Financio and services they offer

Back with me zorzia this time I invite you to review an interesting Financio project that will lead you to your next success.

Investing in Decentralized Finance (DeFi) crypto-assets couldn’t have been as easier as Financio makes it to be. This is one of the newest additions to the DeFi space and from indications, it is set to do wonders in the coming years.

I will explain everything you need to know about this platform, including the disruptive tendencies for the DeFi space.

WHAT IS FINANCIO ALL ABOUT?

Financio is a Decentralized Finance (DeFi)-focused project that wants to open up the DeFi ecosystem for more adoptions. You will agree that the ecosystem has been lagging behind, despite the massive pumps and flow of money into the cryptocurrency market in the last couple of months.

The continued success of the DeFi ecosystem is highly-reliant on continued innovations, integration of newer solutions and all-around functionality of the solutions.

THE DEFI SOLUTIONS

Let us start with the primary focus – DeFi. These are some of the solutions that Financio would roll out for the further advancement of the DeFi ecosystem:

DEFI LENDING

One of the first solutions for the Decentralized Finance (DeFi) ecosystem is the diversification of the financial ecosystem, especially by making it possible for crypto-assets to be borrowed and lent.

The DeFi Lending solution is designed in a way that it allows the holders of specific crypto-assets to borrow another crypto-asset, while pledging the ones they have as collaterals. Also, the lenders can take advantage of this system to give out their crypto-assets to those that need the same and earn passive income in the form of interest rates paid on the assets lent.

DEFI STAKING

This is another passive income opportunity offered by Financio under its DeFi ecosystem. In this case, you are not lending or borrowing any cryptocurrency. Rather, you would be staking your crypto-assets in the staking pool. This is done for the provision of liquidity, as well as to protect the native blockchain network powering the Financio platform – the Binance Smart Chain (BSC) against attacks.
You can also earn passive incomes (calculated as Annual Percentage Yield) from any of the staking pools supported by Financio.

DEFI YIELD FARMING

This is another aspect of earning passive income from the Financio ecosystem. In this case, you are contributing your crypto-assets to the liquidity pool and earning rewards for doing so. As a Liquidity Provider (LP), your duty is to provide as much crypto-assets (preferably the Financio token ($FIN)) for the smooth flow of transactions in the pool.

DECENTRALIZED TRADING PLATFORM

Financio also operates an Automated Market Maker (AMM) on the side. This is a decentralized cryptocurrency trading platform through which you can exchange two crypto tokens at the same time.
The hosting of the Financio platform on the Binance Smart Chain (BSC) blockchain network also means that it would be possible to aggregate data and facilitate transactions across other BSC trading platforms.

Conclusion
I am optimistic that the Financio would actualize most of the goals for the cryptocurrency market. The rule of thumb is to be a part of this project at its early stage and follow the developmental processes to see how it would bring about positive changes to the DeFi ecosystem.