Holdefi - a Gamechanger in DeFi Lending Protocols

Тhe company introduces a new borrowing-adjusted mechanism, never seen in DeFi protocols before The past several months were very dynamic for DeFi, as the majority of lending protocols exploded in terms of total value locked (TVL). Holdefi is one of the most innovative DeFi lending protocols on the market. It is an Ethereum-based, non-custodial DeFi protocol, which eliminates the middleman and leaves just two principal roles - supplier and borrower. On one side are the borrowers, who have to put collateral to borrow funds, while lenders deposit their collateral and generate profit. Users can deposit and borrow a vast array of cryptocurrencies, including stablecoins like USDC, DAI, USDT, TUSD, BUSD, WBTC, BAT and others. The Holdefi protocol enables a new mechanism for determining interest rates in order to provide borrowers and lenders with better rates. Based on this mechanism, the borrowers will repay the system at a more stable rate than other Defi lending platforms. Holdefi also offers better liquidity compared to other DeFi Platforms. The protocol uses a decentralized channel to assure the borrower can withdraw his collateral anytime he wants to. While in other Defi platforms, the borrower can only withdraw his collateral when liquidity is available in the platform's liquidity pool. Full future decentralization  The nature of Holdefi is to be completely decentralized. However, to achieve full decentralization, the lending protocol must issue a native token with one primary goal in mind - decentralized governance.  The HLD Governance Token  Holdefi Token (HLD), is an Ethereum-based, ERC20 token, which allows users and investors to participate in the governance of the protocol. HLD token owners can discuss, propose, and vote on any future changes and improvements to the Holdefi protocol. Several key aspects highlight the use of the HLD token within Holdefi`s ecosystem: Protocol governance: The HLD token can govern various aspects of Holdefi`s platform, including the futures protocol, exchange parameters, and protocol upgrades via a DAO structure. Governance decides on token burning, revenue sharing, liquidity mining, or other usages by voting on the proposals submitted.    Burning: Token holders can benefit from the buy-back-and-burn event during which a portion of the tokens will be burnt to accrue the token value.   Liquidity Mining: In the world of DeFi liquidity mining refers to the process of depositing or lending designated token assets with a mining mechanism to provide liquidity for the product's fund pool and thus, obtain an income. This mechanism will increase users and platform interactions.   Cold Staking: Cold staking is particularly useful for large stakeholders who want to ensure maximum protection of their funds while supporting the network and get rewards for it. This method removes the tokens from the circulation and event to accrue value for HLD   Revenue Sharing: The Holdefi income will be distributed between HLD holders or assigned for referral programs or ecosystem growth Investing in Holdefi Early investors can now take part in a private governance token sale. The total token supply of HLD is set to 100 million, with 3 million tokens already allocated to a seed fund, while 13 million tokens are set to be eligible for private sale investors and public sale. Private investors can buy HLD tokens at a heavily discounted price of $0.49 per token. For the next public sale, the price will be set at $0.625 per token. Copyright © 2021 Bitcoinist Ltd., All rights reserved. Thank you for subscribed to Bitcoinist Weekly Newsletter! Our mailing address is: Bitcoinist Ltd. Bp Batsanyi Janos Ut 81 Bp, Bp 1163 Hungary Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.