TELEFY FINANCE — World’s first credit score oriented multi chain DEFI solution
Definition of DEFI
Decentralized Finance or abbreviated as DeFi is a blockchain-based financial application ecosystem that can operate without a central authority such as a bank or other financial institution.
The main advantage of the presence of the DeFi ecosystem is the ease of access for everyone to take advantage of any financial service. The traditional financial system relies on intermediary institutions such as banks for the purpose of making a profit.
This causes financial services to not always be accessible to all levels of society, especially low-income people. With DeFi, the cost of using financial services is significantly reduced, and ultimately opens the door for all levels of society to take advantage of financial services.
The inventions of DeFi applications basically encourage the realization of financial inclusion, or conditions that allow everyone to have access to take advantage of financial products or services. This is needed because financial inclusion has been proven to help people move out of poverty, reduce social inequality and encourage economic growth.
TELEFY FINANCE is an example of a DeFi application.
TELEFY FINANCE is a DEFI platform where we can participate in TELE PAD IDO by betting TELE coins.
TELE COIN can be earned by betting TEL Lending tokens One can increase their TELE credit score by holding/betting TELE coins by increasing the credit score so that we can participate in every decision.
Other features owned by TELEFY FINANCE include:
Tele swap
Tele Swap is a multi-chain protocol that allows users to exchange coins, adding liquidity using AMM (Automated Market Maker).
Tele lend
Tele Lend is a multi-chain and automated lending protocol that allows users to lend or borrow using Tele Score.
Telepad
Tele PAD is a multi-chain model that supports initial DEX (IDO) offerings for users who own TELE Coin shares.
Tele NFT
Tele NFT is a multi-chain NFT marketplace where you can buy or sell NFT. Tele NFT protocol fees will be shared among users who stake TELE.
For more details, you can visit the address below:
Website link : https://telefy.finance/
Twitter link : https://twitter.com/TelefyConnect
Telegram link : https://t.me/telefydefi
Facebook link : https://www.facebook.com/Telefy-104998872116794
Reddit link : https://www.reddit.com/r/Telefy_Defi
Instagram link : https://www.instagram.com/telefy_tele/
AUTHOR
Forum Username: perjamban
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3417504
Pollygon Wallet Address : 0x7a66Fd3fe35fC0482Db80Ad7E076d0cFf2c6C097
