Cryptocurrencies through the help of a powerful distributed ledger known as blockchain technology have made a huge impact in today's world. Apart from innovating in several industries and sectors, cryptocurrency has become the future of money because of its advantages and potential, cryptocurrency innovation has become one of the best. an asset in the digital world known as NFT which has gained popularity recently due to its importance.
cyclops finance is said to be a Defi hybrid project focused on developing highly customized blockchain game solutions, with the help of this project you can create decentralized games on blockchain that allows them to interact with blockchain one of the main areas where this technology has a big impact is the gaming sector basically the block chain is from a distributed technology that has large financial and economic institutions and brings it to a lower safe cost and fast execution of transactions
as an NFT gaming platform, cyclops treasure game "(cyclops finance) as a team working together to venture into the binance smart chain protocol to provide users a refreshing easy and cheaper utility means where a friendly lending/lending and trading platform user is called ETNA
INTRODUCTION ETNA
ETNA is a decentralized lending/lending trading platform that allows users to lend easily while combining it with the world bankrupt buyer type market ETNA comes from Greek mythology cyclops made a home on the mountain ETNA the name is perfect for Cyclops financial migration to (BSC), This platform allows users to take out collateralized loans with fixed interest rates or variable interest rates ETNA token helps users to cancel some of the interest charges on any active loan, that means zero interest
A platform that allows its users to trade multiple crypto assets without having to have multiple crypto wallets
A platform that features borrowing and borrowing from NFT which is whitelisted as collateral for loans
Platforms that have little or no interest fees for their users
ETNA'S OBJECTIVES AND APPROACH
with the help of ETNA, many DeFi projects are now building or migrating to the binance smart chain in just a month, total locked valves grew from $3 billion to $12 billion
Cyclops finance currently runs on the ethereum protocol but with high gas costs and slow confirmation times raining down on the parade, a venture into a cost effective and high level BSC seems like a no brainer
ETNA's oxbull tech support is now aiming to raise 3,000 BNB (soft cap 1000BNB) to help expand staff and development areas
- Payment gateway integration
- Development of a hybrid model where broker-buyer marketing
- Development all in one app/mobile wallet
- Crypto license application
What is the Etna Network?
Etna Network is a Digital Asset Lending Platform where not only coins and tokens can be used as insurance, but also NFT, computerized terrain, and that is just the tip of the iceberg. Important NFT holders can now take credit by utilizing NFT like insurance, this is undoubtedly an advantage in itself.
Etna intends to make it natural and simple for clients to jump effectively while working on stage without claiming multiple wallets. Its mission is to create a holistic biological system, a single foundation of interconnected crypto-type advancements that works for both those who succeed and those who don't. ETNA Network is building on advances in DeFi, gaming, and NFT. The outline of this innovation is as follows:
DEX Hybrid Liquidity Protocol where clients will approach many advanced resources. A trade where the complexities that come with exchanging digital forms of money are a relic of the past. With the new Buyer-Broker-Type (BBT) exchange instrument, clients without real experience want to exchange easily.
Game Technology
The game stage where ordinary games can be delivered and combined with the blockchain. Works for game designers and players. With game resources printed to the NFT, groups of individuals can claim the game's resources and gain sovereignty that grows with the game's fame.
NFT Marketplace in
where clients can buy and sell significant NFTs on the spot. You can buy and sell NFT as you would for tokens/coins in trading. ETNA can achieve this with its NFT price locking system, in essence, the value of each NFT is equivalent to some measure of hidden money. This is very interesting because each NFT exchange dynamic is designed according to the mathematical value demand bend. With this, holders will surely appreciate the value appreciation and ensure ease of exchange back.
A Cross-Chain component that works with resource adaptability across the blockchain. This is great because it will empower the achievement of NFT native completeness.
DeBank
DeBank which is the Lending stage or acquiring ETNA has been submitted to BSC. It currently supports borrowing and acquiring seven tokens or coins specifically BNB, ETNA, ETH, BTC, BUSD, USDT and DAI. It also supports storage of all ETNA NFTs and clients can already use those NFTs to take credits. DeBank ETNA also allows ETNA token holders to take income-free credits on a consistent basis. It is also the first of its kind in the crypto space. Currently more than 4,500,000 ETNA and more than 2000 NFT have been stored. In addition, more than $200,000 without interest has been taken.
NFT ETNA Marketplace
NFT ETNA Networks is a game resource that will ship in future games. Currently, there are more than 30 NFTs exchanged in the commercial center of the ETNA Network, these NFTs involve game characters, weapons, secret parts, animals and much more.
Token
ETNA ETNA is local money from the ENTA Network environment that is used for various Defi capacities such as lending, acquiring, handling and purchasing NFT, and for spending.
Token Name
- Token: ETNA Network
- Ticker: ETNA
- Type: Binance Smart Chain
- Full-scale supply: 100,000,000
- Staking: 40,000,000
- BBT Marketplace: 30,000,000
- how to buy on Pancake: https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x51f35073ff7cf54c9e86b7042e59a468cc9709fc468cc9709
Resource Allocation
- Pre-sale: 10,000,000
- Liquidity: 6,000,000
- Team: 3,000,000 (locked for good)
- Upgrade Fund: 5,000,000
- Partnership: 5,000,000
- Foundation: 2,000,000
ETNA Token Utility
- Loan Platform: no progress interest can be taken Using ETNA Tokens.
- BBT Market: ETNA can be used as collateral as a Proof of Insurance Mechanism
- Currency NFT Marketplace: Cash-backed NFT Marketplace is ETNA used to buy and sell in-game assets and other NFTs
- Rewards: ETNA can be used as Treasures and grants in the game section of the ETNA organic framework
Conclusion
ETNA Network is your one-stop shop for all things DeFi, NFT and Hybrid Gaming. Here users can find various features that will help them to fulfill their various needs such as DeBank for loans, or NFT marketplace for trading game assets and NFT tokens. Built on revolutionary technology, ETNA Network believes that it can be a platform that users can rely on.
More Detailed Information:
Website: https://www.etna.network/
Whitepaper : https://www.etna.network/assets/ETNA.pdf
Twitter : https://twitter.com/EtnaNetwork
Telegram groups: https://
Telegram channel t.me/EtnaNetwork : https://t.me/EtnaChannel
Discord: https://discord.com/invite/dbuEXdm
Youtube : https://www.youtube.com/channel/UCgkP_qjdYSZ8iesrz5kK0YQ
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