Imagine a world where you can loan money, access credit markets, trade both financial and non-financial assets, margin trade or even invest in a managed fund, all without financial institutions acting as intermediaries. Instantly and globally. How? Through Decentralised Finance.
Decentralised Finance (DeFi) is an ecosystem of financial services, facilitated through the use of smart contracts deployed on Ethereum. These smart contracts remove the need for an intermediary, creating a cheaper, faster, more secure and efficient way of providing financial services. DeFi extracts value from the traditional finance sector, where intermediaries are paid large fees to facilitate financial transactions. Being primarily built on Ethereum, ETH is required to use DeFi services, hence the adoption of DeFi will increase demand for ETH.
In this article we will give an overview of DeFi, explain what Decentralised applications are, how they relate to DeFi and its impact on the value of Ethereum.
DeFI and Gaming Network of the Future
If you're a crypto user, you're probably familiar with the terms DeFi, NFT, and Hybrid Gaming. These three protocols have been popular in the crypto industry in recent months. Users can trade cryptocurrency, receive loans, and do other things more simply and securely using DeFi. NFT is a system that uses blockchain technology to protect digital objects and allows them to be exchanged on a marketplace. Hybrid gaming, on the other hand, is a technology that enables game creators to quickly launch games on the blockchain. These three technologies, DeFi, NFT, and Hybrid Gaming, are protocols designed to meet the diverse requirements of crypto users and may be combined into a single platform, such as ETNA's. ETNA is your one-stop shop for anything related to DeFi, NFTs, and gaming. Users may utilize this page to access a variety of services, including lending/borrowing that accepts NFTs as collateral, a hybrid liquidity protocol, an all-in-one marketplace and factory for Game Assets and NFTs, and more.
ETNA operates by integrating DeFi, NFTs, and Gaming into an ecosystem that can provide consumers with a platform with user-focused technology, disrupt the crypto sector, and assist speed the mainstream adoption of cryptocurrencies.
ETNA Highlights
ETNA is a DeFi, NFTs, and gaming ecosystem that allows users to safely and conveniently borrow/loan crypto assets, exchange game assets and NFTs, and other items from a single platform. ETNA, which will be launched on the Binance Smart Chain platform, will provide customers with a platform that is quick, efficient, safe, and low-cost. ETNA has the following characteristics:
DeBank: DeBank is a lending/borrowing platform that allows customers to acquire loans secured by NFTs. ETNA members would also be able to borrow money without paying interest.
Hybrid Marketplace: A platform that allows users to exchange different crypto assets without having to keep track of several wallets. This platform combines the traditional liquidity DEX protocol with a Broker-Buyer trading mechanism.
NFT Marketplace: This platform brings together digital art makers and collectors. ETNA's marketplace allows users to swap their game assets or NFT tokens.
Gaming Ecosystem: The gaming ecosystem provides for the smooth integration of traditional games and game asset digitization processes on the blockchain. Players may participate in tournaments, watch live worldwide gaming events, or compete online with other users.
ETNA Token
ETNA is a utility token that is native to Ethereum. Because it is a utility token, users may use it for a variety of activities on the network, such as fees and payments. The benefit of owning ETNA tokens is that they allow users to borrow money without paying interest and they may stake their ETNA tokens to earn passive revenue. ETNA is available for purchase on PancakeSwap and was released on the Binance BEP-20 platform with a total quantity of 100,000,000 ETNA.
Roadmap for ETNA
The ETNA project began with research and team formation in Q1 2021. The team then introduced the DeBank lending and borrowing network in Q2 2021, which allows users to make loans and lend their assets, as well as an improvement of the NFT marketplace interface, integration of the NFT auction, an application for a Crypto and Banking license, and a listing on CEX. The team will then deploy DeBank lending and borrowing mobile applications in Q3 2021, allowing users to effortlessly borrow from their devices, build liquidity-based trading markets, integrate gaming portals, expand the game ecosystem, and form collaborations with a variety of parties. In Q4 2021, the team will release version 2.0 of the NFT marketplace, as well as P2P trading options, a marketplace for artists, an NFT cross-chain mechanism, and NFT-based synthetic commodities and applications. Finally, in Q1 2022, the team will combine fiat-crypto type transactions for all applications and financial services, as well as the issue of debit cards, the creation of all-in-one mobile apps, and other technological advancements.
Summary
DeFi, NFTs, and Hybrid Gaming are three crypto industry developments that are currently gaining traction. These three technologies address a variety of issues and demands that crypto users throughout the world face. The crypto market has become more complex and contemporary as a result of this innovation. ETNA is here to serve as a one-stop shop for anything related to DeFi, NFTs, and gaming. ETNA combines these three technologies to provide consumers a new crypto platform that is also user-centric. Users may use ETNA's numerous services, including as DeBank, NFT Marketplace, and others, to meet their different crypto demands in a secure and convenient manner.
Connect details of ETNA
WEB: https://www.etna.network/
TELEGRAM: https://t.me/EtnaNetwork
TWITTER: https://twitter.com/EtnaNetwork
AUTHOR
Forum Username: ngapayak
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2602213
Telegram Username: @ngapayk
BEP-20 Wallet Address: 0x7834d69b8a3A47A2c63b8f77367FD4Dd7f2fE774