YahooFinance: Aegis Network — A Scalable Liquidity Bridge Between Fiat and DeFi Ecosystems
On August 5, 2020, the world-renowned media YahooFinance published an article on Aegis DeFi, titled as “Aegis Network — A Scalable Liquidity Bridge Between Fiat and DeFi Ecosystems”. On the same day of release, DeFi (Decentralized Finance) Total Value Locked reached an all-time high of 4.48B in USD.
Aegis, a DeFi 2.0 protocol specialized in building a scalable liquidity bridge between fiats and DeFi ecosystems brought DeFi into the spotlight, attracting attention from world mainstream and leading media organization.
In the article, the author believes that: “Current DeFi platforms such as Compound offers lending and borrowing services underpinned by the over-collateralization of crypto assets. However, one downside of this methodology is that capital extraction is inefficient, and users are unable to unlock the full value of their digital asset portfolio. In addition, many users have capital locked up in the traditional fiat financial markets (i.e. stocks, bonds and real estate), and this locked value remains separated from the decentralized crypto ecosystem.”
Unlike the common DeFi projects like lending platforms such as Compound, Aegis DeFi will combine DeFi and AI technology to make DeFi financial services accessible to all common users. Users will be able to enjoy more diversified products and services such as Unsecured Borrowing by submitting their daily-life credit lines on-chain, which is a disruptive innovation in Blockchain-based DeFi business.
In the future, Aegis will keep improving scalability and user experience with constant product upgrading and service innovations.
Orginal Link: https://finance.yahoo.com/news/aegis-network-scalable-liquidity-bridge-140000310.html?guccounter=1
About Aegis DeFi
Aegis DeFi is a DeFi 2.0 protocol specialized in providing varieties of lending services such as micro-lending and unsecured lending services for users, making DeFi services accessible for basically all users. Besides, Aegis also empowers the tokenization of assets and derivatives such as CDS etc.
Social Channels
Discord: https://discord.gg/ht2MN5p
Telegram: https://t.me/AegisEN
Telegram Announcement: https://t.me/Aegis_channel
Twitter: https://twitter.com/AegisDeFi
