Cryptocurrencies and blockchain technology offer many advantages over conventional assets – particularly in times of crisis – the most important of which is their decentralized nature. The DeFi ecosystem is flourishing and unlocking a parallel financial system that is setting new standards for access, resilience, and transparency.
NFTs have exploded in popularity in recent months as they are upending the rules of digital ownership. They have become so popular because digital collectibles can come in almost any form, providing artists and content creators a unique opportunity to monetize their work.
About ETNA Network
We know about “Cyclops Finance” this is a а blockchain organization thаt started аѕ а Hybrid gaming biological system wіth а plan tо coordinate in-game NFT resources іntо а Decentralized acquisition аnd borrow stage. ETNA Network is a one-stop shop for all things DeFi, NFTs, and gaming. User-centered technologies that will revolutionize the crypto space and aid in the adoption. Cyclops Finance is a blockchain company that started out as a Hybrid gaming ecosystem with plans to integrate in-game NFT assets into a Decentralized borrowing and lending platform. Enabling a seamless integration of finance and gaming on the Ethereum Protocol.
ETNA Lending and Borrowing Functions: The trading platform that also includes lending and borrowing sequences is named ETNA. This dedicated platform runs on the tenets of the Binance Smart Chain and aims to support the adoption of the DeFi technologies. ETNA's adoption of the DeFi technology is done to deliver customer-centric solutions. Lending and Borrowing on ETNA is programmed to be simpler and supports a larger extent of use cases. On ETNA, the users can secure a loan against NFTs as a collateral. So, any NFT owner can provide their NFT to the lenders and get a loan. For users staking the native ETNA tokens as collateral for the loans, no interest rates are charged. When it comes to the DeFi-oriented aspects of the platform, users can now lend and borrow, transact in the marketplace, and engage in regular contests to earn rewards.
Features of ETNA:
Conglomerates Marketplace:- ENTA offers its users unrestricted access to trade on all available cryptocurrencies using the Broker buyer type exchanging process. Through this, exchange products and remittance access interspersed enables ETNA users to perform trading with no need to own many cryptocurrency wallets
Borrowing And Lending:- ETNA presents its users the avenue to borrowing and lending using NTF as security for a loan, of which it's the first platform that gives its users such access. Also, there's less interest attracted to the lending, and no interest for lending is taken when ETNA token is used as the security for the lending.
Monthly Return On Assets:- ETNA makes it possible for its users to have 18% annual percentage yield for every BUSD deposited. Also the user gets rewarded with ETNA tokens. For instance if a user deposits 100busd, the user receives 10 ETNA tokens monthly and 18% annual yield return on the deposited stable coin.
Also users can earn about 27% annual percentage yield of any amount of ETNA deposited by the user.It doesn’t end on gaining returns on deposits, ETNA has made it possible for its users to earn 50% annual percentage yield and bonuses when the user uses the liquidity-Earn feature to farm ETNA.
ETNA Token Sales & Exchange Listing: Etna has performed its exceptional token sales on a pool of renowned platform with the prospect of serving as a security token. Etna was sold during its ICO on Pancakeswap where ETNA is supported with BNB, ETH, BTC, BUSD USDT and DAI. Pancakeswap is another DEX which is adopted by up coming ICO projects whereby its later Listed & traded on Cointiger, MXC & Pancakeswap with an expectation on more tier 1 and 2 exchanges underway.
Tokonomics:
Token Name: ETNA Network
Token Ticker: ETNA
Network: Binance Smart Chain
Total Supply: 100,000,000
Staking 40,000,000
BBT Marketplace 30,000,000
Fund Allocation:
Presale 10,000,000
Liquidity 6,000,000
Team 3,000,000 (locked for 2 years)
Development Fund 5,000,000
Partnership 5,000,000
Foundation 2,000,000
Contact Information:
Website: https://www.etna.network/
Whitepaper: https://www.etna.network/assets/ETNA.pdf
Twitter: https://twitter.com/EtnaNetwork
Telegram group: https://t.me/EtnaNetwork
Telegram channel: https://t.me/EtnaChannel
Discord: https://discord.com/invite/dbuEXdm
Youtube: https://www.youtube.com/channel/UCgkP_qjdYSZ8iesrz5kK0YQ
Author:
User Name : mirakuru79
BTT profile : https://bitcointalk.org/index.php?action=profile;u=2583798
BSC Wallet : 0x1DaE8E4504470aEa35216CC67b4B7199bE951821