defi 99

99Defi.network is a permissionless decentralized system that uses Blockchain smart contracts to offer lending and borrowing services. A defi operating system, a yield engine, and a defi smart liquidity aggregator make up the ecosystem. Within their network, It allows token staking, lending, and borrowing. The platform uses a shared security approach that never requires the user to hand up their security keys. Usability, robustness, upgradability, decentralization, and privacy are all concepts that the 99DEFI ecosystem promotes. Founded in the year 2020.

 

Compound Finance allows 99DEFI tokens to be acquired and sold on as many blockchains as possible, allowing for maximum interoperability. One of the most revolutionary features of the DeFi platform is that the platform evaluates creditworthiness to guarantee that lenders only lend to those who are serious about repaying their loans.

 

The platform aspires to be interoperable with the broadest range of DeFi protocols feasible. They work with Compound and Ethereum, but they want to achieve maximum interoperability. The ultimate objective is to make the 99DEFI Platform as user-friendly and accessible as possible so that DeFi adoption may continue. The introduction of the following digital assets will be supported by 99DEFI: stablecoins such as USDC, USDT, TUSD, DAI, and BUSD, wrapped tokens, and hybrid tokens (such as WBTC), C and y tokens are examples of synthetic tokens. ETH, BAT, ZRX, and other tokens and currencies are examples.