DeFi Apps

DeFiner: Put Your Crypto Assets To Work

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Thanks to DeFi, there are copious of borrowing, lending, and saving platforms powered by the Blockchain. They come in varied forms with transparency and features you cannot find in the mainstream financial system. Today, one can borrow funds in digital assets and use it for whatever needs. You can also lend your tokens and earn interests as well as savings opportunities.

These financial instruments are providing economic freedom and monetary sovereignty without any interference from the powers that be. The most exciting part is the ability of individuals to control their funds when using such platforms.

Of course, the future is going to be impressive and more fulfilling, looking at what is happening with these technologies. Now people can save, lend, and borrow from their Personal Computers and cellphones without leaving their homes.

Introduction To Definer 

Definer is a non-custodial digital asset networking utilizing Blockchain technology for savings, lending, borrowing, and asset swap. It eliminates all intermediaries while lessening costs and boosting premiums.   According to the team, their mission is to promote financial trust, uniformity, and growth. The platform’s foundation is robust security employing audited Smart Contracts.

Unlike the bank, Definer’s users have access to services at any time of the day and night all year long anywhere in the world, even when it is a public holiday. It comes with so much versatility as you can set your rates, terms, and condition.

The most encouraging part is that it is insured and has a protective fund with all loans collateralized, which guarantees the safety of users’ funds. There are more than 15 assets that are currently available for borrowing, lending, and saving, and they include Bitcoin, Ethereum, Tether, BNB, and others. 

Definer is currently web-based, but its mobile application is in beta mode. Sooner than later, the desktop app would be available to the public since it is part of their roadmap. The network has its native utility token, known as FIN, and that is the nucleus of the ecosystem. It is used to vote on the platform, share profits (transaction fees and interest), and proof of premiums.

Definer has prominent entities as partners like Microsoft, Chainlink, Techstars, SNZ, NEX, Spark, Signum Capital, Alphabit, Kyber Network, and Consensus Lab. Trial of Bits and Taka Security are in charge of auditing the platform.  It also has an Over The Counter (OTC) service that is quite suitable for institutional demands and bulk purchases. 

Definer’s Services

The network combines centralized and decentralized Crypto features to render services in savings, borrowing, lending, and digital assets swapping.

Borrowing and Lending:  As a peer-to-peer marketplace, users are matched to access loans or lend their assets instantly. If you are interested in borrowing or lending, it is a matter of depositing your funds on Definer. Then you request your need so you can get connected to another user with similar terms set out.

It is also possible to borrow against your savings. More so, all loans are fully collateralized.

Savings: Againyou can deposit your assets and earn 6%-12% interest depending on the terms and conditions. Moreover, there are no restrictions on withdrawals; accordingly, you can always have access to your funds at any time. The savings portal is seamless to use and has no lock-up feature.

Join Definer Community

Definer has a strong social medial following on different platforms where they channel information about the projects and updates. It is prudent to join these communities to learn more about what is going on with the network and learn more about its features.

Here are the links to the multiple platforms:

Those of you who are technically inclined can also check out their Github here.

chainlink
Chainlink (LINK) $ 11.65
yearn-finance
yearn.finance (YFI) $ 12,611.09
ethlend
Aave [OLD] (LEND) $ 0.320885
uniswap
Uniswap (UNI) $ 2.68
havven
Synthetix Network Token (SNX) $ 3.72
uma
UMA (UMA) $ 7.31
compound-governance-token
Compound (COMP) $ 108.23
maker
Maker (MKR) $ 547.55
wrapped-nxm
Wrapped NXM (WNXM) $ 25.17
0x
0x (ZRX) $ 0.343202
loopring
Loopring (LRC) $ 0.144755
republic-protocol
REN (REN) $ 0.282603
kyber-network
Kyber Network (KNC) $ 0.860589
numeraire
Numeraire (NMR) $ 24.96
band-protocol
Band Protocol (BAND) $ 5.04
terra-luna
Terra (LUNA) $ 0.309869
yfii-finance
DFI.money (YFII) $ 1,401.23
sushi
Sushi (SUSHI) $ 0.669825
balancer
Balancer (BAL) $ 10.75
thorchain
Thorchain (RUNE) $ 0.407436
reserve-rights-token
Reserve Rights Token (RSR) $ 0.013959
ampleforth
Ampleforth (AMPL) $ 1.10
nest
Nest Protocol (NEST) $ 0.044938
serum
Serum (SRM) $ 0.997598
keep-network
Keep Network (KEEP) $ 0.350584
augur
Augur (REP) $ 12.47
curve-dao-token
Curve DAO Token (CRV) $ 0.489953
kava
Kava (KAVA) $ 1.58
bancor
Bancor Network Token (BNT) $ 0.711377
just
JUST (JST) $ 0.025677
gnosis
Gnosis (GNO) $ 41.38
force-protocol
Force Protocol (FOR) $ 0.027705
cream-2
Cream (CREAM) $ 25.58
melon
Melon (MLN) $ 21.35
tellor
Tellor (TRB) $ 23.55
akropolis
Akropolis (AKRO) $ 0.010042
aurora-dao
IDEX (IDEX) $ 0.050911
nectar-token
Nectar Token (NEC) $ 0.153557
bzx-protocol
bZx Protocol (BZRX) $ 0.128189
airswap
AirSwap (AST) $ 0.114386
switcheo
Switcheo (SWTH) $ 0.019828
orion-protocol
Orion Protocol (ORN) $ 1.46
dforce-token
dForce Token (DF) $ 0.079088
meta
Meta (MTA) $ 1.22
pnetwork
pNetwork (PNT) $ 0.422298