What were the factors which made crucial impact about the creation of this project?
Market analysis, opportunities that we can provide |
|
|
|
DeFi Market StatsWe continue our weekly tradition of publishing DeFi market stats! The size of DeFi acutely shrunk again this week, with the ecosystem’s total value locked (TVL) declining from $58.79B to $55.25B. That’s not some major drop-off, right, but we’re certainly not in the “up only” environment we were in just a handful of weeks ago! 
|
|
|
|
By the way, is your token now available for purchase on any exchanges? It's just that I haven't been here for a long time and I might miss important news.
We will disclose all thr information regarding exchanges soon. Hi guys, do you plan to provide new platform audit? I'm really interested in this so I would like to know more about it.
The audit will be completed very soon. Till then stay tuned with us! |
|
|
|
Cryptocurrencies Are Society’s High-tech Cry For HelpThis is what Forbes Media head Steve Forbes called Bitcoin. He believes people no longer hold the same amount of trust for the traditional currencies and are instead calling for something more high-tech. It’s hard to disagree with Steve Forbes. It is evident enough: cryptocurrencies are capable of replacing traditional money in any part of the world. They have great potential as unbannable anti-inflation and anti-sanction safe haven assets. With this in mind, the popularity of cryptocurrencies are set to only become more and more popular. Every day millions of cryptocurrency transactions take place. In just a few years it will be unfathomable to imagine society without crypto. This is only the beginning, however! It is within the realm of possibility that in a few more years we go cashless all the way. Why? Because digital assets are a clearly superior option! Credefi is keeping up with the times. We are working on a crypto peer 2 peer lending platform that combines the best practices of DeFi and traditional finance. Our hybrid mechanism solves real life problems and inefficiencies of the conventional banking and finance sector, and provides unique opportunities for both borrowers and lenders. Credefi allows platform participants to invest in credit portfolios, individual credits, or do trade finance, directly through their personal wallet. 
|
|
|
|
Do you plan to provide mobile app for CreDefi? Or is it a better question when you plan to do it?
Right now, we can't commit anything. But as per the requirement and need in future we will make an announcement about it. |
|
|
|
What you need to know about the CREDI tokenWe would like to tell you about the CREDI token — we have gathered all the important information in this post so that you could find all the key details in one place! CREDI is an inflationary token used for rewards on the Credefi platform and the token used in the token sale. CREDI has a perpetual inflation of 5% based on the initial CREDI supply of 150 million tokens. An equal amount of new CREDI will be released into the system each year, meaning that the percentage Year-on-year inflation will decrease over time. The main utility function of CREDI is to act as an additional security layer for the loans issued on the platform. Users can get passive income as liquidity providers for CREDI on UniSwap or liquidity providers who deposit their xCREDI LP tokens in the security module. Stay tuned to our news to keep learning more about CREDI! And don’t forget to visit our token’s page on our website: https://credefi.finance
|
|
|
|
Let’s Talk LegalCredefi - is more than just a revolutionary project. It is also a project based on an incorporated, real business, and since our core values include security and transparency, today we would like to tell you about Credefi Ltd. and our partners. Credefi Ltd. is registered in Bulgaria, commercial registration number No.206396291, with the purpose of organizing the proprietary development of Credefi’s decentralized finance platform. This is the company we are building our project upon. We would also like to introduce our partners: Credit Plus. This company was established in 2013 with the purpose of lending in the retail and the corporate segment. The company is licensed as a financial institution that undertakes financial operations within the EU and has gone under extensive regulatory examination by the central bank. The commercial registration number is No.202475916, the license number for a financial institution is BGR00315. Credit Plus is our initial partner who will assist Credefi in our operations as a means for collateral management and liquidation, hence protecting the funds of the lenders in the platform. We are constantly expanding both the project and the list of partners. Stay tuned to our news! 
|
|
|
|
Credefi project and DeFi sector analysis The popularity of DeFi services is rising, and this claim is easy to back up with hard data. According to DeFi Pulse, the total value of funds locked in DeFi applications has grown from $300 million in early 2019 to several billion in 2021. The biggest advantages of DeFi are that it doesn’t require permission to participate, same rules apply to everyone, liquidity is ’borderless’ (you can access the market from anywhere & anytime as long as you have internet), and it’s non-custodial so you have full control over your money and you can use it the way you want. Credefi is a project in one of the fastest growing markets today. A key differentiator and factor for success is that Credefi is the only DeFi lending and investment platform that is backed by a real world regulated financial institution that already has access to a wide range of clients, projects and partners. What it means is that we have chosen the right time and the right market to bring our project to life, and you have the perfect opportunity to join us! 
