Telefy - Worlds First Credit Score Oriented Multichain DEFI Solution: | by Darbykhan

4 min readMar 5, 2022

Telefy - Worlds First Credit Score Oriented Multichain DEFI Solution:

TeleFy, basically, acquires a method for partner trustless tele score i.e, FICO assessment for each wallet. The Tele-Score administrations show up with the Telefy stage decides the reliability of every wallet and produces the most proper loan fees for the clients who are profiting the advantages of a loaning pool. In view of the holds in the wallet and the exchanges performed by the clients, the Tele-Score gets affected thus anytime, clients could pay the interest that suits most for the loaning they selected in.
Tele-Score will be distributed as a microservice, which is open-source and can be utilized by anybody with any interest at all to consume this assistance. Tele Score can be a groundbreaking help that can alter the method of a large portion of the DEFI arrangements that are in the market today, by recognizing clients into different classifications in view of their date of joining the DEFI chain and different qualifications.

Tele Swap is a multi-chain convention that permits clients to trade coins, adding liquidity utilizing AMM (Automated Market Maker).

Tele Lend is a multi-chain and computerized loaning convention that permits clients to loan or get utilizing Tele Score.

Tele Score is a multi-chain programmable convention for actually ascertaining the reliability of clients, in light of their possessions, exchange history, and a couple of other important boundaries.

Tele PAD is a multi-chain model that supports introductory DEX offering (IDO) for the clients who have TELE Coin stak. Tele platform will be accessible in Telefy to run any IDOs. This platform is a multi-cross chain and subsequently clients who stake TELE coins can take an interest in IDO. IDO platform activities will be assessed stringently founded on various boundaries and by the Telefy group. Tele score not set in stone and shared before the IDO goes live. 10% convention expenses will be gathered by launchpad and will get dispersed to the clients who marked TELE coins. Tele PAD will run the IDO dispatches in Ethereum, Binance, Matic, PolkaDot, Cardano, Solana, and so forth.

Tele NFT is a multi-chain NFT commercial center where you can trade NFT. Tele NFT convention charges will be dispersed to the clients who marked TELE. Telefy will send off its own NFT commercial center where you can trade NFT. Tele Score will be determined for the dealers who exchange the Tele NFT stage also. Tele NFT convention charges 0.27% expenses which will be circulated to the clients who marked TELE coinsNFT commercial center will be accessible in TeleFy in various blockchains which incorporates Ethereum, Binance, Matic, PolkaDot, Cardano, Solana, and so on.

Starting Today, the greater part of the DEFI arrangements are chipping away at Lending Pool (LP). The loan fee is either level (20%) or a profoundly unique one in light of the usage proportion. Likewise, the clients who are holding or exchanging coins DEFI are not benefitted by any credits. Likewise, stages that are existing today offers any of the crypto arrangements like DEX, LP, NFT and Launch Pad yet, not every one of them.