kenvin911
Copper Member
Newbie
Offline
Activity: 10
Merit: 0
|
 |
August 22, 2020, 07:55:04 PM Last edit: August 26, 2020, 08:38:59 PM by kenvin911 |
|
Paradefi. Paradefi is a pool-based decentralized lending platform in which borrowers and lenders interact with each other based on a smart-contract algorithm. The Paradefi Foundation aimed at creating a non-custodial decentralized borrowing and lending platform in which every loan activities and procedures can be easily securely done within a few seconds by using the advance of the blockchain technology. The platform is well-developed to a non-human control where all the annual percentage yield (APY) is defined by supply and demand. Official website: http://www.paradefi.com Decentralized Pool-Based Strategy. This is the improvement of a decentralized P2P lending module in which caused many barriers with direct deals matching mechanism. Both lenders and borrowers will interact with each other by a pool contract, all assets are stored in a secure pool, and APY is technically defined by the supply and demand. Once a borrower places collateral, they can borrow an instant loan without matching with any lenders Fiat On-ramp And Off-ramp. Paradefi is the pioneer in the defi space that enable liquidity for the fiat on-ramp and off-ramp, the liquidity from crypto to fiat and opposite has been the barrier for years. Moreover, direct liquidity from the decentralized can help citizens to avoid being scammed by dealing with other crypto dealers. Even when the Dapp is not officially launched yet, but the Paradefi team has successfully integrated with over 50 currencies worldwide, a majority comes from the world’s most crypto-friendly countries. Paradefi securely resolves this issue, so liquidation is the key to any mass adoption. Paradefi Token. Paradefi token (PRT) will be spreadly used in our ecosystem and products, and at the fundraising stage, PRT will be a speculative asset for our pioneer holders. Our total fund target is only over 1m$ for the development of the project, it is managed to take 4 rounds, 2 for the seed rounds, and other for private and public sales. Seed rounds can be canceled at any time A pool of PRT is dedicated for the Dapp platform, the team has decided 30% of the total supply for the decentralized lending platform. PRT is prioritized and utilized widely in the platform, PRT offers better interest rates and loan value. Governance TokenLaunch A Beta Version Of Governance on the Ropsten Testnest - Govern the ecosystem by a vote To increase the role of the community in the Paradefi decentralized platform, the team has been building a user-friendly governance interface for Paradefi Ecosystem, that has been one of our accomplishment to be completed Big PRT holders also have rights over the governance, all the decisions and changes can be done by the votes from PRT holders.
|
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
|
|
|
qwertyup23
|
 |
August 23, 2020, 02:29:49 PM |
|
After checking the link to the website you posted, it seemed like it was down or the website is empty. Kindly check if it's working as intended. In addition, kindly post all the necessary details of your project (i.e. whitepaper, project team, etc.) for curious and potential buyers. Thanks! 
|
|
|
|
SCORSONEE
Newbie
Offline
Activity: 5
Merit: 0
|
 |
August 24, 2020, 01:31:41 AM |
|
This project need more clarity.Without having proper information how any one would be interested.First need to fix or whatever your site.And then you should provide your whitepaper.
|
|
|
|
terciduk123
|
 |
August 24, 2020, 04:32:35 AM |
|
Waiting for a response from the Paradefi team. until now the website has not been accessible and not much information has been displayed. The link to Paradefi's twitter account is also inaccessible, please fix it.
besides that, is it true that Paradefi Oracle Network Powered by Chainlink?
|
██████████████████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | | YIELD | ██████████████████████████████████████████████████████████████████████████████████ . .
