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The PwC report states that there will be an addition of $ 1.76 trillion to global GDP by 2025, announced by the blockchain where DeFi will have a major role to play. At the time of writing, DeFi has contributed $ 77.66 billion to the cryptosphere by leveraging an investment of 2.7 million institutions and hedge fund owners such as investors in dHEDGE, Framework Ventures, DeFiance Capital, Divergence Ventures, but the vision of mass adoption requires the next billion. population to enter the DeFi space for a contribution of one trillion dollars.
Contentious issues nevertheless constitute obstacles to mass adoption. CeFi and DeFi have different approaches. On the one hand, where CeFi relies on convenience, DeFi has innovated CeFi products, but the practical part, while existing, goes beyond general understanding.
MassDeFi, a decentralized lending and borrowing protocol is designed by combining the best of CeFi and DeFi worlds to bring that understanding into the picture. It will unveil a revolution to integrate the next billion users into the DeFi space by following the path of least resistance.
To that end, Mass Defi unleashes massive adoption goals by creating world-class financial products. The product development cycle has given due diligence to a user-centric approach simplifying on-boarding and one-click engagement.
MassDeFi on Binance Smart Chain (BSC) Resolving High Investor / Borrower Fee Issues Obstructing Adoption
One of the main concerns of DeFi users is the high gas fees paid on the Ethereum blockchain. In order to help solve this, MassDeFi launched on BSC makes the expense lucrative by overlapping;
MZero
MZero, a product that doesn’t let you miss the benefit of your crypto. Buy your utilities by mortgaging your crypto but with the advantage of withdrawing them at any time to exploit the market on the rise.
MBL
MBL allows you to deposit your crypto in the MassDeFi / smart contract vault and get money directly credited to your bank account in fiat form.
Mass crypto loans
Mass Crypto Loan allows you to stake your crypto in the MassDeFi Vault and get fiat or other crypto in exchange for the crypto you stake / mortgaged.
Credit card
MassDeFi’s credit card allows users to use cryptography for utility purposes in the real world through encrypted credit cards. These credit cards are accepted at point of sale and e-commerce stores.
Attract investors with a return promise of 3x to 4x
Stable mass yield (MSY)
MassDeFi has forecast stable returns on deposits. Investors who prefer to avoid risk can pledge their crypto into the MassDeFi / smart contract vault for stable returns by investing in stablecoin liquidity pools.
Mass direct yield (MDY)
MassDeFi in partnership with NEO banks allows investors with the freedom to invest in MassDeFi liquidity pools. Investors get their crypto returns converted directly into fiat which they can withdraw from these partner banks.
Yield of mass compound
Mass DeFi algorithmically allocates the funds in the vault via a smart contract to place them in the best liquidity pools with high returns. Investors or bettors can withdraw their funds (principal + interest) and invest in other liquidity pools with a better return to take advantage of compound returns. Interest can be collected / transferred directly to the bank account following the MassDeFi NEO banking partnership.
Conclusion
The goal of MassDeFi is to give maximum convenience to users in CeFi as well as the high returns that crypto users get in DeFi. When convenience, better yields, and automation through technology occur simultaneously, it will attract the next billion users who have so far viewed DeFi as the tech of the nerds.
Disclaimer: No Deccan Chronicle reporter was involved in the creation of this content. The group also assumes no responsibility for this content.
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