Warning: Attempt to read property "post_title" on null in /home/l9s486wnf6gu/public_html/wp-content/plugins/wp-rss-feed-to-post/includes/wprss-ftp-display.php on line 111

Quick TakeEnergyfi is designing green and cost-effective Decentralized Finance by providing a comprehensive set of DeFi features on Energy Web, Avax, Near and Bsc, all while accelerating their adoption.Energyfi raised $200,000.00 in a private token sale.The Green DeFi platform Energyfi is about to be launched on mainnet with the release of EnergyPad, it’s ILO platform.The Green DeFi platform Energyfi is about to launched on mainnetDecentralized finance in briefDecentralized Finance (commonly referred to as DeFi) is a blockchain-based form of finance that does not rely on central financial intermediaries such as brokerages, exchanges, or banks to offer traditional financial instruments, and instead utilizes smart contracts on blockchains, the most common being Ethereum.Introducing EnergyfiNewly, Decentralized Finance faces two major problems: high transaction costs and a huge carbon footprint on the environment due to excessive energy consumption (especially on Ethereum).Energyfi is addressing these issues by designing a comprehensive set of DeFi features on Energy Web Chain, Avalanche, Near and Binance Smart Chain, which will accelerate their adoption at the same time. Indeed, to move towards mass adoption, a blockchain needs more users, and to have more users, it needs more dApps. In order to foster the emergence of decentralised applications (dApps) and to support developers who wish to build on these networks, a fast and reliable all-in-one platform like Energyfi is crucial. Both a cornerstone and a catalyst, Energyfi aims to lead the industry towards: decentralisation, transparency, environmental awareness and cross-chain interoperability. These core values can be seen in the main features of Energyfi.Energyfi’s FeaturesThe Energyfi platform includes a wide range of features, all designed to enable the adoption of green networks and the emergence of environmentally friendly decentralised finance.This includes:Launchpad (permissionless fundraising platform)Dex (decentralised exchange platform where you can easily buy and sell your crypto-currencies on the network of your choice)Staking/Farming (savings product)Lending (lend and borrow crypto-currencies.Energyfi Token (EFI)EFI token will have multiple use cases such as governance and platform utility. Holding EFI token will also be necessary in order to use some of the Energyfi services. Also, to promote EFI token holders, a frictionless yield and burn mechanism is included.This will respectively provide a passive income and fight against inflation.Energyfi raised $200,000 in a private sale and the public sale will be scheduledThe token private sale round was supported by several investors including INBlock ventures, Blu Ocean capital and whitelisted private investors.$200,000.00 were raised during the private sale and a public sale will be organised in the near future on EnergyPad, the Energyfi launchpad.Website: https://www.energyfi.ioTelegram: https://t.me/Energyfi_official

This press release was originally published on this site

You May Also Like

The Event That Changed The Metaverse; Blockchain World Abu Dhabi Engaged, Excited, and Educated the World


Warning: Attempt to read property "post_title" on null in /home/l9s486wnf6gu/public_html/wp-content/plugins/wp-rss-feed-to-post/includes/wprss-ftp-display.php on line 111
The inaugural Blockchain World Abu Dhabi welcomed over 5,300 attendees and streamed…

Retik Finance (RETIK) Launch on May 21 Will Be Bigger Than Notcoin (NOT): Here’s Why Everyone Is Talking

Cryptocurrency enthusiasts worldwide are excited as the much-anticipated launch of Retik Finance…

Memeinator Announced: Taking on the Meme Coin Market With a $1 Billion Vision

London, United Kingdom, September 29th, 2023, Chainwire   Having already raised $500K…

Mutuum Finance (MUTM) Completes Phase 1 Roadmap as V1 Protocol is Announced Along $18.2 Raised

The DeFi crypto sector continues to attract strong attention in late 2025,…

OlympTrade Unveils Simplified Platform to Empower Beginners and Make Trading Accessible for All

Olymp Trade has unveiled its revamped platform designed specifically for newcomers, stripping…

Primex Finance Introduces Beta 0.3.0 App With Deployments to Polygon Mumbai and zkEVM Testnets

Kyiv, Ukraine, 18th January, 2023, Chainwire   Cross-chain prime brokerage protocol Primex…

Principal Protocol Announces Innovative RWA-DeFi Concept with 100% Asset-Backed Valuation

Principal Protocol (PRN), a new project blending traditional RWA with Defi concepts,…

Tashi Finance & Ledger Works partner to re-invent risk management for DeFi lending

Tashi Finance (“Tashi”), a non-custodial liquidity market, is partnering with Ledger Works…

Chiron Investigations Providing Tailored Solutions to Empower Businesses Against Online Threats

Chiron Investigations, a leading provider of investigation services, has unveiled a tailor-made…

Matrixport Establishes Strategy XAUm Reserve, Remains Bullish on the Future of Tokenized Real-World Assets

Matrixport, the world’s leading all-in-one hub for crypto financial services, announced that…