The Earn Network is a platform that unlocks global financial markets without the need for custodial involvement. It facilitates ‘no-code’ solutions, allowing a broader audience to enjoy a wide array of yield opportunities.
Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (EARN/USDT – Trade it here) on the Innovation Zone! Check it out now!
Why Do We Need Earn Network?
Earn Network aims to ensure that investment opportunities are within reach for everyone, regardless of the background or economic standing. They want to democratizing these services, offering cost-effective, user-friendly, and secure products that empower individuals and businesses to take command of their financial prospects.
Currently, the existing centralized TradeFi and conventional investment platforms are falling short in tapping into the substantial value present in the DeFi ecosystem and other emerging avenues. Therefore, Earn Network recognize the need for change. This limitation restricts the potential to capture billions of dollars in value. It leaves investors without the opportunity for substantial returns and hindering the growth of decentralized finance.
Hence, there is a critical requirement to innovate and create solutions that bridge the gap between traditional investment models and the vast possibilities presented by the DeFi ecosystem. This approach allows investors to fully leverage the emerging value, fostering a more inclusive and dynamic financial landscape.
DeFi Staking in Earn Network
DeFi Staking within the Earn Network aligns with a broader vision of simplifying and democratizing finance through the provision of user-friendly, decentralized financial products and services. The platform, driven by continuous innovation and collaboration, is positioned to play a crucial role in the dynamic landscape of DeFi.
Comprehensive Asset and Network Support: The Earn Network aims to support various base-layer networks and an extensive range of projects. It will allow users to stake and receive rewards in their preferred digital tokens.
Diverse Staking Methods: Furthermore, users enjoy flexibility in choosing between Flexible and Locked Staking pools. This aligns with their individual needs and investment strategies, thus catering to both short-term and long-term investors.
Incentivized Participation through NFTs: The integration of NFTs as additional rewards for token staking or as a requirement asset for staking in specific pools enhances the user experience. This not only stimulates user engagement but also encourages active participation within the project ecosystems.
Robust Security: The Earn Network also ensures robust security by employing audited smart contracts for all staking processes. This commitment provides users and projects with peace of mind regarding the safety of their investments and operations.
Lending Capabilities in Earn Network
The Lending category presents vast opportunities, allowing for the structuring of a wide array of loans. Within this framework, the community holds the power to choose from any asset supported by the blockchain, defining their repayment schedule, APR, collateral composition, and more.
An Open Lending Ecosystem: Functioning as a decentralized marketplace, this ecosystem provides relief for borrowers. This frees them from the constraints of traditional lending institutions, lengthy processes, and intricate requirements.
Global Access for Lenders: Lenders can now efficiently reach a global audience, accessing capital with reduced costs and much quicker turnaround times compared to traditional finance (TradFi).
Empowering Yield Hunters: Professional DeFi traders, known as yield hunters, can borrow funds to capitalize on yield arbitrage opportunities across various ecosystems. This facilitates the exploration of new avenues for earning yield, with easy access to lenders enabling the realization of these opportunities, benefiting both lenders and borrowers.
Collateral Protection: Repayments are safeguarded through collateral. Pool creators (Borrowers) are required to overcollateralize the pool with approved assets. This overcollateralization can include multiple tokens, derivatives, LP share tokens, mitigating the impact of volatility.
Supporting SMEs in Emerging Countries: Many businesses in emerging countries face challenges in securing loans, even in traditional finance (TradeFi). Our solution emerges as a superior tool for accessing capital, offering a cheaper, faster, and more user-friendly alternative available 24/7.
Disrupting the Lending Market: Our aim is to disrupt the massive lending market through our innovative approach. We believe that, for the first time in history, blockchain technology enables such a disruption.
2023 – 2024 Focus on Over-Collateralized Lending: The major focus in the years 2023-2024 will center on over-collateralized lending. Given the current developments in the crypto space, including derivatives, tokenized investments, and leveraged tokens, there is ample room for excellence in advancing this aspect of lending.
Where to buy EARN Token
You can find EARN Tokens here at MEXC! We are listing EARN/USDT in our Innovation Zone!
What is the Price of EARN Tokens?
The EARN Token is currently trading at MEXC with a live price of $0.003023. You can check the live price of their token right here!
How to buy EARN Tokens on MEXC
You can buy EARN Tokens on MEXC by following the steps:
- Log in to your MEXC account. Click on [Spot].
- Search “EARN” using the search bar to see the available trading pairs. Take EARN/USDT as an example.
- Scroll down and go to the [Spot] box. Enter the amount of EARN you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy EARN] to confirm your order. You will find the purchased OWNER in your Spot Wallet.
You can find a detailed guide on how to buy EARN Tokens here.
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