Financial Services - , New York, United States
FYETH FINANCE is a wholly owned subsidiary of the global fintech group Investment Evolution. Platform that will allow users to borrow money in US dollars based on crypto assets. The three cryptocurrencies as collateral are BTC, ETH and yETH. The platform will operate 24/7 worldwide, Loans are available as soon as collateral is offered loan transactions and loan repayment will be paid through Blockchain. We that allows user to define their loan terms including an (LTV) ratio of 30 to 90%.Their balance sheet we "stronger than ever" and that its margins have expanded, hence it will increase deposit rates than traditional banks. We want to bring our traditional customers into the digital currency space, while targeting crypto holders in more than 200 countries and territories, who can borrow in difference multiple fiat currencies based on their digital assets. Now, with our loan products, Individual and institutional investors can transact like the big boys without selling the cryptocurrencies they have hoarded or leaving their wallets. They see us as a lever to maximize profits in cryptocurrency market transactions. We will become a global brand in digital currency loans and loans.What is yETH?yETH is a non-custodial digital asset platform with a true peer-to-peer network for savings, lending, and borrowing all powered by blockchain technology.Why Choose yETH?yETH vault are powerful financial primitives. yETH are tokens that constantly increase in value from earning interest, while tokens that represent short are leveraged positions. These yETH Tokens composed into novel financial products, used as collateral for loans, or listed on any exchanges to instantly enable margin lending and trading.How yETH Margin Trading WorksTaking a long position involves a simple swapping of one asset for another. For example, you could swap ETH for yETH because you think yETH will go up in value faster than ETH.Ready to achieve your financial freedom?
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