ETNA: A PLATFORM ON THE BLOCKCHAIN NETWORK THAT SUPPORTS LOANING AND STAKING WITH ZERO INTEREST RATES

 


The thirst for financial independence has led to the creation of diverse financial platforms. First the centralized financial system was discovered to be lacking in a lot of areas.

Hence the creation of the decentralized financial system which was just simply awesome because of its independence, transparency, and swiftness in transaction. Now imagine a gaming network on the Defi platforms, where users that play this online game make passive income.

It is none other than a blockchain platform that was started as a Hybrid gaming platform, with intentions to combine in-game and non fungible token assets in a decentralized financial loaning stage

THIS INNOVATION IS NONE OTHER THAN THE ETNA NETWORK

Introducing the ETNA platform

This platform is about making transactions seamless, so that users can easily do transactions without having to create multiple wallets.

The idea behind this platform is to build a combination between finance and gaming in the Ethereum system

ETNA also intends to use its vast experience and it's passion to make available decentralized financial products in the Binance smart chain.

ETNA also aims at becoming the leading platform in loaning, borrowing and decentralized exchange too.

The program built in the BSC network was particularly made to transfrom innovations and encourage individuals to use the decentralized financial technology.

In other to infiltrate the market it began as a platform that encourages lending, loaning and trading.

This platform was created to support lending, loaning, and trading.

This platform can also called Cyclops, quick story of how the name came about. Well According to ancient Greek mythology Cyclops which are one-eyed giants lived up in the mount Etna"

STRUCTURE OF THE ETNA PLATFORM

BBT MARKET:Broker membership tier program, and Proof of insurance program.

LENDING PLATFORM:Leaveragingoptions, and Loans with no interest.

NON-FUNGIBLE MARKET:NFT exchange-platform accepted currency, and NFT exchange-platform members program.

GAME ASSET VALUE:Rewards and valuables compilation/ evaluation, and Hoarding of games assets value.

WHAT DOES THIS PLATFORM INTEND TO ACHIEVE IN THE COMING YEARS

IN Q1 2021

Token presale, BSC maintenance upload.

Get listed on DEX and CEXs

Ensure loaning and borrowing features work on the BSC NETWORK

Combination of liquidity-earn yield farming option

leveraging options so that there will be a reduction in interest fee

System renovation

Expansion of the system/partners

IN Q2 2021- Q4 2021

Combination of good governance techniques

Application for cryptocurrency marketing license

Combination of Fiat program and payment options

Development of the first broker-buyer peer-to-peer exchange place. Built on and Efficiency/transparency code

Development of the the ETNA application that will work with the options on the Cyclops finance system.

NOW LET'S LOOK AT FEATURES OF THE ETNA PLATFORM

LENDING PLATFORM:

Here customers are given a loaning and borrowing option.

It’s is the first of its kind loaning platform that encourages customers to use Non-fungible tokens as collateral.

It operates on a distinctive program that accepts NFT tokens.

Interestingly users can use any valuable or acceptable Non-fungible token as collateral.

NOTE : The most significant thing about this feature is that it has a leveraging for interest reduction.

Secondly users can get loans with zero interest rates,for customers that use the local ETNA coins as collateral.

SIGNIFICANT FEATURES

When users deposit the ETNA token they receive close to 27% APY

Users get eighteen percent for all stable coin stored on the platform

When users cultivate the ETNA liquidity they get fifty percent APY

When users store up to five hundred coin(stable coins)they get fifty ETNA. This means is a user deposit ten thousand BNB THEY’LL GET EIGHTEEN PERCENT APY IN BNB AND ONE THOUSAND ETNA AS BONUS EVERY MONTH


DEVELOPED MARKETPLACE:

It uses an infusion of the modern or common liquidity decentralized-exchange system including a trading technique known as the "negotiator-buyer method".

Secondly it uses a trading method that uses products, and a payment gateway combination.

Here users can easily carry-out cryptocurrency transactions without having to own many cryptocurrency wallets.

This means if a user deposits 10000busd, the user gets 18%apy in BUSD and 1000 ETNA in bonus monthly

WHAT PARAMETERS HAVE BEEN PUT IN PLACE TO ENHANCE TRANSACTION ON THE BSC NETWORK?

ADVANCED DECENTRALIZED EXCHANGE SYSTEM: Automated controlled liquidity pools programs.

Use of p2p transactionmethod

Fiat-cryptocurrency program infusion .

Decentralized lending:It has highlighted Non-fungible token as an acceptable collateral.

Options which encourage leveraging to cut-down interest fees.

Features where users can get loans and borrow up to 50% of digital assets.

Note ETNA IS LISTED ON PANCAKESWAP



TOKENOMICS

NAME= ETNA

TOTAL AMOUNT: 100 000 000

STAKING: 40 000 000

PRESALE: 10 000 000

BBT MARKET: 30 000 000

LIQUIDITY: 6 000 000

PARTNERSHIP:5 000 000

DEVELOPMENT = 5 000 000

TEAM: 3 000 000

FOUNDATION: 2 000 000

ALLOCATION

60% for development(to develop, rebrand the system, get license to operate and finally build an all-in-one wallet.

40% For expansion( add more creative personnel to the ETNA team.

I WILL DRAW THE CURTAIN HERE BY SAYING THAT ETNA IS INDEED AN INCREDIBLE PLATFORM AND WILL GREATLY BENEFIT ALL THAT USES IT.

SO COME ON GUYS WHAT ARE YOU WAITING FOR?


For more information, please visit the link below:

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 :abung

profile : https://bitcointalk.org/index.php?action=profile;u=2662588

wallet : 0x3F69b5C3e1C7163ebd3B232b9Ca1e18d3aCb1E98

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