Quatre’s Game-Changing Decentralized Lending Platform
Never heard of a “Decentralized Lending Platform.”
Let me break it down for you really quickly.
What is Defi?
Defi is an abbreviation of the phrase decentralized finance which refers to digital assets and financial smart contracts, protocols, and decentralized applications (Dapps) built on Ethereum and other block chains.
In order to access the traditional financial products, users have to trust intermediaries such as banks and brokerage firms. However in blockchains such as Ethereum, users can access the network directly, so there is no need for intermediaries to provide trust.
Basically, The Goal is to enable an alternative financial system that is built bottom-up, completely decentralized, censorship-free, low-fee, fully automated, and without counterparty risk.
Within today’s data-centric world, the largest sector for decentralized applications (dapps) has been lending and borrowing crypto assets.
Decentralized lending platforms allow anyone, anywhere, to share and borrow with the requisite of a wallet. DeFi lending platforms serve as the newest financial service enabler, all while implementing the security and trustless benefits that blockchain and cryptocurrency provide.
DeFi lending allows investors and lenders to issue loans or deposit fiat for interest through a distributed and decentralized application system. This is a captivating option through the eyes of lenders because it allows them to earn a relatively low-risk interest on existing holdings without having to authorize their information to 3rd party services.
In the past few years, the marketplace has seen even more valuable and innovative decentralized lending platforms. The ability to lend and borrow assets among completely open applications has created a fundamental breakthrough for the future of finance and cryptocurrency.
Defi usage is growing The decentralized finance ecosystem is witnessing explosive growth and this is the time to Join in.
In the coming years, Defi will transform industries. A McKinsey report suggests there will be massive disruption.
Globally, Quatre strives to be one of the major hubs for cryptocurrency businesses. We have a mandate to bring new crypto related businesses to Africa, help create jobs and boost its GDP to prepare its economy and financial system for the future.
We have created a unique structure in Quatre that allows us to actively trade and hold Defi tokens for our users.
Watch this space as you learn more about what is coming.
Quatre Finance
Revolutionary!!!