|
|
|
|
Credefi will become a strong fintech foundation platformToday in the age of fast, supernova technologies credit organizations hardly introduce innovations in their work. What's the end result? The result is a system that has many disadvantages! The modern world – is primarily a financial freedom, the ability to have easy and quick access to money anywhere in the world. Credefi provides the professional tools of the credit industry to its token holders, while enabling them to manage their own funds in a decentralized way. Credefi’s solution offers its users a choice to either passively earn a yield by funding loan portfolios or lend to individuals. In the long run Credefi aims to become a market-driven, automated lending system. All of these features will be launched in three distinct phases explained in detail below. Credefi is the first project offering all the functionalities of a self-service Bank in the crypto space. Do you want to know more? Click on the link: https://credefi.finance 
|
|
|
|
Hello everybody, what's the benefits of being a holder? Is there a good benefits on it while holding?
Here are a few main advantages that users gain from using decentralized systems: • No need to trust a central authority that might be incompetent, vulnerable to attacks, or even have ill intentions. • Less censorship. Governments often restrict their citizens’ access to various websites and social media. Censoring traffic in a peer-to-peer network is much more difficult, because every package can be sent to every other node on the network, and they will relay this data further. • Most of the applications on the network are open source. Anyone can copy some or all of the code, and create their own applications with it. The more decentralized products come out, the more advantages and opportunities open up for the network users. • Proper economic incentives. Users who support the network get rewarded for it financially. The more support they provide, the more they are rewarded. Can you explain about this project? And what makes this project different from other projects?
Credefi is a project that aims to create a decentralized platform, which solves both conventional finance and DeFi real world problems. Our project serves as somewhat of a bridge between the world of DeFi and that of traditional finance, taking the best of both and combining it in one incredibly convenient and user friendly product! Credefi was designed in a way, where each participant can lend and borrow money on a decentralized platform, where the contracted interest is determined by his own individual risk appetite. Users will have the ability to not only take out and provide loans, but also invest in credit portfolios, increasing their potential earnings! In addition, Credefi will provide the means as well as new opportunities to make informed investment choices in order to bring a high rate of return, while helping those in need, but neglected by banks. Credefi has structured its native platform CREDI token to be both governance and reward generating token. Its holders will be able to suggest and vote on decisions related to the development and functionality of the platform, but will also receive rewards and benefits from utilising it on the platform. Visit our website to learn more https://credefi.finance/ |
|
|
|
DeFi Market Stats It was a down week for DeFi, as the ecosystem’s total value locked (TVL) slid from $65B to $58.79B since this point last Saturday. On the bright side, this TVL has been holding firm above $50B in recent weeks, so that’s a pretty awesome activity floor if it is, in fact, our current activity floor! 
|
|
|
|
Want to become an early $CREDI token holder?We have launched the Credefi Official Telegram Referral Campaign - this is your opportunity to be among the first ones to receive $CREDI tokens! In the upcoming weeks, we are planning to distribute $CREDI Tokens to our community in a series of events, and a portion of them may become yours! Refer friends to the Credefi Telegram Official Chat and Telegram News Channel to win $CREDI tokens! To start, visit our Telegram bot at the link below and follow the on-screen instructions: complete simple tasks and receive $CREDI tokens. ➡️ Ready to start? Click the link: https://t.me/CredefiBot ➡️ All Credefi official Telegram referral campaign rules on https://telegra.ph/Credefi-Official-Telegram-Referral-Campaign-06-13
|
|
|
|
Peech Capital and Metrix Capital have joined Credefi The relentless efforts and strong vision of the team behind Credefi have not been left unnoticed by the leading Venture Capital Funds in the industry. However, the company’s founders know and abide by the laws of synergy. That same synergy, which brings notorious cryptoverse pioneers together. This is exactly why Peech Capital and Metrix Capital have just joined Credefi on its journey to greatness. The two VC Funds have had a tremendous track record in supporting projects that truly challenge the status quo across the entire crypto space. We have published a big article about this on our Medium — don’t hesitate to follow the link and have a read: https://medium.com/credefi/yet-another-triumph-for-credefis-young-ambitious-and-critically-innovative-team-a56466bf397d
|
|
|
|
Hello everyone, I am interested in how does the current state of the market affect your project?
