ETNA Network’s Lending and Borrowing Application Explained.

 

ETNA Network’s Lending and Borrowing Application Explained.

About ETNA Network

Cyclops Finance is a blockchain organization that began as a Hybrid gaming biological system with plans to coordinate in-game NFT resources into a Decentralized acquiring and loaning stage. Empowering a consistent reconciliation of money and gaming on the Ethereum Protocol.

Etna intends to make it natural and simple for clients to jump aboard effectively while working on stage use without claiming various wallets. The mission is to make an across the board biological system, a solitary foundation of interconnected crypto-type advancements worked for both the accomplished and the unpracticed. ETNA Network is building advancements in DeFi, gaming, and NFTs. A concise outline of these innovations is as per the following :

Highlights Of ETNA Network

●  A Digital Asset Lending and Borrowing Platform where not just coins and tokens can be utilized as insurance, yet additionally NFTs, computerized terrains, and that's only the tip of the iceberg. Holders of important NFTs would now be able to take a credit by utilizing such NFTs as insurance, this is undoubtedly a distinct advantage.

●  A Hybrid Liquidity Protocol DEX where clients will approach many advanced resources. A trade where the intricacy that accompanies exchanging digital forms of money is a relic of past times. With a novel Broker-Buyer-Type (BBT) exchanging instrument, clients with zero experience will actually want to exchange easily.

●  Gaming Technologies Gaming stage where ordinary games can be conveyed and incorporated with the blockchain. Worked for both game designers and players. With game resources printed into NFTs, people group individuals can claim such game resources and procure sovereignties which develop with game notoriety.

●  A Dynamic NFT Marketplace where clients can purchase and sell significant NFTs on the spot. you can purchase and sell NFTs like you would accomplish for tokens/coins on a trade. ETNA can accomplish this by a NFT esteem lock-in system, basically, the worth of each NFT is likened to some measure of the hidden money. It is surprisingly fascinating as each NFT exchange dynamic is designed according to a mathematical value request bend. With this holders are sure to appreciate value appreciation and are ensured simplicity of exchanging back.

●  A Cross-Chain component that works with the adaptability of resources across blockchains. This is tremendous as this will empower the achievement of the genuine comprehensiveness of NFTs.

ETNA Ecosystem

DeBank : 

DeBank which is ETNA's Lending/acquiring stage has been conveyed on BSC. It presently upholds the loaning and acquiring of seven tokens/coins specifically BNB, ETNA, ETH, BTC, BUSD, USDT, and DAI. It likewise upholds the stores of all ETNA NFTs and clients would already be able to utilize such NFTs to take out credits. ETNA's DeBank likewise permits holders of ETNA tokens to take out revenue free credits consistently. This is likewise the first of its sort in the crypto space. At present more than 4,500,000 ETNA and more than 2000 NFTs have been kept. Additionally, more than $200,000 in without interest advances have been taken.

ETNA's NFT Marketplace : 

ETNA Networks' NFTs are gaming resources that would be sent in the impending game. Presently, there are more than 30 NFTs exchanging on the ETNA Network commercial center, these NFTs are involved game characters, weapons, secret sections, animals, and some more.

ETNA Token

ETNA is the local cash of the ENTA Network environment which is utilized for different Defi capacities like loaning, getting, NFT deal and buy, and for expenses.

Token Detail

• Token Name : ETNA Network
• Ticker : ETNA
• Type : Binance Smart Chain
• Full scale Supply : 100,000,000
• Staking : 40,000,000
• BBT Marketplace : 30,000,000
• Purchase on Pancake: https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x51f35073ff7cf54c9e86b7042e59a8cc9709fc46

Resource Allocation

• Presale : 10,000,000
• Liquidity : 6,000,000
• Team : 3,000,000 (locked for seemingly forever)
• Improvement Fund : 5,000,000
• Partnership : 5,000,000
• Foundation : 2,000,000

ETNA Token Utility

1. Lending Platform : sans interest advances can be taken by Leveraging ETNA Tokens.
2. BBT Market : ETNA can be used as assurance as Proof of Insurance Mechanism
3. NFT Market Currency : NFT Marketplace supported cash is ETNA used to buy and sell in-game assets and other NFT's
4. Rewards : ETNA can be used as a Treasure and grant in the gaming part of ETNA organic framework

Roadmap

Q2 2021

• Deployment of DeBank lending and borrowing network WEB application.
• Upgrade of NFT marketplace spot trading interface.
• Integration of NFT Auction feature.
• Application for Crypto and Banking License.
• Major CEX Listing.

Q3 2021

• Deployment of DeBank lending and borrowing network Mobile applications.
• Development of liquidity-based trading exchange with enhanced.
• Broker-buyer type trading feature.
• Integration of gaming portal, deployment of games.
• Game ecosystem expansion and major gaming partnership.

Q4 2021

• NFT marketplace version 2.0 release, P2P trading option and sub-marketplace for artists.
• Deployment of NFT cross-chain mechanism.
• Deployment of NFT based synthetic commodities and applications.

Q1 2022

• Integration of Fiat-crypto type transaction support on all applications.
• Integration of banking services and Debit card issuance.
• Development of all-in-one mobile app.
• Development of more innovative technologies, major industry partnerships and further expansions.

Our Team

Shola Otitoju - CEO and Co-Founder

Allaa Alhasan - Tech Advisor

Sergey Chekriy - IT Tech Consultant

Ruslan Denisov - Head of Design

Iryna Vynnychenko - Frontend Developer

Marit Heinsoo - Financial Consultant

Nurpais Orozulbaev - Frontend Developer

Vladimir - Frontend Developer

Dmitry Zavada - Frontend Developer

Nata Denisova - UX/UI Designer

Taiwo Odedairo - Market Research Specialist

Conclusion

ETNA lending/borrowing platform is indeed a space to financial freedom to many across the globe. It provides a platform to secure affordable loans and also a source of income for users willing to invest their money for a meaningful APY. With the ETNA protocol the future of DeFi is brighter.

For more details, please visit the link below:

• Website : https://www.etna.network/
• Whitepaper : https://www.etna.network/assets/ETNA.pdf
• Twitter : https://twitter.com/EtnaNetwork
• Telegram Group : https://t.me/EtnaNetwork
• Telegram Channel : https://t.me/EtnaChannel
• Discord : https://discord.com/invite/dbuEXdm
• Youtube : https://www.youtube.com/channel/UCgkP_qjdYSZ8iesrz5kK0YQ

AUTHOR

Bitcointalk Username: jamaah45

Telegram Username: @jamaah

Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=2502762

BEP20 Wallet Address: 0x7A5df2D8D32b8f8e4FC6BF71D2BDfe69992D1C1B