News

Leading DeFi Options Protocol Asteria Reach A Strategic Partnership With DeFi Borrowing/Lending Platform SmartCredit.io

Asteria

Summary: At 9:00 AM EDT 26th of July, Asteria, a New York-based decentralized options protocol, announced a strategic partnership with the DeFi Borrowing/Lending platform SmartCredit.io. Asteria and SmartCredit.io will launch a full range of strategic cooperation. Asteria and SmartCredit.io partnership will enable DeFi borrowing and lending in the Asteria ecosystem. Asteria will integrate fixed-term loan return ...

At 9:00 AM EDT 26th of July, Asteria, a New York-based decentralized options protocol, announced a strategic partnership with the DeFi Borrowing/Lending platform SmartCredit.io. Asteria and SmartCredit.io will launch a full range of strategic cooperation.

1_Dl3mYlPnC8KjJ9fHLvEi_g.png

Asteria and SmartCredit.io partnership will enable DeFi borrowing and lending in the Asteria ecosystem. Asteria will integrate fixed-term loan return into the yield aggregator. Users will be able to use upcoming Asteria tokens and to borrow fixed-term against them — the users can monetize their token holdings. Users will stay longer in the Asteria  Dapp, and users will generate more revenues for Asteria. Asteria will receive 50% of the loan origination fees of their users. Asteria will receive SMARTCREDIT tokens pro-rata per loan volume.This integration translates into the increased utility of Asteria platform!

Asteria is a decentralized option trading protocol based on Peer2Pool trading structure. Asteria implements professional Pricing Models and a comprehensive Risk Management system with Delta Neutral Hedging mechanism. It also integrates yield farming and hedging aggregation components to improve LPs’ capital efficiency. A variety of innovative option-based products are designed including Impermanent Loss Hedger, Ladder Options, Mining Risk Hedger, and other structured products. Architecturally, Asteria is built on DeFi cutting-edge technologies such as NFT and Layer2.

SmartCredit.io is a DeFi borrowing/lending platform focusing on fixed-income loans, fixed-interest-rate loans, and DeFi Fixed-Income-Funds.

Asteria URL:

Official Website - https://asteria.finance/

Twitter - https://twitter.com/AsteriaProtocol

Telegram - https://t.me/asteriaprotocol

Medium - https://asteriaprotocol.medium.com/

Gitbook - https://asteria.gitbook.io/asteria/

SmartCredit.io URL:

Official Website - https://smartcredit.io/

Twitter - https://twitter.com/smartcredit_io

Telegram - https://t.meCredit_Community

  • Autonomous Worlds: The Ultimate Goal of Blockchain? 18 hours ago
  • Have Cosmos and Polkadot Been Replaced? The Future of ATOM and DOT 3 days ago
  • Polygon AggLayer: Uniting Modular and Monolithic Blockchain Architectures 4 days ago
  • Bitcoin DeFi and Layer 2s: The Next Trillion-Dollar Opportunity? 14 days ago
  • Is the Crypto Bull Market Over? 15 days ago
  • You need to login to comment.