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Market Analysis Report (17 Feb 2021)

Date:

Тhe company introduces a new borrowing-adjusted mechanism, never seen in DeFi protocols before

Holdefi is an Ethereum-based open-source and non-custodial landing protocol. It is powered by smart contracts and allows everyone to lend and borrow with their crypto assets.

What Makes Holdefi Stand Out?

Holdefi is combining the security features of CeFi ecosystem with the privacy of DeFi. It is the first decentralized protocol to introduce and utilize the following groundbreaking
mechanisms into a single DeFi lending protocol:

  • Separation of supply and collateral pools: Users funds are protected from breaches and hacks,
    similarly to what CeFi provides against DeFi
  • Borrowing-adjusted mechanism: Borrowing interest rates are calculated automatically based on the market and competitive conditions, providing lower, more competitive rate and more stable repayment rate
  • Liquidity: The separation of pools allows withdrawals to be made at any time, unlike other DeFi protocols, in which users have to wait for liquidity to become available

Deposits and borrowing can be performed with the following cryptocurrencies: USDC, DAI, USDT, TUSD, BUSD, WBTC, BAT and others.

The HLD Governance Token

Holdefi issued its HLD governance token in order to attain a full-decentralized status. The token allows users and investors to participate in the governance of the protocol. HLD token owners can discuss, propose and vote on any future changes and improvements to the Holdefi protocol. The ultimate goal is Holdefi protocol to become community-driven.

HLD Token Sale

The private sale stage runs between 15th Jan 2021 – 20th March 2021. Private investors can buy HLD tokens at a heavily discounted price of $0.49 per token, and after that period the token price will increase to $0.625. To register your participation interest, please visit Holdefi`s investors page.

Source: https://www.cryptocompare.com/email-updates/daily/2021/feb/17/

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