TROPYKUS AND ITS INFLUENCE IN AMERICALATINA

in Project HOPE2 years ago

Cover image by @sidalim88, using public domain image. Source:

Greetings friends of @ProjectHOPE, this time the topic we are reading about is directly related to the new protocol that DeFi is introducing and its impact in Latin America.

Tropykus is considered in the area of finance as a tropical paradise of decentralized finance and its purpose is to provide all citizens with loans and other services at very good interest rates and obtaining excellent returns on savings in cryptocurrencies. This project is in force since January 24 of the current year and promises to be a financial opportunity where you can get good profits and great leverage.

Public domain image. Extracted from:

One of the most attractive advantages of this project is that it seeks to help the most needy people in the field of cryptocurrency and that is why at the moment it is focused on Latin America, even though to venture into it you must have prior knowledge in relation to the Blockchain, it seeks the inclusion of other currencies at the national level through loans to the different central banks of their respective countries.

The premises that DeFi has set out with its new project is to find the simplest way to enlighten its users, so that they do not feel hindered by the technological part and its different abstractions. Let's remember a little that this protocol is based on Bitcoin technology, therefore annually it must obtain a percentage of profits around 3% on its annual price. It is also important to highlight that it is anchored to other markets such as rBTC, rDOC DOC, xUSD and RIF, in the same way you can place your assets in the savings system where the interest rate will also be very attractive, taking into account the different support tools that the protocol provides us with through its navigation.

Public domain image. Extracted from:

The search for motivating Latin Americans to obtain loans through the use of cryptocurrencies is something phenomenal in this environment, in this way users will have greater access to their money. Another important aspect to highlight is that users have access to their money at all times in the situations they require it, so they will feel more confident in the platform.

The different concerns presented by the founders of this fabulous project are directed in that traditional finance far from helping citizens, ends up affecting them because to access a loan must go through a number of documents and that with very little chance of getting it, incidentally interest rates are high and if they have money in savings their earnings are a minimum rate that does not provide any substantial gain. Similarly, if they have to make use of informal moneylenders they end up being financially exploited.

All the above described, served as inspiration for them to seek the most attractive way to benefit ordinary citizens and gradually begin to venture into the world of blockchain and cryptocurrencies, as this is the new boom in the world. We must be at par with the different technological advances that are presented in this way we will not be forgotten and lost.

Until a future reading friends

MATERIAL CONSULTED

Easy and transparent lending, the proposal of this new DeFi for Latin America. Source:







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Hello @sidalim88,
I believe that it would be a great economic boost to allow credits with cryptocurrencies, this would be a great novelty in Latin countries, I think that many entrepreneurs and micro-entrepreneurs who somehow need assets to start their business would benefit.

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