Telefy finance
ABSTRACT
The industry offers a variety of crypto solutions in the field of Decentralized Finance (DEFI), which are enabled by blockchain technology. However, it is difficult to find a one-stop solution that can be utilized for various blockchain models, which aims to solve many problems related to DEFI. The key aim behind Telefy is to bring multiple DEX, Lending, Launchpads, NFT with Tele Score enabled solutions across multiple blockchains and with that empower the DEFI market and generate opportunities to earn revenue from it.
OPPORTUNITY
The current market capital for DEFI is over USD 150 Billion and there is a potential opportunity for the DEFI market to reach sky-high growth rates more quickly. Estimated average DEX volume per month varies across the spectrum from 70B USD to 165M USD in 2021 (as depicted in the chart below), guaranteeing a significant growth jump in the years to come.
The market capital of UniSwap and Aave was approximately USD 15.8 billion and USD 3 billion, respectively, in the first week of January 2022.
Telefy, with benchmark offerings to markets around multi-chain DEX, lending, NFT, Tele-Pad and Tele-Scoring Solutions, can generate tremendous opportunities and market capital that exceeds expectations.
DEFI ISSUES
is an emerging technology and works seamlessly for many financial solutions and certainly helps significantly to get rid of third parties and intermediaries involved in legacy models. It is observed, however, that
the lack of knowledge in accumulating the creditworthiness of users using this platform, has the potential to lead the end users to pay inappropriate interest rates.
As of Today, most DEFI solutions are being worked on by Lending Pools (LPs). Flat interest rate (20%)
or very dynamic based on utilization ratio. Also, users holding or trading coins in DEFI are not benefited by any credits. Additionally, the existing platforms offer any of
the crypto solutions such as DEX, LP, NFT, and Launch Pad but not all of them.
THE SOLUTION
A credit score oriented one-stop solution for many DeFi current problems comes to the rescue.
Telefy is a credit score oriented decentralized multi-chain finance and NFT marketplace for all crypto enthusiasts, which creates a fantastic opportunity for its users to participate in all DeFi products available on Telefy. They have created groundbreaking products like DEX, Tele PAD, and TELE Score, IDO launchpad for their users with easy options of staking their assets. The company focuses on driving innovation that delivers a better user experience and empowers the next generation of electronic payments.
Telefy has the vision to provide credit score for every wallet that connects Telefy to validate the credit worthiness to calculate the APY in Lending platforms. It also brings a one-stop solution for many DeFi current problems, such as lack of creditworthiness, locked liquidity, lack of diversification, unstable yield, and personal security. The platform allows users to lock their funds in their smart contracts. They can then lend, borrow using Tele score, or let their funds accrue value through different financial mechanisms.
FITUR TeleFy
- TELE SWAP
Tele Swap is a multi-chain protocol that allows users to exchange coins, adding liquidity using AMM (Automated Market Maker). - TELE LEND
Tele Lend is a multi-chain and automated lending protocol that allows users to lend or borrow using Tele Score.
*TELE SCORE
Tele Score is a multi-chain protocol that can be programmed to effectively calculate a user’s creditworthiness, based on their holdings, transaction history and some other relevant parameters. - TELE PAD
The Tele PAD is a multi-chain model that supports initial DEX (IDO) offerings for users who own TELE Coin shares. - TELE NFT
Tele NFT is a multi-chain NFT marketplace where you can buy or sell NFT. Tele NFT protocol fee will be distributed to users who stake TELE.
For More Information:
- Website: https://telefy.finance/
- Twitter: https://twitter.com/TelefyConnect
- Telegram: https://t.me/telefydefi
- Facebook: https://www.facebook.com/Telefy-104998872116794
- Reddit: https://www.reddit.com/r/Telefy_Defi
- Instagram: https://www.instagram.com/telefy_tele/
Author
Forum Username: kilmatulula47
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3418981
Telegram Username: @kilmatul
ERC Wallet Address: 0x3401E80194DbD0134aB5F9C60B258Ed71A5ad849
