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Author Topic: CRD Network-A DeFI bridge between crypto & legacy finance  (Read 507 times)
CRD Network
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August 11, 2021, 06:24:34 AM
Last edit: August 11, 2021, 07:05:59 AM by CRD Network
 #1

What is CRD NetworkCool?

Major financial institutions take advantage that they are an oligopoly as high barriers to entry typically rule potential competition out. At least this was the case until recently with the advent of DeFi via Ethereum-based smart contracts.

However, despite being an excellent proof of concept Ethereum is too unwieldy. It remains unusable for small, everyday transactions, as gas fees might often be far in excess of the value of the operation.

Not only that, but they’re subject to fluctuate considerably throughout the day. This means that if you build a DeFi service on the Ethereum mainnet, your operating costs might well change up to 400% on a given day. In other words, the same transaction with the same assets might be profitable one hour, but lose money the next.

Consequently, the CRD Network was built on top of the Ethereum mainnet as a means to settle transactions at semi-stable rates and lower fees. This is done by settling locally where possible, and “packaging” external transactions to execute on the mainnet and thereby vastly reducing costs, instead of doing each transaction separately.

We also place a special emphasis on remaining legally compliant by following the regulatory frameworks provided to us by our legal partners. In other words, we can withstand the coming crypto regulatory crackdown, as we already adhere to legal best practices, unlike most crypto projects out there.

We are already in the process of brokering deals with major international financial institutions, which were attracted to our ecosystem due to the fact that we prioritize legal compliance .



Overall, if you want both your traditional finances and crypto holdings in one space, while also being able to considerably lessen the legal and tax risks associated with misusing DeFi, then the CRD Network is the answer to your problems.

That’s why the CRD Network is special!


---CRD Network Ecosystem---

KYC DeFi onboarding as a service Cheesy

Creators Bank Shocked

BitClout Integration Cool

NIFTIT Grin

-----Tokenomics Of CRD-----


Type: ERC-20

Ticker: CRD

Total supply: 1,000,000,000 CRD (fixed)

Token contract: 0xcaaa93712bdac37f736c323c93d4d5fdefcc31cc



----Start earning yield with CRD----

Liquidity Pools - CRD is designed for easy convertibility into more mainstream crypto like Ethereum (ETH). Users can help the liquidity of the CRD by lending their currency to a smart contract known as a “Liquidity Pool” and earning 0.25% of every exchange that happens in the protocol. .

Master Node Operators - If you feel competent in your technical skills, you will soon be able to provide 1M CRD as collateral and run a Node on the CRD Network. You’ll then be able to process and confirm internal system transactions, and for your service, you’ll receive a percentage of the fees charged in the operations you validate.

Staking - This is a means by which you will be able to vouch for Master Node Operators, and use your CRD holdings to delegate for a particular node. Master Node Operators will then receive more transactions to validate and will be able to offer a percentage of accrued fees as a reward.

Our Whitepaper-https://www.crdtoken.org/whitepaper

website:https://www.crdtoken.org/

Our Socials:

Twitter:https://twitter.com/CRDNetwork
Telegram:https://t.me/CRD_official_EN
Medium:https://medium.com/crd-network
CRD Blogs:https://www.crdtoken.org/blog
Bitclout:https://bitclout.com/u/CRD?feedTab=Global



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JonsonMorris
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February 19, 2022, 12:55:51 PM
 #2

CRD Network is built on Hyperledger Besu & its ERC-20 token, CRD crypto coin. Because of CRD Network's conformable design, interoperability between on-chain & off-chain transactional and Know Your Customer (KYC) data is achievable. The Network provides a plug & play solution for Decentralized Applications (dApps) to control with current and upcoming KYC regulations across blockchains, as well as permitting decentralized protocols to access off-chain data similar as credit scores, proof of asset reserves, and transactional data companied with distinct wallet addresses. Thanks to the CRD node, users may nowadays pass their KYC once and have access to decentralized protocols without having to pass it several times.
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February 25, 2022, 01:32:51 AM
 #3

