, credit Delegation, under-collateralized loans and even credit default swaps, all at a great speed and reduced cost, making available the needed liquidity for the efficient functioning of the system.
IN CONCLUSION,
The above-mentioned DeFi projects are already doing exploits in the industry and if adopted, will definitely improve the living standard of the global masses and the global system at large.
So, watch out for them this 2021, seeing as they are considered to be gems in the DeFi industry, following their great benefits.
I'm familiar with COTI, i have to look at the other two, i'm currently holding these DeFi gems after thorough research - UniLend Finance[url], [url=https://reef.finance/]Reef Finance[url], [url=https://www.easyfi.network/]Easy Finance[url]. Teams are not anonymous, big partnership ecosytems.
Proposed Solution
Reef Finance propose a new DeFI protocol and platform as a solution to the abovementioned problems, which we have named Reef. The Reef platform exhibits
the following features and characteristics:
1. Global Liquidity Aggregator:
Reef is a DeFi liquidity aggregator that
will aggregate liquidity from DEX’s, centralized exchanges, liquidity pools,
and other sources into one global pool thus enabling order flow to enter
through a single point.
2. Smart Yield Farming Aggregator:
Reef also functions as a DeFi yield
engine, which abstracts away the execution complexities of opportunities in
DeFi, allowing ease of access for retail investors and fund managers around
the world, and serves as a gateway to the entire DeFi landscape.
3. Non-custodial:
Reef is a decentralized, non-custodial protocol; assets are
controlled by the users themselves and not stored on the platform. Reef
empowers the users to keep storage of their own private keys and cryptocurrency assets, while working in the background akin to a DeFi Operating
System, optimizing yield for the users without compromising security
free host image
Reef Finance propose a new DeFI protocol and platform as a solution to the abovementioned problems, which we have named Reef. The Reef platform exhibits
the following features and characteristics:
1. Global Liquidity Aggregator:
Reef is a DeFi liquidity aggregator that
will aggregate liquidity from DEX’s, centralized exchanges, liquidity pools,
and other sources into one global pool thus enabling order flow to enter
through a single point.
2. Smart Yield Farming Aggregator:
Reef also functions as a DeFi yield
engine, which abstracts away the execution complexities of opportunities in
DeFi, allowing ease of access for retail investors and fund managers around
the world, and serves as a gateway to the entire DeFi landscape.
3. Non-custodial:
Reef is a decentralized, non-custodial protocol; assets are
controlled by the users themselves and not stored on the platform. Reef
empowers the users to keep storage of their own private keys and cryptocurrency assets, while working in the background akin to a DeFi Operating
System, optimizing yield for the users without compromising security
free host image
Oropocket has decided to launch on the Tezos blockchain protocol. This development will make it the first ever gold or silver-based token in India. The launching will go a long way to drive the adoption of decentralized financing globally.
Currently, OroPocket is amongst the DeFi forerunners that are trying to pierce into the Indian market. It is doing so by merging both intriguing tech functionalities to the cultural significance that gold currently has in India.
OroPocket is so excited about the deployment on Tezos, and this is what the CEO of OroPocket, Mohit Madan had to say, “We aim to provide the highest security possible for our users and we recognized this strength in Tezos after conducting several trials with various blockchain protocols. Furthermore, its on-chain governance feature reduces the likelihood of forking. Forking happens when there is a disagreement on improvements to a blockchain protocol, resulting in a split of the blockchain, which produces two versions of digital representations of your assets in the network. Users would then have to go through a troublesome process of having to clarify which version is valid. On-chain governance on Tezos avoids this problem altogether and allows sustainable scalability and consistency in upgradability in a constantly evolving technology landscape.”
He went on to add that, "Tezos’ comparatively low transaction fees are another key factor that aligns with OroPocket’s goal of ensuring financial inclusivity through the removal of the hefty fees commonly imposed by traditional banks. OroPocket allows users to send gold or silver to anyone across the globe within seconds at only a charge of 0.25% fee on all transactions, without any storage, insurance, or hidden fees.'
