Dear DeFiners:
What a year.
Two weeks ago, DeFiner was listed on the crypto exchange Gate.io.
Last week, Gate.io did a Telegram AMA with our CEO and Founder Jason Wu.
Minneapolis, MN - November 24, 2020 - DeFiner.org, the decentralized finance (DeFi) network for crypto savings, loans, and payments, has today launched Taurus, its crypto savings product, with $2m already locked into saving accounts. Taurus, which launches today as a web application, allows customers to instantly deposit assets to accrue interest at a floating market rate, with savings currently earning an average of 20-30% interest.
Global banks have started to realize the impact and key benefits of DeFI applications, with most shifting focus on modernizing their lending and other infrastructure using advanced DeFI platforms. Chyna Qu, Co-Founder and COO at DeFiner shares her thoughts on the future of DeFI in banking while talking about the impact of new fintech startups on the global fintech marketplace.
In popular culture, Bitcoin is known for generally being digital money of some kind. But the reason it came to be known so broadly is because it is much more than just a currency. Bitcoin ushered in a new technological era of enhanced data management and operations: record-keeping, media and communications, and, yes, financial transactions.
DeFiner is excited to announce the FIN — Uniswap liquidity Provider Program (LP Program)
The purpose of this program is to ensure better liquidity and better prices for trading FIN in DEX. The LP Program will eventually allow FIN to be bought and sold easily with sufficient liquidity and low slippage. The program will provide an estimated APR of ~60%.
The FIN token will be used to redistribute profits on the DeFiner network, provide proof of premium for lending and borrowing assets, and represent voting rights for users.
