In the Greek Mythology, Cyclops made their home on Mount Etna, hence the name was a perfect fit for Cyclops Finance’s migration onto BSC. Etna is a Decentralized Lending system that allows users to lend, borrow with ease whilst combining it with a Broker-buyer type marketplace.

Etna’s lending feature allow users to take out collateralized loans at fix interest rates or variable interest rates. Leveraging on ETNA Tokens, users would further be able to fully or partially cancel out interest fees on any active loans. That means, ZERO INTEREST Loans are no longer a dream.

Lending/borrowing feature also allows the use of whitelisted NFTs as collateral for loans.(Feature to be developed in the future)

WHY ETNA?

OUR TECH

Our DeFi technology is a combination of the two largest DeFi-type applications, these application are as follows:

• Lending and borrowing: ETNA offer users a lending and borrowing feature.

• A hybrid crypto marketplace: A combination of the conventional liquidity DEX protocol and a Broker-Buyer type trading mechanism.

OUR PEOPLE

ETNA have been working closely with highly experienced blockchain developer and team members. Key members of the team include:

• Development Lead and Consultant: Working with professional blockchain developer.

• Architecture and Scalability Optimization Engineer: Working with experience Architecture Engineer.

• Co-Founder and CEO: With a Masters degree in applied mathematics and a background in engineering.

Etna’s Aim and Approach

Cyclops Finance is currently running on the Ethereum Protocol. However, with High gas fees and slow confirmation times raining on the parade, a venture into the cost-effective and high speed BSC seemed like a no-brainer.

With Oxbull.Tech’s assistance, Etna now aims to raise 3,000 BNB (Soft cap 1,000 BNB) worth of funding to aid in staff expansion as well as development in the areas of:

Platform Rebranding

Crypto License application
Integration of payment gateway
Development of the Broker-Buyer marketplace Hybrid model
Development of an all-in-one Mobile app/wallet

Team’s allocation is locked for 2 years, 5% emission quarterly after 2 years
Partnership and development fund is locked up. Max. of 10% can be emitted at a time and on community vote
Foundation allocation is locked. Committee is set and community votes for any unlock
Remaining Pre-sale tokens to be burnt in the event where Soft Cap is not met. Listing will continue to be done, but a a lower Market Cap Value.
Etna’s Current Roadmap Q1 sees the following:

Token Presale, and migration to BSC
Listing on DEXs and CEXs
Deployment of Lending and Borrowing platform on BSC
Integration of Liquidity-Earn Yield Farming feature
Leveraging Feature for interest fee reduction/cancellation
Platform rebranding
Partnership and Expansion

Source :

How and Where to Buy ETNA Network (ETNA)?

ETNA has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy ETNA

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)

Information about this project below:

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

Proof Of Author

➡️Bitcointalk Username: P5GCMX
➡️Bitcointalk Profile Link:https://bitcointalk.org/index.php?action=profile;u=2749544
➡️Wallet: 0xd8Ff316DF1fA2b4993eF205EfB252C7573F75ad1