It's not news that the gas fees on Ethereum was recently increased, and orbits at 2.46 USD. Its counterpart, Tezos still has dirt cheap gas fees of under 0.01 USD. What this translates to is that it is more expensive to carry out transactions in Ethereum than on Tezos. This is one reason OroPocket is launching on Tezos. It means that Tezos gas fees are at least 380 times more affordable than what you will come across on Ethereum. The aforementioned will go a long way to ensure that the decentralized applications or solutions that are deployed on Tezos are cost effective.
OroPocket consulted TZ APAC to find out if it would make operational and financial sense to launch their platform on Tezos. TZ APAC, after thorough research, gave them the green light.
TZ APAC found out that India is a great blockchain market for decentralized platforms that are looking for adoption. The Head of Asia at TZ APAC, David Shin, made it known that if OroPocket offers their gold and silver-backed digital assets on Tezos, they will be the first one to do so, and this means they will have access to a large number of prospects in the Indian ecosystem.
Tezos India has made it known that it is ready to make the deployment a successful and seamless one, as it will offer its development tools, technical support, and community outreach activities to that effect. Under its watch, it will help OroPocket to garner sustainable growth.
Source:https://jaymartinez6012.medium.com/why-oropocket-is-also-deploying-on-tezos-blockchain-854a25526bf1
Currently, OroPocket is amongst the DeFi forerunners that are trying to pierce into the Indian market. It is doing so by merging both intriguing tech functionalities to the cultural significance that gold currently has in India.
OroPocket is so excited about the deployment on Tezos, and this is what the CEO of OroPocket, Mohit Madan had to say, “We aim to provide the highest security possible for our users and we recognized this strength in Tezos after conducting several trials with various blockchain protocols. Furthermore, its on-chain governance feature reduces the likelihood of forking. Forking happens when there is a disagreement on improvements to a blockchain protocol, resulting in a split of the blockchain, which produces two versions of digital representations of your assets in the network. Users would then have to go through a troublesome process of having to clarify which version is valid. On-chain governance on Tezos avoids this problem altogether and allows sustainable scalability and consistency in upgradability in a constantly evolving technology landscape.”
He went on to add that, "Tezos’ comparatively low transaction fees are another key factor that aligns with OroPocket’s goal of ensuring financial inclusivity through the removal of the hefty fees commonly imposed by traditional banks. OroPocket allows users to send gold or silver to anyone across the globe within seconds at only a charge of 0.25% fee on all transactions, without any storage, insurance, or hidden fees.'
It's not news that the gas fees on Ethereum was recently increased, and orbits at 2.46 USD. Its counterpart, Tezos still has dirt cheap gas fees of under 0.01 USD. What this translates to is that it is more expensive to carry out transactions in Ethereum than on Tezos. This is one reason OroPocket is launching on Tezos. It means that Tezos gas fees are at least 380 times more affordable than what you will come across on Ethereum. The aforementioned will go a long way to ensure that the decentralized applications or solutions that are deployed on Tezos are cost effective.
OroPocket consulted TZ APAC to find out if it would make operational and financial sense to launch their platform on Tezos. TZ APAC, after thorough research, gave them the green light.
TZ APAC found out that India is a great blockchain market for decentralized platforms that are looking for adoption. The Head of Asia at TZ APAC, David Shin, made it known that if OroPocket offers their gold and silver-backed digital assets on Tezos, they will be the first one to do so, and this means they will have access to a large number of prospects in the Indian ecosystem.
Tezos India has made it known that it is ready to make the deployment a successful and seamless one, as it will offer its development tools, technical support, and community outreach activities to that effect. Under its watch, it will help OroPocket to garner sustainable growth.
Source:https://jaymartinez6012.medium.com/why-oropocket-is-also-deploying-on-tezos-blockchain-854a25526bf1
UniLend Lending and Borrowing Overview As Alpha launch closes In
UniLend is a permission-less decentralized protocol that combines spot trading services and money markets with lending and borrowing services through smart contracts.
As UniLend Finance gears up towards alpha launch which is coming up in few days, here is an overview of its lending and borrowing features.
