- New Star of Defi project-Sky Fort
Just now·5 min read
The first platform token to deduct the interest, new model of lending + machine gun pool multiple income
Recently, Colibri Group and Cross-Chain Bridge Fund have announced the completion of strategic investment in Sky Fort.
On the other side,big news comes out that Sky Fort would enter into a strategic partnership with Chia.
Why is Sky Fort so frequently favored by capital side?
Or is this just a microcosm of DEFI’s rapid development?
Defi’s total market capitalization has exceeded $60 billion
Defi’s total market capitalization has topped $60 billion to date, reaching $60.011 billion, according to Defi Pulse.
Three months ago, Defi’s total market capitalization was just over $20 billion, an impressive gain.
The popularity of DEFI platform has directly led to a rush of capital.
On April 21, 2021, Colibri Group (Hummingbird Capital), a Russian business advisory and investment institution, entered into a strategic partnership with Sky Fort with an initial investment of USD5 million as Sky Fort’s mortgage lending and liquidity injection.
In this strategic cooperation, the two sides will carry out in-depth cooperation in expanding the global market, resource sharing, technical discussion and other aspects, push the cutting-edge technologies such as blockchain, DEFI innovative financial platform, LYER2, NFT to the world, and realize the landing application of more cross-chain lending + polymerization machine gun pool multiple revenue scenarios.
Following closely behind, Singapore Cross-Chain Bridge Fund also announced the completion of a strategic investment of USD8 million in Sky Fort, and will provide Sky Fort with business consulting, community promotion and other services to jointly explore the seamless integration of the decentralized finance of DEFI.
With such a rush for capital, the key question is how Sky Fort has come up with new ways to differentiate itself from the many decentralized financial platforms of Defi.
SKYF is the first platform currency to deduct interest to create a value loop
What’s interesting is the innovative use of Sky Fort.
As the original token of Sky Fort, SkyF can not only be used for intra-platform circulation, but also unconditionally deduct the interest of mainstream currencies such as BTC and ETH, enjoy decentralized interest-free loans, and the more mining, the more deductions and exemptions.
1% SKYF can directly deduct 5% of the annual interest of the loan, the amount is converted according to the current price.
Interlinked, not only innovation and powerful realization of the ecological value of SkyF closed loop, the SkyF value can be used to the extreme, more efficient to promote the development of DEFI lending finance.
As mortgage lending booms, the value of the platform dollar will rise further.
At the same time, the platform dollar as high as 5 times the strength of the deduction also makes the coin circle big.
If you borrow 1 million USDT for one year, on other platforms, the maturity principal and interest is about 1.3 million USDT. On Sky Fort platform, the platform token SkyF can save up to 40,000 USDT in interest!
Of course, this is still in the early admission of SkyF in the late significant appreciation of space under the premise of the assumption.
SkyF loan + machine gun pool , multiple benefits
Digital assets on the platform, other than waiting for asset prices to rise, the quantity itself will not “grow”.
In Sky Fort’s loan and mining sector, borrowers provide liquidity to the liquidity pool by lending out idle assets, earning interest.
Lenders close the funding gap by exchanging collateral for other types of digital assets and paying corresponding interest.
As an intelligent investor of gathering machine gun pool and intelligent mining, Sky Fort will participate in risk-free mining by intelligently dispatching funds through machine gun pool according to the level of real-time mining income, and the profit will be automatically converted into Taiwan dollar SkyF according to the current price and distributed to users according to the weight.
With the perfect combination of borrowing and machine gun pool, Sky Fort can optimize the return on assets in an all-round way, promote the multiple utilization and multiple returns of funds, capture the deterministic returns in the uncertain market, and realize the closed-loop “mining”.
Unlimited expansion mechanism, invite friends to get SKYF reward
Sky Fort’s loan-mining sector also hides a big benefit for users — the expansion incentive mechanism.
Sky Fort will take part of the total interest income generated in the lending sector as an additional incentive, which will be allocated in an orderly manner according to the expansion mechanism.
1 valid invitation, the inviter can get 10% reward;
Valid invitation 10 times, the inviter can get 100% reward, and so on, there is no limit.
The more effective invitations, the more generous expansion benefits.
This part of expansion bonus includes: SKYF income of borrowing and mining and SKYF income of machine gun pool, excluding interest income of borrowing and interest rate.
It is reported that Sky Fort will carry out early miner subscription in the near future. At the same time, it will also cooperate with CHIA to open the test of machine gun pool aggregate lending and mining, and experience the multiple benefits of the platform currency deducting the lending interest.
In addition to receiving SkyF revenue, all participants in the first ten days of the project will also receive a computing rocket, which will be enhanced by the renowned software engineer Bram Cohen (Bram Cohen), developer of the Bit Torrent transmission and sharing protocol.
Cohen, the founder of Chia, a well-known crypto lending program.
Chia is using the first new blockchain consensus algorithm since Bitcoin.
Through cross-chain bridge smart contract technology, CHIA will be integrated into the Sky Fort ecosystem to jointly promote enterprise-level business cooperation and application implementation.
- Date of publication:
- Thu, 04/22/2021 - 21:48
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