ARIES FINANCIAL~Episode①~
Review this year and think about it.
In 2020 how many times have you visited the bank? With traditional financial institutions such as a bank, you need to sign several pages of documents to confirm your identity before you can open an account. With the proliferation of 5G and blockchain technology, do we still need to rely on such outdated financial services!?
This is an issue worth thinking deeply about.
Without the need to go to any bank or open any account, just using Metamask wallet on your mobile phone lets you freely manage stable coins just like US dollar foreign exchange deposits, also it is exempt from the permission granted by centralized banking institutions. The best thing is you can use the services we provide to get extra rewards, can you imagine this kind of freedom? What will the banking and securities industry look like in the future?
Can you believe that the functions of banks and securities companies can right now be handled without going to the counter, and all can be done with a mobile phone?
Can you imagine the future of dealing with financial products, managing assets, and options trading without going to a branch and opening an account?
This is the concept of ARIES FINANCIAL.
In December, the first phase of ARIES FINANCIAL, we launched a DeFi aggregator service that can safely use stablecoins to generate high yields.
What ARIES FINANCIAL is, is “the bank of the future” and “securities company of the future”.
Therefore, because we were inspired by the Vault of Yearn Finance, which made DeFi become famous in one fell swoop in 2020, we recreated Yearns Farming function on ARIES FINANCIAL as the first step.
(We truly appreciate Andre Cronje!!)
Users can safely use stable coins on audited smart contracts to get high interest. Not only the interest of current stable coins, but also rewards according to the deposit ratio of “AFI Token” on ARIES FINANCIAL.
In the first phase, “AFI Token” is an additional bonus distributed to contributors who use the protocol.
However, it is also possible to buy it on Uniswap. From now on, the clear utility of AFI tokens will be revealed in the 3rd and 4th phase.
ARIES FINANCIAL as an aggregator that can automatically increase stable coins is just the beginning.
Currently in the first phase, the currencies that can be farmed are three stable coins, USDC USDT and DAI.
New currencies and strategies will continue to be added as time goes on.
ARIES FINANCIAL is a new bank.
Imagine the bank that you usually use, now you can manage your own bank account and securities company with your smartphone.
ARIES FINANCIAL simply puts your idle currency to work and provides you the interest rates in real time, it far exceeds the interest rate of existing foreign currency deposits.
It can be used freely when needed.
When you need to, you can withdraw it and use as you like.A simple smartphone is enough to create the bank of the future in the palm of your hand.
Next step we will introduce the exciting referral system for the next phase of ARIES FINANCIAL
ARIES FINANCIAL Community
・Spotlight（Japanese）
