ARTEM: A NEW APPROACH TO CRYPTO LENDING THROUGH DeFi

in artem •  4 years ago 

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INTRODUCTION

The crypto market is becoming more complex by the day due to so many new innovations and platforms coming up and the way the blockchain is advancing. The consequence to this is that, many simple processes or services that should be gotten easily will become ambiguous and might require some complex step to get them. This is why there is need for a platform to simplify many of those services. In this case, Artem is chosen to be a solution provider to crypto lending options on DeFi industry and it has some well planned solution to deploy.

WHAT IS ARTEM?

This is an asset lending network in the cryptoworld with a special program targeted at the less privileged users to make them able to perform so many of the crypto functions without limitations from crypto. Now users will be a part of a platform that will provide frequent rewards and give so many opportunities to the users to invest and have higher returns especially with the other currencies involved in the process.

THE FEATURES OF ARTEM

This is perfect guide for loan receivers in this platform because now they can use the Ethereum public chain and enjoy the characteristics that comes from the use of the platform. The features of this platform will differentiate it from all others. This platform however will give public interest rate and become a high level model which is always available and capable of giving instant loans to users. This will help achieve a smooth relationship between the users, they will transact without any fear or risks involved in the process. This is what is peculiar to Artem. You wouldn't have to trust intermediaries in the process of seeking loans or collection and trust is eliminated as all the processes are controlled by contracts that are programmed to perform specific operations which they won't fail to perform.

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ARTEM is a decentralized protocol whose services would be for all citizens. It has benefit that would be enjoyed by all users across the globe and so it is very vital to rely on the solution it has brought. This platform makes all the users a viable decision maker. Any stakeholder here will be a decision maker and no one will have to trust anyone for any service. To avoid faults, the team of this platform has designed the Artem Token (ARTT) to be the main service tool and for effective governance, also holding liquidity mining and allowing the users to make unique contributions that shows the entire community that the platform can achieve a lot on the blockchain and bring a level of financial freedom to users.

CONCLUSION

The interest rate of the market will be matched with the ARTT token and lending in the market will be post with other top coins involved in the process. The participants in this platform will enjoy some percentage of the deposits and also enjoy privacy in all of those transactions they carry out. Fair distribution will be achieved and Ethereum will be helpful for transfers and also for property right protection.

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USEFUL LINKS
Website: https://artem.finance/
Twitter: https://twitter.com/Artem_Protocol
Telegram: https://t.me/ArtemProtocol

AUTHOR'S DETAILS
Bitcointalk Username: Nekkyush
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2661429
P. O. A: https://bitcointalk.org/index.php?topic=5291124.msg55851591#msg55851591

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