Even if we are entering the bear market with the top prices being behind us, Credefi's product is counter cyclical. The customers invest in stable coin, their interest is paid in stable coin, and the loans that generate the interest are not related to the crypto market. |
|
|
|
Smart contracts: how do we use it? In the Credefi project we use smart contracts in order to remove both the human factor and the possible influence of third parties that might affect the deal. It is thanks to the smart contract technology that we can guarantee the following benefits: - Automation: The use of smart contracts simplifies the process, brings speed, clarity, and precision. Cost-efficient: Smart contracts execute immediately once the terms that bind the contract have been fulfilled. - Autonomy: Smart contracts are self-sufficient, safety and security. The use of smart contracts allows us to ensure transparency. Users can always track and verify any transaction. In addition to fully automated operation that doesn’t involve third parties, smart contracts guarantee that deals are only made when all the prerequisites are fulfilled by all participants. All that will allow us to strengthen the public’s trust in our project! 
|
|
|
|
Why Credefi?This is a question we have answered a lot of times before! But today we would like to remind you about our project’s key features. So, what are our primary advantages? ☑️ Expertise. Our team is composed of international experts with strong management, financial and technical background. ☑️ High APY. We don’t do arbitrage between the lenders’ and the borrower’s agreed interest. The lenders are entitled to the entire interest of the facilities they finance. ☑️ Fair deals. We perform credit risk analysis on every application on our platform. We adjust our rating to the actual data. We help lenders and borrowers find the right balance. ☑️ Security. We will implement 3-layer security for our platform lenders. It combines a DeFi tuned risk assessment process, security module and strategic partnership with an accredited financial institution. ☑️ Decentralization. In order to achieve a true decentralised decision making and autonomous lending platform, Credefi has designed a bridge between the current financial assessment tools and decentralised decision by the market participants. We use cutting-edge technology to provide borrowers with access to decentralized finance, and for lenders to earn a consistent and fair passive income! 
|
|
|
|
DeFi Loan Market SizeThe popularity of DeFi services is rising, and this claim is easy to back up with hard data. According to DeFi Pulse, the total value of funds locked in DeFi applications has grown from $300 million in early 2019 to several billion in 2021. For the longest time MakerDAO was almost the only serious player on the DeFi market. However, the lending sector sees new projects offering new solutions pop up on a regular basis. Credefi is the world's most advanced crypto P2P lending platform, that combines the best practices of DeFi and traditional finance. Our hybrid mechanism solves real life problems and inefficiencies of the conventional banking and finance sector, and provides unique opportunities for both borrowers and lenders. Credefi allows platform participants to invest in credit portfolios, individual credits, or do trade finance, directly through their personal wallet. Those who deposit their funds to the wallet act as liquidity providers, and earn yield on their capital, which is similar to having a bank deposit, except the rate is much better! In addition to this, Credefi is actively working on security mechanisms to ensure maximum reliability for both lenders and borrowers. 
|
|
|
|
Credefi token economyFor decades the banking industry has been in the hands of a few privileged individuals who have been in charge of the world’s wealth, where no individual interest matters rather than their own. The banking industry has proven that it is not concerned with the well-being of its regular customers, while a few investment banks have been making the decisions where one’s money is going to be invested and more often who is to benefit from these decisions. Within the current crypto space, the technology of decentralization has given the means to participate in a market worldwide without regulations and central decision making. However, until now there is no project which provides the professional tools of the existing credit industry to its token holders, while being able to manage their own funds in a decentralized way and obtain high rates of return. This is where the Credefi platform comes in, offering a full spectrum of traditional banking services in a decentralized form, where the interest is determined by the customer’s own individual risk appetite. Credefi connects the willing parties in the forms of peer-to-peer lending, investment in credit portfolios, crypto swap deals, and trade finance. The Credefi token economy setup follows a state-of-art two token system with added incentives for users who contribute to the system’s stability. The tokenomics consists of: CREDI – an inflationary token used for rewards on the platform. xCREDI – a variable supply (but deflationary in the long run) token created by burning CREDI and stabilizing the Credefi ecosystem. 
|
|
|
|
|
Show Posts
