ETNA Network
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Defi itself can be an alternative for any existing financial services, such as loans or savings.
The large number of people in the world who lack access to financial services is one of the motivations for making this defi system.
Due to the permissionless nature of the blockchain network, it means that it is open to anyone, where they live and how much money they have.
Unlike, for example, conventional banks that can close accounts from customers who do not meet the requirements, the character of blockchain is censorship resistant.
Do you know, my friends, that currently Defi is being loved and discussed by crypto actors. Whereas in the past, people in the world of cryptocurrency and blockchain did not know what Defi was.
This means that the cryptocurrency and blockchain ecosystems continue to grow and become one of the solutions to the problems of the current financial system.
The gaming industry has seen a significant improvement over the past years, especially in the technical aspect. Game developers and operators have been able to integrate new emerging technologies like Artificial Intelligence (AI), Virtual Reality (VR), and many others to improve the quality of games and users’ experience.
Blockchain is one other technology that is playing a significant role in improving the gaming sector. Among other things, Blockchain helps to ensure trust and transparency in games, owing to its properties.
Blockchain essentially helps to improve gamers’ trust and confidence when making in-app purchases, thanks to smart contracts, a self-executing contract running terms of the agreement between sellers and buyers on the blockchain network.
The in-game trading market is reportedly worth billions of dollars. Oftentimes, there are cases where virtual assets purchased from games are not delivered to the gamers, which is where smart contracts come in. More like an escrow that follows an “if / then” protocol, the transaction won’t be completed except the parties involved are both satisfied.
In early July 2020, Defi became the talk of many people for several reasons. One of them is because of the concept of liquidity mining, or other languages commonly called yield farming.
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
Lending Platform : sans interest advances can be taken by Leveraging ETNA Tokens.
BBT Market : ETNA can be used as assurance as Proof of Insurance Mechanism
NFT Market Currency : NFT Marketplace supported cash is ETNA used to buy and sell in-game assets and other NFT's
Rewards : ETNA can be used as a Treasure and grant in the gaming part of ETNA organic framework
Information:
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:
User Name : BAXSABATH
BTT profile : https://bitcointalk.org/index.php?action=profile;u=2764518
BSC Wallet : 0xe36e2c4182A40b77b232E544e1FDcfb1F6d5c253
Some component that works with the adaptability of resources.