Introduction

In the age of globalization everything have accelerated into digital. Crypto was no exception. DeFi (decentralized finance) and NFT (non-fungible token) markets boomed as people were sitting at home and playing with digital assets especially the effect of pandemic situation. No doubt that Cryptocurrencies are gaining much more popularity faster than expected. The crypto industry has significantly grown and expanded. Decentralized finance, also known as DeFi, is a fast-growing sector of the cryptocurrency industry. Another aspect of Decentralized finance is NFT, gaining much popularity from last year and having the potential to grow to infinity as the NFT’s giving freedom to an artist, gamers, celebrities, tattoo artists, photographers to sell their own digital items as Non Fungible tokens also known as NFT’s. On the other hand the video gaming industry is still been trouble with the non-existence of true ownership when it comes to in-game assets. The Market Will Surpass $200 Billion by 2023. This is coming after $87 billion was spent in 2019 by gamers to purchase in-game assets of which they have no true ownership. Blockchain technology has enabled some games to introduce true ownership of in-game assets but the utilities for this new concept are still small and have no real impact on the industry. ETNA Network will be introducing new concepts and utilities for in-game assets using blockchain technology.

About ETNA Network

We know about “Cyclops Finance” this is a а blockchain organization thаt started аѕ а Hybrid gaming biological system wіth а plan tо coordinate in-game NFT resources іntо а Decentralized acquisition аnd borrow stage. ETNA Network is a one-stop shop for all things DeFi, NFTs, and gaming. User-centered technologies that will revolutionize the crypto space and aid in the adoption. Cyclops Finance is a blockchain company that started out as a Hybrid gaming ecosystem with plans to integrate in-game NFT assets into a Decentralized borrowing and lending platform. Enabling a seamless integration of finance and gaming on the Ethereum Protocol.

ETNA Lending and Borrowing Functions: The trading platform that also includes lending and borrowing sequences is named ETNA. This dedicated platform runs on the tenets of the Binance Smart Chain and aims to support the adoption of the DeFi technologies. ETNA's adoption of the DeFi technology is done to deliver customer-centric solutions. Lending and Borrowing on ETNA is programmed to be simpler and supports a larger extent of use cases. On ETNA, the users can secure a loan against NFTs as a collateral. So, any NFT owner can provide their NFT to the lenders and get a loan. For users staking the native ETNA tokens as collateral for the loans, no interest rates are charged. When it comes to the DeFi-oriented aspects of the platform, users can now lend and borrow, transact in the marketplace, and engage in regular contests to earn rewards.

Features of ETNA:

Conglomerates Marketplace:- ENTA offers its users unrestricted access to trade on all available cryptocurrencies using the Broker buyer type exchanging process. Through this, exchange products and remittance access interspersed enables ETNA users to perform trading with no need to own many cryptocurrency wallets

Borrowing And Lending:- ETNA presents its users the avenue to borrowing and lending using NTF as security for a loan, of which it's the first platform that gives its users such access. Also, there's less interest attracted to the lending, and no interest for lending is taken when ETNA token is used as the security for the lending.

Monthly Return On Assets:- ETNA makes it possible for its users to have 18% annual percentage yield for every BUSD deposited. Also the user gets rewarded with ETNA tokens. For instance if a user deposits 100busd, the user receives 10 ETNA tokens monthly and 18% annual yield return on the deposited stable coin.

Also users can earn about 27% annual percentage yield of any amount of ETNA deposited by the user.It doesn’t end on gaining returns on deposits, ETNA has made it possible for its users to earn 50% annual percentage yield and bonuses when the user uses the liquidity-Earn feature to farm ETNA.

ETNA Token Sales & Exchange Listing: Etna has performed its exceptional token sales on a pool of renowned platform with the prospect of serving as a security token. Etna was sold during its ICO on Pancakeswap where ETNA is supported with BNB, ETH, BTC, BUSD USDT and DAI. Pancakeswap is another DEX which is adopted by up coming ICO projects whereby its later Listed & traded on Cointiger, MXC & Pancakeswap with an expectation on more tier 1 and 2 exchanges underway.

Tokonomics:

Token Name: ETNA Network
Token Ticker: ETNA
Network: Binance Smart Chain
Total Supply: 100,000,000
Staking 40,000,000
BBT Marketplace 30,000,000

Fund Allocation:

Presale 10,000,000
Liquidity 6,000,000
Team 3,000,000 (locked for 2 years)
Development Fund 5,000,000
Partnership 5,000,000
Foundation 2,000,000

Summary

Cryptocurrencies, since it’s very imperative to increase the value of Staking, borrowing & Lending, Etna has integrated a technology of auto rewarding mechanism which makes this token not just another Lending token but a Lending with a fast growing & richer real world 100% use case that entails the full functions of Debank. Not only being a community driven token makes this project exceptional but also the encompassing all in one function and Of course the top-notch rewarding system and the team which are always helpful to the investors through guidance and counseling. After all I can say that ETNA Network is a platform that will bring beyond our expectation.

ETNA Platform links:

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: Pulpen
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2681164
Telegram Username: @Phulpen
BSC wallet: 0x7dC1Ce88CC648e215D5fa33f1a44022345C3Fa2c