Nadiya Tkachenko Launches Deswap, the New Type of Defi Which

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Hanoi, Vietnam–(Newsfile Corp. – Feb­ru­ary 14, 2022) – A con­sor­tium of com­pa­nies led by the expert devel­op­er Nadiya Tkachenko launch­es a new Defi sys­tem called Deswap on Poly­gon, cre­at­ing the first bridge between the real world and the Meta­verse. The log­ic behind the idea is to help peo­ple gain from the ben­e­fits of the Meta­verse through sim­ple sys­tems and con­nec­tions with Real World Busi­ness­es, gen­er­at­ing the under­ly­ing nec­es­sary for the cryp­to world, which is so lack­ing today.

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 To cater to the cur­rent inef­fi­cien­cies, the Deswap pro­to­col was devel­oped. It is a ful­ly decen­tral­ized mon­ey mar­ket pro­to­col that will enable users to eas­i­ly lend or bor­row cryp­tocur­ren­cies and sta­ble­coins while tack­ling all the prob­lems and short­com­ings of the cur­rent­ly avail­able plat­forms in the DeFi ecosystem. 

One of the dis­tin­guish­ing fea­tures of the Deswap pro­to­col is that it is based on the Poly­gon Chain which allows users to avail the fastest and low-cost trans­ac­tion ser­vice over­com­ing the issues of slow block con­fir­ma­tions and unbear­able gas fees. Deswap uti­lizes the most advanced block con­fir­ma­tion tech­nol­o­gy to offer up to 80,000 trans­ac­tions per sec­ond which are way ahead of any pro­to­col built in the blockchain indus­try yet. Apart from its abil­i­ty to offer ful­ly decen­tral­ized col­lat­er­al-based loans, Deswap also enables the col­lat­er­al­ized cryp­tocur­ren­cy to mint syn­thet­ic sta­ble­coins. These syn­thet­ic sta­ble­coins are pegged to the val­ue of a US dol­lar and are backed with a load of cryp­tocur­ren­cies instead of fiat cur­ren­cies as in oth­er protocols. 

The salient fea­tures of this ful­ly decen­tral­ized lend­ing and bor­row­ing pro­to­col include the following:

  • Any user can bor­row sta­ble­coins or cryp­tocur­ren­cies with­out any reliance on cred­it-check or past deposits on the Poly­gon chain by offer­ing col­lat­er­al that will auto­mat­i­cal­ly mint new syn­thet­ic stablecoins.
  •  Lenders can effec­tive­ly uti­lize the fastest block con­fir­ma­tion tech­nol­o­gy to lend their cryp­to assets to earn an Annu­al Com­pound­ed Inter­est Rate (APY).
  • Users can also bor­row loans using their NFTs owned on the Deswap or any oth­er part­ner plat­form using the NFT liq­uid­i­ty Exchange on the protocol.
  • The mint­ed, as well as bor­rowed sta­ble­coins, can be uti­lized on any blockchain or plat­form in the entire cryp­to ecosystem.

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The syn­thet­ic sta­ble­coin that can be mint­ed on the Deswap pro­to­col is YAI which has a val­ue equal to 1 US Dol­lar. The plat­form has its gov­er­nance token DAW which assists in keep­ing the pro­to­col decen­tral­ized and free of any author­i­tar­i­an. Any user with 500,000 DAW can pro­pose amend­ments or sug­ges­tions for the pro­to­col before it is accept­ed and passed by a cer­tain num­ber of DAW hold­ers. The protocol’s inter­est rate is vari­able for both the lender and bor­row­er and is based on the yield curve which effec­tive­ly tracks the sup­ply and demand in the market. 

Deswap isn’t lim­it­ed to just bor­row­ing, lend­ing, and the NFT liq­uid­i­ty pools as the pro­to­col will also set up the first decen­tral­ized dig­i­tal mort­gage facil­i­ty in the Meta­verse very soon. The Deswap Meta­verse will be called Octa­gon and will enable users to buy their own home and also a license in the form of an NFT to become a real estate agency in Meta­verse. More­over, Deswap is also plan­ning on the launch of a decen­tral­ized exchange based on the Poly­gon Chain. There­fore, it’s still very ear­ly to jump on the Deswap band­wag­on to enjoy all the roy­al­ties and upcom­ing unique projects. 

“The Meta­verse is the next big chal­lenge for the real estate mar­ket,” con­firms Ser­gio Alber­ti, inter­na­tion­al real estate con­sul­tant, famous for his inno­v­a­tive and for­ward-look­ing entre­pre­neur­ial spir­it. “The Meta­verse, a world that is unknown to most peo­ple today but that in a very short time will become an inte­gral part of the every­day life of many, rep­re­sents a great oppor­tu­ni­ty for investors.”

In agree­ment with this vision also the CEO of Deswap, Nadiya Tkachenko, entrust­ed Plat­inum Square with the exclu­sive pos­si­bil­i­ty to man­age the NFT licens­es essen­tial for entry into the Real Estate of Octagon.

Media Details

Name: Nadiya Tkachenko
Com­pa­ny Name: DeSwap DAO Inter­na­tion­al
Email: info@deswap.co
Hanoi, Viet­nam

To view the source ver­sion of this press release, please vis­it https://www.newsfilecorp.com/release/113251

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