The value of digital assets locked in DeFi protocols has climbed from $1 billion in 2019 to $15 billion in 2020, according to the DeFi Pulse study. And then there’ll be another spurt of growth, this time to $87 billion by May 2021. DeFi, on the other hand, is still in its early stages of development. As a result, many crypto fans believe DeFi is the future of blockchain.
DeFi is, in reality, financial instruments in the form of services and applications produced and based on the blockchain to become a replacement for the present banking sector and financial system with open-source protocols.
To put it another way, the public will have access to decentralized financing, new investing platforms, and the ability to earn passive income from bitcoin assets.
As a result, the FINZ Platform was developed by Singapore-based FINZ CAPITAL PTE. LTD has entered the market.
FINZ is an all-encompassing FinTech platform. It’s a premium brokerage created just for DeFi apps and consumers.
The platform is built on the FINZ Protokol, which FINZ CAPITAL PTE. LTD developed. The FINZ Protokol is a pool-based financial infrastructure that will democratize borrower financing and make it more efficient for everyone involved.
The Project provides a variety of unique benefits to its users, including:
- Earn interest on the money they’ve lent out.
- Borrow assets from a pool and repay the pool with interest.
- Direct trades out of the pool allow for collective action and effective capital allocation.
- They may access more complicated instruments using their pool’s assets as collateral.
- Furthermore, through the Affiliate FINZ Program, each investor may share their experience with others while also earning an additional income from your investment.
FINZ CAPITAL PTE. LTD, led by CEO Mason Brown, will conduct a presale of the FINZ utility token for $2,500,000 to assure platform operation and realize the stated goal – specifically, to construct and grow a unique prime brokerage firm in the blockchain and DeFi industry.
The FINZ Token allows users to join FINZ’s aim of bridging the gap between traditional banking and the new monetary world powered by blockchain and cryptocurrencies.
As a result, the FINZ initiative is the brainchild of FINZ CAPITAL PTE. LTD has every opportunity to become a rising star in the DeFi sector and shed fresh light on it.