The Genesis of Aptin Finance
Status and Challenges of DeFi
In Ethereum, the high gas and TPS limit ecological development and user participation. Based on this situation, several L2 infrastructures have emerged to make significant improvements in TPS and gas. Aptin provides users with a one-stop Defi product, focusing on product performance and engageability to improve user experience.
Aptos is a scalable layer 1 blockchain based on the Move programming language, a new smart contract programming language focusing on safety and flexibility.
Aptos utilizes a parallel data model and execution engine to improve execution efficiency and uses a variant of the Byzantine fault tolerance consensus mechanism to achieve higher efficiency.
Intro Aptin Finance
Aptin is a decentralized lending and borrowing protocol on Aptos. Anyone with an internet connection can join Aptin from anywhere and start earning interest or taking out a collateralized loan against their assets on Aptos.
According to official data released by Aptos, Aptos has a high TPS of 150K, making its benefits stand out in comparison to other lending protocols in the ecosystem where users will experience quick and inexpensive transactions.
Protocol Network Effects
As one of the builders of the Aptos DeFi ecosystem, the Aptin Lending Protocol will offer accessible lending services to Aptos ecosystem users. Aptin has already established strategic partnerships with cross-chain platforms including WormHoles, LayerZero, and will attract more users from other ecosystems to join the Aptos ecosystem in the future.
Protocol Security
Security is the most important concern for the Aptin protocol. We will work with our security partner, Certik, to protect the protocol and the assets of the users in the protocol. Code auditing has been completed by Certik. Please check the audit report here.
Aptin is currently deployed on the mainnet and we are continuing to update more features including privacy and permission-less in V2.
If you want to stay up-to-date on when we launch, follow us on Twitter and join our Discord server as all official updates and announcements will be made there.