To bridge the gap between centralized and decentralized financial systems, the CRD network has been created as a sidechain. They want to apply the blockchain to store real-world data like financial records and banking transactions. Oracles, smart contracts and Decentralized application (dApps) can enter the data once it has been anonymized. CRD Network (CRD) is powered by Hyperledger Besu, an Ethereum-based commercial blockchain. With multiple CRD nodes and APIs, they can transmit ordinary financial data to the blockchain without compromising the identity of its consumers. The regulation of the Decentralized finance (DeFi) industry is presently a major challenge. As a result, investors are rarely reimbursed for their losses in scams and rugpulls that continue to make headlines. To overcome this trouble, CRD intends to bridge the gap between on-chain and “offline” economies by creating frameworks. Real-world data similar as financial history, actual assets, and compliance data are made compatible with Web3.0 CRD can produce a GDPR and AML conformable environment that reduces conflict between users and the Web3.0 with this.
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February 28, 2022, 01:04:58 AM
 #4

CRD Network (CRD), a sidechain concentrate on reflecting the value and data of real-world assets, financial history, banking transactions on the blockchain and making this information anonymized and usable by oracles, smart contracts and Decentralized Application (dApps).
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March 03, 2022, 09:05:29 AM
 #5

At CRD Network (CRD), their target to bridge the data gap between on-chain data & the offline economy.
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March 05, 2022, 05:25:30 PM
 #6

Have you ever heard about Decentralized Finance (DeFi)? If not, here is the exact video for you. From this video, you'll determine all you require to know about DeFi. And when we speak about Decentralized Finance (DeFi), Ethereum (ETH) is on platform. Do you need to know why? Watch the below video to discover how people can be in full control of their financial life.

Watch: What is DeFi | DeFi Explained | CRD Network
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March 06, 2022, 03:11:02 AM
 #7

From this video, you'll learn how (Decentralized Finance) DeFi lending works, and how it differs from traditional lending. (Decentralized Finance) DeFi  is reshaping the financial landscape, making it more democratic, but at the same time, it provides you further responsibilities.
 
So, watch the video to learn what to consider if you require to be a part of the DeFi lending and borrowing world.

Watch: https://www.youtube.com/watch?v=iIBEtCKxsTo.
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March 11, 2022, 02:51:22 AM
 #8

Have you heard about smart contracts & require to sustain more? With this video you will learn why smart contracts are significant for DeFi & how they work.

Watch: https://www.youtube.com/watch?v=WMXq69LVkG4.
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March 13, 2022, 06:55:55 AM
 #9

The SushiSwap saga is the surprising story of how Sushi was launched with a vampire attack. But what's a vampire attack? And will other DeFi protocols use this technique? If you would like to know more, watch the video!

Watch: https://www.youtube.com/watch?v=NVUThQ6HSbM
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March 15, 2022, 01:19:56 PM
 #10

Yield Farming is exactly a technique to earn interest on your cryptocurrencies. By sharing in yield farming you'll make markets more liquid and give networks with new lending and borrowing chances. Would like to know more about it? Just watch this video!

Watch: https://www.youtube.com/watch?v=d0D-RwUy8xg
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March 21, 2022, 04:56:39 PM
 #11

Want to experience further about UniSwap and the 1st Vampire Attack in Decentralized finance (DeFi) history? Watch the video! UniSwap is one of the most favorite decentralized exchanges (DEX) and it went through numerous stages. One of these stages is the Vampire Attack that led to the launch of SushiSwap! Ready to experience further about UniSwap and the history of Decentralized finance (DeFi)?

Just watch the video! - https://www.youtube.com/watch?v=Tb2v3vhLKZg



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March 30, 2022, 01:37:24 AM
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CRD Network (CRD) partners with Chainlink for interoperability of KYC data across Decentralized finance (DeFi) platforms - https://www.youtube.com/watch?v=etnmBuNIIkw.
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April 01, 2022, 04:14:18 PM
 #13

We are thrilled to declare our latest cooperation with API3, an API for the Web3.0 economy🤝. This cooperation will see CRD Network integrate API3's Airnode to strengthen its proof of reserve standards🔥. And gain real world data to Decentralized finance (DeFi).

Read Further - https://crd-network.medium.com/crd-network-partners-with-api3-to-bring-real-world-data-into-the-defi-market-883da06c42f0.
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April 03, 2022, 04:04:30 AM
 #14

As the cryptocurrency industry quickly expands, protocols require to comply with regulatory standards.

The regulatory standards include KYC, CFT, AML, & Proof of Reserve standards.

🎯And at CRD Network (CRD), enforcing compliance is what we aim to do.
CRD Network
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April 08, 2022, 04:49:49 AM
 #15

Lending and adopting in Decentralized finance (DeFi) comes with financial risks like as: Random liquidation, Smartcontract susceptibility & Unaccountability by protocols. But with CRD Network’s proof of reserve module, responsibility can be achieved.
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