Pledge's goal - to create a foundation for the next generation of decentralized and open finance.
About coin defi Pledge
Unlike other DeFi projects, this platform helps to create innovative structured and secured loan products. These include fixed rate swaps, refinancing and derivatives in the credit markets to enable investors to build diversified portfolios for any level of risk. The volume of trade in such markets is about 500 trillion dollars a year. The innovations in fixed income vault, variable income vault, yield tokenization and bond seniority, brought to Pledge, using financial NFTs, give Pledge a unique position as a “Lego building block” producer, improvising capital efficiency and reducing liquidity friction. In the future, Pledge aims to become the infrastructure for the next stage in the evolution of the global financial market.
Why should you trust this defi app:
| 1 | The Pledge uses the latest blockchain technology, especially ERC 1155. This allows the creation of an NFT to represent each loan, bond, insurance and other assets as well. |
| 2 | Most DeFi lending protocols provide variable rate loans to traders. Collateral starts at a fixed rate and term, primarily focusing on servicing whales and miners for their loan needs. |
| 3 | Platform aims to serve this global financial supply chain through its decentralized ecosystem by building an NFT trading ecosystem that interoperates across chains. |
By reducing exposure to interest rate volatility, the Pledge is more likely to create a decentralized lending market that will accelerate the adoption of decentralized finance into people's daily economic activities.
What is Ptoken for?
The Pledge Protocol resides on the Binance Smart Chain and provides fixed interest rate, fixed term crypto asset lending and borrowing, using a pToken. pToken offers an easy way for Pledge users to transfer value over time in the future.
To facilitate the functions of borrowing, lending and liquidation, these pTokens are transferable tokens that represent a claim for positive (eligible to receive) or negative (obliged to pay) cash flow at a set maturity.