As UniLend Finance gears up towards alpha launch which is coming up in few days, here is an overview of its lending and borrowing features.
Sources:
https://www.publish0x.com/tochi-blog/why-lending-and-borrowing-is-needed-in-defi-xqogdjz
https://jaymartinez6012.medium.com/why-lending-and-borrowing-is-needed-in-defi-6dd028ba9b0d
If you are not original author and are the one published those articles. If you copied and pasted, ignored source links. You plagiarised.
If you are original author, I still advise you to leave source link to not be accused with plagiarism.
https://www.publish0x.com/tochi-blog/why-lending-and-borrowing-is-needed-in-defi-xqogdjz
https://jaymartinez6012.medium.com/why-lending-and-borrowing-is-needed-in-defi-6dd028ba9b0d
If you are not original author and are the one published those articles. If you copied and pasted, ignored source links. You plagiarised.
If you are original author, I still advise you to leave source link to not be accused with plagiarism.
I am the oriiginal author of the article, and i cant accuse myself of plagiarising my own article
When someone is preaching the good news of decentralized finance, there is a great chance that one would hear that DeFi projects are designed to take the tools and assets that are available in the traditional financial industry and ensure that they are easily available to anyone wherever they may be. Decentralized finance preaches the good news of offering the advantages of traditional finance projects while taking out their disadvantages and replacing them with the perks of decentralization.
Crypto or digital asset are similar to the assets seen in the conventional banks, but they are in a decentralized form.
Those that are in love with DeFi must have come across DeFi projects like UniLend. UniLend currently offers DeFi services like spot trading, margin trading, borrowing, as well as lending.
With the usage of DeFi loans, users can easily borrow funds without them having to go through the rigorous processes that are common in banks. Have you attempted to borrow funds from the bank? There is a great chance that you will scream in terror.
The numerous checks and how long the checks will take usually discourage borrowers from seeking out loans from traditional banks. This leaves a vacuum for DeFi projects like UniLend.
What of the issue of people depositing their funds in the bank for a long time, yet getting little or nothing in interest? This can be annoying, as banks take the money that their clients deposit and lend them out to borrowers, yet offer their clients little or nothing in return. The banks end up taking almost everything without considering their clients.
How do DeFi loans work?
For DeFi loan projects like UniLend, they add an extra means for crypto asset's holders to earn interests. Take a look at the crypto assets in your wallet. There's a great chance that it is sitting pretty there, without accruing a dime. In the end, the value may even reduce. Keeping one's financial assets be it fiat currency or crypto idle in the bank or wallet will end up being a pain to the holder, being that it doesn't bring interest but may reduce in value.
This is why DeFi loan is an attractive feature to lenders too.
When lenders lend their crypto assets to borrowers, they earn interest after a period while taking possession of their principal amount too. A great way to achieve the aforementioned is via lending pools. They can be likened to the loan offices seen in a typical bank.
Why is it special?
Apart from the benefits that come with using a typical financial institution, the likes of DeFi loan projects like UniLend also adds the benefits that come with using the blockchain technology:
• Decentralization is the gospel of this platform, combined with the fact that anonymity is a mainstay here.
• Lenders can easily earn interest by lending their digital assets to those that want them.
• Greater security for lenders and their funds.
Conclusion
If you are tired of seeing your digital assets lying fallow in your wallets, it won't be a bad idea to try out lending your digital assets on platforms like UniLend.finance
Crypto or digital asset are similar to the assets seen in the conventional banks, but they are in a decentralized form.
Those that are in love with DeFi must have come across DeFi projects like UniLend. UniLend currently offers DeFi services like spot trading, margin trading, borrowing, as well as lending.
With the usage of DeFi loans, users can easily borrow funds without them having to go through the rigorous processes that are common in banks. Have you attempted to borrow funds from the bank? There is a great chance that you will scream in terror.
The numerous checks and how long the checks will take usually discourage borrowers from seeking out loans from traditional banks. This leaves a vacuum for DeFi projects like UniLend.
