ETNA is delving into this space to deliver

in #apr3 years ago

ETNA is delving into this space to deliver user- centric solutions for the advancement of the Defi innovative segment. ETNA opted for the Binance Smart Chain network to be able to deliver cost efficient and user-friendly Defi products to its clients. A short video review spanning thirteen minutes has been embedded below.

Features of ETNA Network

  • A Digital Asset Lending and Borrowing Platform where not only coins and tokens can be used as collateral, but also NFTs, digital lands, and more. Holders of valuable NFTs can now take a loan by using such NFTs as collateral, this is indeed a game-changer.
  • A Hybrid Liquidity Protocol DEX where users will have access to hundreds of digital assets. An exchange where the complexity that comes with trading cryptocurrencies is a thing of the past. With a novel Broker-Buyer-Type (BBT) trading mechanism, users with zero experience will be able to trade with ease.
  • Gaming Technologies Gaming platform where conventional games can be deployed and integrated with the blockchain. Built for both game developers and players. With game assets minted into NFTs, community members can own such game assets and earn royalties which grow with game popularity.
  • A Dynamic NFT Marketplace where users can buy and sell valuable NFTs on the spot. you can buy and sell NFTs like you would do for tokens/coins on an exchange. ETNA is able to achieve this by an NFT value-lock-in mechanism, simply put, the value of each NFT is equated to some amount of the underlying currency. It is more interesting than it sounds as each NFT trade dynamic is modeled after a geometric price-demand curve. With this holders are certain to enjoy price appreciation and are guaranteed ease of trading back.
  • A Cross-Chain mechanism that facilitates the transferability of assets across blockchains. This is huge as this will enable the attainment of the true universality of NFTs.

ENTA Ecosystem

  • DeBank - DeBank which is ETNA’s Lending/borrowing platform has been deployed on BSC. It currently supports the lending and borrowing of seven tokens/coins namely BNB, ETNA, ETH, BTC, BUSD, USDT, and DAI. It also supports the deposits of all ETNA NFTs and users can already use such NFTs to take out loans. ETNA’s DeBank also allows holders of ETNA tokens to take out interest-free loans always. This is also the first of its kind in the crypto space. At present over 4,500,000 ETNA and over 2000 NFTs have been deposited. Also, over $200,000 in interest-free loans have been taken.
  • ETNA’s NFT Marketplace - ETNA Networks’ NFTs are gaming assets that would be deployed in the upcoming game. Currently, there are over 30 NFTs trading on the ETNA Network marketplace, these NFTs are comprised of game characters, weapons, secret passages, creatures, and many more.

ETNA Ecosystem;

DeBank which is the Lending/acquiring stage of ETNA has been submitted to the BSC. Currently supports borrowing and acquiring seven tokens/coins specifically BNB, ETNA, ETH, BTC, BUSD, USDT and DAI. It also supports storage of all ETNA NFTs and clients can already use those NFTs to take credits.

For more information, 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 ID Vipersia
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BEP-20 Wallet 0xbC58BdB65934b5b4a6bba3D4C395f22FDA77dcE7