How ETNA Incorporates Two DeFi Products to Recreate the Future of Gaming and Decentralized Finance

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INTRODUCTION
The future of finance is now decentralized. The power or the control over the global financial ecosystem is slowly fizzling through the fingers of the banks and the government and falling into the hands of the users.
It’s been a long time coming since we needed an opportunity to control how we create, spend and invest our money. The concept of Decentralized Finance (DeFi) is disrupting everything and ETNA is here to make it more disruptive.

What is ETNA?
ETNA is a cryptocurrency project designed to disrupt and recreate the future of gaming and Decentralized Finance (DeFi).
Both Non-Fungible Tokens (NFTs) and Decentralized Finance (DeFi) are two of the most disruptive cryptocurrency asset classes.
The goal of the ETNA project is to create more sustainable and user-centric solutions that would be leveraged to cater to the NFT and DeFi needs in the cryptocurrency space.

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The DeFi Combination
The goal to disrupt the DeFi industry the more can be taken to the next level with the combination of the two largest DeFi applications or products. I am talking about the application of both the Hybrid Marketplace and the Lending and Borrowing scheme.
On the one hand, the Hybrid Marketplace is a brilliant idea of combining both the broker-buyer type of trading mechanism and the conventional liquidity pool on Decentralized Exchanges (DEXs). The Hybrid Marketplace allows ETNA to offers its users the option of leveraging both the centralized and the decentralized forms of trading their favorite crypto-assets.

On the other hand, you want to leverage the Lending and Borrowing feature. This goes a long way to allow the users to lend and borrow crypto-assets either for trading or for passive income options, such as staking.
Worthy of mention is that ETNA is also one of the projects that support NFT collateralization. This means that you can use your digital assets or collectibles as collateral to take loans.
The Lending and Borrowing aspect of the ETNA project also allows for the inclusion of a Leveraging feature. This feature comes in handy when the users want to access a wide range of financial instruments, including loans without paying through their noses. The interest reduction (and sometimes interest-free) loans allow the users to borrow crypto-assets and pay them back without having to go to the expense of an arm and a leg. Besides, you can leverage the Leveraging feature to cut down on your lending and borrowing risk exposures, provided you have the ETNA crypto token as the payment option.

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Features of the ETNA DEX Ecosystem
Here are some of the aspects of the Hybrid Decentralized Exchange (Hybrid DEX) ecosystem of the ETNA platform:
• Fiat-to-crypto interface integration
• Automated Liquidity Pool Protocol
• Peer-to-peer (P2P) Trading

Features of the ETNA DeFi Lending Ecosystem
These are some of the features of the decentralized lending and financing ecosystem of the broader ETNA platform:
• NFTs can be used as collaterals
• The users have access to over 50 crypto-assets for lending and borrowing purposes
• Low and interest-free transactions

TOKEN INFORMATION

Token Name : ETNA Network
Token Ticker : ETNA
Circulating supply : 11,250,000

CONCLUSION
The solutions created by the ETNA project also extend to the provision of user-friendly and cost-effective Decentralized Finance (DeFi) products and services to the users.
The blockchain company backing the project is Cyclops Finance and it is committed to establishing a hybrid gaming ecosystem that can be integrated into the world of finance and gaming on the Ethereum (ETH) blockchain.

Know more here

Website: https://www.etna.network
Twitter: https://twitter.com/EtnaNetwork
Telegram : https://t.me/EtnaNetwork
Medium: https://medium.com/@EtnaNetwork
Contract address: https://bscscan.com/address/0x51f35073ff7cf54c9e86b7042e59a8cc9709fc46

Creator
Telegram : @barth6
Proof of Registration : https://bitcointalk.org/index.php?topic=5348731.msg57561475#msg57561475
BSc Address : 0xC2933176a9be2116721A2681e042111Ad22F8266