Lambatoken Decentralized Finance (DeFi) solution for new economies.
DeFi use case, protocol, and solution.
What is decentralized finance (DeFi)?
Short for decentralized finance, DeFi is an umbrella term for a variety of applications and projects in the public blockchain space geared toward disrupting the traditional finance world. Inspired by blockchain technology, DeFi is referred to as financial applications built on blockchain technologies, typically using smart contracts. Smart contracts are automated enforceable agreements that do not need intermediaries to execute and can be accessed by anyone with an internet connection. DeFi consists of applications and peer-to-peer protocols developed on decentralized blockchain networks that require no access rights for easy lending, borrowing, or trading of financial tools.
DeFi use cases and protocols
DeFi has grown into a complete ecosystem of working applications and protocols that deliver value to millions of users. Assets worth over $30 billion are currently locked in DeFi ecosystems, making it one of the fastest-growing segments within the public blockchain space. One of the most popular DeFi use cases and protocols available in the market today is the DeFi lending and borrowing system. DeFi gave finance a new direction by enabling lending and borrowing. Widely regarded as ‘Open Finance’, decentralized lending offered crypto holders lending opportunities to gain annual yields through a smart contract with features such as transparency, decentralization (taking off power from a central system), better security, speed, and borderless access. Decentralized borrowing allowed individuals to borrow money at a specific interest rate. The aim of lending and borrowing is to serve financial service use cases while fulfilling the needs of the cryptocurrency community.
How does DeFi work?
Users of the DeFi system/platform earn interest by depositing cryptocurrencies. Once cryptocurrencies are supplied on the Compound platform, users can use them as collateral for loans. DeFi brought a plethora of opportunities, with projects facilitating more functionalities in addition to just money transfer the blockchain ecosystem started with.
Using Lambatoken to create and develop new economies with our decentralized finance (DeFi) solution
How our DeFi solution works
The lambatoken DeFi smart chain platform will provide collateral to investors who wish to invest in profiting new economies. The new economies are designed to pay back investors their capital and interest while holding exactly the amount they invested through a smart contract. If these investors do not get back their invested funds and interest within the period of investment, the smart contract will automatically release the lambatokens used as collateral to them as their cashback. All precautions will be taken to avoid such incidents. With this solution, lambatoken can power more than one economy at the same time. The 30% lifetime reserve and the 28% affordable housing reserve will be used to launch this DeFi solution. If the reserves are not enough to handle all developments, we also have the option to allow holders/traders to stake their lambatokens for periodic interest on their capital.
How do we plan to do this?
One of the approaches we will be using is the creation of tech, engineering, and research hubs around the world. These hubs will birth solutions, these solutions will birth new economies or the development of an already existing economy/industry, and these economies will add value to lambatoken because the digital asset becomes the center of all development. So whether directly or indirectly, lambatoken will continue to add value. Industries/sectors we are already looking into include Hospitality, Metaverse, Education, Smart Daily Solutions, Green Energy, Agriculture, Health, Engineering, Aerospace, Transportation, and Conventional Sports.
Lambatoken first set of solutions will be on real estate, interactive eSports, lifestyle, and entertainment. We offer tokenization of real estate projects thereby proffering affordable housing solutions to our holders, we have created a decentralized marketplace & powering new digital economies on the blockchain.
LambaToken is a driver of new digital economies, creating ecosystems consisting of interconnected sets of platforms that explore new combinations of people, processes, and technology.