ETNA Network, launched its lending protocol on the gaming mainnet , in the first step towards BSC-backed lending.

in #etna3 years ago

image.png

In the coming years, we will see DeFi becoming the underlying layer for most of our digital lives, whether investing in markets, playing online games, interacting and exchanging on new social media platforms, collecting art, or even purchasing real-estate. DeFi is meshing into the fabrics of traditional finance and will soon govern how transactions take place. More and more institutions are starting to adopt and recognize the advantages of crypto-economic systems.
Beyond the DeFi native assets like liquidity pool (LP) and governance tokens, DeFi will create unique mechanisms for value transfer with new assets flowing in, such as data tokens, social tokens, non-fungible tokens, and many more. In this series, we will explore the interactions between some of these new token primitives entering the DeFi ecosystem.

Let’s start with non-fungible tokens or NFTs, which are gaining a lot of traction with the new generation of crypto investors and enthusiasts.
The NFT market generated over $350 million in sales over the past month.

NFT is a fairly technical term but is gaining wide recognition with the artists’ and the collectors’ community globally. Apps like NBA Topshot, bands like Kings of Leon launching an album as NFTs, and artists like Grimes selling $6M worth of digital art, are all creating a movement leading to mainstream awareness.

About ETNA.Network

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.

  • ETNA’s DeFi product combines a hybrid banking network, the first to support the use of NFTs as collateral and a hybrid liquidity protocol with enhanced user experience facilitated by our novel broker-buyer type trading feature.
  • ETNA’s NFT Factory is an all-in-one marketplace and factory, it is the first NFT marketplace that facilitates spot trading of supported assets. The factory allows creators to easily mint digital assets and showcase them to collectors.
  • ETNA’s gaming ecosystem is developed to bridge the gap between decentralized gaming applications and conventional ones. With our tech, developers of conventional games are able to deploy such games on the blockchain easily.

image.png

  • ETNA Network is an ecosystem for DeFi, NFTs, and gaming, which makes it simple for clients to borrow/lend crypto assets, trade game assets and NFTs, or different things from one platform securely and without any problem. Dispatched on the Binance Smart Chain platform, ETNA will furnish clients with a quick, effective, secure, and cheaper platform. ETNA is equipped with the following features;

  • Bank: Lending/borrowing platform that permits clients to get credits with NFTs as insurance. Furthermore, for ETNA holders, they will get the chance to borrow without interest.

  • Hybrid Marketplace: A platform that makes it simple for clients to trade numerous crypto assets without the need to have different crypto wallets. This platform is a combination of the ordinary liquidity DEX convention and a Broker-Buyer type exchanging system.

  • NFT Marketplace: On this platform, digital workmanship makers and authorities can assemble. Clients can trade their game assets or NFT tokens on the marketplace given by ETNA.

  • Gaming Ecosystem: The gaming Ecosystem permits consistent combination of ordinary games on the blockchain and game asset digitization components. Here clients can get to competitions, live

BENEFITS OF USING ETNA PLATFORM

For every stable coins deposited,18% APY will be achieved.
Plus 50 ETNA in additional bonuses for every 500 Stable coins deposited.
This means if a user deposits 10000busd, the user gets 18%al APY in BUSD and 1000 ETNA in bonus monthly
3)Interest-free loans when collateral used is ETNA
4)When ETNA token are Deposited, user will earn up to 27% APY
Farm ETNA in our Liquidity-Earn feature and earn up to 50% APY plus bonuses
ETNA is already listed on pancakeswap!

TOKEN INFORMATION

NAME= ETNA
TOTAL AMOUNT: 100 000 000
WAGERING: 40 000 000
PRESALE: 10 000 000
BBT MARKET: 30 000 000
LIQUIDITY: 6 000 000
PARTNERSHIP:5 000 000
DEVELOPMENT = 5 000 000
TEAM: 3 000 000
FOUNDATION: 2 000 000

ALLOCATION

60% development to rebrand the system, get license to operate and finally build an all-in-one wallet.
40% growth to recruit creative individuals, on the ETNA team to help improve the system.

The official website of the project on the social network:

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:

UserName: GRUNGE312
Profile BTT: https://bitcointalk.org/index.php?action=profile;u=2753884
Wallet: 0xfaf063ef231f651bf0a381cbf1a404f554165868