The Elysian Finance
The Elysian Finance Ecosystem is designed as an ecosystem consisting of multiple components that work together to provide solutions to some of the most pressing problems in the cryptocurrency space. The core idea behind Elysian Finance is that it should be easy for anyone to participate in the cryptocurrency economy, regardless of their financial situation or technical expertise.
Elysian Finance is a DeFi ecosystem designed by Elysian Capital that provides a wide range of services to the community. Elysian Capital is an investment fund with over a decade of experience in venture capitalism and blockchain technology.
Our users will have the opportunity to use an advanced platform that not only solves some of the biggest problems in this industry but also make it much more simplified, clear and easy to use.
Our goal is to make it as easy as possible for our users to use an advanced platform that not only solves some of the biggest problems in this industry but also make it much more simplified, clear and easy to use.
Our team has years of experience from working in various financial institutions and have a passion for blockchain technology. It is our mission to create a complete financial ecosystem that makes life easier for everyone, regardless of their financial situation or technical knowledge.
We believe that we can provide our users with a product that will not be another DeFi project, but a complete financial ecosystem built on blockchain technology with high security standards and ease of use.
We have chosen the name Elysian. The word Elysium comes from the Greek mythology, where it was the place of the blessed dead. It is a beautiful place, with everything you could ever want: no sickness or death; eternal beauty and youth.
"Elysium" is a word people have been familiar with for millennia, but it has become a symbol of wealth and prosperity to everyone. We believe that as we look beyond cryptocurrencies to new blockchain-based solutions and services, we can improve upon existing projects and create an entirely new financial ecosystem for everyone.
We believe that the key to this task is simplicity. We are trying to create something that makes it easy for anyone to use blockchain technology without being a tech-savvy expert or having to understand every single aspect of blockchain technology.
The reason most cryptocurrency projects fail is because they are too difficult to use, understand or connect with everyday life. It requires too many skills — too much reading, writing and studying of cryptospeak — too much testing and debugging.
The main goal behind Elysian Finance is creating a product that focuses on ease of use and usability, with all its benefits. For example:
Elysian Finance provides an easy-to-use DeFi platform that allows users to
We started by looking at the existing DeFIs in the market. We found that they were all focused on solving one specific problem, and that they didn't really solve any of the problems all other DeFIs were trying to solve.
One common theme we saw was that these projects seemed to be trying to bundle too many services together and make it hard for users to understand how their money would work. Many of them also seemed quite complicated, and involved a lot of trust in a middleman.
After considering these issues, we decided to start from scratch, and focus our efforts on solving the basic problems that affect most users who want to use a cryptocurrency like Bitcoin:
- securing your bitcoin wallet - getting your first bitcoin - buying bitcoin from exchanges - sending bitcoin from exchange to exchange - buying altcoins from exchanges - converting your bitcoins into fiat currency To provide a simple service that solves these problems for everyone in the ecosystem, Elysian Finance was born.
The world's financial system is broken. It's slow, expensive and confusing. Banks are centralised, expensive and create unnecessary fees for everyone involved. And the downside to making it faster and cheaper is that you lose control over your funds. When your bank decides to stop paying on time, your funds are there but you can't get them back.
The solution is DeFi: decentralized financial infrastructure. This doesn't mean that banks will be replaced by DeFi, because they aren't. Instead they will be part of an ecosystem of services designed to make it easier for people to use their money in the way they want to spend it.
Every user will have the option to invest in additional financial products that add more flexibility and control over their funds such as:
Leverage (margin trading)
Margin Trading (aka short selling)
Staking (aka offline cold storage)
** Margin lending (aka borrowing for small amounts of money)
** Margin lending with long-term goals (aka borrowing for long periods of time for investing purposes)
** Margin lending with leverage (aka borrowing for small amounts of money but with much higher leverage or power to maximize returns)
- CDX (collateralized debt positions)
We should not idealize the past, or try to pretend that things were better in the old days. They weren't. But we should also be aware of how much things have changed. People did not understand the problems they were facing in the past. Today, everyone does. We can see all around us where people have reacted to problems in ways that are not improving their lives.
In addition, there are many ways technology has made life easier for many people today. The average American home no longer has a farm and all its equipment - but it does have a washing machine, a refrigerator, an oven, and a dishwasher, among other devices that make life easier and more convenient than ever before.
We could spend our time worrying whether society is on the right track - but if we do so we will simply end up complaining about our own lives. We could instead choose to focus on what technology can do for us - rather than what it can take away from us.
Elysian Capital has built a decentralized investment fund platform that works with the blockchain to provide real-time liquidity, locking in higher returns than traditional equities and bonds while also reducing risk and lowering fees.
The product we're building is an ecosystem of financial products and services where users can have complete control over their own funds at all times.
Rather than buying a one-off token on a centralized exchange, users will be able to choose from a range of financial products that allow them to diversify their capital across multiple cryptocurrencies. This means they will always have access to the currencies they want, wherever they are.
For More Information :
Medium : https://medium.com/@elysianfinance
GitHub : https://github.com/ElysianFinance
Twitter : https://twitter.com/Elysian_Finance
Discord : https://discord.gg/gNFfBfV4he
Telegram : https://t.me/elysianfinance
Author
Bitcointalk username: adoe
Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=1405621
ETH Wallet Address: 0xd98AE90926E9e8fCCf32004950A02C2D341E61A7