MINNEAPOLIS, Oct. 1st, 2020 -- DeFiner, the decentralized finance (DeFi) network for crypto savings, loans, and payments is hosting a private sale of its native token ‘FIN’ using Token Sale Manager on CoinList.
FIN is a fully audited ERC20 token that democratizes the capital flow within the DeFiner network through profit sharing, voting rights, and proof of premium. Now, DeFiner is taking it a step further by democratizing the initial token distribution and hosting a token sale for everyone in their community.
- “For many years, non-established investors have been kept out of financial opportunities,” said Jason Wu, DeFiner CEO and Co-founder. “One of the biggest benefits of blockchain technology is the potential to change this."
This private sale of FIN on CoinList Token Sale Manager gives members of DeFiner’s existing ecosystem access to the token.
- “We wanted to give back to our community. Through this sale, everyone can have a chance to participate—not just the big investors,” said Jason Wu, DeFiner CEO and Co-founder. “Our community has been so helpful and patient. They are the foundation of our ecosystem. So they deserve access to its founding.
To participate in the FIN Token sale on Coinlist Token Sale Manager, users must first make a deposit to the DeFiner savings pool. For every $2000 deposited, it grants access to purchase up to $100 of FIN in the token sale. So, a deposit of $10,000, allows up to $500 of FIN purchased in the token sale.
- FIN will be used to redistribute network profits back to FIN token holders, including any transaction fees and interest. The FIN token also represents voting rights. Finally, the FIN token acts as proof of premium, with users being rewarded in FIN for lending capital and collateral on the network.
- FIN is available through the token address available on the DeFiner website. This official address is the only point of access for the FIN token, which has been fully audited by Taka Security in compliance with the ERC20 token standard.
"We are connecting our suite of products through the FIN token,” said Wu. “It allows us to distribute profits, provide voting rights for users to have their say in the direction of the platform, and to be rewarded for engaging with DeFiner's lending solutions. It’s the true spirit of decentralized ownership, empowering retail users in a fair, secure, and decentralized financial ecosystem."
For the FIN token address, click here.
DeFiner is a decentralized finance network for crypto savings, loans, and payments. Powered by blockchain technology, DeFiner's decentralized financial (DeFi) platform enables users to effortlessly lend, borrow, and earn digital assets within a global network.
DeFiner removes the friction and costs associated with conventional financial services and instead offers maximum flexibility to set one's own rates and terms. DeFiner also removes the need for third parties from its financial ecosystem by using an immutable blockchain to track all loans and transactions, providing ultimate security for users. By offering 24/7 global accessibility with significantly lower costs than traditional finance, DeFiner allows those embracing the new, digital economy to unlock instant value from their assets.
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