Introduction to Multi chain DeFi Solution TELEFY Finance

 Decentralized Finance (DeFi) is a new innovation in the Blockchain market that creates a new financial concept that maximizes the overall advantages of Blockchain, especially in the Traditional Finance sector, Blockchain is basically the basis of all existing Cryptocurrencies and of course this technology is also used mainly in coins that carry the concept of DeFi , Blockchain technology only allows any entity or individual to be able to publicly store various copies of transaction history on a transparent Blockchain network and this means that the system is not controlled by any central source such as a Bank or Government. This is of course very important because the traditional centralized systems used today with manual operators controlled by individuals can limit the speed and sophistication of each transaction in the ecosystem and limit the user's full control over the assets they own in the ecosystem. Simply put, the concept of DeFi or Decentralized Finance is very different from the current Blockchain Finance system because DeFi expands the use of Blockchain Technology which was initially only used for simple Peer-To-Peer value transfers to become more complex, broad and sophisticated financial uses such as traditional systems that currently in use, DeFi allows this to happen. This is through the help of smart contracts as the core of it all and, One of the very revolutionary new Projects is TeleFy where It is a new ecosystem that creates a unique  DeFi system that bridges everyone to access Financial Freedom.

About TeleFy

Telefy is a Defi platform that provides various features needed by crypto users globally. Here users will be able to gain access to the innovative Defi platform and provide solutions for various user needs. Users will be able to find features such as swap, lend, NFT, credit score, and launchpad, which are the features that today’s crypto users will need. With the service from Telefy, users globally will be able to make exchanges, loans, raise funds, etc., more easily and securely.

And also Telefy is the world’s first multi-chain credit score orientation which will assign a credit score to crypto wallets according to how much they hold, the number of their transactions, and various other factors. Thus, the system will be able to calculate the creditworthiness of each of these wallets and how much interest should be paid to them, thereby preventing various actions that could potentially harm the platform and other users.

Features of Telefy

Telefy has various features that users can use easily and quickly from their various devices. For example, users will be able to make loans or borrow easily and securely from the Tele Lend platform. Later, users who lend their assets will get a return according to the promised interest, and users who borrow will be able to borrow more easily and securely. Besides that, there are several other features of Telefy that users like:

TELE SWAP : Tele Swap is a multi-chain protocol that allows users to trade coins, adding liquidity using AMM (Automated Market Maker).

TELE LOAN : Tele Lend is a multi-channel, automated lending protocol that allows users to lend or borrow using Tele Score.

Tele Score : Tele Score is a multi-channel protocol that can be programmed to efficiently calculate a user’s creditworthiness, based on their holdings, transaction history, and some other relevant parameters.

TELE PAD : Tele PAD is a multi-chain model that supports Initial DEX Offerings (IDO) for users who own TELE Coin shares.

TELE NFT : Tele NFT is a multi-channel NFT marketplace where you can buy or sell NFT. The Tele NFT protocol fee will be distributed to users who stake TELE.

All these features are presented in a user-friendly and responsive interface designed by an experienced team. With this user-friendly interface, users will be able to use the various features provided more easily and without problems. Users will be able to use Telefy regardless of their level, whether an experienced or a beginner, users will be able to use Telefy easily and securely from their various devices.

Market Potential

Blockchain through the cryptocurrency will offer an new powerful unique Innovation where it'll enabling the Peer-To-Peer transaction mechanism through the decentralized infrastructure globally, therefore it'll creating a new decentralized finance scheme that can be accessed easily by anyone. In the past 5 years Cryptocurrency becoming one of the best performing markets out there with more stable growth and tons of new innovations in the global market and current crypto has exceeded more than $1 Trillion where it's doubled in the last 5 years, Besides, as we know today the current pandemic has ensuring crypto to become one of the most stable commodity with higher return, Covid-19 Pandemic on the other hand had a huge impact on the global markets and one of them is the financial market, on the other hand TeleFy decentralized ecosystem through the blockchain network to offering an new decentralized financial system that redefining the future of finance market, TeleFy also offering an new form of more cheaper transaction and becoming one of the faster crypto alternatives that can be accessed flexibly and safer.

Token Details

TELE is designed to be a token that will provide stability and reward to holders, as well as a token that will be used for payments on the platform. The advantage of having a TELE token is that users can get rewards with this stake token, users can participate in the launchpad, or users can use this to transact on the NFT platform. Users can manage all their TELE tokens via a blockchain wallet or any wallet that supports TELE tokens.

Conclusion

Defi is an alternative financial solution that can rival current banking services by offering more innovative features and making it easier for users. And TeleFy is one of the platforms that adopt the Defi protocol and can be an alternative solution for users who are looking for the Defi platform. By offering various Defi features needed by users, TeleFy will provide users with various Defi services which will make it easier for them. By providing tele score, swap, lend, launchpad, and NFT, TeleFy will be able to become a decentralized financial platform that will make it easier for users to access various Defi features.

#DeFi #TeleFy #DEX #cryptocurrency #Ethereum #BinanceSmartChain #Bitcoin #Airdrop #polkadot #MATIC #Polygon $TELE #Cardano #ETH

For more information, please visit:

Website: https://telefy.finance/
Twitter: https://twitter.com/TelefyConnect
Telegram: https://t.me/telefydefi
Facebook: https://www.facebook.com /Telefy-104998872116794
Reddit: https://www.reddit.com/r/Telefy_Defi
Instagram: https://www.instagram.com/telefy_tele/

AUTHOR:

Forum Username: son1223
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3376522
POA : https://bitcointalk.org/index.php?topic=5386600.msg59319101#msg59319101
Telegram Username : shuvenkar
ERC 20 wallet address: 0x5e87017Fe750E49b301e615840eC5cA4610A9353