Plethori Partner With Stater Finance Combining ETFs & NFTs
Plethori are very pleased to announce their new strategic partnership with NFT project, Stater Finance.
Stater Finance are building an open-source P2P lending platform that will allow users to leverage their NFT assets in order to borrow funds. They will essentially act as an escrow between two parties, facilitating the initial loan agreement and locking the NFT until repayment is complete. Stater Finance have developed a unique product in a booming non-fungibles marketplace, and have the capability and technology behind them to have been able to not only create a new market, but to do it successfully.
This Plethori-Stater alliance will provide real value to both projects. Stater will benefit through their token’s inclusion in some of the Plethori ETFs, increasing their reach, audience and prospective user base.
Plethori stand to strengthen their support network with the addition of Stater Finance, who will assist with the development and expansion of use cases for the NFTs within the Plethori platforms.
The Plethori and Stater Finance development teams will work side by side through Q2 and Q3 2021 to ensure that this new partnership is employed to its maximum potential.
About Stater Finance
Stater is a P2P lending and borrowing platform that allows users to leverage their NFT assets and have access to liquidity while still retaining ownership of their digital assets. We provide value to previously latent capital, unlocking wealth within digital assets and providing a new source of money creation.
Plethori is a Cryptocurrency ETF Investment Platform that allows open trading and creation of trustless ETFs by utilizing blockchain technology and layer 2 solutions. The platform offers decentralized cross-chain investment for exchange-traded funds built on the Ethereum and Polkadot blockchains. This service will allow investors to deposit capital and invest in a wide range of ETFs enabling investment into entire cryptocurrency industries such as insurance, oracles, NFTs, Derivatives, Polkadot ecosystem projects and many more.