Telefy — The world’s first multi-chain credit score focused DeFi
Blockchain technology is being used in a variety of industries, professions, and fields. Because it is made up of a series of blocks, each of which includes a unique piece of information, this method of data transport is incredibly secure. This innovative technology is fast gaining prominence due to its unique characteristics. When this technology is used, operational efficiency and accuracy improve, while expenditures decrease and transparency improves. The TELEFY project’s primary team has devised an inventive strategy for distinguishing themselves from the other cryptocurrency attempts now under development.
According to blockchain industry experts, the lack of a multifunctional role in the beginning or establishment’s ecosystem has been a big source of anxiety for the vast majority of bitcoin investors. The majority of investors and merchants are diverted in order to complete their transactions due to the lack of a multifunctional function in the newcomer’s or establishment’s ecosystem.
Telefy is the world’s first credit score-oriented multi-chain DeFi that is here to stay, as well as the first of its kind in the whole ecosystem.
Telefy Finance is a platform created to help change the way the entire ecosystem operates in a crypto perspective by introducing some many features that will enhance the site. This was created to assist in solving some issues being faced in DeFi the Financial solutions and helping to get rid of third parties and brokerage involved in the legacy models. By allowing each member to borrow in the area and pay at their own convenient and set time.
TELE is an authorized and confirmed token that has been laid forth for participants as a currency in Telefy Finance in order for you to be able to engage in polling or exchanging of any token in the system.
This platform allows you to acquire Tele Coin by staking Tel-LP tokens, and the liquidity pool stake will be computed and distributed as a reward to everyone who contributed to the liquidity pool.
TELE SWAP: Tele Trade is a multi-chain technology that allows users to swap currencies while increasing liquidity through the usage of AMM (Automated Market Maker).
TELE LEND: Tele Lend is a multi-chain, automated lending system that allows users to lend or borrow money using Tele Score.
This was made simple for everyone who uses the site since it allows you to lend or borrow according on the eligibility and authenticity of your Tele score.
TELE SCORE: Tele Score is a multi-chain programmable system for determining users’ credit worthiness based on their holdings, transaction history, and a few other pertinent data. This is a score earned as a result of your involvement and dedication to using the app.
TELE PAD: The multi-chain concept allows users who own TELE Coin to participate in the inaugural DEX offering (IDO).
TELE NFT: NFT marketplace has many chains where you may buy and sell NFT. Tele NFT protocol fees will be dispersed to TELE stakeholder users.
Because of the peculiarity of NFT Tele is prepared to make it worthwhile by developing a subsite where NFT projects may be completed, minting, selling, and also creating yours and listing it for buyer.
The way the system was designed to aid in the collectiveness of numerous chain protocols that will serve and allow participants to operate and achieve so much more on a single platform is what distinguishes it from all other Finances platforms.
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