Chintai Services Coming To The WORBLI Network

Chintai on WORBLI
Chintai will enable passive income for WBI holders, automated resource management for all WORBLI account types, MYNT services (My Native Token), DApp bond markets, and other Defi instruments that are well suited for the WORBLI Blockchain.

“We are thrilled to have the reputable and trusted Chintai team helping us build the next generation of regulatory compliant decentralized finance applications on WORBLI.”
- Domenic Thomas, WORBLI CEO.

By the numbers
Chintai is a decentralized token leasing exchange that deployed on EOS in 2018. The platform has successfully provided a cost-effective way to acquire network resources (CPU/NET) from lenders seeking to generate passive income on their unused tokens. Chintai EOS leasing markets have totaled more than $250 billion in transaction volume. Additionally, 10,000 unique borrowers have unlocked cost-effective access to EOS network resources by leasing with Chintai.

Chintai Expansion
The Chintai team has expanded their offering substantially since the initial launch. Chintai automated resource management is servicing several of the most popular EOS DApps and their users. This service removes the need for end-users to manage their account resources, making the blockchain far less intrusive. It also helps DApps by removing the need to manage resources for their contract accounts, including RAM.

New Leasing Markets
Within the next month, Chintai will deploy additional leasing markets for the DAPP token, BOID, and others. Chintai is also powered by the CHEX token, which grants holders special privileges in the Chintai ecosystem. CHEX holders are rewarded with reduced fees, access to setting up autonomous markets, and “CHEX Smart Matching”, a protocol that optimizes passive income returns. To find out more about CHEX or to participate in their token auction, please visit their website here.

MYNT
Using what they learned from successfully launching CHEX, the Chintai team started MYNT (My Native Token). MYNT is a comprehensive service for launching custom token distributions on EOSIO blockchains. All token distributions through MYNT are powered by CHEX and Chintai token leasing markets. MYNT is very important for the future of key commercial partnerships and projects coming to WORBLI.

DApp Bond Markets
The Chintai team has begun the development of an entirely unique fundraising mechanism that would rely on a decentralized exchange for DApps to issue bonds. In exchange for access to capital to build applications, entrepreneurs will be able to pay interest on bonds in a transparent marketplace. CHEX will also power these markets. They have elected to build the DApp bond market on the WORBLI because of the regulatory framework that can be provided.

The WORBLI business development team loves working with great projects. If you think WORBLI’s state of the art financial services blockchain could help your business or application, send an email to mitch@worbli.io

To learn more about WORBLI or create an account? visit www.worbli.io

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