██████████████████████████████████████████████████████████████████████████████████ | | | | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████████████ |
|
|
|
TommyGunnaB
Newbie
Offline
Activity: 58
Merit: 0
|
 |
August 24, 2020, 09:20:34 AM |
|
Paradefi’s mission is to make DeFi accessible, scalable, and transparent to the global. Integrating with Chainlink’s Oracle Solution will bring real-world data on any events happening in the system securely and accurately.
|
|
|
|
PARIVEENN
Newbie
Offline
Activity: 10
Merit: 0
|
 |
August 24, 2020, 10:38:29 AM |
|
Paradefi’s mission is to make DeFi accessible, scalable, and transparent to the global. Integrating with Chainlink’s Oracle Solution will bring real-world data on any events happening in the system securely and accurately.
Open Finance movement takes this promise a step further, So it's better for the decentralized finance.
|
|
|
|
reap_chain
Copper Member
Newbie
Offline
Activity: 84
Merit: 0
|
 |
August 24, 2020, 10:58:50 AM |
|
The Paradefi Protocol was created to resolve all the deficiencies and issues cause by the centralized financial institutions worldwide and aimed to create an open-source and non-custodial decentralized platform in which all the operations are based on the decentralized lending pool.
|
|
|
|
RUOFERTT
Newbie
Offline
Activity: 12
Merit: 0
|
 |
August 24, 2020, 11:39:53 AM |
|
Defi is controlled by large networks of computers, not central authorities. Many investors use bitcoin like gold, as a store-of-value investment that protects against inflation, while Ethereum has been instrumental—and controversial—in helping startups crowdfund their operations. Paradefi will enhance and expand it's area of usability.
|
|
|
|
CARRIO
Newbie
Offline
Activity: 10
Merit: 0
|
 |
August 24, 2020, 12:44:39 PM Last edit: August 24, 2020, 12:56:30 PM by CARRIO |
|
Without the full information how can anyone will be interested on it.Your site can't accessible. Devs need to be serious on it and fix it soon.
|
|
|
|
KLEPACKII
Newbie
Offline
Activity: 9
Merit: 0
|
 |
August 24, 2020, 02:30:37 PM |
|
The Paradefi Protocol was created to resolve all the deficiencies and issues cause by the centralized financial institutions worldwide and aimed to create an open-source and non-custodial decentralized platform in which all the operations are based on the decentralized lending pool.
Imagine a global, open alternative to every financial service you use today. savings, loans, trading, insurance and more . accessible to anyone in the world with a smartphone and internet connection.
|
|
|
|
MEHALLA
Newbie
Offline
Activity: 10
Merit: 0
|
 |
August 24, 2020, 04:22:55 PM |
|
Don't you think that if the price rise than it can be tough who borrowed the money.Might he/she have to pay a lot for what they borrowed.Demand Supply is very unstable thing. to predict the future and pay back ..... 
|
|
|
|
putudavid
Newbie
Offline
Activity: 5
Merit: 0
|
 |
August 24, 2020, 05:36:08 PM |
|
the biggest risks of DeFi applications is,The smart contracts could be hacked.There could be a backdoor that allows someone to steal all of keys. What is the backup plan for this you have.Because we have to trust this and we need reason for that.
|
|
|
|
target
Legendary
Offline
Activity: 1918
Merit: 1036
|
 |
August 24, 2020, 05:56:19 PM |
|
I thought it was just an error since last 2 days but its website still what it is but empty, DNS is not even set. Upon looking it up its just registered last month - 2020-07-21. https://who.is/whois/paradefi.com Its a lending and borrowing platform like they said in thier medium articles. the biggest risks of DeFi applications is,The smart contracts could be hacked.There could be a backdoor that allows someone to steal all of keys. What is the backup plan for this you have.Because we have to trust this and we need reason for that.
If they are going to be in a hurry to join the defi hype, there will be more risk. They better audit thier codes else it will end up like YAM.
|
|
|
|
LUCADOA
Newbie
Offline
Activity: 7
Merit: 0
|
 |
August 24, 2020, 06:06:12 PM |
|
I thought it was just an error since last 2 days but its website still what it is but empty, DNS is not even set. Upon looking it up its just registered last month - 2020-07-21. https://who.is/whois/paradefi.com Its a lending and borrowing platform like they said in thier medium articles. the biggest risks of DeFi applications is,The smart contracts could be hacked.There could be a backdoor that allows someone to steal all of keys. What is the backup plan for this you have.Because we have to trust this and we need reason for that.
