DeFiner Weekly: Why Use DeFi Lending?

Jul 22, 2022 11:10:21 AM / by DeFiner

Community Update Poster4_blog

Dear DeFiners, the DeFiner team is in full-throttle mode preparing for the HODLer Market. 💪 The HODLer Market will be the first stage of DeFiner 2.0, ushering in a new era of DeFi lending - lending for any token and for everyone! 🤗 In this blog, we bring you the latest updates on the HODLer Market Configuration, $FIN Tokenomics, and a community discussion topic. 💬

Here are the highlights of the week:
  • ⚙️ HODLer Market Configuration
  • 🟡 $FIN Tokenomics
  • 🏦 Why are You into DeFi Lending?
  • 🔥Earn Crypto with DeFiner
  • 💼We're Hiring!

⚙️ HODLer Market Configuration

The DeFiner HODLer Market_blog-png

The HODLer Market gives users the ability to create a lending pool using any crypto asset they choose (ERC-20 token). HODLer Market Creators will have complete control over their markets due to the highly customizable configurations available to them, such as  risk control, interest rate, and oracle models.

The configurability of the market helps creators to maintain adequate levels of liquidity and improve capital utilization. The configuration mechanism can separate different risk levels by creating and separating another pool to manage the risks better. There are three configuration categories:  

  • Risk Control Model: Designed to manage borrowers' behavior and to prevent loan default.
  • Interest Model: Designed to reward the risk-takers and attract lenders to the pool.
  • Oracle Model: Designed to mitigate risks inherent to token price and market fluctuations.

The HODLer Market effectively rewards risk-takers and ensures better risk management, especially for long-tailed assets. The HODLer Market is your ultimate DeFi lending solution - a permissionless and configurable lending protocol with privacy 100% protected.

📝Read the Whitepaper📝

🟡 $FIN Tokenomics

The FINconomy_blog size

Tokenomics is the study of how cryptocurrencies work within a broader ecosystem; it includes token distribution and usage to encourage positive action within the protocol's community. Let's see how the $FIN Tokenomics work within the DeFiner ecosystem. 🧐

DeFiner's native token, $FIN, connects all parts of the DeFiner ecosystem and helps the protocol in its process of achieving full decentralization. The $FIN token can be used for a variety of purposes:

  • Distributed Profits ☑️
  • Proof Of premium (POP) ☑️
  • Voting Rights ☑️

The $FIN token also creates what we call a FINconomy for token holders. DeFiners have different ways to get involved in the FINconomy, such as depositing $FIN to earn high-interest rates, borrowing stables using $FIN as collateral, and becoming a $FIN liquidity provider. The FINconomy aligns goals and incentives with the DeFiner community by recognizing and rewarding users, as well as providing incentives to the community for a strong governance model. More on DeFiner and HODLer Market governance to come! 🗳️

📊Learn More About the FINconomy📊

🏦 Why are You into DeFi Lending?

Lend Borrow & Stake@3x

DeFi lending is a new and innovative financial service that is rapidly emerging mainly due to its attractive interest rates and revolutionary products, such as DeFiner. Typically, DeFi lending platforms help crypto-asset holders to borrow, lend, and earn to unlock more capital and make passive income. All this without going through all the time-consuming checks required by traditional finance. 💰

Transactions on a DeFi platform are transparent, which increases trust amongst users relative to traditional financial services. Some individuals are attracted to DeFi because it's trendy and want to try out the new and exciting features offered by DeFi lending platforms to reach financial freedom. Share some of the reasons why you are into DeFi lending on our Reddit page or in the comments section below! 👇

🦈Join the Conversation on Reddit🦈

🔥Earn Crypto with DeFiner

On Ethereum Network:

DeFiner Deposit APR_ETH Chain - July 22 2022

On Polygon Network:

DeFiner Deposit APR_Polygon - July 22 2022

💰Unlock More Value with Your Crypto💰

💼We're Hiring!

Were hiring!_twitter (1)

 

Are you searching for an opportunity to work in the crypto industry? The DeFiner team is growing and you may have the right skills to help us take DeFiner to the next level. 🆙

Define your career with DeFiner. 🚀

Available positions:

  • Business Development Manager
  • Community Manager
  • Marketing Intern
  • UI/UX Intern
  • UI/UX Graphic Designer
  • DeFiner Ambassador
  • Data Engineer Intern
  • Smart Contract Blockchain Sr. Developer

Apply Today to Become a DeFiner

 

🤗 Join the community. Become a DeFiner. 🤗

🙌Twitter | Telegram | Announcements | Discord | Reddit🙌

💭DeFiner Space: Why are you into DeFi lending? Let us know in the comments section below! 👇

Tags: Updates and Newsletter

DeFiner

Written by DeFiner

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