TELEFY

3 min readApr 1, 2022

Introduction:

Telefon is the 1st platform in the world to supply multi-chain DEFI-oriented initial credit grading services. TeleFy offers a range of characteristics that customers need to get localized money services for a range of functions. TeleFy is considered to associate innovative platform since it does not solely offer the world’s 1st multichain-oriented 1st credit score, however, it additionally offers different Defi options like swap, lend, NFT, and launch area, which can build it less complicated for users to find numerous localized money options. As a result, it’s visualized that TeleFy would modify shoppers all around the world to access localized money services in an exceedingly easy and safe manner.

Problem:

Banking services square measure the foremost usually used money services these days. this can be because money services square measures a lot of accessible to shoppers and supply a large variety of services to fulfill the strain of users. However, as we tend to all apprehend, banking services square measure inefficient and regularly overcharge shoppers with excessive interest rates and charges. Whereas individuals demand a money platform wherever they will get money services handily and firmly, yet at lower rates and with fewer criteria so that users might meet their various wants quickly and simply.

The answer:

In response, TeleFy was established to become a localized Defi platform that may let shoppers easily and fleetly get varied localized money services. TeleFy can function as a platform for services that may provide a technique to trustless associates tele score, like a credit score for each notecase. it’ll follow potential consumers’ wallets by viewing varied parameters like what proportion of cash they need, what percentage of transactions they need, and so on. TeleFy can later utilize these criteria to ascertain the foremost acceptable interest rates for its subscribers.

This will not solely be a credit score platform, however, it’ll additionally perform as a Defi platform, permitting users to quickly use different Defi functions like swap and lend. Users are ready to effortlessly and firmly swap their crypto on TeleFy’s AMM platform. Users may additionally utilize TeleFy to lend their assets to alternative users, and in exchange, they’re going to earn from the interest given.

Telefy and NFT:

TeleFy may be a platform that enables platforms to conduct Ido. Project homeowners are ready to quickly launch their initiatives to varied potential TeleFy investors via TeleFy’s launch area platform. Project homeowners are ready to get new money a lot fleetly and firmly during this manner. Users may additionally directly have interaction with project launch offers and procure tokens from potential comes at discounted evaluation.

Because of this trend of NFT, TeleFy has additionally developed an associate NFT platform wherever users might trade their NFT. Users are ready to merely and firmly purchase and sell their NFTs, creating it easier for them to trade their NFTs, and protocol fees are distributed to users World Health Organization stake their TELE tokens.

Features:

TELE SWAP:

Tele Trade may be a multi-chain technology that enables users to swap currencies while increasing liquidity through the usage of AMM (Automated Market Maker).