If they are going to be in a hurry to join the defi hype, there will be more risk. They better audit thier codes else it will end up like YAM. While the DeFi movement has many fans, some traders don’t think it will move the needle on cryptocurrency adoption.
|
|
|
|
gob7i9ne
Newbie
Offline
Activity: 34
Merit: 0
|
 |
August 25, 2020, 12:45:44 PM |
|
To join the IDO sale, you need to have some eth in your wallet, then transfer it to Metamask wallet, and only Metamask is accepted during the IDO
|
|
|
|
lizarder
|
 |
August 25, 2020, 07:30:00 PM |
|
To join the IDO sale, you need to have some eth in your wallet, then transfer it to Metamask wallet, and only Metamask is accepted during the IDO
How can they hold an IDO, while their main website is currently in trouble and people who want to join are definitely not from among the new investors who see DeFi project right away, I think those who want to join this IDO seem to be carefull.
|
|
|
|
didzi
Sr. Member
  
Offline
Activity: 1022
Merit: 250
Digital Finacial Exchange
|
 |
August 25, 2020, 09:37:55 PM |
|
After checking the link to the website you posted, it seemed like it was down or the website is empty. Kindly check if it's working as intended. In addition, kindly post all the necessary details of your project (i.e. whitepaper, project team, etc.) for curious and potential buyers. Thanks!  exactly! the site can't be reachead at this moment and the team should fix it as soon as possible, if not this project will be dead before born
|
|
|
|
CaVO32
|
 |
August 25, 2020, 10:44:35 PM |
|
I thought it was just an error since last 2 days but its website still what it is but empty, DNS is not even set. Upon looking it up its just registered last month - 2020-07-21. https://who.is/whois/paradefi.com Its a lending and borrowing platform like they said in thier medium articles. the biggest risks of DeFi applications is,The smart contracts could be hacked.There could be a backdoor that allows someone to steal all of keys. What is the backup plan for this you have.Because we have to trust this and we need reason for that.
If they are going to be in a hurry to join the defi hype, there will be more risk. They better audit thier codes else it will end up like YAM. And I am noticing that there are a lot of newbies who are posting here saying positive statements and yet their website is still down. The OP has not come back yet to clarify things. How are they going to hold their seed round on their website this coming 27th if they are not yet up and running? And yet, we will find out later on that they got their funds, how? Manipulation of numbers? 
|
|
|
|
Fujiati
Full Member
 
Offline
Activity: 628
Merit: 111
Exchase.io | All-in-one Exchase FinTech Ecosystem
|
 |
August 25, 2020, 10:49:28 PM |
|
After checking the link to the website you posted, it seemed like it was down or the website is empty. Kindly check if it's working as intended. In addition, kindly post all the necessary details of your project (i.e. whitepaper, project team, etc.) for curious and potential buyers. Thanks!  exactly! the site can't be reachead at this moment and the team should fix it as soon as possible, if not this project will be dead before born This is really weird, while he say in another thread in altcoin discussion, in the opening paragraph something about paradefi has 8 months development. it was obvious that it was just nonsense sentence. See https://bitcointalk.org/index.php?topic=5270725.msg55047375#msg55047375
|
|
|
|
SARAFIANN
Newbie
Offline
Activity: 8
Merit: 0
|
 |
August 26, 2020, 08:51:51 AM |
|
The two parties must enter into a formal legal agreement that would define terms such as repayment schedule, interest and other necessary conditions. Through an integration with OpenLaw, a project to create legal contracts recorded on a blockchain, these terms can be formalized on-chain.
|
|
|
|
|