Your new oppotunity in DeFi

Torch
2 min readSep 2, 2020

--

Torch effectively promotes Defi financial prosperity.

Torch is the most innovative Defi project, and we believe it will effectively promote Defi financial prosperity and development. As a result of COVID-19, the global economy has been hard this year.But thanks to the super-fast development of blockchain technology, let’s take note of the growing prosperity of the Defi ecosystem.

Torch differs from most Defi projects.

In particular, we added small loans and unsecured loans to Torch, which was bold idea which required a broad credit rating system.

However, we would try our best to cooperate with the Chanlink team, which will be a good solution for our technical challenges.

At the same time, using Chanlink’s Oracle technology, we were able to refine Torch’s lending model.

Torch then implemented overcollateralised loans (both small and unsecured).

Chanlink’s technology is excellent and we expect to cooperate with them for build DeFi ecosystem in community development, product development, technical support and marketing in the international market. we can work together to create a cutting-edge open financial platform through the sustainable DeFi network, thereby diversifying DeFi services and serving everyone.

Website:https://torchnet.online

Telegram: https://t.me/Torch_network

Twitter: https://twitter.com/Torch_network

--

--