What of the issue of people depositing their funds in the bank for a long time, yet getting little or nothing in interest? This can be annoying, as banks take the money that their clients deposit and lend them out to borrowers, yet offer their clients little or nothing in return. The banks end up taking almost everything without considering their clients.
How do DeFi loans work?
For DeFi loan projects like UniLend, they add an extra means for crypto asset's holders to earn interests. Take a look at the crypto assets in your wallet. There's a great chance that it is sitting pretty there, without accruing a dime. In the end, the value may even reduce. Keeping one's financial assets be it fiat currency or crypto idle in the bank or wallet will end up being a pain to the holder, being that it doesn't bring interest but may reduce in value.
This is why DeFi loan is an attractive feature to lenders too.
When lenders lend their crypto assets to borrowers, they earn interest after a period while taking possession of their principal amount too. A great way to achieve the aforementioned is via lending pools. They can be likened to the loan offices seen in a typical bank.
Why is it special?
Apart from the benefits that come with using a typical financial institution, the likes of DeFi loan projects like UniLend also adds the benefits that come with using the blockchain technology:
• Decentralization is the gospel of this platform, combined with the fact that anonymity is a mainstay here.
• Lenders can easily earn interest by lending their digital assets to those that want them.
• Greater security for lenders and their funds.
Conclusion
If you are tired of seeing your digital assets lying fallow in your wallets, it won't be a bad idea to try out lending your digital assets on platforms like UniLend.finance
REWARD TO BE ALLOCATED ON FIRST-COME-FIRST-SERVE BASIS
OKEx users who have deposited ETH or any ERC20 tokens on OKEx over the past year and registers a new account on CoinEx will receive 5 USDT as a reward immediately after completing the tasks listed here - https://announcement.coinex.com/hc/en-us/articles/360050849992-CoinEx-Allocates-Newbie-Gifts-Exclusive-for-OKEx-Users.
OKEx users who have deposited ETH or any ERC20 tokens on OKEx over the past year and registers a new account on CoinEx will receive 5 USDT as a reward immediately after completing the tasks listed here - https://announcement.coinex.com/hc/en-us/articles/360050849992-CoinEx-Allocates-Newbie-Gifts-Exclusive-for-OKEx-Users.
Brexily introduces a one stop payment platform for utilities, mobile reload, e-wallet reload and other utilities.
Check out https://brexily.com/brexco/
Check out https://brexily.com/brexco/
I've been using CoinEx for a while now, no issues, fees are cheap and loaded with quality coins. I heard they are backed by viabtc, so i'm a little bit confident about them, although i'll never advice anyone to store funds in exchanges. Brexily looks good with nice features but is still new.
start with little amount, somethingyou can afford to lose. And most importantly try using an exchange with a simple but secured user interface, exchange like coinex, master the art of trading by getting tips from pro regularly and be patient.
I'm also here to get an idea too, although i'm currently earning $50 on referral for brexily exchange. Looks good and one also have to diversify income streams. I'll read this thread carefully.
Re: FREE DESIGN Graphics - Signatures - ANN Thread - Banners - Video
Hi, if you don't mind, can you integrate NOWPayments to ease crypto payments for your services. Your designs are great.
Really loved your websites and the services you offer, you can integrate crypto gateway like NOWPayments into your websites, to enable crypto users like us pay for your kind of services.
The industrys leading stablecoin, Tether (USDT), is now available on Matic Network Layer2 to overcome Ethereums performance constraints!Rocket
$USDT is the industrys most popular stablecoin, with a staggeringly large market capitalization of over $15bn.
By utilizing Matic, users will be able to send USDT at lightning-fast speeds at a fraction of the cost of the gas fees on Ethereum. This will not only provide a superior UX, but will also assist with Ethereums congestion crisis by taking the strain from the mainchain.
$USDT is the industrys most popular stablecoin, with a staggeringly large market capitalization of over $15bn.
By utilizing Matic, users will be able to send USDT at lightning-fast speeds at a fraction of the cost of the gas fees on Ethereum. This will not only provide a superior UX, but will also assist with Ethereums congestion crisis by taking the strain from the mainchain.