Paxo Finance- Decentralised Investment loan protocol
PAXO is a decentralized money market protocol that opens investment lending options in the DeFi space allowing users to invest in digital assets through multi pool lending. It works similarly to borrowing money to buy a house or investment property. You borrow money to invest in a crypto/digital asset portfolio. The borrowed funds are then secured against a digital asset portfolio where the digital assets are locked in a smart contract until the loan is repaid. Traders can take larger loans in rallying markets to maximize profits. Optimists can also borrow to execute asset accumulation strategies during bear markets. The loan repayment schedule and the rules that bind us do not apply arbitrarily. You can pay from a 3-month, 6-month, or 12-month systematic plan. Better yet, you can customize the payment timeframe. At Paxo Finance, anyone and everyone can borrow. We strongly believe in DeFi's decentralization, automation and financial inclusion. We stick to these principles. All you need is crypto assets. No credit check. No KYC. No social enforcement. The invested capital will always be useful. Whenever a digital asset that is held is not used for an unsecured borrower, rest assured that they are building wealth and making money for you in other partner-guaranteed loan pools such as AAVE or MakerDAO. Our Portfolio Builder is for ambitious and goal-oriented users with specific crypto investment targets to be met within a certain period. Our custom insulated pool caters to all types of lenders. Depending on your risk profile, lenders may invest in several groups to meet their investment goals. All of our pooled smart contracts are publicly accessible and vetable.
Paxo Finance is an unsecured lending protocol built on an untrustworthy and secure Blockchain. The smart contracts used by Paxo finance do not rely on credit scores from centralized institutions such as banks to facilitate loan services. In fact, margin trading is one of the most important use cases of our lending protocol. There are only two types of trading positions that can be taken long and short positions. When you go long, that means you bet the price will go up, just like when you go short, you bet the price will go down. If the trade goes, in your direction, you make a profit otherwise you book a loss. The PAXO Finance protocol allows users to buy digital assets such as NFTs, game accessories or metaverse land with a loan capital of around 80%. Through the protocol, users can borrow and invest various digital assets, which are then locked in the protocol. From there, users can leverage their assets for staking, farming yields, and more. One of the more significant benefits of PAXO is its interest rates, providing some of the most competitive prices in the industry. PAXO's next step is to activate another 80 million wallets in the DeFi 2.0 ecosystem. Retail investors can access funds to participate in digital assets with minimal collateral through the platform. PAXO will also partner with other DeFi protocols to scout and farm invested assets to expand its reach.
Info detail :
Web : https://paxo.finance/
Twitter : https://twitter.com/paxofinance
Medium : https://medium.com/@paxofinance
Proof
Bitcointalk Username: Jancuki
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1305012
telegram Username: @robiawal
BSC Wallet Address: 0xCC028E8465c39c8B5D250431c82239dc7EE48a6d