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DeFiner

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The total fiat value of assets in a dapp's smart contracts
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Blockchain
Ethereum
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News

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Cysic has suspended its crosschain bridge after an attacker created 10 million unauthorized CYS tokens on BNB Chain and converted part of the supply into assets moved toward Ethereum.
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Tando Nkube

What is DeFiner?

DeFiner — a decentralized financial network for digital savings, loans and payments. Based on blockchain technology, the platform allows users to lend, borrow and earn digital assets easily on the global web. DeFiner eliminates the costs, associated with conventional financial services, and offers maximum flexibility in setting your own rates and conditions. DeFiner allows those adopting the new digital economy to instantly profit from their assets.

Contents:

DeFiner

Description of the DeFiner project

DeFiner aims to develop a fully decentralized financial ecosystem to promote financial inclusion and efficiency, enabled by blockchain technology and smart contracts. Unlike conventional lending, the De Finer platform eliminates custodial risk and trusted intermediary intervention by using smart contracts to execute all loan agreements on a highly decentralized blockchain. The Finder Token Economy (FIN) is introduced to recognize, reward and incentivize all participants in the ecosystem. In addition, all value, created through the qualifier ecosystem, will be distributed back to the community.

Why you should trust this project:

Firstly Loan contracts are created and executed on the platform automatically.
Secondly Once deployed, the DeFiner team has no ability to spend in a smart contract, nor does it have control over how to authorize, approve or reject loan offers, or cancel or modify loan agreements.
Thirdly The sole role of the De Finer platform - to make it easier for users to enter into loan agreements and publish smart loan contracts on the blockchain such as Ethereum, Stellar, Hyperledger, etc.

De Finer's decentralized architecture will also effectively avoid the single point of failure problem, improve the reliability and availability of the network and increase the complexity of cyberattacks significantly. To return authorization and power back to the community, De Finer token holders will also automatically assume a governance role through a voting mechanism. De Finer smart credit ecosystem will provide digital asset holders with the ability to unlock the instant value of their digital assets with better performance in terms of availability, speed, reliability and safety.

Additional platform information

The DeFiner protocol codebase runs on Github. The protocol works as a set of smart contracts on top of the Ethereum blockchain. Smart contracts guarantee safety and do not require an intermediary. Users and applications can interact directly with smart contracts, blockchain data or through their favorite web3 providers.

The De Finer protocol is designed with safety in mind and has been audited by several auditors.DeFiner

Developers provide a WhitePaper document FAQ and blog. All this will help you to learn the features of the project and start. The community leads these social networks: twitter, telegram, discord. Join to stay up to date with all news.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.